CANEI corporation has placed No. 420 on The Financial Times: America’s Fastest Growing Companies

(MENAFN – Market Press Release) CANEI Corp
Press Release
Toronto, Canada, March 2021 – CANEI corporation is pleased to announce it placed No. 420 on The Financial Times: America’s Fastest Growing Companies list of 2021.
CANEI Corporation is a leading supplier of recycled plastic raw materials to companies around the globe including Asia, Africa, Europe and Latin America amongst others. The company started in 2012 and has been one of the fastest growing companies in Canada for the last few years. CANEI Corporation was founded on the need for high quality and consistent plastic recycled materials and has created a brand new recycled material, NEAR PRIME, to provide a cost-effective solution and substitute for virgin.
The Financial Times ranks America’s Fastest Growing Companies by compound annual growth rate (CAGR) in revenue between 2016 and 2019 and CANEI Corporation is thrilled to be amongst the top 500 of their 2nd annual list.
CANEI Corporation is also honoured to be one of few waste management & recycling programs to be recognized for the resilience the company has demonstrated through the Covid-19 pandemic. The quality of materials provided by CANEI Corporation is at the forefront of their business model and the company is proud to have been previously recognized for their efforts on multiple occasions already. CANEI Corporation was listed as one of the fastest growing startups in Canada in 2016 & 2017 and as one of the fastest growing companies in Canada in 2018 by Canadian Business and Profit Magazine. Most recently, CANEI Corporation was also ranked as No. 310 on the 2020 Report on Business Ranking of Canada’s Top Growing Companies.
Growing up in South East Asia and East Africa, CANEI Corporation was born from CEO and founder Alkarim witnessing firsthand the negative implications of not having a proper waste management system. The unforgettable image of garbage floating on the streets is what inspired his entry into the Plastics industry in 2012 and Alkarim could not be more grateful for the recognition from the Financial Times.
About CANEI Corporation
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 globally and it’s aim is to help manufacturers use more recycled plastics in their process without sacrificing quality.
About Financial Times America’s 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.