BASF recently announced the creation of a new company that will tap into the rising field of additive manufacturing.
On Sept. 1, BASF 3D Printing Solutions GmbH will begin operations as a fully owned subsidiary of BASF New Business GmbH. The company will be headquartered at BASF’s InnovationLab in Heidelberg, Germany. About 30 expert employees, mostly comprised of BASF’s internal team, will work at the new business.
This isn’t the chemical giant’s first foray into the world of 3D printing. Since 2015, BASF has been involved in several partnerships to exploit the emerging technology with HP, Laster Sinter Service, Prodways and more.
BASF’s new business will focus on system solutions and developing materials, components and 3D technology services. The company plans to collaborate with potential customers and academic research teams while engineering solutions for a range of applications. The industries the company will target include aerospace, automotive and consumer goods.
“The field of 3D printing for industrial applications is highly dynamic and still emerging. This means there is a need for agile, startup-like structures with interdisciplinary teams and quick decision-making processes,” Volker Hammes, the future managing director of the new company, explained.