BASF invests in 3D printing technology
BASF and Materialise intend to improve 3D printing materials and software solutions.
BASF has announced a $25 million (£19.3 million) investment in its continuing work with 3D printing technologies. The German company – reportedly the world’s largest chemical producer – is expanding its cooperation with Belgium-based software development organisation Materialise, which operates one of the largest 3D printing facility in the world at its Leuven headquarters. Materialise reportedly has over 27 years’ experience in creating software solutions and 3D printing services.
The two partners are to work together in an open business model to improve materials and software used for 3D printing technologies, and thereafter aim to bring these rapidly to market. As a part of this new project, BASF will be conducting extensive trials of its materials on Materialise machines.
Materialise chief executive Fried Vancraen commented: “We are confident that this collaboration with a leading manufacturer of materials will help to accelerate the adoption of 3D printing in existing vertical markets, and create significant business opportunities in new markets.”
This article was originally published on page 2 of the September 2018 issue of SATRA Bulletin.