About OCTAL
OCTAL is a company based in Muscat (Oman) founded in 2006 was acquired by Alpek in February 2022. OCTAL offers products and services including PET Resins, Polyester Fibers, PTA, PET Sheet, and Thermoforming Packaging. OCTAL operates in a competitive market with competitors including Newlight Technologies, Tidal Vision, Novomer, Calyxia and Puraffinity, among others.
- Headquarter Muscat, Oman
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Sectors
Chemicals & MaterialsIndustrial Goods & Manufacturing
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Email
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Website
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Social
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- Legal Name Alpek Polyester S.A. De C.V.
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Products & Services of OCTAL
OCTAL offers a comprehensive portfolio of products and services, including PET Resins, Polyester Fibers, PTA, PET Sheet, and Thermoforming Packaging.
Material for packaging and bottles in consumer goods.
Durable options for clothing and automotive fabrics.
Raw material for PET production in industrial applications.
Sustainable sheet for food and beverage containers.
PET-based packaging for retail and consumer products.
People of OCTAL
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Funding Insights of OCTAL
Investors in OCTAL
OCTAL has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include HSBC, Bank Muscat and Standard Chartered.
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Commercial bank
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Commercial banking services are offered in Oman.
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Retail bank
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Investor details for OCTAL
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Investments & Acquisitions by OCTAL
Investment portfolio details for OCTAL
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Financial Statements - OCTAL
Detailed financials for OCTAL
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Octal Comparisons
Peer comparison for OCTAL
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Competitors of OCTAL
OCTAL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Newlight Technologies, Tidal Vision, Novomer, Calyxia and Puraffinity, among others.
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Provider of sustainable material using methane-based greenhouse gases
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Provider of natural biopolymer materials
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Provider of green plastics and polymers
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Green chemicals are developed using microcapsule technology for sustainability.
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Pollutants and PFAS are removed from water using advanced adsorbents.
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Composite materials are produced from unrecyclable municipal solid waste.
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Detailed competitors of OCTAL
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Latest news on Octal
Complete news archive for OCTAL
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Frequently Asked Questions about OCTAL
OCTAL was founded in 2006 and raised its 1st funding round 1 year after it was founded.
OCTAL is headquartered in Muscat, Oman.
OCTAL produces PET sheet resin and supplies rigid packing material. Producing nearly 1 million metric tons of bottle grade PET and DPET sheet per year. The spherical shape of PET resin allows for more even heat absorption and eliminates surface dust formations. It claims to offer innovative products by converting from PVC, polystyrene, and PP to fully-recyclable and economically-efficient DPET solutions. Its product claims to have 25 lower carbon footprint than traditionally produced APET using 65 less energy. In addition, it offers raw materials, packaging materials, spare parts, and other fabrications.
OCTAL's top competitors include Origin Materials, Newlight Technologies and Tidal Vision.
OCTAL offers PET Resins, Polyester Fibers, PTA, PET Sheet, and Thermoforming Packaging.
OCTAL has 8 investors. Key investors include HSBC, Bank Muscat, Standard Chartered, National Bank of Oman, and National Bank of Bahrain.