Ontario fabricator taps into demand for emissions and waste management equipmentApril 11, 2016 REDWIRE is news you can use from leading suppliers. Powered by FRASERS.
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Depending on your perspective, clean technology can be seen as a business risk or an opportunity to grow and diversify. For some manufacturers, carbon cap and trade policies invoke fears of additional costs, regulations and heightened risk management. But not for Alps Welding. The Vaughan, Ont.-based fabricator continues to demonstrate the upside of industry’s move to decarbonize.
“We see cleantech as a huge opportunity for our business,” says Dennis Dussin, president of Alps Welding, which is now doing a significant amount of business with the oil and gas industry through projects such as piping systems, stacks and heat exchangers.
Unlike many companies waiting for carbon regulations to spur market growth, Alps Welding — which started out as a traditional fabricator and today manufactures custom-designed industrial process equipment — is already pursuing cleantech as a new revenue stream.
Though much of Alps' work is done for energy and chemical companies, Dussin finds growth is stemming from efforts to mitigate the environmental effects of these conventional processes. He also sees an opportunity to create new commercially viable by-products from these processes.
“We’ve seen growth in water treatment process equipment, and equipment to control and treat gas emissions from plants, or to recover heat or vapour from a process to improve energy and product efficiency,” said Dussin, who recently joined a panel of cleantech businesses and industry insiders to discuss barriers to sustainability, along with calls to action.
One of the key takeaways from the report, called Cleantech Directions, is Canada should leverage its traditional industries — such as energy and resources — to vault to the top of the global cleantech market. With the right mix of support from government, industry and academia, Dussin thinks Canada can lead the world in decarbonization technology.
For their part, Canadian businesses seem keen to explore technologies that reduce waste, save energy and cut costs. The Cleantech Directions project, supported by Alps Welding, included a business survey of more than 500 executives across Canada, fielded in September 2015. It found 50 per cent of respondents were planning to increase their total expenditure on sustainability initiatives over the next 12 months, and 46 per cent expected spending to at least remain stable.
In terms of where those investments will be made, energy efficiency topped the chart, followed by waste management and recycling, water management, green energy and air emissions management.
Moving forward, Alps Welding will be tapping into these plans to invest, helping Canada’s traditional industries tackle environmental challenges, and move toward a low-carbon economy.