Our global research and technology development network actively develops new technologies, products and service solutions to meet our customers' needs.
Metso’s global research and technology development network includes approximately 20 locations around the world. A significant number of our research and development work is carried out in a collaboration with a network of customers, research institutions, universities and other partners.
Our research and development expenses in 2017 totaled EUR 27 million, i.e. 1.0 percent of sales (2016: EUR 34 million or 1.3%). During 2017 our research and technology development network made 69 invention disclosures resulting in 18 priority patent applications. As of the end of 2017, Metso had 300 inventions that were protected by patents.
All new research and development projects have sustainability targets
According to our sustainability strategy, each of Metso’s new research and development projects launched starting 2016 has to set sustainability targets, concerning environmental efficiency and/or product safety innovation. Once these research and development projects are closed, targets will be verified. This is also one way to further develop our responsiveness on customer expectations and fulfilling their needs. Working together to re-invent the way our customer industries use resources, control emissions and use their surroundings is a joint effort for us and our customers.
In 2017, 84 percent of Metso research and development projects had sustainability targets for projects; 74 percent of projects had environmental targets and 49 percent had safety targets.