Jacam Specialty Chemicals Co Ltd. (JSC)

SAUDI ARABIA-SAUDI CHEM

FOUNDER: DR. NADER M. OBEID

SUCCESS STORY conceptualized and masterfully directed

By Dr. Nader M. Obeid

Dr. Nader M. Obeid’s long strategic vision is to invest in Jacam Chemicals LLC USA on short term with very high yield profit. He suggested to build new Jacam USA specialty chemical complex for oil & gas industry after he made successful joint ventures in Saudi Arabia, with Jacam – USA as a partner for the transfer of technology and building the two (2) chemical factories in Saudi Arabia with total investment of 75 MILLION SAR and during the construction of the manufacturing Plants in Saudi Arabia.

Dr. Nader M. Obeid authorized as Jacam Chemicals LLC Vice President for Overseas Operations – Middle East and North Africa, made 42 Million USD sales with Saudi Aramco for Jacam USA which was located in a small village in the Midwest at Sterling, Kansas, USA then. After the huge volume of sales which increased the market face value of the company along with the completion of building the specialty chemical complex for oil & gas industry in the USA, the big international US oil well services companies started offering to acquire Jacam USA at a high price but the Canadian energy company called Canadian Energy Services & Technology Corporation, won the deal, among other USA competitors, by putting USD 240 Million.

See below the events and progression of each project:

A) Saudi Arabia Investments

1- Saudi Chem Dammam-Main Factory

2- Saudi Chem branch at Jubail Industrial Area, KSA formerly called Jacam Specialty Chemicals

B) United States of America Investments

1-Jacam chemical LLC- New manufacturing chemicals complex

NADER M. OBEID JOINT VENTURES WITH JACAM CHEMICALS LLC USA

1^st JOINT VENTURE –SAUDI ARABIA

SAUDI ARABIA – DAMMAM MAIN FACTORY

SAUDI CHEM JUBAIL

formerly called JSC-Jacam Specialty Chemicals KSA

Saudi Arabia – Jubail Branch Support Factory

DR NADER, GENE AND LARRY GROUND BREAKING IN JUBAIL

Equipment general specifications:

Eight (8) STORAGE TANKS – capacity 82,000 liters each
Three (3) REACTORS – capacity 22,000 liters each
Two (2) HIGH ACID MIXERS/BLENDERS –capacity 22,000 liters each

Infrastructures:

Administration Building
Research and Development Building
Laboratory
Two (2) warehouses

SAUDI CHEM JUBAIL PRESENTATION

In today’s valuation would amount to investments of USD 75 Million

2^nd JOINT VENTURE USA

Building of a new chemical complex factory and warehouses under Jacam Chemicals LLC on 85 acres of land and made the initial investment of this venture worth USD 5 Million

NADER M OBEID SHARES CERTIFICATE

JACAM USA–GENE ZAID GROUND BREAKING PICTURE IN KANSAS USA

JACAM USA GENERAL SITE LOCATION

JACAM USA PRODUCTION PLANT

Jacam Chemicals LLC USA has been awarded USD 42 Million sales during its venture in Saudi Arabia with Saudi Aramco through JSC KSA.

This tremendous sales of a small size company Jacam Chemicals LLC and big ventures in Saudi Arabia coupled with the funding from Dr. Nader M. Obeid’s investments for the establishment of a new and larger chemical manufacturing complexes in the USA gave the motivation for the big multinational oil well service companies to offer and bid in higher market value in order to acquire Jacam Chemicals LLC USA. Dr. Nader M. Obeid put Jacam Chemicals LLC on the map from being a small company in the Midwest in a small town of Sterling in the State of Kansas. The Canadian Energy Services & Technology Corporation won the deal with the highest take out bid payment at USD 240Million in cash and stocks option.

1) The Beginning:

JACAM SPECIALTY CHEMICAL CO LTD. (JSC) SAUDI ARABIA

Several years ago in 2004 Dr. Nader M. Obeid founder of Jacam Specialty Chemicals (JSC), conceived the idea of establishing a specialty chemicals factory in Saudi Arabia through his extensive knowledge of the kingdom’s business environment and the lack of local Saudi chemicals factory that will support Saudi Aramco’s requirement for specialty chemicals.

After years of planning and research, it was founded and established under the name of Jacam Specialty Chemicals (JSC) in joint venture with Jacam Chemicals LLC USA in the year 2007 by Dr Nader M. Obeid.

Jacam Specialty Chemicals completed construction of its unique one of a kind chemical plant in the year 2007 in Saudi Arabia.

JACAM SPECIALTY CHEMICAL CO LTD. (JSC) SAUDI ARABIA CONSTRUCTION PICTURES:

He endeavored to source out the best chemicals and produces them in the most economical way. He found a partner START –UP chemical company in the United States and teamed up to make the joint venture and started the construction of Jacam Specialty Chemicals Factory locally in Saudi Arabia and at the same time invested also in the USA for a subsidiary chemicals factory , acquiring shares in it.

SHARES CERTIFICATE NADER M. OBEID

2) INNOVATIVE STIMULATION CHEMICALS

In 2005 Saudi Aramco requested from JSC to start a program to retrieve dead oil wells on the off shore sandstone formation oil wells. Jacam Specialty Chemicals develop new chemicals that were tested in 23 oil wells in Saudi Arabia between the year 2005 to 2007 by Saudi Aramco’s Research and Development Center. After the study and getting the BEFORE AND AFTER TREATMENT data, Saudi Aramco concluded and approved JSC innovative chemicals to be used in dead and low productivity oil wells.

Jacam Specialty Chemicals supplied Saudi Aramco with advance formulation of specialty chemicals and also teamed up with Saudi Aramco in developing INNOVATIVE STIMULATION CHEMICALS FOR TREATING AND INCREASING PRODUCTION OF OIL WELLS AND REVIVING DEAD WELLS in:

SANDSTONE FORMATION WELLS
CARBONATE FORMATION WELLS.

Break through results were achieved by using JSC innovative chemicals in treating and retrieving dead oil wells and increasing oil well productivity.

They resulted in increased productivity to the highest levels ever achieved.

Saudi Aramco Research and Development Center tested the INNOVATIVE JACAM STIMULATION CHEMICALS in TWENTY THREE (23) OIL WELLS and the results as shown below by the CHARTS & GRAPHS:

BEFORE AND AFTER TREATMENT:

3) INVENTOR DR. NADER M. OBEID: US PATENT FILING IN 2010

On the conclusion of this field tests, the US PATENT was filed in 2010 in the USA.

INVENTOR DR. NADER M. OBEID: US PATENT FILING IN 2010 and made the agreement with Saudi Aramco that Jacam Specialty Chemicals will do the marketing and give Saudi Aramco a priority customer with a discount of 10% if they require the INNOVATIVE CHEMICALS.

JUSTIFICATION AND US PATENT FILING 2010

PATENTS BY INVENTOR: DR. NADER M. OBEID

SAUDI CHEM FLYER

These achievements have led to a large service company to start discussion to acquire Jacam Chemicals LLC USA as a high value chemical company at a huge price.

4) FINANCING AND INVESTING IN JACAM CHEMICALS USA

In 2006, Dr. Nader M. Obeid, founder of Jacam Specialty Chemicals (JSC) factory in Saudi Arabia, the only one of its kind in the GCC region decided to invest and finance Jacam Chemical LLC USA of 5 MILLION USD which was a very small start-up chemical company at that time with a cash flow of just USD8, 522.00 and declared assets which included 24 mixed breed cows.

Financed and bought the following for Jacam Manufacturing LLC USA

1- Land with an area of 85 hectares
2- Building of the production facilities
3- Purchasing the equipment
4- Warehouses construction

This investment turned into the highest take out bid payment of 240 MILLION USD. A huge profit to Jacam Chemicals LLC USA by selling it to the Canadian Energy Services and Technology Corporation in 2013 since they are coming to Saudi Arabia and joining Dr. Nader M. Obeid with a cash flow of just USD8, 522.00 and declared assets which included 24 mixed breed cows.

5) CANADIAN ENERGY SERVICES & TECHNOLOGY CORPORATION ACQUIRE JACAM CHEMICALS LLC FOR USD 240 MILLION

This strong set up that was structured, organized and planned by Dr Nader Obeid led to one of the largest Canadian company in the field of energy called Canadian Energy Services & Technology Corporation to acquire Jacam Chemicals LLC for USD 240 Million.

WEBSITE ANNOUNCEMENT

This very successful story was made possible by Dr Nader M. Obeid to a very small family owned chemical company that started from a car garage in the USA.

Canadian Energy Services & Technology Corporation in 2013 finally acquired Jacam Chemicals USA through cash and stocks options amounting to USD 240 Million.

6) JACAM SPECIALTY CHEMICALS (JSC) TO SAUDI CHEM

In 2007, Dr. Nader M. Obeid after signing the agreements with Saudi Aramco decided to change the name of Jacam Specialty Chemicals into SAUDI CHEM

7) DR.NADER M. OBEID ACQUIRES SAUDI CHEM

In 2015 SAUDI CHEM COMPANY was acquired by Dr. Nader M. Obeid 100% ownership and made as a branch of his Oilfield services and logistics support company OIL & GAS JOINT OPERATION CENTER.