Subscribe Now
GLOBAL NEWS

Forward AM Acquires XSTRAND® Business Line from Owens Corning

2 Mins read

[penci_blockquote style=”style-2″ align=”none” author=”” uppercase=”false”]The Acquisition will broaden Forward AM’s 3D Printing materials portfolio[/penci_blockquote]

3D printing materials portfoliot

Above: One of the XSTRAND® filaments: GF30-PA6 filament for 3D printing is a reinforced material specifically designed to be compatible with any standard Fused Filament Fabrication 3D printer/Image Credit: Owens Corning


To continue to expand its position as a leading materials and service provider in the Additive Manufacturing industry, Forward AM announced that it has acquired the XSTRAND® business line from Owens Corning, a global building and industrial materials leader. The scope of the acquisition entails the transfer of the brand and key IP, but does not envisage the transfer of any personnel.

This acquisition will enable Forward AM to expand its portfolio with advanced glass fiber reinforced filaments. The superior strength of this material meets the needs of customers with demanding applications in 3D printing.

The XSTRAND® product line consists of three glass fiber reinforced filaments (Polyamide 6, Polypropylene, Polycarbonate) developed by Owens Corning. Parts printed with glass fiber reinforced filaments demonstrate high rigidity and strength. While the XSTRAND® product line contains 30 percent glass fibers, it continues to enable easy printing and handling.

[penci_related_posts taxonomies=”undefined” title=”Also Read” background=”” border=”Black” thumbright=”yes” number=”4″ style=”grid” align=”none” displayby=”cat” orderby=”random”]

Thanks to the glass fiber reinforcement, XSTRAND® filaments’ mechanical properties outperform market standard polymer filaments. With the integrated glass fibers, the filaments show outstanding heat deflection and high durability, amongst other characteristics, making them particularly suited for challenging applications in 3D printing for automotive or household appliances, for instance.

“Through the acquisition of the Owens Corning XSTRAND® business, we are able to serve our customers with new and innovative filaments for 3D printing. By adding these high-performing materials, Forward AM now offers one of the broadest product ranges in the entire Additive Manufacturing industry, with expert solutions tailored to all industrial customer needs”, explains François Minec, Managing Director BASF 3D Printing Solutions.

Dr. Christopher Skinner, Vice President of Strategic Marketing, Composites, Owens Corning, adds: “BASF’s capability will enable the further acceleration of XSTRAND® products and support future growth of the composites industry. Owens Corning will continue its collaboration with BASF as we transition XSTRAND® to them.”


About Manufactur3D Magazine: Manufactur3D is an online magazine on 3D Printing. Visit our Global News page for more updates on Global 3D Printing News. To stay up-to-date about the latest happenings in the 3D printing world, like us on Facebook or follow us on LinkedIn.

1652 posts

About author
Manufactur3D is an Indian Online 3D Printing Media Platform that reports on the latest news, insights and analysis from the Indian and the Global 3D Printing Industry.
Articles
Related posts
EUROPE

Materialise acquires Identify3D to make CO-AM the most secure distributed manufacturing platform

3 Mins read
Materialise acquired Identify3D to make Materialise CO-AM software the most secure distributed manufacturing platform.
EUROPE

Nikon Corporation agrees to a voluntary public takeover of SLM Solutions

3 Mins read
Nikon Corporation has agreed to a voluntary public takeover of SLM Solutions, a metal 3D printing leader, for a cash consideration of €20 per share.
APAC

Creality and Forward AM Partner to build Professional 3D Printing Solutions

2 Mins read
Creality announces collaboration with Forward AM, a BASF brand, to build and bring professional 3D printing solutions to the market.