{
  "id": 14558078,
  "title": "Developing green solutions",
  "url": "https://urgent.news/2026/10/14/developing-green-solutions",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-14T23:00:00.000Z",
  "source": {
    "name": "The Business Times - Singapore",
    "slug": "the-business-times-singapore",
    "url": "https://www.businesstimes.com.sg/singapore/smes/emerging-enterprise-2026/developing-green-solutions"
  },
  "original_language": "en",
  "account": "Five companies have been selected as finalists for the 2026 Emerging Enterprise Sustainability Award (EESA) to showcase their innovative green solutions. EESA, introduced in 2023, recognizes small and medium-sized enterprises driving growth in the green economy. The award is part of the broader Emerging Enterprise Awards, launched in 2008, which celebrate startups and young businesses across Singapore and Asia.\n\nExcalibur, a Hong Kong-based energy service company, has developed a blue-painting technology for their LED tubes, which enhances energy performance and saves costs. Their Eco-Pro T8 LED light tube has achieved Grade A in both EU and UK energy labels, offering 50% more energy savings than traditional LED tubes. Additionally, the technology extends the lifespan of their LED tubes by 400 times the average lifespan of other similar products.\n\nParongpong Recycle and Waste Lab has pioneered a hydrothermal-based technology platform that converts waste materials like fishing nets, construction debris, and plastics into high-performance building materials. Founded in 2017, the company aims to accelerate the adoption of circular materials made from residual waste. They have established partnerships with major industry players like chemical manufacturer Mitsui Chemicals and global furnishing brand Ikea, validating their technology and manufacturing approach.\n\nGeomax Rubber Innovative Products focuses on developing sustainable rubber materials and innovative footwear solutions. Using their patented green recycling technology, they transform rejected nitrile rubber gloves into eco-materials that can be incorporated into durable, functional footwear. Their Fosser Eco Safety Footwear and FOMULA Eco Footwear have received the SIRIM Eco Label and MyHijau Mark, respectively, demonstrating their commitment to sustainable product development and customer confidence in their solutions.",
  "summary": "These Emerging Enterprise Sustainability Award finalists innovate commercially viable products and technologies that contribute to a greener economy",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}