The European Machine Tool Sector and the Circular Economy

The European Machine Tool Industry and the Circular Economy

CECIMO Circular Economy Report
Type
Author
CECIMO - The European Association of the Machine Tool Industry and related Manufacturing Technologies
Publication Date
April, 2019
Country
Belgium
Language for original content
Scope
Maitane Olabarria

CECIMO has published a report underlining how the shift towards a circular economy calls for a prominent role of manufacturing. Within it, the machine tool sector plays a crucial role. Machine tools already have multiple lifetimes and embrace some key principles of the circular economy. But there is always room for improvement.

The sector can invest in advanced manufacturing technologies, but also build upon the existing good practices. This would lead to improved productivity and resource efficiency, and consumers enjoying products that last longer and use less energy.

The report also makes recommendations to the industry and policy makers.