Toronto; 16, September 2016: Canadian Business and PROFIT today ranked CANEI Corporation No. 8 on the Startup 50 ranking of Canada’s Top New Growth Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the Startup 50 ranks young Canadian businesses on the basis of their percentage two-year revenue growth.

CANEI Corporation made the 2016 Startup 50 list with two-year revenue growth of 808%.

“These young companies promise to transform Canada’s economy through innovation and determination,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “Their stories of early success are truly inspiring."

“CANEI Corporation is very excited to be on the Startup 50 ranking,” says CEO Alkarim Shamsy. “We’ve worked hard at creating a company that innovates constantly and this award is testament to that.”

CANEI Corporation supplies high quality recycled plastic raw materials to manufacturers around the world. This helps us to divert landfill waste while providing a significant cost advantage to clients. CANEI Corporation supplies materials to customers in Asia, Africa, Latin America and the Middle East. In our bid to stretch the envelope, we recently launched a free plastics market intelligence platform: https://polymers.io. This has helped improve transparency within the industry with thousands of companies signing up as users.

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About PROFIT and PROFITguide.com:

PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs 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.

About Canadian Business:

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.

About CANEI Corporation:

CANEI Corporation supplies high quality recycled plastic raw materials to manufacturers around the world. This helps us to divert landfill waste while providing a significant cost advantage to clients. CANEI Corporation supplies materials to customers in Asia, Africa, Latin America and the Middle East. In our bid to stretch the envelope, we recently launched a free plastics market intelligence platform: https://polymers.io. This has helped improve transparency within the industry with thousands of companies signing up as users.

For Media Contact:
Alkarim Shamsy
CANEI Corporation
+1.416.887.5771
[email protected]