The clean-chemical innovation company EcoSynthetix will relocate it's head office and research facility from Lansing, Michigan to the edge of the Greater Toronto Area, creating 40 new jobs and driving environmental innovation. The company's move will be supported by a $3 million investment from the provincial government, it was
announced earlier this month
The new 34,000-square-foot Global Innovation and Technology Demonstration Centre will focus on developing and marketing eco-friendly alternatives to petroleum-based products for the global paper industry--an $800 billion industry. The 15-year-old company estimates that the paper-coating share of the market is worth more than US$5 billion annually.
Minister of Innovation Glen Murray said he was pleased the province's investment would help bring the company to Ontario. "EcoSynthetix's technology has the potential to fundamentally change the
paper and paperboard industry, and capture a huge share of this
$800-billion market — while protecting our environment and boosting
Burlington's economy," he said in a prepared statement.
EcoSynthetix CEO John van Leeuwen told the Sustainable Chemistry Alliance
that the support of both provincial and federal governments was key to the decision to move to the GTA, and that as an environmental innovator, he looked forward to working with the Toronto region's universities.
Writer: Edward Keenan
Sources: Office of the Minister of Innovation; John van Leeuwen, EcoSynthetix; Sustainable Chemistry Alliance