THE WOODLANDS, Texas & LEVERKUSEN, Germany, October 06, 2021 – (BUSINESS WIRE) – Nexeo Plastics and Covestro Additive Manufacturing (formerly DSM AM) are strengthening their partnership in 3D printing by expanding their range of materials and services beyond 3D Nexeo Plastics. As a leading distributor, 3D at Nexeo Plastics now also offers direct worldwide sales of other Covestro filaments and Somos® resins for SLA and Digital Light Processing / Liquid Crystal Display (DLP / LCD) 3D printing.
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3D at Nexeo Plastics now distributes Covestro’s SLA and digital light processing resins, including Somos® WaterShed Black. (Photo: Business Wire)
The two companies have been partners since 2016 and sell filaments for 3D printing in Europe and North America. With the expansion of the range of materials and multiple warehouse locations, 3D is distributed worldwide at Nexeo Plastics and delivered directly to customers, which shortens lead times. Industry players will also benefit from broader application development and technical support from Nexeo Plastics’ 3D team.
“As part of our business growth strategy, we are expanding our 3D printing product portfolio and support services,” said Paul Tayler, President and Chief Executive Officer of Nexeo Plastics. “Our expanded partnership with Covestro, an industry leader, expands our range of materials to include sustainable, high-quality materials that our customers want and need.”
Covestro’s rapidly growing portfolio of high performance and functional materials offers some of the best mechanical and thermal properties in the industry with an emphasis on sustainability. As the 3D printing industry continues to grow, Covestro understands that manufacturers need a simple process to source materials without sacrificing technical expertise. 3D at Nexeo Plastics offers this solution.
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Jill Cohen, Commercial Director Additive Manufacturing at Covestro, adds: “Our materials experts develop material-processing combinations so that customers can produce 3D printed parts with the right properties for their applications. To deliver these materials when and where our customers need them, we work with fulfillment and tech service specialists like 3D at Nexeo Plastics. Your team complements our own team very well; we speak the same language. “
About Nexeo Plastics and 3D at Nexeo Plastics
3D at Nexeo Plastics is part of Nexeo Plastics, a leading global distributor of thermoplastic resins that represents quality products from world-class suppliers and serves a diverse customer base in North America, Latin America, Europe, the Middle East, Africa and Asia. In the 3D printing market, we offer expert local applications, technical support, reduced lead times, smaller order quantities and customer service through our sales team and the Nexeo 3D e-commerce site. Learn more at www.nexeoplastics.com and www.nexeo3d.com/nexeo3d.
With sales of 10.7 billion euros in 2020, Covestro is one of the world’s largest polymer companies. The focus of business activity is on the manufacture of high-tech polymer materials and the development of innovative, sustainable solutions for products that are used in many areas of daily life. Covestro is thus fully geared towards the circular economy. The main customers are the automotive and transport industries, the construction industry, the furniture and wood industries, as well as the electrical, electronics and household appliance industries. Other sectors include sports and leisure, cosmetics, health care and the chemical industry itself. At the end of 2020, Covestro was producing at 33 locations worldwide and had around 16,500 employees (converted to full-time positions).
Further information on the former DSM-now-Covestro additive manufacturing business can be found at www.dsm.com/additive-manufacturing. For Covestro materials, please visit addigy.covestro.com.
This press release may contain forward-looking statements based on current assumptions and forecasts by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports available at www.covestro.com. The company assumes no obligation to update these forward-looking statements or to adapt them to future events or developments.
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Dr. Frank Rothbarth
+49 214 6009-2536