BASF Forward AM reports +43% revenue growth in Q1 2023

BASF Forward AM, a brand specializing in the production of 3D printing materials, owned by the chemical giant BASF, announced +43% revenue growth in the first quarter of 2023 compared to the same period last year.

These results, according to Managing Director – Martin Back, confirm the effectiveness of the company’s newly defined strategy – “we use the most advanced management, marketing and sales processes to scale up our operations. After a recent reorganization, we are seeing positive effects that have translated into high team performance and excellent business results.”

The director noted that thanks to employees who systematically create solutions for customers, as well as provide value at the level of materials, applications and processes, BASF Forward AM is becoming a key partner for companies in the 3D printing industry around the world.

The “Forward AM” brand, or BASF 3D Printing Solutions GmbH, headquartered in Heidelberg, Germany, is a 100% subsidiary of BASF New Business GmbH. The company offers materials, systems, components and services in the field of 3D printing. BASF 3D Printing Solutions is organized into start-up-like structures to meet customer needs in the dynamic 3D printing market. The company works closely with global research and application technology partners from various BASF divisions, as well as with research institutes, universities, start-ups and industrial partners. One of the company’s key partners is the Polish manufacturer of 3D printers – Zortrax S.A.

The official distributor of BASF solutions in Poland is 3D Phoenix. Ask about the latest solutions: [email protected].

Source: www.forward-am.com