.

        IMA

BASF acquires filament producer Innofil3D

Innofil3D.jpg

German chemicals firm BASF, which recently set up its BASF 3D Printing Solutions unit for 3D printing http://www.injectionmouldingasia.com/aug2017/basf-jumps-on-the-3D-printing-bandwagon.html, has acquired 100% of filament producer Innofil3D, headquartered in Emmen, Netherlands. Approval from antitrust authorities is not required.

“With this acquisition, BASF is moving one step further along the value chain and can now provide not only plastic granulate for 3D printing but also the next processing level: the filaments,” said Volker Hammes, Managing Director at BASF New Business.

Innofil3D is a leading producer of high-value customised filaments (long, thin plastic fibres) that are used in fused filament fabrication, a special 3D printing process that manufactures items layer by layer from meltable plastic. The functionality of the printed item is determined not only by the plastics, but also by the consistently high quality of the filaments. The Dutch company’s product range will add thermoplastic filaments for 3D printing to BASF’s portfolio.

“Following the recently announced establishment of BASF 3D Printing Solutions, based in Heidelberg, Germany, this is another important step in strengthening our 3D business,” explained Hammes.

Innofil3D will continue its current business activities and will also become a key development and production platform for filaments.

“Innofil3D’s well-filled product pipeline in combination with BASF’s plans to develop high-performance filaments will form an important foundation of BASF’s solutions for layered 3D printing,” said Hammes. The experienced and successful Innofil3D team will further strengthen the BASF 3D Printing Solutions team.

“We are very happy to be part of BASF. One of the first immediate advantages is that this will accelerate the further development of the newest filament technologies, making us even better able to help our customers be successful now and in the future,” explained Jeroen Wiggers, Managing Director of Innofil3D.

BASF New Business GmbH (BNB) searches out long-term trends and innovative topics in industry and society as well as future markets, analyses their growth potential and checks whether potential new business areas are suitable for BASF. The activities are focused on the client sectors transportation, building and construction, consumer goods, health & nutrition, electronics, agriculture and energy & resources where new business opportunities outside of the existing businesses of BASF are identified. The most promising topics are built up as new business areas for BASF by the subsidiary. It concentrates on new chemical-based materials, technologies and system solutions.

(IMA)


Copyright (c) 2016 www.injectionmouldingasia.com. All rights reserved.