Environmental Concerns will Benefit CECO Environmental Corporation in 2013

Environmental Concerns will Benefit CECO Environmental Corporation in 2013

It is a well known fact that mother earth and the environment need to be protected from pollution for the continual survival of life of this planet. Thus, earth-loving folks may need to consider halving their meat consumption in order to reduce their carbon footprint and help save the earth. This is necessary considering the fact that 80 percent of pollution can be traced to nitrogen based fertilizers in the developed world as a result of meat production.

However, if you live in the United States, halving your meat consumption may not do much for the environment if the government makes a decision in favour of the Keystone XL pipeline project. This move would see the laying of a pipeline that would be used to transport Canada’s oil sand from Alberta to refineries in the Gulf of Mexico where they would be exported to other parts of the world. The project, while it has the potential to provide cheaper energy and also provide thousands of new jobs, would show that the United States’ rhetoric about making the earth a greener place is nothing more than lip-service.

However there are small-cap companies that do stand to profit from environmental concerns and one of them is CECO Environmental Corporation (NASDAQ: CECE), a company that specializes in the provision of global air pollution control technology products and services. CECO’s core business revolves around air pollution control technology and thus, the company would stay relevant for as long as environmental concerns remain an issue. Other companies that would also benefit from green thinking are MFRI, Inc. (NASDAQ: MFRI) and Progressive Waste Solutions Ltd (NYSE: BIN), both with interests in pollution management. If the US government should approve the Keystone XL pipeline project, there is little doubt that CECO will profit by being of one the companies saddled with the responsibility of providing the technology that would clean up the mess. On the other hand, if the project does not see the light of day, CECO still has an ever-ready market where its pollution control technology products and services are still in high demand.

CECO has announced the receipt of new orders to the tune of $11.4 million from customers in different sectors such as automotive, refinery and utility in the United States and even in places as far as the Middle East and China. Thus, CECO cannot but continue to grow and remain relevant inasmuch as environmental concerns about making the world a greener and healthier place remain.