SINGAPORE, 24 MARCH 2011 - Singapore's precision engineering industry is being equipped with advanced technologies to gain further ground in the oil and gas, aerospace and medical technology industries.
The latest strategies have been outlined by the Singapore Institute of Manufacturing Technology (SIMTech), a research institute of the Agency for Science, Technology and Research (A*STAR).
In an official announcement, SIMtech said the plans were intended to ride on the back of Singapore's strong 10.5 per cent growth in the manufacturing sector in 2010.
The research institute said the three initiatives, outlined at the MTA 2011, a major Southeast Asia biennial precision engineering trade event at Singapore Expo this week, provide research and development platforms, technical expertise and facilities which the small and medium enterprises (SMEs) within the PE industry can leverage on.
SIMtech said the oil and gas initiative develops and equips the PE companies with the critical processes needed to produce high value oilfield equipment products, tools and components.
Attracting equipment manufacturers
"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," the statement said. "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 U.S., Germany, U.K., Japan and Singapore."
In the aerospace industry, taking a multinational corporation-led approach, SIMtech said a research consortium has been 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 facilities 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," the statement said.
SIMtech said 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.
"Precision engineering 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," the statement said.
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, says SIMtech.
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