Remanufacturing: Difference between revisions

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In 2004, the EPA published its third CPG update (CPG IV) which designated seven additional products and revised three existing product designations. One of the new product categories to be added was Rebuilt Vehicular Parts.<ref>{{cite web|url=http://www.epa.gov/osw/conserve/tools/cpg/products/vehicle.htm|title=Rebuilt Vehicular Parts|website=[[United States Environmental Protection Agency]]|archive-url=https://web.archive.org/web/20130103224136/http://www.epa.gov/osw/conserve/tools/cpg/products/vehicle.htm|archive-date=January 3, 2013}}</ref> The EPA defines rebuilt vehicular parts as "vehicle parts that have been '''re-manufactured''', reusing parts in their original form. Rebuilt parts undergo an extensive '''re-manufacturing''' and testing process and must meet the same industry specifications for performance as new parts."
 
In the UK, a market potential of up to [[Pound sterling|£]]5.6 &nbsp;billion GBP has been identified in remanufacturing, with the benefits said to be improvement to business margins, revenues and security of supply.<ref>[http://www.carbontrust.com/news/2014/12/supply-chains-shaping-business-models-of-the-future "Supply chains are shaping the business models of the future"], ''[[The Carbon Trust]]'', 17 December 2014. Retrieved on 20 January 2015.</ref>
 
==Other forms of product recovery==