NEWS
New Sweco report : Europe ’ s green transition towards a resilient industry sector
S weco ’ s latest expert report outlines the progress of European industries in their efforts to become more resilient and move toward net zero . The steel industry is at the forefront , followed by the cement industry . The chemical and transport industries are also in the process of transforming toward net zero . As significant investments are made and new technologies such as hydrogen , CCS , and electrofuels are tested on an industrial scale , the report presents opportunities and risks for companies and decision makers to consider . number of reasons why this is happening right now : Higher prices for CO 2 emissions , new investments , regulations , the EU Net-Zero Industry Act and stronger demand for sustainable products from end customers ,” said Erik Skogström , Division Director Industry and Energy at Sweco in Finland .
Urban Insight is a series of insight reports written by Sweco experts on various aspects of urban development from a citizen perspective . The new report is available here .
The industry sector is responsible for 25 – 30 % of total global CO 2 emissions and companies and countries are now investing heavily to transform their operations . Demand for industrial products is expected to increase significantly over the next three decades – steel by 30 %, cement and ammonia by 40 %, and aluminium by 80 %. Companies in those hard-to-abate-industries are now required to deliver on that demand in a sustainable manner .
“ Sweco ’ s analysis is based on the Leadership Group for Industry Transition ( LeadIT ) database and shows that Europe is taking the global lead in the green transition of the industry sector , as 95 % of the full-scale projects in cement worldwide are conducted in Europe , as well as 61 % of all fossil-free steel projects . There are a
HKPC and HP launch joint technology centre in Hong Kong on advanced 3D printing
H ong Kong Productivity Council ( HKPC ) and HP has signed a collaboration agreement to establish the HKPC-HP 3D Printing Technology Centre in Hong Kong for application research development on additive manufacturing , also known as 3D printing . The centre aims to become a pilot transformation base , applying advanced 3D printing technologies to empower various industries , sharpen their competitive edge , and foster the development of high-value strategic industrial chains . It will also accelerate Hong Kong ’ s pioneering effort in micro-factory and new industrialisation development , offering important references and inspiration worldwide in the pursuit of innovative and sustainable development .
Clean , digitally powered 3D printing generates minimal waste and a minimal carbon footprint . This aligns with global goals of achieving green and sustainable development , while also promoting long-term economic growth through sustainable industries .
In the future , the Centre , with its focus on customisation and precision , can be a game-changer in meeting the demand for hard-to-source parts , complex structures , patient-specific implants and other tools . This will enable enterprises , especially small and medium enterprises , to leverage advanced 3D printing technology and produce high-value , customised goods that can respond to market-specific demands in real-time , offering new levels of flexibility and efficiency that conventional factories are unable to meet .
In the ceremony , Professor Dong SUN , JP , Secretary for Innovation , Technology and Industry , HKSAR Government , said : “ The establishment of this 3D printing technology centre is undoubtedly a good answer to show how we make use of state-of-the-art technology to promote advanced manufacturing and new industrialisation in Hong Kong . I am confident that Hong Kong ’ s manufacturing industry will reach new heights , and ‘ Made in Hong Kong ’ will continue to be a reputable and brilliant international brand .”
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