MARAFIQ joins consortium to develop SAR 1.9B water treatment plant

MARAFIQ teams up with Veolia Middle East and Lamar Arabia for Energy to undertake water treatment project for SATORP

The Power and Water Utility Company for Jubail and Yanbu (MARAFIQ) signed a 30-year concession agreement with Saudi Aramco Total Refining and Petrochemical Co. (SATORP) for the treatment and reuse of industrial wastewater generated by the Amiral Facility.

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The project is valued at SAR 1.88 billion, MARAFIQ said in a statement to Tadawul, adding the Amiral Facility is under construction by SATORP within Jubail II Industrial City.

The agreement will be carried out through a dedicated special purpose vehicle (SPV) company, jointly owned by MARAFIQ (40%), Veolia Middle East (35%), and Lamar Arabia for Energy (25%).

The project will implement advanced water treatment and recovery systems to process complex industrial effluents, with a specific focus on industrial wastewater and spent caustic streams from the Amiral Facility. These recovered resources will be treated for reintegration into the original industrial processes, supporting closed-loop reuse and energy efficiency.

This initiative aligns with MARAFIQ’s long-term strategy to foster sustainable industrial ecosystems through integrated utility and environmental solutions. By utilizing technical expertise in water infrastructure, environmental management, and circular economy design, the partnership aims to reduce the environmental impact of industrial operations while maximizing resource efficiency, the statement added.

Veolia Middle East and Lamar Arabia are related parties, MARAFIQ further noted.