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Tata Steel, The Henry Royce Institute Sign MoU to set up a Centre for Innovation in Advanced Materials

Mumbai, December 13, 2023

~ Tata Steel commits £10 million over four years to joint R&D initiative with The Henry Royce Institute ~

~ Collaboration focusses on Medical Materials, 2D Materials, and second-life materials with an emphasis on reuse and recycling ~

Tata Steel has signed a Memorandum of Understanding (MoU) with The Henry Royce Institute for Advanced Materials, Manchester, UK, to set up a Centre for Innovation in Advanced Materials. The two entities are joining forces on a collaborative research and development programme which will see Tata Steel investing £10 million over four years. The Centre for Innovation will be set up at the Institute’s headquarters at the University of Manchester.

The new Centre aims to link up on Advanced Materials with the broader UK innovation eco-system involving multiple universities, catapult centres and the National Health Service. The research programme will get the benefit of participation of leading academics and technologists of the broader eco-system through the partner network of the Royce Institute.

Tata Steel has a growing business in composites, graphene, and medical materials. The research programme at the Centre will not only focus on pushing the knowledge boundaries in these materials, but also explore 2D and second-life materials. Establishing recycling technologies for materials will be an integral part of materials development.

T. V. Narendran, CEO & MD, Tata Steel, said: “The establishment of the Centre for Innovation in the UK represents a strategic move for Tata Steel towards harnessing the global technology and innovation ecosystem. The Centre at Royce will enable us to work with world-class scientists and a rich partner network to create sustainable, breakthrough, market-ready applications for the benefit of both the Company and the community. Tata Steel is committed to developing pioneering technologies and solutions for a better tomorrow."

Dr Debashish Bhattacharjee, Vice President, Technology and R&D, Tata Steel, said: “We have set up Centres for Innovation in India in key areas like Mobility, Mining, Mineral Research, and Advanced Materials. The Centre for Innovation in Advanced Materials at Royce is one of the first of Tata Steel’s multiple global satellite R&D and Technology centres planned in key strategic areas. I am enthusiastic about this collaboration which aligns seamlessly with Tata Steel's pursuit of technology leadership and building future ready businesses by exploring opportunities in materials beyond steel.”

Professor Dame Nancy Rothwell, President and Vice-Chancellor of The University of Manchester, said: “We are really pleased that Tata Steel is establishing this Centre for Innovation here in Manchester, truly leveraging our world-class expertise in advanced materials. Importantly, this excellent Centre will combine the capability of the University of Manchester’s leading materials researchers with the commercial expertise of Tata Steel and is set to deliver a very productive innovation-based relationship for both the University and the company.”

Professor David Knowles, Royce CEO, said: “This important Royce collaboration with Tata Steel further underscores the opportunities for advanced materials and manufacturing both in the North West and across the UK – securing the experience and reach of a global player in materials manufacturing to further accelerate the translation of materials-based technologies to address challenges in health, sustainability and net-zero. Critically the Centre leverages on Royce’s national network of Partners to support a project which has a foot in the North West. We are looking forward to this programme building momentum for the region and feeding into a number of national supply chains supporting regional economic growth around the UK.”

This collaboration aims to strengthen the existing robust relationship between the organisations, capitalising on Tata Steel's extensive expertise in technology translation and commercialisation, complemented by Royce's strengths in science and innovation within advanced materials. Additionally, this initiative will also enable the Royce Hub at Manchester to leverage their key Royce Partners which include the Universities of Cambridge and Sheffield, and Imperial College London under this MoU.

About the Henry Royce Institute

The Henry Royce Institute (Royce) is the UK’s national centre for research and innovation for advanced materials. Royce was established to ensure that the UK remains at the forefront of materials research and exploitation through collaborations with industry and academia, and by providing access for the UK materials community to state-of-the-art equipment and facilities. Research undertaken at Royce tackles some of the most pressing challenges facing today’s society, from providing energy for future cities to decarbonisation and new recyclable materials. Our materials research facilities and expertise are available to academia and industry alike.

About Tata Steel

  • Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum.
  • It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world.
  • The group recorded a consolidated turnover of ~US$30.3 billion in the financial year ending March 31, 2023.
  • A Great Place to Work-CertifiedTM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.
  • Tata Steel has announced its major sustainability objectives including Net Zero Carbon by 2045, Net Zero Water consumption by 2030, improving Ambient Air Quality and No Net loss in Biodiversity by 2030.
  • The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making by 2025’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants.
  • Tata Steel aspires to have 25% diverse workforce by 2025. The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.
  • The Company has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.
  • Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteelTM Certification.
  • Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2023 Steel Sustainability Champion recognition from worldsteel for six years in a row, 2022 ‘Supplier Engagement Leader’ recognition by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, Ranked as the 2023 most valuable Mining and Metals brand in India by Brand Finance, and ‘Most Ethical Company’ award 2021 from Ethisphere Institute.
  • Received 2023 ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk’ - Metals & Mining Sector recognition at The India Risk Management Awards for the seventh consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.

Photographs: Management and Plant facilities

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