“We have so much synergy with them, I think they want to hurry up rather than slow down, so we can all start together next year as soon as possible, all in this business together.”. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
“I know a lot of people would expect the other way, like when we acquired from Clariant,” da Silva said, noting that DSM portfolio addition just a few months ago. They are very aware of the potential in that particular segment. “I’ve been doing my part to support this, we’ll call it backstage, because this is delivering on our expectation to deliver on 3D printing, to help the industry to grow faster,” he said. “Another giant materials company is becoming stronger in the field, which is a great message to the 3D printers in the world, as more giant companies invest.”, Overall, the feeling for the acquisition is that “the combination between DSM and Covestro is stronger than DSM alone.”.
You can find out more about which cookies we are using or switch them off in settings. “We are moving all of us. “But it happens the opposite.
That company has strengths in polyurethane and polycarbonate, which da Silva pointed out as being specifically interesting. Earlier this year, DSM announced progress on their 3D printed footbridge project, and this is an area where da Silva noted those construction connections will be a big benefit. Covestro’s acquisition of Dutch peer DSM’s paint and coating component unit should also reduce its exposure to car production, Toepfer said, though he added he still expects to sell more products to carmakers long term. FILE PHOTO: The logo of German chemicals maker Covestro is pictured outside its headquarters in Leverkusen, Germany, July 26, 2019.
Covestro has more than ten years of experience in the field of glass-like exterior parts and, by combining its film and glazing technologies, has devised a study for an innovative front module that offers solutions for many requirements of the automotive industry. With our high-tech materials and application solutions we want to push the boundaries of what is possible – to make the world a brighter place. Public domain Public domain false false: This logo image consists only of simple geometric shapes or text. Among the projects-in-process are a focus on pellet 3D printing and on next-generation SLA materials. “They agreed with our business plan, all the partnerships, all the launches,” da Silva said of the Covestro team. MakerOS produces a cloud-based system designed to assist companies “making” things for others. And that future looks bright for this particular AM business, indeed. “I think there is a stronger trend that we’re currently seeing, a societal trend that people are focusing more towards home,” the CEO said. The company has become a mainstay at 3D printing events (when they’re held), as they have continued to develop, collaborate, acquire, and invest their way to a prominent positioning in additive manufacturing materials. Boston-based Markforged has announced a change in executive structure. If you want to learn about 3D printers, then there’s no better place than Fabbaloo’s 3D printer news to see the latest happenings.
“I read Kerry’s article, and that pretty much hit the high points,” he said of the business aspects as we opened our conversation. Reporting by Zuzanna Szymanska in Gdansk; Editing by Rashmi Aich, Mike Harrison and Jan Harvey. Everything moves as before, no change is expected — just maybe new technologies and more people, which would be great for us.”. Can RV Rental Platforms Take To The Road With Help From 3D Printing?
Our products are used in many areas of modern life. Getting everything to come together may not be as difficult as it may first have sounded in this big move. Da Silva anticipates that everything will be finalized in the first half of 2021, though “we expect it to be much faster.” We may be seeing an integrated new business operation as early as Q1. Today’s industry has finally taken up the challenge by installing thousands of industrial 3D printers, each producing previously impossible 3D printed parts that make today’s society far more efficient.
Welcome to Fabbaloo, one of the world’s oldest online news sources for 3D printing news. Sarah Goehrke is the Managing Editor of Fabbaloo, via a partnership with Additive Integrity LLC.
Our Standards: The Thomson Reuters Trust Principles. This week Longer launched its latest 3D printer, the Orange 4K, on Kickstarter. “I can assure you this was very fast including in regular times; COVID was not an issue,” da Silva said of working out the acquisition. So I turned to Hugo da Silva, VP of DSM Additive Manufacturing Business Unit, who has filled in the blanks for us before in conversations about DSM’s participation in the 3D printing industry. Although it is free of copyright restrictions, this image may still be subject to other restrictions.
These devices are now relatively common among some circles in today’s world, but years ago it was extremely rare to see a 3D printer or even a 3D printed object. This website uses cookies so that we can provide you with the best user experience possible. We are much bigger than they are, so it’s also more like we have a larger new investor than being inquired, this large new investor helping to grow the team further.”, The Covestro acquisition of DSM’s business segments has been an ongoing process. Via DSM Additive Manufacturing and Covestro.
As the head of the AM business, da Silva was an integral part of the discussion for all that this move meant for DSM Additive Manufacturing. (Reuters) - German chemicals maker Covestro reported forecast-beating third-quarter profits on Tuesday, citing cost cuts and a recovery from a pandemic-induced slump driven by strength in its Asia-Pacific and furniture component units.
But when it comes to DSM, the move caught many by surprise, myself included. Looking for more stories on 3D Printing? Basically we are changing the logo and continuing our business plan. See here for a complete list of exchanges and delays.
Moving it over to Covestro isn’t simply a divestiture for DSM, it’s sort of releasing the baby bird from the nest, ready to fly with new capabilities and assets. And DSM is, as it happens, rather larger than Covestro.
Fusion3 has introduced a new and powerful slicing system for their 3D printers, REACTOR. Overall, the move strikes da Silva as a major positive for not just his team, existing and expanded, but for the additive manufacturing industry as a whole.