Octal Petrochemicals FZC LLC
Nicholas P. Barakat
Managing Director
www.octal.com
nbarakat@octal.com
Company Profile
Oman-based OCTAL has emerged as the largest PET sheet producer and integrated packaging company in the world. Operating from the Salalah Free Zone, the company has successfully harnessed its strategic location with access to East-West shipping lanes and favorable trading regulations coupled with its unique-to-the-world manufacturing capabilities to meet the breadth and depth of customer demand.
Manufacturing PET resin and the first and only direct-to-sheet polyester sheet in the world, DPET™, the company’s state-of-the-art plant was purposely designed and built to yield superior quality products with waste and cost reduction benefits, increased productivity for thermoformers and unmatched environmental advantages.
OCTAL's expansion to its existing facilities has added 600,000 tons per annum of PET bottle grade resin to the company’s current production capacity to reach 1 million tons per annum, making it the largest in the world on one site.
Delegate Profile
Nicholas P. Barakat has been serving as the Chief Executive Officer of OCTAL since inception of the business in 2005. Nicholas has extensive experience in investment and project development and he brings a long and successful track record in leadership, marketing strategies and packaging materials to OCTAL.
He has worked for over 20 years as a senior executive at International Paper Company with responsibilities in management, marketing and finance. Nicholas is a graduate of the American University of Beirut and holds an MBA from New York University. He is a CPA and a member of the American Association of Chemical Engineers and the Society of Plastic Engineers.
Nicholas P. Barakat
Managing Director
www.octal.com
nbarakat@octal.com
Company Profile
Oman-based OCTAL has emerged as the largest PET sheet producer and integrated packaging company in the world. Operating from the Salalah Free Zone, the company has successfully harnessed its strategic location with access to East-West shipping lanes and favorable trading regulations coupled with its unique-to-the-world manufacturing capabilities to meet the breadth and depth of customer demand.
Manufacturing PET resin and the first and only direct-to-sheet polyester sheet in the world, DPET™, the company’s state-of-the-art plant was purposely designed and built to yield superior quality products with waste and cost reduction benefits, increased productivity for thermoformers and unmatched environmental advantages.
OCTAL's expansion to its existing facilities has added 600,000 tons per annum of PET bottle grade resin to the company’s current production capacity to reach 1 million tons per annum, making it the largest in the world on one site.
Delegate Profile
Nicholas P. Barakat has been serving as the Chief Executive Officer of OCTAL since inception of the business in 2005. Nicholas has extensive experience in investment and project development and he brings a long and successful track record in leadership, marketing strategies and packaging materials to OCTAL.
He has worked for over 20 years as a senior executive at International Paper Company with responsibilities in management, marketing and finance. Nicholas is a graduate of the American University of Beirut and holds an MBA from New York University. He is a CPA and a member of the American Association of Chemical Engineers and the Society of Plastic Engineers.
