Uhde to build 550,000 tonne/year PET plant for Oman's Octal

08 September 2010 15:48  [Source: ICIS news]

LONDON (ICIS)--Uhde Inventa-Fischer has signed a contract with Oman’s Octal Petrochemicals to build a 550,000 tonne/year polyethylene terephthalate (PET) resin plant at Salalah, the Germany-based engineering firm said on Wednesday.

The company said the contract for delivery of two lines to Octal would use its melt-to-resin proprietary technology.

The plant was scheduled to start up in April 2012, a spokeswoman for Uhde Inventa-Fischer said.

No financial details of the contract were disclosed.

Octal said in a recent statement that it currently produces 350,000 tonnes/year of PET products at Salalah.

Already operating at 118% capacity, Octal's PET complex was set to increase its output to 400,000 tonnes/year by October 2010, the company said.

For more on PET visit ICIS chemical intelligence
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By: Hilde Ovrebekk
+44 20 8652 3214

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