
“Most of the investments in petrochemicals in the region were focused upstream and have resulted in a duplication of simi- lar projects competing for the same markets. As such, compe- tition is strong and over time these projects will compete head on from a similar cost structure. The Octal Group’s focus is on the manufacture downstream of polymers used for packaging consumer products with a target of becoming the world lea- der with 30-40% of the world market in certain key segments, offering the greatest growth potential and where a proprietary cost structure generates significant cost advantage