Octal Overview
- Founded
-
2006

- Status
-
Acquired/Merged
- Employees
-
450

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$620M
Octal General Information
Description
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
Website
www.octal.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Plastic Containers and Packaging
Other Industries
Other Commercial Products
Parent Company
Alpek
Primary Office
- Post Office Box 3786 Muscat 112
- Al Rawaq Building. 4th floor, Way 207, Qurum 34
- Muscat, 112
- Oman
+968 22 000000
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 |
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 |
Octal Executive Team (7)
Octal Signals
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 |