DSM to acquire a part of Clariant 3D printing business portfolio
Category: #manufacturing  By Pranali Mehta  Date: 2020-06-26
  • share
  • Twitter
  • Facebook
  • LinkedIn
DSM to acquire a part of Clariant 3D printing business portfolio

Royal DSM, a renowned science-based purpose-led  corporation active in health, sustainable living, and nutrition industries, has reportedly signed a new acquisition agreement with Clariant, an innovative, sustainable, and focused specialty chemical firm, to takeover a part of its 3D printing business portfolio.

This contract enables DSM to provide its customers with rapid product development iterations for pellets and filaments based on application requirements. As the additive manufacturing (AM) technology is being increasingly adopted for several industrial manufacturing processes, numerous customers are searching for materials that match their current product portfolio and manufacturing procedures.

The integration of DSM’s pellet and filament capabilities as well as Clariant’s former 3D printing activities would be able to serve those demands, bringing consumers rapid tweaking of high-performance pellets and filaments as per market demands. This new integration would now enable DSM to consolidate its engineering grade powder, filament, and pellet portfolio.

Vice President of Additive Manufacturing in DSM, Hugo da Silva stated that the company is thrilled to welcome the new team members as well as the expertise they would bring to expand its service offerings.

da Silva further added that both companies share the same focus towards consumer demands and have complementary portfolio and expertise. Jointly the companies can satisfy market demands quicker and with a wider material toolbox, and further realize the overall potential of AM to the manufacturing sector.

Head of Sustainability Transformation, Clariant, Richard Haldimann stated that after a thorough strategic review, the company decided that its 3D printing materials division was no longer aligning with its main strategic focus.    

Haldimann further added that while the company would continue to cater to the 3D printing industry with its high-quality flame retardants and additives, it is confident that Royal DSM is the ideal new home for its tailored 3D printing materials unit. The company is looking forward to see the business grow rapidly.

 

Source credit: https://www.dsm.com/solutions/additive-manufacturing/en_US/resource-center/infocenter-news/2020/06/2020-06-24-dsm-takes-over-part-of-clariant-s-3d-printing-business-portfolio-to-expand-rapid-market-driven-product-development-solutions.html

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta    

Pranali Mehta

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

Trees Corporation to acquire Green Tree assets to expand its footprint
Trees Corporation to acquire Green Tree assets to expand its footprint
By Pranali Mehta

Cannabis Company, TREES CORPORATION, is delighted to announce that it has entered into a definitive agreement to take over the Green Tree Berthoud and Green Tree Longmont dispensaries in the Colorado state, around 34,000 Sq. Ft of grow operations and...

Larsen & Toubro Infotech extends partnership with Google Cloud
Larsen & Toubro Infotech extends partnership with Google Cloud
By Pranali Mehta

Larsen & Toubro Infotech (LTI), an Indian information technology services conglomerate, has expanded its partnership with Google Cloud. According to sources, LTI is planning to build a dedicated unit of business for six key solution pillars of Go...

JetBlue eyeing hostile takeover of low-cost carrier Spirit Airlines
JetBlue eyeing hostile takeover of low-cost carrier Spirit Airlines
By Pranali Mehta

JetBlue Airways has reportedly filed a hostile takeover attempt for Spirit Airlines after the low-cost carrier rejected a USD 3.6 billion acquisition deal to merge with Frontier Airlines. JetBlue, which had offered USD 30 per share to Spirit Airline...