Forward AM, a 3D printing company by BASF, has announced the acquisition of Owens Corning’s XSTRAND business line of AM materials. The agreement will see Forward AM expand its portfolio to include advanced glass fiber reinforced filaments, helping to further cement its position as a leading 3D printing materials and service provider.
According to the terms of the acquisition, the XSTRAND brand will be transferred to Forward AM, along with key IP. At this stage, however, no personnel are likely to be transferred. Forward AM was itself launched by BASF 3D Printing Solutions in 2019.
“Through the acquisition of the Owens Corning XSTRAND business, we are able to serve our customers with new and innovative filaments for 3D printing,” said François Minec, Managing Director of BASF 3D Printing Solutions. “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.”
The XSTRAND product line consists of three glass fiber reinforced filaments: Polyamide 6, Polypropylene and Polycarbonate. The materials, which are 30% glass fiber, are notable for their excellent strength and rigidity as well as their easy printability. Other features, like high durability and good heat deflection, have made them a popular option for demanding applications in the automotive and household appliances sectors, among others.
Dr. Christopher Skinner, Vice President of Strategic Marketing, Composites, Owens Corning, concluded: “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.”