PET sheet supplier Octal aims to be $1.4 billion business by next year


Finding money to invest does not seem a problem for PET supplier and sheet extruder Octal, and the company says it also is at no loss for customers as it expects to more than double its turnover from this year to 2012. The company is only five years old, opening for business in late 2006 with 20,000 tonnes/yr of APET sheet capacity. By next year it plans to have 927,000 tons of PET at its disposal.

We reported on Octal in its early days, including at its first showing at the triennial K show, and since then have often covered the company's rapid expansion. Octal is especially notable for its DPET technology and its deep financial pockets that have helped it scale up very quickly. The company's sheet operations make use of its patented DPET (Direct-to-PET) technology in which melt from its PET reactors is fed straight into sheet dies, so that no heat history is added to the material, as would occur in an extrusion operation....
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