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Unique technology promotes lower carbon footprint

Source:Ringier Release Date:2011-09-26 185

Mr. Nicholas Barakat, CEO of OCTAL

OCTAL, biggest producer of PET sheet worldwide, has now attracted a great deal of attention with its strong growth. The reason for this is market interest for its new DPET? technology. To cope with the increasing demand, another factory will be established next year. The company has also seen to it that the technology minimises carbon footprint.
OCTAL is eyeing bigger markets and investments in additional capacities have been finalised. As Mr. Nicholas Barakat, CEO of OCTAL, put it quite clearly: "At this stage, we are the most advanced producer of PET sheet in the world. To expand our unique technology, we'll invest another € 600 million in the next five years. Thus, our growth is on a winning track." The actual scale of growth of the producer of high-quality PET sheet is reflected in the following figures. From this year to 2012 alone, the global enterprise from Oman will more than double its turnover from €400 million to about €1 billion.
The key factor of this growth is its in-house developed DPET? technology. This unique technology has now attracted a great deal of attention in Asia, the United States (US) and in Europe, too. Mr. Jarek Zasadzinski, CEO of Greiner Packaging UK and one of OCTAL's major customers attested:"With the new technology OCTAL has created a revolution. They have successfully broken new ground."

High-quality PET are ideal for various packaging requirements

Impressive growth figures
On closer examination of the production outputs, this growth becomes even more evident. When the enterprise was founded in 2006, it produced 30,000 tonnes of PET annually. In 2009, with the erection of the new factory, annual production rose to 300,000 tonnes. One year later, thanks to its leading technology and more efficient production methods, the turnout amounted to 350,000 tonnes. Because of the rapidly growing demand for the new DPET? technology OCTAL is planning to build another factory in 2012 to enable the company to increase production to 927,000 tonnes per year. OCTAL's order books are full, and it wants to provide additional capacities to serve the US and Asian markets.

 Reducing carbon footprint
Conventional PET manufacturing, which depends on as many as five reactors and requires separate processes for resin and sheet production, is energy intensive. With the unique DPET? technology patented worldwide, OCTAL has achieved new dimensions in high-quality PET sheet. Compared with conventional PET sheet, significant economies can be reached in terms of resources – as it requires 67% less electricity, 20% less gas, and above all a 25% smaller carbon footprint.
The t e chnology incuba tor f rom Oman is leading the way in the field of environment and this has been confirmed by the renowned US-based "Sustainability Consortium."
When building the process, OCTAL committed to reducing its overall energy use. The company has successfully accomplished that by implementing the latest 2R reactor system to efficiently produce quality PET resin from only two reactors. In doing so OCTAL's resin-making and DPET? manufacturing processes require substantially less energy in comparison to conventional processing. DPET?'s lower carbon footprint is a direct result of OCTAL's patented melt- to-sheet technology. Compared to traditional plants, OCTAL's DPET? sheet uses 67% less grid electricity per kg of sheet.

OCTAL operates state-of-the-art facilities.

Through proprietary software programmes and process control technology, OCTAL maximises roll-to-rJordan Extra Fly

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