Industry News

Enerkem Earns Top Ranking by Lux Research & Named '2013 Global Cleantech 100 Company'

Published on 2013-10-24. Author : SpecialChem

MONTREAL, Canada -- Enerkem Inc. a waste-to-biofuels and renewable chemicals company, announces that it has earned the top ranking by Lux Research for near-term growth opportunity among 415 companies, and has been named a 2013 Global Cleantech 100 company by the Cleantech Group.

It's an honor to see our work being recognized by these authoritative groups. The top-level granted by Lux Research is especially motivating for everyone at Enerkem,"said Vincent Chornet, President and Chief Executive Officer. "Our soon-to-be-launched full-scale commercial facility in Edmonton marks the first step of our growth in the global market of advanced biofuels and renewable chemicals."

Analysts at Lux Research combed through the 415 companies they profiled in the third quarter of 2013 to select 10 firms whose activity indicated near-term growth opportunities that large companies could capitalize on across the energy and infrastructure, health and wellness, and materials revolution global megatrends. Enerkem earned the top position among these ten companies.

The Cleantech Group, for its part, is a global research and advisory firm focused on innovation in energy and the environment. Its Global Cleantech 100 list highlights the promise of private clean technology companies from all around the world, focusing on those companies which the players in the market feel are currently the most likely to make the most significant market impact over the next 5-10 years. 5,864 companies were nominated this year from 60 countries. These companies were weighted and scored to create a short list of 300 companies presented to a global 90-person expert panel for final input. The end result was 100 companies from 18 countries. The complete list of Global Cleantech 100 firms and expert panel members is available online.

About Enerkem

Enerkem makes biofuels and renewable chemicals from waste. With its proprietary technology, Enerkem converts non-recyclable municipal solid waste into methanol, ethanol and other widely used chemical intermediates. Headquartered in Canada, Enerkem operates both a demonstration plant and a pilot facility in Quebec. Enerkem is currently building a full-scale waste-to-biofuels and chemicals facility in Edmonton, Alberta, and is developing similar facilities in North America and globally. Enerkem's technology and facilities help diversify the energy mix and make greener everyday products while offering a sustainable alternative to landfilling.

Source: Enerkem

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