EcoSynthetix Inc is a renewable chemical company specializing in developing and producing environmentally friendly, carbon neutral products. In its early years, the firm developed an eco-friendly coating for paper products, such as magazines or business cards, using a bio-based polymer to coat paper and paperboard products to make them much more biodegradable and recyclable than their petroleum-containing counterparts. Part of the growing trend of using biomaterials - materials created from a variety of biological matter or renewable resources, like crops or plants to make products currently produced from petroleum, in August 2011, management led the company to the largest Cleantech IPO in Canadian history when it raised $100 million. Named in 2013 to Deloittes Fast 500 listing of the fastest growing companies in North America and to its Technology Green 15 listing.