31 May '12, 7am

Singapore sets up Asia's first industrial re-manufacturing R&D centre

SINGAPORE: Singapore has set up Asia's first centre to drive value-added re-manufacturing activities that can be readily adopted by industry. The Advanced Remanufacturing & Technology Centre (ARTC) will look into research and development (R&D) to develop technologies for re-manufacturing. 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. It also aims to cut cost and materials, and even generate higher profits. In remanufacturing, recovered parts or products are transformed through disassembly, cleaning, testing and other operations into "like-new" products which will then be re-introduced to the markets. Six industry leaders have signed a Memorandum of Understanding with the centre to look into R&D to bridge technological gaps in re-manufacturing for the aerospace,...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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