Click here to close now.



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™ 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™ 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™ 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
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
With microservices, SOA and distributed architectures becoming more popular, it is becoming increasingly harder to keep track of where time is spent in a distributed application when trying to diagnose performance problems. Distributed tracing systems attempt to address this problem by following application requests across service boundaries, persisting metadata along the way that provide context for fine-grained performance monitoring.
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
The maker of automated server migration software reports sales bookings increased 460 percent year-over-year and last week IDC forecast spending on public cloud services will grow to more than $141 billion in 2019. Seems (at last) we are at the tipping point where enterprises are adopting cloud in a big way opening opportunities for those who can help with the transition.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.