Commissioning of two of the world’s largest vertical reactors
marks a milestone for the company.
OCTAL(www.octal.com) has tripled its annual
production capacity of polyethylene terephthalate (PET) resin this month with
the commissioning of two of the world's largest vertical reactors at the
company's leading-edge PET complex in Salalah, Sultanate of Oman. With a total
system output of over 1 million metric tons of PET bottle grade resin, OCTAL
has firmly secured its stature in the industry as the world’s largest single
site PET producer.
"This milestone is a watershed for us. It signifies that
OCTAL is committed to the PET resin industry downstream and has the financial
means and the organization to execute on this kind of growth," says
William J. Barenberg Jr. "This large addition of capacity gives us a
stronger competitive advantage to serve the growing global demand for high
performing PET resin and sheet."
The company is now halfway through its investment plan with
additional capacity scheduled for 2015 and 2016. When complete, the site will
manufacture a total of 2.5 million tons per year both PET resin and its primary
raw material, PTA.
Through the application of pioneering technology, OCTAL has set
the global benchmark not only in superior product quality and sustainability,
but also in productivity and cost efficiency.
OCTAL triples annual PET resin production capacity
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