Monday, February 16, 2009

Octal plans capacity expansion to become market leader

In a bid to gain market dominance, leading PET packaging maker from Oman-Octal, plans to expand capacity at its plant in Salalah, take advantage of low priced raw materials. Octal, which is owned by aa group of US and Omani investors, started production last month on a US$350 mln (Dh1.

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