In this study, a polyethylene terephthalate manufacturing plant was subjected to environmental performance evaluation and analyses/benchmarking of water consumption. The objective was to determine processes/practices where significant water and related energy saving potential was present. Based on evaluations and analyses, a technology change was realized in heat transfer systems from water-to air-cooled process. As a result of the applications, soft cooling water consumption of the company was reduced by 46.7% which corresponds to water saving of 151,428 m3/year. Moreover, 117,848 kWh/year of energy was saved due to electricity saving in electric motors of pumps of heat transfer systems as well as pumps/fans of cooling towers. Owing to the improved energy efficiency, total carbon emissions of the company was reduced by 69,530 kg CO2/year. Auxiliary material consumption was also reduced since the maintenance requirements of heat transfer pumps were minimized. The total cost saving was 104,905 $/year, while the payback period was calculated as 6 months. This study was conducted to be used as a successful model to increased water and energy efficiency in manufacturing industries based on systematic environmental performance evaluations and benchmarking. Furthermore, it could serve as a building block in Turkey for the integration of cleaner and sustainable production approach into national agenda which is currently being structured by the European Union harmonization efforts of this country.