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EDC loans cleantech firm $5.9M to help drive its growth

Geosynthetics market worth more than $260 billion by 2023 fuelled by growing number of infrastructure projects in developing economies.

July 8, 2019   by PLANT STAFF

Fibreglass geogrid.
Photo: Titan

OTTAWA — Export Development Canada (EDC) has provided Titan Environmental Containment with a $5.9 million loan to help drive the company’s international growth.

The company, based in Ile des Chênes, Man., specializes in geosynthetics, man-made materials that help manage and protect the environment. These versatile construction materials made from polymer are used in road construction, water and waste management and agriculture, as well as other sectors.

A report by Transparency Market Research pegs the geosynthetics market at more than $260 billion by 2023, this growth fuelled by an increasing number of infrastructure projects in developing economies.

EDC is a financial Crown corporation that provides financial services to Canadian companies operating globally

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