BASF increases involvement in 3D printing activities through acquisitions
The German-based chemical company, BASF, is strengthening its market presence in the powder bed fusion sector following the acquisition of two firms.
A company press release announced that the shares of Hamburg-based Advanc3D Materials GmbH – which specialises in providing plastic powders and formulations – and Lyon-based Setup Performance SAS – which develops and manufactures selective laser sintering (SLS) materials – were acquired by BASF New Business GmbH.
The two companies produce powders used in SLS 3D printing processes. It is anticipated that this move will expand the German firm’s hold in the additive manufacturing materials industry.
“Following our acquisition of Innofil3D last year and the consistent strengthening of our market presence in plastic filaments for layer extrusion, we are now in similar fashion expanding our market access in the area of powder bed fusion,” stated Dr Dietmar Bender, Vice President of Manufacturing and Technology at BASF New Business GmbH.
“The portfolio complements our existing range, being perfectly suited to products such as polyamide 11, polyamide 12, and polypropylene.”
Offering a diverse selection of products in addition to comprehensive market and application expertise, Advanc3D Materials is already well renowned in the field.
“A consistent, finely ground powder, UV stabilizer additions and good free flow are among the elements required to enable the materials to be used in 3D printing,” the press release reads.
As Advanc3D’s contract manufacturer and development partner, Setup Performance works on the development and processes of products at its facility in Lyon.