Evonik has acquired Structured Polymers Inc., a US-based technology startup for 3D printing materials headquartered in Austin, Texas. A corresponding agreement and plan of merger was executed and the transaction has been closed recently. The acquisition will provide Evonik access to a new patented technology that will allow the company to expand its portfolio of specialty polymer powders in the additive manufacturing market.
“The acquisition of Structured Polymers’ technology excellently complements our existing activities with high-performance polymers for additive manufacturing,” says Dr. Ralph Marquardt, the head of Strategy and Growth Businesses for Evonik Resource Efficiency GmbH.
“Thanks to our decades of expertise in polymer chemistry, this means we will expand our portfolio of customized, ready-to-use polymer materials for the highly attractive, rapidly growing 3D printing market, thus giving us a key role in shaping development of that market.”
Structured Polymers will be entirely integrated into Evonik’s North American organization, while its company headquarters will remain in Austin, Texas.
Structured Polymers’ innovative technology starts with a polymer granulate, which is converted to a fine powder through various process steps. This makes it possible to produce polymer powders with controlled particle sizes ranging in diameter between 0.1 and 400 µm, while achieving excellent material properties.
“The new technology allows us to take virtually any semi-crystalline thermoplastic,” said Thomas Grosse-Puppendahl, the head of the Additive Manufacturing Innovation Growth Field at Evonik. “In addition, we anticipate that Structured Polymers’ technology can be scaled up easily and economically.”