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| Wednesday, 23 March 2011, 10:00 HKT/SGT | |
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Source: A*STAR | |
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SINGAPORE, Mar 23, 2011 - (ACN Newswire) - Riding on Singapore's strong 10.5% annual growth by the manufacturing sector in 2010, the Singapore Institute of Manufacturing Technology (SIMTech), a research institute of the Agency for Science, Technology and Research (A*STAR), aims to help the Precision Engineering (PE) industry soar to greater heights by equipping the industry with innovative and advanced technological capabilities to migrate into the specialised oil & gas, aerospace and medical technology (medtech) industries.
SIMTech initiatives and technologies for the oil & gas, aerospace and medtech industries are showcased at MTA 2011, a leading Southeast Asia biennial precision engineering trade event from 23 - 26 March 2011 at the Singapore Expo. The three initiatives provide research and development platforms, technical expertise and facilities which the Small and Medium Enterprises (SMEs) within the PE industry can leverage on.
The Precision Engineering Centre of Innovation (PE COI), a national resource located at SIMTech, is proactively developing new initiatives and technologies to upgrade the PE SMEs.
A) Oil & Gas Initiative
The Oil & Gas initiative develops and equips the PE companies with the critical processes needed to produce high value oilfield equipment products, tools and components. The initiative aims to develop indigenous deep-hole gun drilling capabilities on exotic materials to attract a new range of high performance and corrosion resistant oilfield equipment manufacturers to Singapore. Twenty two companies - including oilfield equipment manufacturers, equipment builders, gun drill manufacturers and sensors/lubricant manufacturers are participating in an International Gun Drilling Benchmarking Project led by SIMTech with participants from the USA, Germany, UK, Japan and Singapore.
B) Aerospace Initiative
Taking a multinational corporation-led approach, a research consortium is formed by aerospace multinational and local companies to create niche capabilities in component and MRO manufacturing and non-destructive testing. Aerospace companies are able to capitalise on SIMTech's cutting edge facilties including CT X-ray for internal structure measurement, residual stress measurement system, material characterisation, robotic automation, ultra precision machining and cutter design to develop advanced manufacturing solutions.
C) MedTech Initiative
The medtech initiative, launched in October 2009 with 26 members, helps local companies venture into the growing medtech industry through a mix of value chain, technology and capability development projects. PE and electronics companies leverage on this initiative to carry out strategic research and development of medtech technologies through alliances with different industry players in the medtech value chain at lower risks and costs. Driven by SIMTech and supported by IE Singapore, Singapore Economic Development Board, SPRING Singapore and the Singapore Workforce Development Agency (WDA), Singapore Precision Engineering and Tooling Association and the Biomedical Engineering Society, the medtech initiative aims to diversify the capabilities of local manufacturing industries to medtech manufacturing and help them to overcome barriers in this shift.
Since its inception, the Consortium has 31 members. A Polymer Biomedical Product Design Collaborative Industry Project was completed. Six companies have gained competent capability in the design and manufacture of moulds and computer-aided simulation of moulding processes, specifically applicable to high value bio-medical devices. In capabilities enhancement, close to 60 industry engineers have completed the Workforce Skills Qualifications (WSQ) Graduate Diploma in Medtech Manufacturing jointly developed by SIMTech and WDA. Courses in Federal Drug Administration and European Union regulatory requirements, standardisation, characterisation and manufacturing were also held.
Dr Lim Ser Yong, SIMTech's Executive Director, commented: "The 3 initiatives showcased at MTA 2011 and implemented by PE COI are driven by industry needs. These efforts will shape the future of the PE industry to focus on high value-add and complex manufacturing, offering the PE industry a sustainable avenue for growth and development."
About the Singapore Institute of Manufacturing Technology (SIMTech)
The Singapore Institute of Manufacturing Technology (SIMTech) is a research institute of the Science and Engineering Research Council (SERC) of the Agency for Science, Technology and Research (A*STAR). SIMTech develops high value manufacturing technology and human capital to contribute to the competitiveness of the Singapore industry. It collaborates with multinational and local companies in the precision engineering, electronics, semiconductor, medical technology, aerospace, automotive, marine, logistics and other sectors. Please visit www.SIMTech.a-star.edu.sg for more information.
Contact:
Singapore Institute of Manufacturing Technology (SIMTech)
Ms Lee Swee Heng
Corporate Communications
+65-9620-3902
leesh@scei.a-star.edu.sg
Topic: New market for product
Source: A*STAR
Sectors: Gas & Oil, Science & Research, BioTech
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From the Asia Corporate News Network
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