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Further PET expansion in Oman

With its integrated PET polymer and APET sheet plant well underway in Oman, Octal Holding is now planning a 500,000 tonnes PET plant targeting the soft drink and bottled water markets in Europe, the USA and the Middle East.

Ultimately its 800,000 tonnes capacity at Salalah in south east Oman will make it the largest polyester manufacturer in the Middle East and one of the biggest outside China on one site.

Initial investment at the site is $300 million and by the completion date in May 2010 the company will have spent $1 billion.

Export sales are predicted to reach $500 million by the end of this year, and on completion of the project will be an annual $1,1 billion.

More detail

More contact details on website Contact OCTAL Customer Support