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Article: OCTAL Petrochemicals substitutes.
- Article from:
- Mena Report
- Article date:
- June 11, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Summary: After just five months of operations at its new manufacturing facility in the Salalah Free Zone, emerging global packaging leader OCTAL Petrochemicals has substituted 90 per cent of PET resin imports into Oman, valued at nearly US$42 million a year.
After just five months of operations at its new manufacturing facility in the Salalah Free Zone, emerging global packaging leader OCTAL Petrochemicals has substituted 90 per cent of PET resin imports into Oman, valued at nearly US$42 million a year.
OCTAL Chairman Sheikh Saad Suhail Bahwan said: "Omani companies can now buy from a world-class Omani supplier, reducing expenditure on expensive overseas ...