Asahi Kasei to Expand to the 3D Printing Market in North America Through Filament Sales | Region

FOWLERVILLE, Mich. & TOKYO–(BUSINESS WIRE)–Oct 18, 2023–

Asahi Kasei Plastics North America, Inc., (APNA) has started selling 3D printing filaments in North America. The soft launch will begin with filaments from the modified polyphenylene ether (mPPE) resin product line, XYRON™, then expand to the Thermylene™ polypropylene (PP) group.

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Asahi Kasei’s filament business as well as design and simulation services for 3D printers (Graphic Business Wire).

“Asahi Kasei has a proven history of being a resin and compounding technology leader,” states Todd Glogovsky, President and Chief Operating Officer at APNA. “3D printing is a rapidly growing field, and we have the people and skillset to develop, enhance, and exceed the needs of hobbyists and OEMs alike.”

APNA has two initiatives aimed at 3DP to show its customers flexibility and commitment. First, APNA wants to achieve success in North America and then globally. This will be started through trialing XYRON™, which features properties such as printability (lower warpage, high dimensional stability), heat resistance, electrical insulation and impact strength. After XYRON™, the next filament launch will use Thermylene®, providing high tensile strength, chemical resistance, creep resistance, and elevated temperature performance. The second goal is focused on providing advanced resources to customers through computer-aided Engineering (CAE).

“This is a great opportunity to grow the usage of our award-winning product portfolio for new markets and application spaces,” states Nihir Bhuva, Strategic Business Director for APNA. “Besides having industry expertise, we plan to provide our partners with design and simulation services through CAE. This will help show our commitment to growth from proof-of-concept to the execution stage.”

Asahi Kasei provides comprehensive support to customers for the design and development of products using engineering plastics. APNA’s CAE services, which are well established, have been expanded to 3DP in order to offer additional support to filament products and their use. Asahi Kasei Corporate Venture Capital, (CVC), invested in CASTOR Technologies Ltd. a startup in Israel that specializes 3DP technologies to expand CAE in May 2023. Asahi Kasei has invested in CASTOR Technologies Ltd., an Israeli startup specializing in 3DP technologies. The investment will allow the company to develop a unique software for 3D printing that can be tailored to the individual needs of customers. Asahi Kasei conducts proof-of-concept methods to expand its services, including automating advanced simulations, with CASTOR.

“We will continue providing superior quality and reliability to customers, and with CASTOR, we will drive more excellence through our CAE services,” states Glogovsky. “This is an exciting time to dive into a new industry and show why we are industry leaders through the success of our partnerships.”

About Asahi Kasei Plastics North America, Inc. (APNA)

Asahi Kasei Plastics North America, Inc. (“APNA”) is a leading manufacturer of innovative, high-performance, engineered polymers and chemically coupled polypropylene resins in North America. The product line consists of Xyron® (modified polyphenylene ether), Thermylene® (specialty polypropylene), Leona® (nylon 6/6+6i), Tenac® (homopolymer acetal and copolymer acetal), Thermylon® (nylon 6,6/6), Asaclean® (purging compound and concentrates). APNA employs over 350 people in four North American locations. Visit www.akplastics.com for more information.

About Asahi Kasei

Asahi Kasei Group is committed to improving the quality of life for people all over the world. Asahi Kasei, founded in 1922 as a manufacturer of ammonia and cellulose fibres, has grown steadily through its proactive transformation of the business portfolio. This is to meet the changing needs of all ages. More than 48,000 people work for the company in three different business areas: Material, Homes, Health Care. They provide solutions to world challenges. Its Material sector, comprised of Environmental Solutions, Mobility & Industrial, and Life Innovation, includes a wide array of products, from battery separators and biodegradable textiles to engineering plastics and sound solutions. Visit www.asahi.com to learn more.

Asahi Kasei also supports sustainability initiatives, and contributes to a society that is carbon neutral by 2050. To learn more, visit https://www.asahi-kasei.com/sustainability/.

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Contact: North America, Company Contact:

Asahi Kasei America, Inc.

Christian OKeefe

E-mail:[email protected]

KEYWORDS: UNITED NATIONS JAPAN ASIA PACIFIC MICHIGAN

INDUSTRY KEYWORD: TECHNOLOGY SCIENCE OTHER RETAIL OTHER MANUFACTURING CONSTRUCTION & PROPERTY SPECIALTY PACKAGING SEMICONDUCTOR ENGINEERING OTHER SCIENCE CHEMICALS/PLASTICS OTHER TECHNOLOGY MANUFACTURING SOFTWARE BUILDING SYSTEMS RETAIL HARDWARE

SOURCE: Asahi Kasei

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PUB: 08:30 AM, 10/18/2023/DISC: 08:29 AM, 10/18/2023

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