Cat supports remanufacturing in China
Caterpillar Inc. and China’s National Development and Reform Commission (NDRC) signed a letter of intent at a mid-September ceremony in Beijing, to promote the development of China’s remanufacturing industry.
“Remanufacturing is a highly sophisticated form of recycling that takes end-of-life components and turns them into like-new products for a fraction of the cost,” said Caterpillar group president Stu Levenick.
As part of the letter of intent, Caterpillar will provide expertise to assist NDRC and Chinese research institutions in supporting the development of remanufacturing in China. Caterpillar Remanufacturing Services is the first wholly owned foreign entity to receive a remanufacturing licence in China. To support its Chinese customers, dealers and other customers in the Asia Pacific region, Caterpillar recently opened a regional remanufacturing centre in the Lingang Industrial Area in Shanghai.
Caterpillar is a global leader in remanufacturing technology. In 2005, customers returned 61.2 million kg of components to Caterpillar Remanufacturing Services. Close to 70% of those 2.2 million end-of-life units were remanufactured to produce Cat Reman products, with the remaining percentage recycled. More information is available at www.Cat.com.