AHG Group Companies, leading local Industrial Gas company of the Kingdom of Saudi Arabia with over 70 years sustainable operational and supplies track records, is pleased to announce a landmark $20 million investment in a new industrial gas production facility in Dammam. This strategic investment aims to catalyze AHG’s expansion in the local and regional markets, increase its major industrial gas productions, and boost up Group’s supply chain infrastructure.

“This investment reflects our long-term commitment in meeting the growing demand for the industrial gases across the Kingdom of Saudi Arabia and neighboring countries. The project, among other new investment in our pipeline, enables us to strengthen our supply reliability, support our customers’ growth, and contribute towards the Kingdom’s industrial development goals. We are excited with this investment and are keen to play our role in supporting the industrial gases requirements of the international and local investors in the Kingdom with a cost competitive and high reliability products and services,” said Khalid Abdullah Hashim CEO of the AHG Group Companies. “This project, followed by our future investments in various industrial gases production facilities demonstrates our commitment to the industrial and manufacturing transformation taking place under the Kingdom’s Vision 2030.”

According to the statement made by “Hamid Sabzikari”, Chief Operating Officer of the AHG Group, “the decision to invest in a new Industrial Gas Production plant in Dammam came upon in-depth evaluation of our current supply commitments and future growth outlook. The investment has been kicked-off in May 25 and will be executed by our inhouse engineering & project execution teams within twenty months utilizing state-of-art technological partners. This Project is one of our investment initiatives in the Eastern Region under the Group’s Strategic Development Plan which includes various investments in the production of major Industrial Gases facilities to correlate with the local and regional growth requirements.”

AHG Group is one of the leading industrial gas manufacturers and suppliers in the Kingdom of Saudi Arabia funded in 1940 initially through investing in metalworking in the Kingdom. With the official establishment of the Group in 1954, the Group shifted its focus from metalworking to becoming the safest and most reliable supplier of gases, gas related equipment, and gas services in the Kingdom. Though 71 years of its operation, the Group continued to expand its roots through adding welding and refrigerant divisions providing various welding equipment and supplies together with high end refrigerant gases to the Saudi and GCC market. In pursuit of Group’s vision, since 2007, AHG developed multiple partnerships with Air Products in the KSA, Oman and UAE followed by the acquisition of the Air Liquide's industrial merchant gases businesses in the KSA in 2022.