By Matt Scotland
Oman-based Octal Petrochemicals has commenced operations at its second PET plant in the southeast port city of Salalah, the company recently revealed.
Oman-based Octal Petrochemicals has commenced operations at its second PET plant in the southeast port city of Salalah, the company recently revealed. The new facility has a capacity of 300000 metric tonnes per annum, making it the largest PET resin plant of its type in the Middle East and the largest clear rigid PET sheet plant in the world.
“The new plant marks the company’s emergence as a global player in PET resin and clear rigid sheet packaging. Our investment delivers dramatically enhanced scale, breakthrough technology, and crucial cost and quality advantages at a time when customers need them most.” said Sheikh Saad Suhail Bahwan, chairman, Octal.
The initial cost for the construction of the plant was in the region of US$350 million, complementing an existing PET sheet plant opened in 2006. A second phase of expansion will be completed in early 2011, increasing capacity in PET resin by another 500,000 metric tons. At this stage, Octal will be the largest PET resin company on one site outside China.