Materials maker Braskem has acquired 3D filament supplier taulman3D for an undisclosed price.
Linton, Ind.-based taulman3D makes nylon, recycled glycol-modified PET and PET filaments for aerospace, automotive, health care and industrial markets.
Officials with Braskem — based in São Paulo, with U.S. headquarters in Philadelphia — said in a news release that the acquisition "is a perfect complement to Braskem's existing portfolio of next-generation filaments, pellets, and powders designed specifically for 3D printing applications."
Taulman3D was founded in 2012. The firm has its headquarters, research and development, production and distribution facilities in Linton. Taulman3D's products have global distribution.
The acquisition "doubles Braskem's market share in the additive manufacturing market and further accelerates our growth strategy," said Jason Vagnozzi, global commercial director of additive manufacturing for Braskem.
He added that with the 3D printing industry expected to grow from $15 billion today to $78 billion by 2030, Braskem "sees enhanced opportunities to serve this rapidly growing demand."
Taulman3D President Zach Lichaa said that Braskem's R&D resources and production teams "will enable us to serve our clients with even greater focus and product innovation as additive manufacturing becomes increasingly ingrained in global supply chains."
Braskem ranks as Brazil's largest petrochemicals firm and as one of North America's largest producers of PP resin. The firm also is a major supplier of bioplastics. Braskem employs 8,000 and posted sales of almost $20 billion in 2021.