Emerson signed a memorandum of understanding with Saudi energy giant Aramco at the IKTVA 2022 Forum & Exhibition, the firm said on Thursday.
The agreement focuses on developing Emerson and Aramco’s partnership in advancing localisation efforts in Saudi Arabia.
“We are grateful for the continued partnership with Saudi Aramco in supporting critical national initiatives such as the In-Kingdom Total Value Add Program and Saudi Vision 2030. Over the years, Emerson has made significant investments in our local manufacturing and service footprint across the kingdom, which is a testament to our commitment to our customers. We continue to explore collaboration opportunities that can further our contribution towards the development of this region,” Vidya Ramnath, Emerson’s Middle East and Africa president said in a statement.
“Emerson’s relationship with Saudi Aramco has evolved from a supplier to a collaborative stakeholder that supports the development of local manufacturing from a capability, supply chain and talent perspective. As our manufacturing capabilities in Saudi Arabia have matured, we have built strong relationships with a robust in-kingdom supply chain ecosystem, and a particular focus on local small and medium enterprises. This agreement underlines our longstanding partnership grounded in our shared vision and goals for the local business and industrial landscape,” Liam Hurley, vice president and general manager of Emerson’s Automation Solutions business in Saudi Arabia and Bahrain commented.
Emerson currently runs manufacturing facilities in Jubail, Dammam and the Dhahran Techno Valley.
