Second manufacturing plant would involve an investment of about $100 million, and can generate about 1,600 jobs directly and indirectly together, according to industry experts
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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
consumer packaged goods
Coronavirus boosts Middle East packaging material demand by 10%
The surge in demand for sustained packaging in the region also drove companies back to their R&D centres to process new, safer packaging materials
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Indian UFlex eyes Dubai expansion amid rising demand for packaged goods in GCC
The company will also hire over 100 employees in Dubai over the next few months.