Recycling companies can benefit from a new network that has been set up for businesses, research and technology organisations and universities in the manufacturing industry.
As global markets become ever more competitive, the Materials Knowledge Transfer Network (MKTN) has been created with more than £11 million of funding from the Department of Trade and Industry over the next three years.
The facility was launched at the Science Museum by Lord Sainsbury, who said: “the MKTN will bring together industry and research expertise, and as a result make the best use of resources and spread best practice. It will provide a one stop shop for unsurpassed materials advice to UK manufacturing and service providers.”
In a £200 billion sector that contributes 15% to the nations GDP and employs one and a half million people, the MKTN is an important element in the Government’s aim to consolidate the UK materials industry as one of today’s key drivers for a successful manufacturing industry.
Lord Sainsbury added: “Collaboration is the key to the UK retaining its position at the cutting edge of science and innovation. We must focus on the transfer of knowledge and the application of research, and the creation of a MKTN is a major step towards reaching that goal.
“With manufacturing sector competition growing very rapidly, particularly from developing countries, this sharing of information, research and innovation will help give UK companies a competitive edge.”
More information on the MKTN is available at www.materialsktn.net.