Wednesday 24 April 2024
 
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Octal sees massive interest in Europe

Oman-based Octal Petrochemicals is targeting $500 million in sales in Europe and further international expansion. Octal is making a massive statement in the downstream plastics industry, a development which is a great advertisement fo

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Octal to expand PET resin capacity

Oman-based Octal Petrochemicals will add 500,000 metric tonnes of production capacity in PET resins by May 2010. This will make the company one of the world’s largest polyester producers with 800,000 metric tons of annual capacity, said a

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Octal targets $200m sales in Europe

Oman-based Octal Petrochemicals is aiming for sales of $200 million to Europe this year as it prepares to attend the world’s largest event for the packaging industry in April. A subsidiary of Octal Holding and Co. SAOC, Octal now earns mo

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Octal targets $10m sales from India, China

In a bid to tap the growing plastic packaging demand in Asia, Oman-based Octal Petrochemicals, a subsidiary of Octal Holding has started exports to India and China. The company has sent its first shipments to the two countries recently and

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Oman's Octal wins financing

Oman-based Octal Petrochemicals has completed the initial phase of financing for its groundbreaking plastic packaging venture in Salalah Free Zone. Octal chairman Sheikh Saad Suhail Bahwan and BankMuscat chief executive, AbdulRazak Ali Iss

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Oman’s Octal targets 20pc of global market share

Oman-based Octal Holding is aiming to take a fifth of the world market for amorphous polyethylene terephthalate (APET). APET is an increasingly popular form of plastic packaging material and worldwide sales of APET were approximately $2.25

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