CANEI places on Financial Time's Fastest Growing Companies List

TORONTO - April 27, 2021 - PRLog -- PRESS RELEASE

CANEI PLACES ON FT's FASTEST-GROWING COMPANIES LIST

Toronto, Canada — April 2021

CANEI is pleased to announce it placed No. 420 on The Financial Times' list of fastest-growing Companies in the Americas.

CANEI is a leading supplier of recycled plastic raw materials to companies around the globe. Founded in 2012, CANEI has also been recognized as one of the fastest-growing companies in Canada.

The Financial Times ranks the Americas' fastest-growing companies by compound annual growth rate (CAGR) in revenue between 2016 and 2019, and CANEI is thrilled to be included on its second annual list.

CANEI is also honoured to be one of few waste management and recycling programs to be recognized for the resilience it has demonstrated through the COVID-19 pandemic. The quality of materials provided by CANEI is at the forefront of their business model.

Having witnessed the negative implications of not having a proper waste management system, CANEI founder and CEO Alkarim Shamsy made it his life's mission to improve the environmental impact of plastics. The unforgettable images of garbage floating on the streets is what inspired his entry into the plastics industry in 2012 and he could not be more grateful for the recognition from The Financial Times.

CANEI was listed as one of the fastest-growing startups in Canada in 2016 and 2017 and recognized one of the fastest growing companies in Canada in 2018 by Canadian Business and Profit Magazine. CANEI Corporation was also ranked as No. 310 on the 2020 Report on Business ranking of Canada's Top Growing Companies.

About CANEI Corporation
https://caneicorp.com
CANEI is a Toronto-based supplier of recycled plastic raw materials to companies around the world. The company has a presence in over 15 countries and its aim is to help manufacturers use more recycled plastics in their process without sacrificing quality.

About Financial Times Americas' fastest-growing companies list

The FT list was compiled with Statista, a research company that ranks entrants from across the Americas by compound annual growth rate (CAGR) in revenue between 2016 and 2019.