STOCK TITAN

Sasol reuses wax from spent catalysts as part of commitment to responsible production and consumption

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Sasol and GrnCat have partnered to recover wax from spent catalysts, promoting responsible production and consumption. Since its 2018 commissioning, over 6,000 tons of clean wax have been reused, reducing waste volumes by up to 50%. This initiative has also created 30 new jobs. GrnCat has optimized its processes, increasing capacity by 60% to 400 tons per month. Sasol prioritizes Sustainable Development Goals, particularly SDG12, to ensure sustainability in their operations. The collaboration exemplifies a commitment to continuous improvement and community support.

Positive
  • Sasol has recovered over 6,000 tons of clean wax since 2018.
  • Waste volume reduced by up to 50%.
  • Creation of 30 new jobs associated with the wax recovery process.
  • GrnCat increased its wax recovery capacity by 60% to 400 tons per month.
Negative
  • None.

JOHANNESBURG, Feb. 9, 2021 /PRNewswire/ -- In keeping with its priority Sustainable Development Goal (SDG) of responsible production and consumption, Sasol and waste management company GrnCat, have developed a solution to recover wax from spent catalysts.

Since the GrnCat plant was commissioned in 2018, Sasol has recovered and reused more than 6,000 tons of clean wax, thereby reducing waste volumes by as much as 50 percent. The creation of 30 new jobs associated with the process has added a social benefit to the environmental and economic advantages.

"We are gaining environmental and economic benefits from the reduction in landfill volumes and recovery of saleable product," said Steve Radley, Sasol Vice President: Wax and Solvents, Energy Operations.

"We are also supporting the development of small and medium-sized enterprises (SMEs) through established government funding institutions, which aim to promote economic growth and industrial development in the surrounding community."

Founder of GrnCat Holdings, Dr. Jan Reynhardt, added: "Since the start-up of our wax recovery plant three years ago, we have been constantly optimising our processes. We have been able to increase our capacity by 60 per cent to 400 tons per month of clean wax."

Radley said Sasol has prioritised four relevant SDGs, including SDG12 which is responsible production and consumption, to ensure that the business is environmentally, socially and economically sustainable.

"The collaboration with GrnCat is a pleasing success story for Sasol, GrnCat, the surrounding community and the environment. It also demonstrates our commitment to continuous improvement and to making sustainability a reality," he added.

Issued by:
Sasol Media Relations

In South Africa:
Matebello Motloung, Manager: Group Media Relations
Direct telephone: +27 (0) 10 344 9256 
Mobile: +27 (0) 82 773 9457
matebello.motloung@sasol.com

Alex Anderson, Senior Manager: Group External Communication
Direct telephone: +27 (0) 10 344 6509 
Mobile: +27 (0) 71 600 9605
alex.anderson@sasol.com

In Germany:
Torsten Titze
Manager Digital Communications
Sasol Chemicals
torsten.titze@de.sasol.com

About Sasol:

Sasol is a global integrated chemicals and energy company spanning 30 countries. Through our talented people, we use selected technologies to safely and sustainably source, manufacture and market chemical and energy products globally.

About Sasol's Information Privacy Policy:

We wish to inform you about the processing of your Personal Information by Sasol South Africa Limited and your rights under applicable data protection law, as interpreted and included in Sasol Information Privacy Policy.

Within our company, only Sasol Group Media Relations will receive your Personal Information to fulfil the purpose of maintaining the relationship with the receiver in his/her capacity as a member of the media. You have the right to request for the correction or deletion of your Personal Information stored by us at address: Sasol Place, 50 Katherine Street, Sandton in Johannesburg. You also have a right to restrict the processing of your Information. To exercise your privacy rights or find out more about Information Privacy Policy, kindly contact our Privacy Office on: privacy@sasol.com.

Cision View original content:http://www.prnewswire.com/news-releases/sasol-reuses-wax-from-spent-catalysts-as-part-of-commitment-to-responsible-production-and-consumption-301224880.html

SOURCE Sasol Limited

FAQ

What is the partnership between Sasol and GrnCat about?

Sasol and GrnCat have partnered to recover wax from spent catalysts, enhancing sustainable production.

How much wax has Sasol reused since the GrnCat facility opened?

Sasol has reused over 6,000 tons of clean wax since the GrnCat facility was commissioned in 2018.

What impact has the wax recovery initiative had on jobs?

The initiative has created 30 new jobs related to the wax recovery process.

What percentage has GrnCat increased its capacity for wax recovery?

GrnCat has increased its capacity by 60%, reaching 400 tons of clean wax per month.

Which Sustainable Development Goal does Sasol prioritize?

Sasol prioritizes SDG12, which focuses on responsible production and consumption.

Sasol Limited

NYSE:SSL

SSL Rankings

SSL Latest News

SSL Stock Data

3.53B
635.42M
1.81%
0.71%
Specialty Chemicals
Basic Materials
Link
United States of America
Johannesburg