Vestolit, a company that belongs to the Polymer
Solutions Group — one of the five distinct business groups within polymers,
materials, and infrastructure leader Orbia (formerly
Mexichem) — drives its sustainability initiatives in close collaboration
with the corporate sustainability team. At Orbia, sustainability is an integral
part of a broader commitment to advance life around the world.
One of the company’s sustainability goals is to reduce its sulphur oxide
(SOX) emissions by 60 percent by 2025. Right alongside corporate efforts,
various plants and facilities have also been working to better understand
emissions-reduction opportunities and potential cost savings. For example, the
second year into its commitments, the Orbia facilities team at its Henry, IL
resin manufacturing facility identified an opportunity to significantly reduce
and ultimately eliminate a source of SO2 emissions related to its boiler
operations. By modifying plant operations, the team was able to reduce annual
SO2 emissions by 30 percent and in turn reduce Orbia’s overall emissions by 5
percent. We also expect the benefit to continue year over year.
To further reduce this footprint, the team is now exploring investment options.
Its objective: to completely eliminate all SO2 emissions associated with the
Henry facility by 2025. Orbia’s recently launched sustainability-linked
bonds
in the international capital markets will help by funding additional investments
in emissions reductions. To demonstrate accountability, Orbia also adopted and
published its sustainability-linked bond framework alongside the bonds’
issuance, validated by ESG rating agency ISS.
“We know together, we can push the boundaries for a better tomorrow,” Jim
Gray, General Manager of Vestolit’s Henry, IL plant. “Our commitment to SO2
emissions reductions and overall becoming more future-fit in our work is a key
part of how we are driving Vestolit — and Orbia — forward.”
Read more about Vestolit’s sustainability strategy
here.
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VP Marketing & Communications at Vinyl Institute
Susan is responsible for development, managing and driving all the Vinyl Institute's and Vinyl Sustainability Council's marketing and communications efforts on a national level.
Published Jan 14, 2022 7am EST / 4am PST / 12pm GMT / 1pm CET