This business is growing in sectors as diverse as IT equipment, automotive components, printer cartridges, medical devices, aviation, tyres, wind turbines, rail and many more.
Acknowledging the opening of a new Chinese Demonstration Base for Remanufacturing in Hebei Province, the Director signed MOU's in March 2018 to give members access to the facilities and access to new trade opportunities in China.
And to create an equivalent centre of expertise in Europe, an initiative is underway to work with partner organisation RAI in Amsterdam and with academic partner Erik Sundin of Linkoping University to expand the existing ReMaTec trade show into a multi-sector event.
In the 1990's less than 5% of waste was recycled. Now, who would question a 50% performance?
Remanufacturing offers much larger energy and material savings than recycling yet in 2016 less than 3% of manufacturing sales were from remanufactured products.
The ambitious aim is to bring together OEM's and third parties to make remanufacturing a normal part of product life cycles. After all, remanufactured components and products are #BetterThanNew