Production of Polyester Fiber from PET Bottles

Sector

Manufacturing

Location

Capital Investment

919,000 OMR

Internal Rate of Return

15.15%

Payback Period

6 Years

Implementation Duration

1.6 Years

Source

Ministry of Commerce, industry and Investment Promotion

Description

Polyethylene terephthalate bottle waste is abundant in the Sultanate of Oman, but there are no manufacturers producing fiber flakes, so it is exported to the international market.