Oman- Octal sees growing demand for PET solutions in US


(MENAFN- Muscat Daily) Cincinnati- Octal, the world's largest PET resin and sheet producer on a single site, continues to solidify and grow its customer base in the US thanks to the dependability of its supply chain and the quality of its products, according to company's latest figures.

With over 60 clients within the US, the Salalah-based manufacturer has successfully leveraged its strategic location aside the Port of Salalah.

Capitalising on direct international shipping lanes and supplementing supply with its world-class facilities in Cincinnati in the US, Octal customers enjoy a steady and reliable supply of the company's technologically superior PET solutions, according to a press release.

Octal's CEO Nicholas Barakat said, 'Our unique position in Oman's Port of Salalah puts us at the heart of East-West trading lines that in turn enabled us to circumnavigate the impact of hurricanes Harvey and Irma with minimal interruptions to our supply chain. Our advance action logistics team also gave us the flexibility to reposition cargo in ports not affected by the weather conditions.'

'Furthermore, we source our materials from a wide variety of locations globally and are currently leveraging our plant in Cincinnati, which acts as a bridge to alleviate any possible delays. This dependability has enabled us to sign multiple supply agreements with leading US companies right through December 2020.'

Barakat said Octal will build upon the success of its Cincinnati plant in launching new products and providing seamless supply by increasing its capacity by over 50 per cent in 2018. 'This investment will add not only new capacity but new technologies, which will eventually proliferate into new international markets.'


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