Sustainability

Fremont, Calif. – October 03, 2026 -- Power Knot LLC's regional arm, Power Knot Middle East (PKME), has been named a THE BIZZ 2026 Winner by the World Confederation of Businesses (WORLDCOB), recognizing its food waste management work across the UAE and wider Gulf region.

PKME's biodigester converts food waste to wastewater within 24 hours

The company's LFC biodigester uses microorganisms and oxygen to break down organic waste on-site, eliminating the need for storage, collection, and off-site disposal. The automated system targets commercial kitchens and facilities seeking to cut waste-handling costs and improve hygiene standards.

WORLDCOB evaluates winners across five criteria spanning 130-plus countries

THE BIZZ Awards assess business leadership, management, quality, innovation, and corporate social responsibility. PKME's win places it among a global network of companies recognized for operational excellence in 2026.

Pune, India – October 02, 2026 -- The global hydraulic fluid market is set to grow from $9.13 billion in 2025 to $11.91 billion by 2034, a 3% compound annual growth rate, as construction, mining, and industrial operators shift toward biodegradable and fire-resistant formulations, according to a new analysis from Maximize Market Research.

Bio-based oils capture 36% of the base oil segment in 2025

Stricter environmental regulations and demand for equipment-friendly performance pushed bio-based oil to the leading share of the base oil category, ahead of synthetic and mineral oil alternatives still favored for high-stress applications.

San Francisco – – October 02, 2026 -- GoodLeap, LLC has closed a $434 million securitization backed solely by home improvement loans it originated, marking the sixth such issuance for the fintech lender.

GoodLeap Home Improvement Solutions Trust 2026-2 secures $434 million in principal balance

The transaction, GoodLeap Home Improvement Solutions Trust 2026-2, was sponsored by Bank of America, N.A., with BofA Securities, Inc. acting as sole structuring agent. Kroll Bond Rating Agency and Fitch Ratings both rated the securitization. Goldman Sachs & Co. LLC, CIBC World Markets Corp., and Citigroup Global Markets Inc. served as joint bookrunners.

Delray Beach – October 02, 2026 -- The global emulsifiers market is projected to climb to USD 18.15 billion by 2031, up from USD 12.15 billion in 2026, expanding at a compound annual growth rate of 8.4%, according to MarketsandMarkets.

Food applications drive demand as processed food consumption rises worldwide

Food emulsifiers are set to post the fastest growth within applications, at an 8.9% CAGR, as manufacturers use the ingredients to stabilize bakery goods, dairy products, margarine, sauces, and plant-based foods. Rising demand for low-fat, low-calorie, and clean-label products is pushing producers to rely on emulsifiers to maintain texture and shelf life without added fats or calories.

Pune – October 01, 2026 -- The global water electrolysis market reached USD 7.43 billion in 2025 and is projected to climb to USD 12.66 billion by 2034, a 6.1% CAGR through the forecast period, according to a new report from Maximize Market Research (MMR).

Installed electrolysis capacity more than doubled to above 4 GW in 2025

Global installed electrolysis capacity surpassed 4 GW last year, with over 2.5 GW under construction and targeting operation in 2026. Capital spending on low-emissions hydrogen projects reached nearly USD 7 billion in 2025, almost double the 2024 figure, with electrolysis-based projects capturing the larger share of that total.

Pune, India – October 01, 2026 -- The global electroplating market reached USD 16.45 billion in 2025 and is forecast to climb to USD 21.26 billion by 2034, growing at a 2.89% CAGR from 2026, according to new research from Maximize Market Research. Demand for corrosion-resistant, conductive and durable metal coatings across automotive, electric vehicles, electronics, aerospace, defense and medical devices is driving the expansion.

Asia Pacific dominates plating demand on automotive and electronics output

Asia Pacific led the market in 2025, underpinned by large-scale vehicle, PCB, connector and industrial equipment production across China, Japan, India and South Korea. North America and Europe remain significant, fueled by aerospace, defense and industrial applications alongside adoption of trivalent chromium and advanced wastewater-treatment systems to meet tightening environmental rules.

Pune, India – October 01, 2026 -- The global elastomers market is projected to grow from $104.73 billion in 2025 to $149.19 billion by 2034, a compound annual growth rate of 4.01% through the forecast period, according to Maximize Market Research.

BASF starts commercial TPU production in Shanghai to serve China's EV and robotics demand

In April 2026, BASF began commercial production of its Elastollan flame-retardant thermoplastic polyurethane (TPU) grade in Shanghai, expanding local supply for robotics, industrial automation and EV charging cable applications. The move strengthens China's position as a major hub for specialty elastomer production and consumption.

Gastonia, N.C. – October 01, 2026 -- Parkdale, Incorporated's subsidiary, Parkdale Advanced Materials, Inc., has acquired full ownership of CiCLO® technology, a patented biodegradable textile ingredient aimed at reducing microplastic fiber persistence in the environment.

Parkdale expands CiCLO beyond apparel into nonwovens, geotextiles and filtration

CiCLO technology has an established presence in apparel, home and hospitality textiles, sold through brands including Target, Walmart, Costco, Black Diamond, Stella McCartney, IHG Hotels, Billabong, Hanes and McDonald's. Parkdale now plans to push adoption into adjacent synthetic-fiber markets, including nonwovens for industrial and hygiene products, geotextiles, filtration, insulation and furnishings.

Washington – October 01, 2026 -- Diego Mesa Puyo began a four-year term as CEO and Chairperson of the Global Environment Facility (GEF), taking charge of the world's largest public environmental funder as it opens its GEF-9 cycle backed by more than $4.3 billion in initial donor pledges for 2026-2030.

UK adds £330 million to GEF-9 replenishment as total donor commitments pass $4 billion

The UK government pledged £330 million to the fund last week, pushing country commitments to the ninth replenishment above $4 billion. The capital will finance environmental protection and restoration programs through 2030, with deepened support planned for Least Developed Countries and Small Island Developing States, alongside expanded engagement with Indigenous Peoples and local communities.

Rome – October 01, 2026 -- Bridgestone Americas will become the sole tire supplier for the ABB FIA Formula E World Championship starting with the 2026/27 Season, equipping the fastest car in the series' history.

GEN4 car hits 208 mph with 815bhp, demanding new tire engineering

The new GEN4 racing car accelerates from 0 to 62 mph in 1.8 seconds, reaches a top speed of 208 mph and delivers 600kW (815bhp) of peak power with permanent active all-wheel drive. Bridgestone developed the POTENZA GEN4 tire specifically to handle this performance increase, offering high grip, durability across full race distances and adaptability to varied global road and weather conditions.