Business | Oil & Gas
Octal's new PET plant on schedule
Oman's Octal Petrochemicals has set up the heavy equipment for its new PET resin plant, a key element in establishing Oman's place in the plastic packaging industry.
- Staff Report
- Published: 01:14 February 21, 2008
Dubai: Oman's Octal Petrochemicals has set up the heavy equipment for its new PET resin plant, a key element in establishing Oman's place in the plastic packaging industry.
The Sapphire plant is part of a $300 million integrated PET resin and APET sheet complex in the Salalah Free Zone.
Business Editor's choice
-
‘Wrong Way' Krugman
The source of our economic malfunction lies with government-mandated bank regulations
-
Greek exit could make Eurozone stronger
Departure will show limits of bailouts and allow remaining members to act much more like a unit
-
UAE upholds values of free trade
Recently released statistics confirm an established fact, namely that of the UAE embracing the free trade principle in general and imports in particular
