Process and product innovation will be vital if the UK Metals Industry is to grow and thrive. However, research shows many companies, and SMEs in particular, do not value research and development (R&D). This is due to the cost, the perceived high rate of failure and the lack of quick returns on investment.
To achieve the Industry’s 2030 vision, a forward-thinking, collaborative approach to R&D needs to embed innovation throughout the industry, from the smallest company to the largest organisation.
To realise its vision of innovation, the UK Metals Industry has developed a three-part action plan to address risk aversion among SMEs, to encourage better coordination and to build strong connections across the sector.
The UK Metals Industry will seek proposals regarding better funding frameworks for large-scale breakthrough technology demonstrations. Where necessary it will work with other sectors and seek cross-sector opportunities for clustering, for example for Carbon Capture and Storage (CCS).
To encourage innovation, commitments sought from policymakers may include:
To promote innovation, it is envisaged that an SME pilot scheme will be launched by the end of 2015, with some 20 SMEs being supported through additional industry’s initiatives
12/02/19 - New Team at UK Metals Council
Member of the UK Metals Council, UKMC, gathered in the Midlands for their regular meeting. The meeting welcomed Simon Juden, who is the new Strategic Director for the UKMC.
12/02/19 - Resource and Waste Strategy Response
The UK Metals Council (UKMC) welcomes the recent publication of the Government’s Resources and Waste Strategy. The document focuses predominantly on the challenges of single-use plastics, the confusion over household recycling, issues with packaging, food waste and waste crime, and as such, has much to commend it.
18/12/18 - Materials Processing Institute CEO to become Chair of leading UK industry body
Chris McDonald, CEO of the Materials Processing Institute, has been elected to a significant position that will play a crucial role in the future of the UK’s metals sector.Mr McDonald has been named Chair of the UK Metals Council (UKMC). He will formally take over the position in March 2019, after being voted in as Chair at the latest UKMC Board Meeting, in November.