In our case study, OCTAL Leads the Way in Environmental Sustainability and Disclosure, we explore the sustainability journey of an unlikely leader (OCTAL Petrochemicals) in an even more unlikely industry (plastics).
OCTAL was founded in 2008 with a simple mission: produce high quality, low impact PET. Since then, OCTAL has stormed into the clear rigid plastics scene by putting a stake in the ground with its marquee product DPET™, the most sustainable plastic on the market today.
How can OCTAL make such a claim? Their proprietary process has removed most of the steps other manufacturers require to make clear rigid plastics, eliminating waste and reducing energy, resulting in a lower carbon footprint – in fact, 25% lower than traditional PET. As a result, OCTAL has achieved tangible business benefits including cost savings, competitive advantage, strengthened partner relationships, increased employee retention, and significant market share.
But reducing their product’s carbon footprint isn’t all OCTAL is doing to mitigate their impact on the environment. Since their founding, OCTAL has taken a proactive approach to embedding sustainability in their operations. Their plant in Salalah, Oman uses less natural gas than their competitors and the plant relies on recycled wastewater for operations. Working with Renewable Choice, OCTAL has voluntarily reported to the Carbon Disclosure Project (CDP), the GreenerPackage.com database, and is using Mosaic™, a web-based carbon accounting system that has saved OCTAL time and money.
OCTAL believes that a commitment to sustainability makes good business sense, and we do, too. To learn more about OCTAL’s accomplishments, download the case study today!