| Business function | OCTAL | Muscat, Oman
Growth of OCTAL attracts great attention from Industry
OCTAL, biggest producer of PET sheet worldwide, has now attracted a great deal of attention with its strong growth. The entire turnover, for instance, is to be more than doubled from this year to 2012. The reason for this is the new DPETTM technology that has been developed by the enterprise itself.…
| Business function | OCTAL Petrochemicals LLC FZC | Muscat, Sultanate of Oman
OCTAL secures US$296 million for next phase of expansion
Global PET packaging leader OCTAL is on track to complete the second phase of its operational expansion this year following a new round of funding from six Middle Eastern banks.The privately owned, Oman-based manufacturer opened a 400,000 metric ton (m/t) PET resins and sheet packaging facility in…
| PET materials | Uhde Inventa-Fischer | Berlin, Germany
MTR® - a new plant for OCTAL
CTAL Petrochemicals recently signed a contract with Uhde Inventa-Fischer to build a 550,000 tpy plant for the production of PET resin. The contract for delivery of two lines unique to OCTAL will use the state-of-the-art of Melt-to-Resin MTR® technology proprietary to Uhde Inventa-Fischer.The…
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