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Rawabi Holding Magazine Issue 31

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‏ Business News<br />

Business News<br />

RAWABI HOLDING<br />

Contracting<br />

& Industrial<br />

Services Division<br />

Management Team Visits Yanbu<br />

Promotion<br />

<strong>Rawabi</strong> <strong>Holding</strong>’s joint<br />

venture with Haytak FZE<br />

Mr. Abdullah AlSayed was<br />

promoted to Deputy General<br />

Manager on October 20, 2012.<br />

<strong>Rawabi</strong> <strong>Holding</strong> and Haytak FZE, Dubai<br />

UAE, have signed a joint venture (JV)<br />

agreement to set up a manufacturing<br />

facility for starch and starch derivatives<br />

in Dammam, Saudi Arabia.<br />

With over 30 years of accumulated knowhow<br />

in extrusion manufacturing and<br />

product development gained in Germany<br />

and the US, Haytak FZE established<br />

the first and largest drilling starch<br />

manufacturing facility in 2003 in the<br />

Middle East, specifically for supplying to<br />

the Oil and Gas Industry.<br />

Traditional starch modification<br />

processes have been replaced with<br />

modern computerized extrusion<br />

technologies resulting in high quality<br />

products, allowing for greater flexibility,<br />

consistency and variety. The proprietary<br />

system is designed to be able to adapt<br />

to all types of starches and product<br />

requirements, as per customer need.<br />

The plant will be operational early 2013<br />

and will be supplying the Saudi and<br />

regional markets.<br />

The JV has resulted from a successful<br />

relationship over the past four years,<br />

where they have been supplying Saudi<br />

Aramco with drilling starch.<br />

<strong>Rawabi</strong> Specialized<br />

Contracting<br />

New Projects<br />

• RSC has been awarded by Nesma<br />

& Partners a value of SR 5.4M.<br />

Project Title: Epoxy Coating<br />

Work for King Abdulaziz Finance<br />

District.<br />

• RSC has been awarded by Marafiq,<br />

Yanbu a project with the value<br />

of SR 28.2M. Project Title:<br />

Concrete Corrosion Repair and<br />

Rehabilitation Works. The scope<br />

of work: Three years (3) Contract<br />

for Concrete Corrosion Repair and<br />

Rehabilitation.<br />

Our GP & CEO Mr. Osman A. Ibrahim<br />

together with Mr. Hassan Ramady – VP<br />

for Contracting and Industrial Services<br />

and Mr. Abdullah AlSayed – <strong>Rawabi</strong><br />

Specialized Contracting (RSC) Deputy<br />

General Manager paid visit to Yanbu last<br />

December 14-15, 2012. They exemplified<br />

the company’s slogan “Powered by<br />

People” as they engaged in dialogue with<br />

RSC employees .<br />

The Yanbu team gathered in the Movenpick<br />

Hotel, where Mr. Osman Ibrahim strongly<br />

expressed that <strong>Rawabi</strong> <strong>Holding</strong> will fully<br />

support the Yanbu Team in developing<br />

business in Yanbu Area. HSE Officer –<br />

Mr. Crisologo Bibat presented measures<br />

on improving safety procedures. Budget<br />

presentations for 2013 were done<br />

successively by Engr. Mohammad Abdul<br />

Quadeer – Saudi Aramco Mobile Refinery<br />

(SAMREF), followed by Engr. Mustafa<br />

Kolothumthodika – Aramco and Engr.<br />

Khaled Khan for MARAFIQ.<br />

The management team later visited the<br />

RSC employee camp and recognized the<br />

“Employee of the Month” Abdul Basheer<br />

Kuyilan and Marlon Britanico for their<br />

exemplary safety awareness. They later<br />

visited the president and CEO of Samref<br />

Mr. Suleman AlBargan.<br />

Congratulations<br />

Congratulations to Mr. Ibrahim<br />

Ghannam, Project/Planning<br />

Engineer in RSC for successfully<br />

completing the requirements of<br />

Project Management Professional<br />

and PMP Exam Preparation<br />

(CERTCC02) from 4-15 November<br />

2012 at the CHANGE Consulting<br />

& Training Center, Jordan.<br />

Photos: <strong>Rawabi</strong> <strong>Holding</strong> Group President & CEO Osman Ibrahim with Peter Mekailian, Haytak FZE<br />

Vice President - Sales<br />

• RSC has been awarded by King<br />

Abdulaziz Port Authority at<br />

Dammam a project with the value<br />

of SR8.9M. Project Title:<br />

Rehabilitation and Re-installing of<br />

3 Gates at Dammam Port.<br />

• RSC has been awarded by National<br />

Guard Health Affairs – a Government<br />

awarded project having a value of<br />

SR 349,000. Project Title:<br />

Water Proofing Works for Raw and<br />

Portable Water Reservoir.<br />

Top photo: Group President and CEO, Osman<br />

Ibrahim with Yanbu Projects Team presenting<br />

the Budget and Project Plan for 2013<br />

Photos to the left: <strong>Rawabi</strong> <strong>Holding</strong> Group<br />

President and CEO Osman Ibrahim, Group<br />

Vice President Hassan Ramady and RSC<br />

Deputy General Manager Abdullah AlSayed<br />

in an open discussion with employees from<br />

RSC Camp<br />

14 <strong>Rawabi</strong> News <strong>Issue</strong> <strong>31</strong> Oct-Dec 2012<br />

<strong>Rawabi</strong> News <strong>Issue</strong> <strong>31</strong> Oct-Dec 2012<br />

15

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