MOSCOW (MRC) -- Arkema leads the Series B investment in Adaptive3D, an innovative company and premium additive manufacturing photopolymer resin supplier, said Chemweek.
This investment complements our expertise in UV liquid resin material design and our commitment to accelerate 3D printing manufacturing technology development. Adaptive3D, through cutting-edge technologies, offers solutions enabling soft and elastomer end-products. The start-up sells photopolymer resins to enable additive manufacturing of tough, strain-tolerant, tear-resistant rubbers. Adaptive3D printable photo-resins are optimized for high-throughput manufacturing of functional complex 3-dimensional plastic and rubber parts in a wide range of applications in the consumer goods, healthcare, industrial, transportation and oil and gas markets.
Through its Sartomer’s activity and its pioneering N3xtDimension® range of advanced UV curable liquid resins, Arkema and Adaptive3D have already succeeded in many technical and commercial developments. With this announcement, the companies aim to partner across the end points of an additive manufacturing ecosystem, from new material development, scaled specialty resin manufacturing, to functional end-use parts, to deliver market leading materials solutions at scale. Arkema, specializing in many other material technologies like photoinitiators and thio-based materials, can further enhance Adaptive3D product offerings through custom solutions.
With this investment in Adaptive3D, Arkema takes a new milestone that will create exciting opportunities for new applications in footwear, medical, automotive and electronic appliances, among others. With materials developed to best meet market needs, both consumers and producers stand to benefit from the specialty and sustainable high-performance solutions developed by Arkema and Adaptive3D.
Challenging the aging model of injection-molded rubbers, Adaptive3D is now scaling production and distribution to deliver shelf-stable, print-stable, one-part photoresins that yield superior, manufactured end parts. Our resins enable customers to topologically optimize and micro-architect their polymeric products to provide a sustainable competitive advantage now."
"Arkema is a global leader in supplying specialty materials to enable sustainable, innovative solutions to manufacturing technologies. Adaptive3D photo-resins, based on Arkema materials and now validated in the market, further our customer-focused mission to reach into new application spaces. Adaptive3D delivers compelling materials properties with an ease of printing and post processing—a great step forward for the whole additive manufacturing field."
As MRC reported earlier, Arkema said in June, 2020, that it had finalized the divestment of its functional polyolefins business to SK Global Chemical. The divestment was announced last year. Arkema says the sale forms part of its strategy to refocus the group’s activities on specialty materials.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,594,510 tonnes in the first nine months of 2020, up by 1% year on year. Only high denstiy polyethylene (HDPE) shipments increased. At the same time, PP shipments to the Russian market reached 880,130 tonnes in the nine months of 2020 (calculated using the formula: production minus exports plus imports, exluding producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.
Arkema is a global manufacturer in specialty chemicals and advanced materials, with 3 business segments - High Performance Materials, Industrial Specialties, and Coating Solutions - and globally recognized brands. The Group reports annual sales of EUR8.8 billion. Buoyed by the collective energy of its 20,000 employees, Arkema operates in close to 55 countries.
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