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World News and Views :: Top of the News
Octal Completes Major PET Expansion; PTA Unit Planned
8:13 AM MDT | September 10, 2012 | Natasha Alperowicz
Octal (Masqat, Oman), a global leader in the packaging industry, has tripled its polyethylene terephthalate (PET) bottle resin capacity at the á¹¢alÄlah, Oman, complex. Total capacity has reached 1 million m.t./year of PET resin, making the site the world’s largest such facility at a single location. The investment gives Octal a strong, competitive advantage in serving growing PET demand in “emerging and transitional economies,” says chairman Sheikh Saad Suhail Bahwan. “We are building for the future and are...
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