Halliburton Breaks Ground on First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia

HOUSTON–(BUSINESS WIRE/AETOSWire)– Halliburton Company (NYSE: HAL) is pleased to announce it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia. The Company held a ground-breaking ceremony on Monday, Feb. 18, at the plant’s PlasChem Park location in Jubail. Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to help customers achieve production and reliability goals in applications from the reservoir to the refinery. “This is a strategic, targeted expansion to accelerate our fast-growing specialty chemicals business. We are excited to house this…