08/04/2015 07:17 AST

To meet the two-digit market growth from the carbonated soft drinks consumers, Oman Refreshment Company (ORC), a franchisee of PepsiCo International, has recently acquired a new production line from Sidel, the leading global provider of polyethylene terephthalate (PET) solutions for liquid packaging, which will enable the Omani bottler to increase their production capacity sufficiently.

Since February 2015, ORC has been operating a Sidel Combi12 line which produces carbonated soft drinks in a 2.25 litre format at a speed of 18,000 bottles per hour. The new line will help the Omani company achieve efficiency and lightweighting, as well as reduce consumption of raw materials and costs.

"Our collaboration with Sidel started around 16 years ago. Since then, we have built a strong relationship based on mutual trust, reliability and efficiency," said Youssef Ezzikhe, General Manager of Oman Refreshment Company. "With the growing local demand on our products and carbonated soft drinks in general, we approached Sidel again to obtain a production line which will enable us to increase production, and eventually achieve a stronger competitive edge."

Oman Refreshment Company operates in different categories of the food and beverage market in Oman. Carbonated soft drinks category is their main forte, which includes Pepsi, Mountain Dew, 7UP, and other world famous PepsiCo products. In that category, they have an 89 per cent market share.

"One of the driving factors in our decision to choose Sidel again was the efficiency with which their machines operate and prompt response on after sales service. By using their machines, we will be able to increase production, cut cost and potentially reduce raw material consumption," said Rosel Ocampo, Head of Operations at Oman Refreshment Company.

According to industry estimates, Carbonated Soft Drinks was the most consumed beverage item in Oman with 362.4 million litres recorded at the end of 2014, and a Compound Annual Growth Rate (CAGR) of 8.3 per cent over the next five years.

"In order for us to extend our services and solutions to a wider audience, we've established a solid presence in the region, and we are delighted to see the continuous success and growth that our customers are achieving. By providing innovative solutions, we are enabling them to keep up with the growth in the beverage industry not only in their local markets, but also at the regional and global levels," said Clive Smith, Vice-President, Greater Middle East and Africa Zone at Sidel.


Times of Oman

Oman Refreshment is pleased to announce the distribution of dividend

23/03/2015

Oman Refreshment Company SAOG ("ORC") is pleased to announce the distribution of cash dividend at the rate of 100% (equivalent to 100 Baizas each per share) of the paid up capital for the year 2014 a

Muscat Securities Market

Oman Refreshment co. Collection of Dividend Warrants

17/03/2014

NOTICE TO SHAREHOLDERS FOR COLLECTION OF CASH DIVIDEND Oman Refreshment Company SAOG ("ORC") is pleased to announce the distribution of cash dividend at the rate of 100% (equivalent to 100 Baizas eac

Muscat Exchange

Ticker Price Volume
ORCI Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ALPHADHABI 11.10 0.12 (1.09%)
IQCD 12.56 0.13 (1.04%)
ADNOCLS 4.42 0.02 (0.45%)
ADPORTS 4.04 -0.06 (-1.47%)
NMDC 23.00 0.32 (1.41%)
Commercial Bank, Microsoft co-host first DHL4SMEs workshop

16/04/2025

Commercial Bank, a leader in innovative digital banking solutions in Qatar, in collaboration with Microsoft, hosted the first DHL4SMEs workshop on digital and financial strategies for SMEs at Commerc

The Peninsula

Dukhan Bank announces April winners in Thara'a savings account prize draw

16/04/2025

Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters.

The draw was conducted under the supe

The Peninsula

Bank Muscat's Q1 profit rises 8% to RO58.5mn

16/04/2025

Bank Muscat, the largest financial institution in Oman, reported a net profit of RO58.56mn for the first quarter of 2025, compared to RO54.24mn reported during the same period in 2024, reflecting a y

Muscat Daily

E& shareholders approve 83 fils dividend per share for FY 2024

16/04/2025

E& shareholders on Tuesday approved the Board's recommendation for FY 2024 of cash dividend of 83 fils (Dh0.83) per share for the fiscal year 2024.

Jassem Mohamed Bu Ataba Alzaabi, Chairman

Khaleej Times

Dukhan Bank launches new House Finance campaign

15/04/2025

Dukhan Bank, Qatar's leading provider of Sharia-compliant financial solutions, has launched a new House Finance campaign offering customers exclusive benefits, including a competitive profit rate as

The Peninsula