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.