Titomic Limited, Melbourne, Australia, has entered into an agreement with plastic extruder parts manufacturer C.A.Picard Group, Remscheid, Germany, to produce metal parts for the extruder technology market. Titomic will use its proprietary Kinetic Fusion™ Additive Manufacturing process to build a hardened metal extrusion screw, with the aim of reducing the current cost and testing potential improvements in wear resistance.
On the successful completion of prototype test trials by C.A.Picard, Titomic stated it will negotiate a contract to supply production from its TKF Melbourne Bureau for single, twin, and multi-screw extrusion systems. These parts currently developed by C.A.Picard are distributed to over fifty countries, with the major markets being Europe, Asia, America and the Far East. The global plastic extrusion machine market reportedly generated $6.05 billion in 2017, and is expected to reach $8.24 billion by 2025, growing at a CAGR of 3.8% from 2018–2025.
Jeff Lang, Titomic’s Managing Director, commented, “Titomic’s partnering with C.A.Picard to additively manufacture their extrusion screw products showcases the unique capability of Titomic Kinetic Fusion to utilise tooling steels to be cost competitive against traditional metal manufacturing processes. We believe that by partnering with visionary industry leaders like C.A.Picard, Titomic can improve the efficiency of metal manufacturing and mechanical performance properties, providing real commercial benefits to our customers.
Michael Busenbecker, Global Head of Research and Development, C.A.Picard, stated, “We are committed to producing the best quality parts for the extruder market and are pleased to be working with Titomic to bring their state of the art Titomic Kinetic Fusion Process on board. We believe that the future lies in finding efficiency without compromising on value and quality and we look forward to working with Titomic on this project.”