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
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search and...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
While presenting own advanced Robo-Advisory Platform, Michał Różański, Managing Partner at EARP and CEO at Empirica, will illustrate the most important issues of building tailored FinTech software in his session at 20th Cloud Expo. He will share experiences we have gained for over 6 years of developing solutions for financial institutions and FinTech companies, including robo-advisors. We welcome all FinTech innovators interested in how properly implemented technology can move their businesses f...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...