BASF acquires filament producer Innofil3D
Innofil3D BV will play a "central role" in its production of filaments for 3D printing, BASF said.
In a move to deepen its involvement in 3D printing, German chemical maker BASF has purchased Netherlands-based filament producer Innofil3D BV for an undisclosed price.
Innofil3D specializes in customized filaments used in some 3D printing, and the Dutch company’s product range will add thermoplastic filaments for 3D printing to BASF’s portfolio.
“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 will continue its current business activities and will also become a development and production platform for filaments, BASF said.
The purchase is BASF’s latest move into the growing 3D printing sector. In July, the company announced plans to establish a new company to focus on 3D printing. The subsidiary, BASF 3D Printing Solutions GmbH, will focus on materials, system solutions, components and services in the field of 3D printing.