Welcome!

News Feed Item

Entropex Is Part of Canada's $11 Billion Clean Technology Industry; An Export Driven Industry That Is Changing Canada

Export Revenues for Canadian Clean Technology Industry Hit a Record $5.8 Billion in 2012

OTTAWA, ONTARIO -- (Marketwired) -- 03/06/14 -- Entropex is pleased to highlight its important role in Canada's first 21st century industry. An innovative, rapidly expanding and economically important industry that brings together companies working to increase energy and water productivity and also to solve problems to do with the ways that air, earth and water are used.

The opportunity for Canada to create a $50 billion industry by 2022 is highlighted in the latest Canadian Clean Technology Report for 2014 by Analytica Advisers, published today. The industry is making startling progress and is rapidly evolving into a globally competitive, multi-billion dollar industry with a potentially transformative impact upon Canada's economy.

In another year of sustained growth in 2014, the Canadian clean technology industry continued to demonstrate the stamina, grit and determination that have enabled it to achieve some impressive industry performance statistics:

--  Entropex is part of the 74 percent of clean technology companies that
    are exporting today or part of the 89 percent of companies that plan to
    export by 2015. In 2012, the industry generated $5.8 billion in exports,
    with 74 percent of firms being exporters, and 89 percent predicting they
    will be exporters by 2015. 
    
--  Entropex is one of over 700 innovation-driven companies located across
    Canada working with thousands of direct suppliers across ten sectors. 
    
--  The industry currently has $11.8 billion in revenues, one percent of
    global market-share. The industry boasts a Compound Annual Growth Rate
    of 10 percent from 2010 - 2012, compared to 1.7 percent growth in the
    Canadian economy as a whole. 
    
--  Entropex is part of an industry that has created 41,100 new jobs across
    Canada. Jobs that grew at a rate of 6 percent from 2010 to 2012 -- 200
    percent faster than the national average. Entropex is also part of an
    industry that is hiring young people who want to make a difference.
    Twenty percent of the Clean Technology's industry's workforce is
    comprised of Canadians 30 years of age and younger. A force for the
    future. 
    
--  Entropex contributes to an industry that invested over $1 billion in R&D
    in 2012, and $5 billion from 2008-2012, of which $3.5 billion was from
    SMEs. 

Today's Analytica Advisors 2014 Canadian Clean Technology Industry Report includes insight from many great Canadian Clean Technology companies including, Entropex. The Report examines the clean technology industry's achievements in driving jobs, exports, innovation and competitive performance; and discusses why the industry is both Canada's first new industry in the 21st century and a foundational base for growth, global competitiveness and productivity in other industries.

Entropex RigidReclaim(TM) technology is leading the North American recycling industry in the recovery of non-bottle post-consumer plastics. Entropex business volumes have substantially increased with RigidReclaim(TM) commercialization, creating 100 full time, well-paying Cleantech jobs. Our highly pure, commodity plastics increase the competitiveness of U.S. and Canadian manufacturers.

Keith Bechard, President, Entropex

Building on the groundwork laid by the 2010 SDTC Cleantech Growth & Go-To-Market Report and the 2011 and 2013 Canadian Sustainable Technology Industry Reports, the 2014 Report's findings show that the Canadian clean technology industry has now become a meaningful contributor to Canada's economy. The industry is emerging as a powerful player and companies are targeting and winning in global markets where there are mounting signs of trade liberalization. They post strong revenue and employment growth and continue to invest in R&D at rates comparable to biotechnology, pharmaceuticals, and ICT.

"Clean Technology is one of Canada's first 21st century industries. It has a growing presence in international markets and is bringing economic opportunity across the country. At current growth rates this will become a $28 billion industry by 2022, employing over 75,000," said Celine Bak, President of Analytica Advisors. "Much of this growth will be driven by exports to international markets. Three quarters of clean technology companies are currently exporting, and close to ninety percent expect to export in 2015. Twenty-two percent of industry revenues are already from exports markets other than the US."

"Yet this dynamic industry remains one of Canada's best kept secrets. It is time for Canada to take notice. Canadian companies are bringing solutions to some of the world's most technically demanding problems and young people are seeing an opportunity to build their careers here for the long term benefit of our economy and the environment."

There can remain no doubt that the Canadian clean technology industry has the credentials to take its place as a fully-fledged element of the Canadian economy. Canada should recognize that this industry is ready to play to its potential, to set an ambitious goal to build a $50 billion industry so that it can deliver that potential to the Canadian economy.

About Entropex

Entropex is a leading North American processor of post-consumer plastics. The introduction of our RigidReclaim(TM) technology as increased post-consumer plastic recovery by 35% in the markets we serve.

About Analytica Advisors

Analytica Advisors is a registered Beneficial Corporation dedicated to research and advisory services for a growing Canadian and global economy. For more information visit www.analytica-advisors.com.

The 2014 Canadian Clean Technology Industry Report was authored by and is available from Analytica Advisors. For more information contact: [email protected].

Contacts:
Entropex
Keith Bechard
416-332-0430 ext. 108

Media Contacts:
Analytica Advisors
Celine Bak
President
613-866-9157
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Enterprises are universally struggling to understand where the new tools and methodologies of DevOps fit into their organizations, and are universally making the same mistakes. These mistakes are not unavoidable, and in fact, avoiding them gifts an organization with sustained competitive advantage, just like it did for Japanese Manufacturing Post WWII.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Digital transformation has increased the pace of business creating a productivity divide between the technology haves and have nots. Managing financial information on spreadsheets and piecing together insight from numerous disconnected systems is no longer an option. Rapid market changes and aggressive competition are motivating business leaders to reevaluate legacy technology investments in search of modern technologies to achieve greater agility, reduced costs and organizational efficiencies. ...
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.