GREENMANTRA recognized as one of Canada’s Sustainability Changemakers
GREENMANTRA Technologies has achieved recognition from Sustainable Development Technology Canada for showing outstanding growth and delivering on the SDTC mandate of sustainability and economic benefits for Canada.
BRANTFORD, ON [May 8, 2023] — Sustainable Development Technology Canada has awarded GREENMANTRA Technologies with the recognition as one of Canada’s Sustainability Changemakers.
. The companies were chosen as Canada’s Sustainability Changemakers following a rigorous evaluation process consisting of five criteria:
- Steady annual revenues of over $10 million;
- A compound annual growth rate of 20% or more over the last three years;
- Sustainable benefits and impact measured per SDTC’s proprietary methods of quantifying environmental benefits;
- A global footprint; and
- A Canadian presence and contribution to the local economy: at least 50% of the workforce and significant operations must be Canada-based, and the company must demonstrate job growth.
As a leader in innovative plastics recycling solutions, GREENMANTRA’s mission aligns with SDTC’s goals to incubate and grow sustainable small- to medium-sized businesses throughout Canada. As one of the first molecular recycling companies to operate at commercial scale, GREENMANTRA has been a pioneer in transforming difficult to recycle plastics into high-value products.
“GREENMANTRA’s vision has always been to create a business and products that deliver a positive sustainable impact for our customers, the environment, and our community” explains Domenic Di Mondo, President of GREENMANTRA Technologies. “It is an honour to be recognized by SDTC for our success to date in that effort. This award highlights the importance of putting social and environmental responsibility first. Sustainable business like GreenMantra, and the other great Canadian Cleantech companies recognized, play a key role in the future of our country and our planet”.
“GREENMANTRA continues to prove that innovation is limitless, with their patented process transforming waste plastic into specialty polymer additives” said Leah Lawrence, CEO, SDTC. “SDTC is proud to count GREENMANTRA as one of Canada’s Sustainability Changemakers for 2023.”
Other companies being recognized for their leadership as Sustainability Changemakers are: Enerkem, Hifi, KEY DH Technologies, Saltworks, MARA Renewables, Electrovaya, Minesense, WestGen, and Ecopia.
About GREENMANTRA Technologies
GREENMANTRA Technologies is a leader in molecular recycling that transforms hard to recycle waste plastics into value-creating specialty waxes and polymers. GREENMANRA’s products are used as performance enhancers and processing aids in roofing, asphalt roads, extruded plastic pipes, and plastic processing applications with useful lifespans of 20-50+ years. In each application, GREENMANTRA improves product performance, provides a more efficient manufacturing process, and allows manufacturers to greatly increase the recycled content of their end products without sacrificing performance. GREENMANTRA annually diverts thousands of tonnes of plastic waste from our oceans and landfills into new applications.
About the Sustainable Development Technology Canada
Sustainable Development Technology Canada (SDTC) helps Canadian companies develop and deploy competitive, clean technology solutions, to help solve some of the world’s most pressing environmental challenges: climate change, clean air, clean water, and clean soil. By taking a cross-Canada approach, from seed to scale, and in partnership with the best peers and experts, SDTC is the global benchmark for sustainable development innovation programming.
CONTACT:
GREENMANTRA Technologies
Ben Scott, Director of Research & Innovation
226-979-3142
SDTC COMMUNICATIONS
media@SDTC.ca
613-234-6313