Halliburton Opens Saudi Chemical Research Plant
In addition to manufacturing, the facility allows the company to expand its specialty chemicals research and applications for oilfield stimulation and production and better serve the region’s industrial water and process treatment markets.
Halliburton has opened a first-of-its-kind facility in Saudi Arabia to manufacture a broad range of chemicals for the entire oil and gas value chain as well as many other industries. The Halliburton Chemical Reaction Plant expands the oilfield services manufacturing footprint in the Eastern Hemisphere and strengthens and accelerates its ability to serve the chemical needs of Middle East customers.
In addition to manufacturing, the facility allows Halliburton to expand its specialty chemicals research and applications for oilfield stimulation and production. Also, Halliburton now can better serve the region’s industrial water and process treatment markets, including refineries, petrochemical plants, and other heavy industrial operations.
“We are excited to complete this significant investment and to deliver our chemical applications expertise to our Eastern Hemisphere customers,” said Jeff Miller, chairman, president, and chief executive at Halliburton. “This plant is part of our more than $1-billion commitment to Saudi Arabia over the past 10 years. It further increases our in-country presence and supports the In-Kingdom Total Value Add program by providing new opportunities to local suppliers, vendors, other manufacturing partners, and the local workforce.”
The facility opens contract manufacturing and tolling opportunities to support Saudi agriculture, mining, personal care and other industries. Located at the PlasChem Park in Jubail, the plant advances Halliburton’s growing presence and commitment to provide enhanced research and development and technical solutions to the local market.
“The new downstream industries envisioned for PlasChem Park are vital for the future of the Kingdom’s chemicals and petrochemicals industry,” said Sadara Chemical chief executive Dr. Faisal Al-Faqeer. “The inauguration of the Halliburton chemical reaction plant, along with the upcoming projects, will help realize the Kingdom’s Downstream Initiative, combining global expertise with the special chemicals that Sadara produces, for the benefit of local, regional, and global markets.”