Jurong Township, Singapore, March 29, 2012 /PRNewswire/ — In its continuing efforts to promote the benefits of remanufacturing, Caterpillar Inc. (NYSE: CAT) this week hosted representatives from several Asia-Pacific Economic Cooperation (APEC) member economies at its newest Cat Reman® facility in Singapore. The tour was part of a meeting of APEC’s Market Access Group where industry and government experts from all 21 APEC economies learned more about how remanufactured goods are returned from end-of-life products to same-as-new specifications.
“It’s crucial that countries around the world embrace remanufacturing as a business that not only provides customers with another option when repairing, replacing or upgrading their equipment, but also as a business that provides significant economic and environmental benefits,” said Greg Folley, Caterpillar vice president with responsibility for the Remanufacturing & Components Division. “Take our Singapore Reman facility as a prime example. We opened it in May 2011, as the regional source for remanufactured major components to serve Asia’s mining industry. In less than a year, it has recycled more than two million pounds of end-of-life iron, using between 85 and 90 percent less energy than if those same components had been made new.” Read more
A*STAR Ups Collaborative R&D in Green Technologies to Spur the Growth of Eco-friendly Industries [Press Releases]
To spur the growth in eco-friendly industries, A*STAR’s research institute, SIMTech, is spearheading a slew of R&D initiatives in green technologies in collaboration with Nanyang Technological University (NTU) and National University of Singapore (NUS). Three Joint-Labs with NTU to develop technologies relevant to Remanufacturing are set up and Remanufacturing and Green Packaging Initiatives for industry are rolled out.
SINGAPORE, 16 November 2011: The Singapore Institute of Manufacturing Technology (SIMTech), a research institute of the Agency for Science, Technology and Research (A*STAR), is taking on the challenge of green manufacturing by spurring R&D collaborations on remanufacturing technologies with NTU and NUS as well as launching initiatives to grow eco-friendly industries .
Investing in 10 New Projects in Remanufacturing Technologies
2. SIMTech is engaging with NUS and NTU on 10 new projects to jointly develop competitive remanufacturing technologies for Singapore’s manufacturing companies. This is the first such instance of significant investment in remanufacturing projects by the Science and Engineering Research Council (SERC) of A*STAR. The projects were awarded by SERC in September 2011. Read more