Octal Overview

  • Founded
  • 2006


  • Status
  • Acquired/​Merged

  • Employees
  • 450


  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $620M

Octal General Information


Manufacturer of polyethylene terephthalate (PET) products designed to redefine packaging applications. The company's products offer food-grade PET resins for carbonated water and soft drink, alcoholic beverage and water container, pharmaceutical materials packaging, as well as heat-set blow molding applications, enabling clients to get premium quality resin at a reasonable price.

Contact Information

Ownership Status
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Plastic Containers and Packaging
Other Industries
Other Commercial Products
Parent Company
Primary Office
  • Post Office Box 3786 Muscat 112
  • Al Rawaq Building. 4th floor, Way 207, Qurum 34
  • Muscat, 112
  • Oman
+968 22 000000

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Octal Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 31-May-2022 $620M 00.00 00000 Completed Generating Revenue
4. Debt - General 16-Jul-2019 00000 00.00 Completed Generating Revenue
3. Debt - General 17-Jan-2011 00000 00000 Completed Generating Revenue
2. Debt - General 08-Nov-2007 $166M $166M Completed Generating Revenue
1. Early Stage VC 01-Sep-2007 Completed Generating Revenue
To view Octal’s complete valuation and funding history, request access »

Octal Patents

Octal Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3160061-A1 Multimodal polyalkylene terephthalate Pending 02-Dec-2019 0000000000
EP-4069511-A1 Multimodal polyalkylene terephthalate Pending 02-Dec-2019 0000000000
US-11434326-B2 Multimodal polyalkylene terephthalate Active 02-Dec-2019 0000000000 00
US-20210163678-A1 Multimodal polyalkylene terephthalate Active 02-Dec-2019 0000000000
EP-4069511-A4 Multimodal polyalkylene terephthalate Pending 02-Dec-2019 C08G63/916 0
To view Octal’s complete patent history, request access »

Octal Executive Team (7)

Name Title Board Seat Contact Info
Nicholas Barakat Chief Executive Officer
William Barenberg Jr. Executive Vice President & Chief Operating Officer
Mark Hunt General Manager
Vivek Harkauli Director of Marketing
You’re viewing 4 of 7 executive team members. Get the full list »

Octal Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Octal Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Bank Muscat PE/Buyout Minority 000 0000 000000 0
Pound Capital Venture Capital Minority 000 0000 000000 0
To view Octal’s complete investors history, request access »