BURLINGTON, ON, June 3, 2013 /CNW/ - EcoSynthetix Inc. ("EcoSynthetix" or the "Company"), a renewable chemicals company that produces a family of commercially proven bio-based products, today announced that it has been named third on the 25th annual PROFIT 500 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine.
"We continue to invest in product development and innovation to advance our presence in bio-based applications which provide a viable alternative to petroleum-based polymers," said John van Leeuwen, Chief Executive Officer of EcoSynthetix. "This recognition by PROFIT 500 demonstrates the dedication of our employees in building strong customer relationships and developing novel solutions to produce sustainable industrial and consumer products."
"To celebrate the 25th anniversary of the Fastest-Growing Companies in Canada, the PROFIT 500 has expanded to recognize the entrepreneurial achievements of more than 500 Canadian companies," says Ian Portsmouth, Publisher and Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to now showcase Canada's forward-thinking small business entrepreneurs and honour their talents and innovations."
Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country's most successful growth companies. Published in the Summer issue of PROFIT and online at PROFIT500.com, the PROFIT 500 is Canada's largest annual celebration of entrepreneurial achievement.
EcoSynthetix's environmentally sustainable products can be used in the manufacturing process for a range of applications in the paper, paperboard, building insulation, adhesives and personal care markets. EcoSynthetix products allow customers to significantly reduce their carbon footprint, while offering equal or superior performance at comparable costs relative to incumbent petroleum-based products. In 2012, the Company was recognized as North America's second fastest growing cleantech company by Deloitte, and its co-founders were named Entrepreneurs of the Year in the cleantech category by Ernst & Young.
About EcoSynthetix Inc.
EcoSynthetix Inc. is a renewable chemicals company specializing in bio-based products that can be used as inputs in industrial manufacturing for a wide range of consumer products. The Company's products offer a reduced carbon footprint and are marketed primarily on the basis of lower cost, stable pricing and equal or superior performance. EcoSynthetix's lead product, EcoSphere® biolatex® binders, is used commercially by a number of the global top 20 manufacturers in the coated paper and paperboard industry.
About PROFIT Magazine
PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 31 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
SOURCE: EcoSynthetix Inc.
For further information:
John van Leeuwen
Chief Executive Officer
Phone: (289) 288-5010
E-mail: [email protected]
Phone: (416) 815-0700 (Ext.238)
E-mail: [email protected]