Baker Hughes to Provide Downstream Chemicals for Marathon Petroleum Refineries, Becoming Preferred Provider Across North America

Core Insights - Baker Hughes has entered into a multiyear preferred provider agreement with Marathon Petroleum, the largest U.S. petroleum refiner, to supply hydrocarbon treatment products and services at refineries across the United States [1][2]. Group 1: Agreement Details - The agreement includes the provision of Baker Hughes' downstream chemical technologies, such as XERIC™ heavy oil demulsifiers, TOPGUARD™ corrosion inhibitors, BIOQUEST™ renewable additives, and digital monitoring tools [2]. - These technologies will be implemented at 12 oil refineries and 2 renewable fuel facilities in the United States, aimed at enhancing operational reliability and environmental compliance while minimizing nonproductive time [2][5]. Group 2: Company Positioning - Baker Hughes is recognized as a leader in downstream chemicals, with over three decades of collaboration with Marathon Petroleum, highlighting the company's innovation, commitment, and expertise in the sector [3]. - The company emphasizes the importance of flexibility, efficiency, reliability, and sustainability in meeting the energy demands of modern industry [3]. Group 3: Company Overview - Baker Hughes is an energy technology company that provides solutions to energy and industrial customers globally, leveraging a century of experience and operating in over 120 countries [4]. - The company's innovative technologies and services aim to advance energy in a safer, cleaner, and more efficient manner for both people and the planet [4].