The European Remanufacturing Council (ERC), a new industry-led body, was launched on Friday (27 January) to represent businesses currently producing £25.5bn (€29.8bn) worth of remanufactured goods that contribute to the circular economy. By raising policy awareness at an EU level, the ERC aims to increase the proportion of goods that achieve extended life through remanufacturing, from the current rate of 2% to 5%.
The Council was borne out of the Horizon 2020-funded European Remanufacturing Network (ERN), operated by UK-based research and consultancy group Oakdene Hollins.
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The UK is one of the four leading remanufacturing countries in Europe, alongside Germany, France and Italy.