MITSUBISHI CHEMICAL invests into 3D Printing business
| Subj: New capacity
MITSUBISHI CHEMICAL today announced that they acquired DUTCH FILAMENTS BV, a leading manufacturer of 3D printing filaments in Europe, via wholly owned group company Mitsubishi Chemical Performance Polymers Europe B.V.
The new production site in Helmond with over 70 employees will strengthen Mitsubishi Chemical’s position as a supplier of materials in the innovative sector of 3D printing. DUTCH FILAMENTS started their operations in 2014 and has quickly developed to be one of the major global players in producing filaments for the boosting 3D printing industry.
Ralph Meier, President of Mitsubishi Chemical Performance Polymers in Europe said: “With DUTCH FILAMENTS in our group of companies, we can add 3D printing materials to our portfolio. We see the demand from customers of various industries increasing and with the acquisition of DUTCH FILAMENTS we are able to not only fulfil their needs but to actively participate in the future of 3D printing development.”
CEO and co-founder of DUTCH FILAMENTS, Richard Luiken, underlined: “MITSUBISHI CHEMICAL is the perfect choice for our fast-growing company and our expansion plans can be now realized even faster with the expertise and global footprint of MITSUBISHI CHEMICAL".
Richard Luiken will remain the CEO of the Company and will have a leading role for 3D printing strategy for the Performance Polymers Division of Mitsubishi Chemical.
Source: MITSUBISHI CHEMICAL