The Power and Water Utility Company for Jubail and Yanbu (Marafiq) has entered into a landmark 30-year concession agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP) to build and operate an advanced industrial wastewater treatment facility in Jubail II Industrial City, reports Zawya.
Valued at 1.87 billion Saudi riyals (US$500 million), the project will support SATORP’s Amiral petrochemical complex by treating and reusing industrial wastewater generated during operations.
The development will be carried out through a dedicated special purpose vehicle (SPV), jointly owned by Marafiq with a 40% stake, Veolia Middle East with 35%, and Lamar Arabia for Energy holding 25%.
Designed with sustainability at its core, the facility will integrate advanced treatment and recovery systems capable of processing complex industrial effluents, including spent caustic streams. Treated resources will be reintegrated into SATORP’s processes, enabling closed-loop water reuse, reducing environmental impact, and improving energy efficiency.
This collaboration underscores a growing commitment within Saudi Arabia’s industrial sector to adopt sustainable water management practices that align with both economic efficiency and the Kingdom’s broader environmental goals.