Visit the global automotive industry news blog with Asia automotive industry news and India automotive industry news.





GlobalAutoTV
Click to watch Daniel P. Malone -
Click to watch Daniel P. Malone -
asia resources


Need an office in Asia? Office suites, meeting rooms, virtual offices, network access



free downloads
ASIA: "India’s Draft Direct Taxes Code Bill 2009: Is the Mauritius Route Dead?" article

ASIA: "India’s Draft Direct Taxes Code Bill 2009: Is the Mauritius Route Dead? article. Article by Deloitte.

proceed to download
eJournals





back to index backASIAtalk June,  2012


Singapore opens first-of-its-kind remanufacturing R&D facility

A first-of-its-kind Advanced Remanufacturing & Technology Center (ARTC) has been established in Singapore. The facility is the first in Asia and will develop technologies for remanufacturing that can be easily adopted by the industry. These technologies will enable companies and businesses to translate end-of-life products into "good as new" ones for the market through a sustainable process, contributing to greater cost and materials savings and, potentially, higher profit margins.

Industry leaders Boeing, Rolls-Royce plc, Siemens Industry Software, ABB, FUCHS Lubricants and Carl Zeiss, have signed a Memorandum of Understanding with the Center to look into collaborative R&D to bridge technological gaps in remanufacturing for the aerospace, oil & gas, marine, energy, automotive and engineering industries.

ARTC will tap on A*STAR's Singapore Institute of Manufacturing Technology's (SIMTech) R&D expertise in automation, manufacturing systems and processes, as well as the strong capabilities of local universities such as Nanyang Technological University, to carry out R&D in production-ready technologies in the areas of repair and restoration, surface enhancement and product verification.

Eight local small and medium enterprises (SMEs) have also joined the Center to co-develop technologies along with leading multinational corporations (MNCs). By engaging local SMEs and MNCs, ARTC is encouraging leading companies to develop new high value manufacturing activities in Singapore while cultivating the local supply chain in this new growth area.

Raj Thampuran, executive director of the Science and Engineering Research Council, A*STAR commented, "The Advanced Remanufacturing & Technology Center will help industries realize remanufacturing's economic and environmental potential through public-private collaborative R&D. Member companies can leverage on our spectrum of relevant capabilities, advanced infrastructure and high quality talent, while at the same time contribute to value-added manufacturing activities here. The Center also represents the way in which high value manufacturing is advancing globally."

The Center is modeled after successful manufacturing R&D centers in the United Kingdom. It will provide a platform for local SMEs to work with global leading MNC's to develop their capabilities even in the early stages of product development, and enable them to seize business opportunities in remanufacturing.

Remanufacturing and its benefits
Remanufacturing is a sustainable process that involves transforming a recovered part or product through disassembly, cleaning, testing and other operations into like-new products to be reintroduced to the markets. Remanufactured products are tested and certified to meet technical and safety specifications of new products, and are therefore sometimes sold with warranties comparable to the original. The process is more efficient than recycling because it conserves not only the raw material content, but also retains much of the value added during the manufacturing of the product.

Remanufacturing is already commonly applied in the aerospace, marine, automotive and engineering industries. A report by Global Industry Analysts (GIA) predicts that the global automotive remanufacturing market is expected to reach $104.8 billion by 2015. In the USA, the remanufacturing industry constitutes $53 billion employing 480,000 workers.

Source: EE Times Asia - GAI



previous page

go top



search our site


Loading

ASIAtalk

Other articles from the same issue (June,  2012).

China’s Mid-Market Innovators
play read on

India: Auto companies turn to localisation
play read on

China Automotive Monthly: Executive Summary - May, 2012
play read on

India Automotive Monthly: Executive Summary - April, 2012
play read on

Asean Automotive Monthly: Executive Summary - April, 2012
play read on

Lending curbs stall Indonesian car boom
play read on

China-EV.org Blog: Another PHEV powertrain company looks to U.S. for funding and China for customers
play read on

Asia Pacific Economic Outlook — May 2012
play read on

Asian manufacturing weak on global worries
play read on

Tough times for China's exports warned
play read on

S. Korean manufacturers' biz sentiment falls for June
play read on

Thailand: Corruption, red tape holding back growth
play read on

China: Future foreign investment 'unpredictable'
play read on

India: Board set under Anand Sharma to boost manufacturing sector
play read on

India Manufacturing: Brief Introduction
play read on

Common supply links 'vital to Asean trade'
play read on

India: Retrospective taxation likely to spare most foreign M&A deals
play read on

China – New Government Policy Goal: More Collective Bargaining in the Private Sector
play read on

Robots lift China's factories to new heights
play read on

Dispute Resolution in Asia - Fourth Edition (Guide)
play read on

India: Foreign corporates having Liaison Office to file annual statement - New rules of the game
play read on

Chinese firms keep seeking overseas M&As
play read on

Non-linear models - Driving the next phase of growth for the Indian IT Industry
play read on

Video: India vs China: Which Asian Giant Is A Better Long-term PE Bet
play read on

Foreign investors flocking to Japan's crowded capital
play read on

Flexible Benefits: An Effective Prescription in China
play read on

Results of JETRO’s Survey on Business Conditions of Japan’s Small and Medium-sized Parts Suppliers and Their Status and Challenges for Asian Expansion
play read on

Domestic demand and global investment drive business in Indonesia
play read on

Housing prices in China cities down in May
play read on

Asian Airlines Hit by Weak Demand and Softening Rates
play read on

Singapore: one of the top targets for acquisitions by companies in emerging economies
play read on

KPMG's Taxation Guide on Singapore (2012)
play read on

Korea needs pro-expat law
play read on

Singapore, Asia’s Most Livable City
play read on

Singapore opens first-of-its-kind remanufacturing R&D facility
play read on

Asia update: global headlines
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120