Honeywell emphasizes expanded commitment to Saudi Arabia
28 Mar 2018
RIYADH — Honeywell President and CEO Darius Adamczyk emphasized Honeywell’s expanding commitment to the Kingdom of Saudi Arabia at the Saudi-U.S. CEO Forum, held under the patronage of the Crown Prince Muhammed Bin Salman in New York City Tuesday.
During the conference, Adamczyk signed cooperative agreements with Saudi Aramco and Advanced Electronics Company (AEC).
“Honeywell has a proud history in Saudi Arabia, and our ongoing commitment to our partners in the Kingdom is key to our success in the region,” said Adamczyk. “From delivering the latest technologies to Saudi Arabia’s industries, to providing distinct training and professional development opportunities for the local workforce, Honeywell is firmly committed to Saudi Vision 2030 and the national economic diversification goals. Today’s event offers a platform to further enhance this partnership and represents a significant milestone toward further connecting our people and goals for mutual benefit.”
The agreements signed during the Saudi-US CEO Forum relate to a range of Honeywell’s connected technologies and capabilities, designed to accelerate industrial growth and economic diversification. The agreement with Saudi Aramco includes a plan for Honeywell to provide advanced industrial automation systems, including Honeywell Connected Plant, to several Saudi Aramco sites. The Memorandum of Understanding between Honeywell and AEC grows their existing cooperation in the aerospace and defense sectors. The framework will enable the companies to explore localization opportunities for a range of Honeywell technologies and services.
Honeywell has been operating in Saudi Arabia for more than 50 years. Headquartered in Riyadh, the company has offices across the Kingdom that supplies cutting-edge technology to key industries. — SG