Lucite International (LI) is partnering with the Royal Academy of Engineering’s Engineering for Growth campaign to highlight the massive contribution engineering makes to innovation and the UK economy.
The company is collaborating with other leading technology firms, engineering bodies, and the government to demonstrate the economic impact and societal benefits delivered by engineering, which contributes £481bn in added value to the UK economy and employs over 5.4m people.
Engineering for Growth, and its partners, aim to support growth in UK businesses where engineering plays a fundamental role. It also aims to promote careers within the profession and identify and debate some of the biggest challenges facing UK engineering today and in the future. These include addressing the engineering skills gap, ensuring the UK has a well funded and world-class research base and cultivating an entrepreneurial culture to help new ideas translate into marketable products and services.
Ian Lambert, Lucite International CEO, said: “Lucite International (part of the Mitsubishi Rayon Group) wholeheartedly supports the ethos and objectives of the Royal Academy of Engineering’s Engineering for Growth campaign and is delighted to be a partner in this initiative.
“Engineering excellence is one of the cornerstones of Lucite International’s business success both in the UK and at our manufacturing sites around the world. As such, we are particularly keen to encourage more young people to choose engineering as their future career.”
One of the Engineering for Growth flagship initiatives is the Academy’s Enterprise Hub, established to bring about a step change in the success of high-potential UK-based technology businesses and their contribution to economic growth. The Enterprise Hub provides mentoring and support for start-ups and growing SMEs and, to date, 70 of the UK’s top technology entrepreneurs and business professionals have pledged their time as mentors.
Other planned activities include debates and roundtables addressing key issues, research into the challenges highlighted, and a programme of MP visits to some of the UK’s brightest and most promising engineering companies.
Sir John Parker, President of the Royal Academy of Engineering, said, “We must do all that we can to raise awareness and debate on the urgent need to both plug the engineering skills gap and create a climate that enables research, innovation and entrepreneurship to flourish in the UK. This is the rationale behind the Engineering for Growth campaign.
“Support for the campaign from some of the UK’s leading businesses and institutions has been excellent.”
Lucite International is proud to feature as a case study in the Engineering for Growth campaign document for its commitment to sustainability, highlighting the company’s pioneering introduction of biomaterials as feed-stocks and development of Alpha technology – a completely new route to MMA production based on readily available raw materials – with the subsequent cutting of waste and emissions.
More information on Lucite International’s commitment to sustainability can be found here.
More information on the Engineering for Growth campaign can be found here.