News: Praise for European Commission commitment to remanufacturing
The All-Party Parliamentary Sustainable Resource Group (APSRG) welcomed the European Commission commitment to remanufacturing in the Circular Economy (CE) package announced on 2 December.
Monday, 7th December 2015
APSRG co-chair and Labour MP Barry Sheerman said that for remanufacturing "to reach its full potential, however, it needs to be properly and legally defined, so I am delighted that the Commission has adopted the definition of remanufacturing as used by APSRG."
Sheerman also said that he was pleased that "the Commission is committed to supporting these promising developments through its research and innovation financing programme, Horizon 2020, as well as through cohesion policy funds."
The APSRC valued remanuacturing in the UK at £2.4bn in 2014 with the potential to increase to £5.6bn, through the creation of thousands of skilled jobs. Remanufacturing also reduces greenhouse gas emissions, material use and water consumption when compared to new manufacture.