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3ders.org – BASF acquires Dutch 3D printing filament producer Innofil3D

August 18, 2017 | From David

Regular mergers and acquisitions are signs that an emerging industry is maturing as large companies emerge or come from other areas to take over and stabilize the market. This is a process that we’ve definitely seen in the 3D printing industry lately. German chemical company BASF is a prime example of how the world’s largest chemical producer recently used its sizeable financial leverage to begin its expansion into 3D printing. Another important step on this path was recently taken when BASF acquired Innofil3D, the Dutch company for 3D printing materials.

Innofil3D, based in the Netherlands, manufactures filaments for FDM / FFF 3D printing. Founded in 2014 as a spin-off from Applied Polymer Innovations, the company already has a large international sales network. Thermoplastic materials include PLA, PET, PVA and ABS filaments, all of which are customized and of particularly high quality to ensure an excellent end product at the end of the 3D printing process. We reported on the company last year new per 1 rowThis promises an increase in 3D printing speed by up to 80 percent.

BASF, which achieved sales of around EUR 58 billion in 2016 and employs over 100,000 people worldwide, will own 100 percent of Innofil3D’s business. As part of its gradual move towards more sustainable solutions as well as disruptive technologies that are driving the use of materials in various sectors, the company has delivered 3D printing companies like HP, with the chemicals required to develop their products. This new acquisition has pushed these efforts even further and can now include the entire Innofil3D product range in its growing 3D printing portfolio. BASF’s presence in the world of additive manufacturing also includes BASF 3D Printing Solutions, which was recently founded in Heidelberg.

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

BASF New Business focuses on the identification of new chemical-based materials, technologies and system solutions and works closely with BASF’s global research platforms. Key areas of interest for new business opportunities include transportation, construction, consumer goods, health and nutrition, electronics, agriculture, and energy and resources. BASF’s innovation arm also aims to promote technological progress through the development of new products.

Innofil3D will continue its current business activities. The experienced and successful team will expand their skills to strengthen the BASF 3D Printing Solutions team. The acquisition also makes Innofil3D an important development and production platform for filaments.

Jeroen Wiggers, Managing Director of Innofil3D, explains: “We are very happy to be part of BASF. One of the first immediate benefits is that it will accelerate the advancement of the latest filament technologies and enable us even better to help our customers thrive now and in the future. “

“Innofil3D’s well-filled product pipeline in combination with BASF’s plans to develop high-performance filaments will form an important basis for BASF’s solutions for 3D layer printing,” added Hammes.

Posted in 3D Printing Materials

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Anja wrote on 08/22/2017 at 13:00:00:

@ Gerd Schwaderer: Thank you! Firmly.

Gerd Schwaderer wrote on 08.22.2017 08:44:38:

The total turnover of BASF in 2016 was 58 BILLION, not 58 million 🙂 BASF has also founded “New Business GmbH”, which will concentrate on the 3D printing market and is located next to Volume Graphics in Heidelberg. https://www.basf.com/de/company/news-and-media/news-releases/2017/07/p-17-278.html

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