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Yokogawa Engineering Asia has announced the launch of the Sustainability Incubation Hub (SIH) a corporate Research and Development (R&D) hub in Singapore dedicated to driving environmentally sustainable innovations in process manufacturing. Yokogawa states that the establishment of SIH demonstrates its dedication to fostering sustainable growth by prioritizing net zero emissions, a circular economy, and well-being, thereby aiding the industry's shift toward a low-carbon economy.
As a regional hub for innovation, the Sustainability Incubation Hub fosters collaboration and co-creation across Southeast Asia, Oceania, and Taiwan, leveraging Yokogawa’s network to identify, evaluate, and acquire sustainable manufacturing technologies. It will also cultivate strategic partnerships with public agencies, regulatory bodies, and technology suppliers at all stages of development—from research institutions to startups and SMEs—creating new ecosystems and enhancing existing ones.
Closing the Gap
The SIH aims to serve as a sustainability growth engine to bridge the gap between the present and future solution needs in creating cutting-edge climate technology for the process manufacturing industry. This will enable the industry to define, plan, and meet sustainability goals and address global challenges.
“We recognize the need to raise the level of climate change action in the region. To support this move, we will invest over SGD 6 million (USD 4.5 million) in establishing SIH. Through the new hub, we will apply our expertise to drive sustainable innovations across industries to close the gap between ideation and application,” said Chay Kin Wah, President and CEO of Yokogawa Engineering Asia.
Meanwhile, Saurabh Bhandari, Lead of SIH commented, “We need to be close to our customers to help them succeed. This means knowing the challenges they are facing intimately so that we can better address their unique needs on the ground. Our strategic location enables us to gather critical insights and talents in the region for rapid creation and deployment of innovations at scale for our global customers.”
Left to right: Yousuke Ishii, Head of Innovation Center, Yokogawa Electric Corporation; Chay Kin Wah, President and CEO, Yokogawa Engineering Asia; and Lim Tse Yong, Senior Vice President and Head of Mobility and Industrial Solutions, EDB
50 Years in Singapore
This year—2024, Yokogawa celebrates its 50th anniversary in Singapore as well as the 20th year of its Singapore Development Centre (SGDC) operations. Growing together with Singapore and customers globally, SGDC has expanded its operations to over 100 Yokogawa innovators exploring co-innovation, digital transformation, and AI solutions.
Co-located with the SGDC, the SIH is established in partnership with the Singapore Economic Development Board (EDB) and provides a crucial platform for Yokogawa to collaborate with customers and partners in the region and beyond to develop and deploy frontier technologies to accelerate their energy transition to net zero future.
“Congratulations to Yokogawa on its 50th anniversary in Singapore. The launch of the Sustainability Incubation Hub builds on this longstanding partnership and is a good example of how Singapore can serve as an innovation hub for green and sustainability solutions. We look forward to the collaborations this Hub will foster with our ecosystem, as well as the impactful solutions this Hub will develop for the region,” said Lim Tse Yong, Senior Vice President and Head, Mobility and Industrial Solutions, EDB.