VANCOUVER, BC – Ostara Nutrient Recovery Technologies has been named to the 2010 Global Cleantech 100.
The list produced by the Cleantech Group highlights the private clean technology companies from around the world that are likely to make a significant market impact over the next five to ten years, in the eyes of the world’s cleantech experts.
Ostara’s Pearl Nutrient Recovery Technology recovers nutrients such as phosphorus and ammonia from waterwaste streams and transforms them into a high-value, environmentally-friendly commercial fertilizer, which is marketed and sold as Crystal Green. Ostara has three commercial facilities in North America: Portland, Ore., Suffolk, Va., and York, Pa.
“The second Global Cleantech 100 shines a spotlight on which companies and which technology areas the global innovation community is currently most excited about, from a commercial standpoint,” said Richard Youngman, managing director, Europe and vice president of global research at Cleantech Group. “There have been significant changes since 2009: more Asian companies and less renewable energy generation companies attest to the growing diversification of cleantech innovation. Cleantech is a broader phenomenon than just clean energy. The wider issues of resource scarcity are starting to gain attention and traction.”
“We are very proud to be elected to the prestigious Global Cleantech 100,” said Phillip Abrary, Ostara’s president and CEO. “It is a testament to an amazing team at Ostara that has collectively transformed a promising technology into a viable business. Our technology is not only helping preserve a non-renewable resource by producing a fertilizer from a sustainable source, but is also providing a solution for wastewater treatment plants to recover otherwise polluting nutrients, and turn them into a valuable product, and further protect local waterways.”