Benefits to Europe

 

Mu-Tool will provide significant benefits to our industry. The main benefits to Europe will be in terms of improving competitiveness of important manufacturing sectors (e.g. transport and materials), maintenance and creation of skilled jobs; energy saving in several related industries; reduced reliance on imported energy and reduced green house gas emissions. Considering the demand for fiber reinforced composite products has suffered due to a combination of current economic conditions and competition from low labor cost countries, maintaining jobs in these sectors of interest should be regarded as a top priority. Decreasing the manufacturing costs of engineering composites has the potential to provide much more competitive advantages in comparison with other materials. Hence, this could lead in overall increases in demand, which will in turn help our sector to gain new business opportunities and attain a sustainable expansion in the following years.