CANEI Among Canada's Top Growing Companies in The Globe and Mail's 2024 List

TORONTO - Sept. 27, 2024 - PRLog -- Toronto, Canada – CANEI Corporation, a leader in recycled materials, is proud to announce its ranking as No. 71 on The Globe and Mail's sixth annual list of Canada's Top Growing Companies, with a verified three-year revenue growth of 574%.

CANEI has consistently made a significant impact on sustainable growth since its early years. The company was first recognized as one of Canada's fastest-growing startups in 2016 and 2017, and later as one of the fastest-growing companies in 2018 by Canadian Business and Profit Magazine. Building on this momentum, CANEI earned a spot on the Report on Business list of Canada's Top Growing Companies in 2020, 2023, and 2024. Additionally, it has been featured on the Financial Times Fastest Growing Companies list in 2021, 2023, and 2024.

Founded in 2012, CANEI specializes in supplying recycled plastics namely rPET, rPP, and rPE to sustainability-focused brands and manufacturers. The company's dedication to closing the plastics loop is reflected in its food-grade recycled PET, meeting the growing demand for sustainable packaging in North America and Europe.

"CANEI is recognized not only for its growth but also for its role in waste management and recycling," said Alkarim Shamsy, Founder and CEO of CANEI. "We're proud to be among the few companies on the list driving change in recycling and sustainability, making a real environmental impact."

CANEI's Industry Engagement

In 2024, CANEI participated in major industry events, including the Plastics Recycling Show Europe and the Plastics Recycling Conference in the United States, showcasing its innovations and advancing its mission to turn plastic waste into a valuable resource. By collaborating with recyclers, we collect, process, and recycle plastic materials, giving plastic a second life. In 2025, CANEI will return to these events to continue promoting sustainable recycling solutions and build industry partnerships.

About The Ranking

The Globe and Mail's annual ranking recognizes 417 businesses with exceptional revenue growth and leadership, celebrating Canada's most innovative companies.

About CANEI

CANEI is a global leader in supplying recycled PET (rPET), PP (rPP), and PE (rPE) materials, committed to preventing plastic waste from reaching landfills and oceans. Based in Canada, we help brands worldwide adopt recycled materials, with a special focus on food-grade rPET solutions. Our mission is to turn plastic waste into a valuable resource and support brands in their transition to more sustainable materials.

Visit www.caneicorp.com | Follow us on LinkedIn (https://www.linkedin.com/company/canei)