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Salem Balhamer Holding Group Factories Participates in SABIC 2025
Factories of Salem Balhamer Holding Group, AL-JUBAIL HIT for Steel Fabrication & Galvanizing Factory, Fabco Plastic Factory Co., Ltd., and Salem Balhamer Plastic Factory, demonstrated a prominent presence at SABIC 2025. The exhibition, convened in Jubail Industrial City from Sunday, January 26th to Thursday, January 30th, 2025, under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al-Saud, Prince of the Eastern Region, garnered significant attendance, exceeding 121,000 visitors, and active participation from leading international and local enterprises.Within their joint exhibition suite, the Group's factories showcased their most recent technological innovations and product offerings in the domains of steel fabrications and galvanizing, pipe manufacturing, and plastic products, catering to the contracting, construction, and infrastructure sectors. SABIC stands as a preeminent industry event within the petrochemical sector, convening industry experts and business leaders to engage in discussions on critical technical issues and challenges, exchange best practices and experiences, and foster collaborative public-private partnerships
During the visit, the delegation received a comprehensive briefing on the latest advancements in the factory's production processes. Both parties engaged in discussions concerning avenues for enhanced cooperation and partnership between the Saudi Export and Import Bank and the factories of Balhamer Holding Group. Furthermore, the meeting explored potential new financing opportunities aimed at facilitating product development and supporting the Group's capacity for expansion within both domestic and international markets.
This visit represents a significant step towards the consolidation of collaboration between the banking and industrial sectors, thereby contributing to innovation, sustainable growth, and the strengthening of the national economy in accordance with the objectives of Saudi Vision 2030.
Within its industrial and trading sectors, the Group actively pursues the establishment of strategic partnerships with leading international corporations to facilitate the transfer of state-of-the-art technologies and to drive the evolution and modernization of its product and service portfolio. Emphasis is placed on the oil and gas sector, with ongoing development of the products and services offered by the Al-Jubail Hit Steel and Galvanizing factory to effectively meet the specific requirements of this significant industry. Recognizing the fundamental importance of human capital, the Group is dedicated to the training and employment of the national workforce, with the objective of enhancing their competencies and optimizing their operational effectiveness. Numerous initiatives and training programs have been implemented to qualify and further develop the skills of Saudi youth.
In 2024, the sector actively participated in prominent local and international exhibitions, including SABIC, IKTVA, and The Big 5 in Riyadh and Dubai. The objectives of this engagement were to gain insights into the latest industry advancements, engage with existing and prospective clients and partners, showcase distinguished products and services, and finalize strategic agreements and collaborations.The accomplishments of the industrial and trading sector within Salem Balhamer Holding Group in 2024 underscore its significant contribution to the Group's overall growth and development, reinforcing its market position and leadership within the industry and trade sectors. Moreover, these achievements support the advancement of national industry and contribute to the sustainability and diversification of Saudi Arabia's economy, aligning with the KSA Vision 2030.
Mohammed Salem Balhamer
VP Sector of Industrial and Trading, Member of the Executive Committee