OverviewSuggest Edit

OCTAL is a PET sheet producer and integrated packaging company. It provides PET bottles suitable for a variety of applications including water, carbonated soft drinks, alcoholic beverages, edible oil, as well as pharmaceutical containers. The company also develops packaging lines of proprietary direct-to-sheet polyester (DPET), including egg and poultry trays, meat and cheese, bakery, dried fruit packaging, etc.

HQMuscat, OM
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)740(+24%)
Revenue (Y, 2018)$834 M(+12%)
Cybersecurity ratingDMore
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Key People/Management at OCTAL

Nicholas Barakat

Nicholas Barakat

Scott Ewen

Scott Ewen

Vivek Harkauli

Vivek Harkauli

Director of Marketing
Prashant Boloor

Prashant Boloor

Senior Sales Director - PET Resin
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OCTAL Office Locations

OCTAL has offices in Muscat, Salalah, Cincinnati, Plano and in 2 other locations
Muscat, OM (HQ)
Al Rawaq, Qurum, Opposite City Center، 7 Muscat Expy
Riyadh, SA
PO Box 69171
Cincinnati, OH, US
5399 E Provident Dr
Plano, TX, US
5801 Tennyson Pkwy #450
Plano, TX, US
Preston Park Financial Center - West, 4975 Preston Park Blvd #470
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OCTAL Financials and Metrics

Summary Metrics

Founding Date

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OCTAL Revenue

OCTAL's revenue was reported to be $834 m in Y, 2018 which is a 11.2% increase from the previous period.

Revenue (Y, 2018)


Revenue growth (Y, 2017 - Y, 2018), %


EBITDA (Y, 2018)

USDY, 2017Y, 2018



Revenue growth, %




EBITDA margin, %

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OCTAL Operating Metrics

Jul, 2019Oct, 2019

Delivery Countries


Production Volume (Bottle Grade PET and DPET Sheet), metric tons

1 m

Production Volume (Thermoplastic Sheets), tonnes

250 k
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OCTAL Acquisitions / Subsidiaries

Company NameDateDeal Size
OCTAL Europe B.V.
Octal Extrusion Corp.
Octal, Inc.

OCTAL Cybersecurity Score

Cybersecurity ratingPremium dataset



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OCTAL Online and Social Media Presence

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OCTAL News and Updates

Omani plastics firm Octal said to weigh $800m sale

Sources say Muscat-based company is working with JPMorgan Chase & Co as it considers selling a majority stake

Omani Plastics Firm Octal Weighs $800 Million Sale

Omani Plastics Firm Octal Weighs $800 Million Sale

OCTAL Frequently Asked Questions

  • When was OCTAL founded?

    OCTAL was founded in 2006.

  • Who are OCTAL key executives?

    OCTAL's key executives are Nicholas Barakat, Scott Ewen and Vivek Harkauli.

  • How many employees does OCTAL have?

    OCTAL has 740 employees.

  • What is OCTAL revenue?

    Latest OCTAL annual revenue is $834 m.

  • What is OCTAL revenue per employee?

    Latest OCTAL revenue per employee is $1.1 m.

  • Who are OCTAL competitors?

    Competitors of OCTAL include Hotpack, Napco National and Obeikan.

  • Where is OCTAL headquarters?

    OCTAL headquarters is located at Al Rawaq, Qurum, Opposite City Center، 7 Muscat Expy, Muscat.

  • Where are OCTAL offices?

    OCTAL has offices in Muscat, Salalah, Cincinnati, Plano and in 2 other locations.

  • How many offices does OCTAL have?

    OCTAL has 7 offices.