# Dussur, Saudi Aramco and Hyundai Heavy Industries form marine engine joint venture

Dussur, Saudi Aramco and Hyundai Heavy Industries signed a joint venture to manufacture 2-stroke and 4-stroke marine engines, electric power plant engines and marine pumps at Ras AlKhair in Saudi Arabia's Eastern Province. The venture is expected to create over 720 jobs.

- Type: Acquisition
- Announced: 2019-07-09
- Where: Ras AlKhair, Eastern Province, Saudi Arabia
- Jobs: 720
- Status: announced
- Products: marine engines, electric power plant engines, marine pumps, cargo oil pumps
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Saudi Aramco](https://endata.com/companies/304.md) (partner)
- [Hyundai Heavy Industries](https://endata.com/companies/1382.md) (partner)
- [Dussur](https://endata.com/companies/5271.md) (partner)

## Sources

- [dussur.com](https://dussur.com/dussur-saudi-aramco-and-hyundai-heavy-industries-launch-marine-engine-manufacturing-and-supply-joint-venture/), 2019-07-09: "The Saudi Arabian Industrial Investments Company (Dussur), Saudi Aramco, and Hyundai Heavy Industries (HHI) have signed a joint venture to manufacture 2-stroke and 4-stroke marine and Electric Power Plants (EPP) engines, as well as marine pumps."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.