OCTAL

Muscat, Oman Founded: 2006 • Age: 20 yrs Acquired By Alpek
Producer of PET sheet and resin on a single site
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Chemicals & Materials
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Alpek Polyester S.A. De C.V.
Operational Areas
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Packaging & Supply Chain Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $625 M (USD), Debt – Conventional

    Jul 16, 2019

  • Investors
    HSBC

    & 7 more

  • Employee Count
    Not available
  • Acquired by
    Alpek

    & 1 more

    (Feb 01, 2022)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of OCTAL

OCTAL offers a comprehensive portfolio of products and services, including PET Resins, Polyester Fibers, PTA, PET Sheet, and Thermoforming Packaging.

Product name locked
Category locked
Primary

Material for packaging and bottles in consumer goods.

Product name locked
Category locked
Locked

Durable options for clothing and automotive fabrics.

Product name locked
Category locked
Locked

Raw material for PET production in industrial applications.

Product name locked
Category locked
Locked

Sustainable sheet for food and beverage containers.

Product name locked
Category locked
Locked

PET-based packaging for retail and consumer products.

People of OCTAL

Headcount 500-1000
Employee Profiles 48
Employee Profiles
People
Muhammed Qasim
Head Of Logistics Operations
People
Ahmed Ageib
Health Safety Environment Engineer
People
Danilo F. Banigan
Warehouse Assist/forklift Optr.
People
Dins Peter
Senior Logistics Manager

Unlock access to complete

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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial bank
Locked Locked Locked
Commercial banking services are offered in Oman.
Locked Locked Locked
Retail bank
Locked Locked Locked
Premium access

Investor details for OCTAL

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by OCTAL

Investments
Premium access

Investment portfolio details for OCTAL

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - OCTAL

Premium access

Detailed financials for OCTAL

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Octal Comparisons

OCTAL Primary company
Description
Producer of PET sheet and resin on a single site
Location
Muscat, Oman
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for OCTAL

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of sustainable material using methane-based greenhouse gases
Locked Locked Locked
Provider of natural biopolymer materials
Locked Locked Locked
Provider of green plastics and polymers
Locked Locked Locked
Green chemicals are developed using microcapsule technology for sustainability.
Locked Locked Locked
Pollutants and PFAS are removed from water using advanced adsorbents.
Locked Locked Locked
Composite materials are produced from unrecyclable municipal solid waste.
Premium access

Detailed competitors of OCTAL

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Octal

Premium access

Complete news archive for OCTAL

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available