Octal to start up recycling plant in the US

PET resin and integrated PET sheet manufacturing supplier Octal will commence commercial operations in the US in the later half of 2014 with a new extrusion facility in Cincinnati focused primarily on recycling PET sheet flake from its customers and other manufacturers. Its product line will include products with both post-industrial and post-consumer flake content.

“Octal ships significant volumes of its world leading DPET sheet to North America. Keeping the DPET flake stream pure for reprocessing into an ultra high quality domestically available product is the natural next step in developing the our business here.” stated William J. Barenberg, Jr COO, OCTAL. “And the Cincinnati site will give us this capability along with the flexibility to supply post-consumer content options as well.”

According to Barenberg, the Cincinnati plant site was selected based on a rigorous “Site Screening Study” that determined this location to be optimal based on its centralised location in relation to the raw material inflows and customer destinations.

The new plant will provide an additional manufacturing base for Octal products and a platform for developing the next packaging technologies thermoformers and food processors and retailers are demanding. The plant is sized for future capacity enhancement as well, and Octal expects to double its output 18 months after start up.

Established in 2006 to meet the accelerating demand for PET sheet and PET resin, Octal has emerged as the largest PET resin manufacturer in the Middle East and the largest integrated PET sheet manufacturer in the world. It is located in the port city of Salalah on the southern coast of the Sultanate of Oman and has a capacity of 1 million tonnes/year of PET resin and PET sheet.

(PRA)

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