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].

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
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. 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 sett...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...