Repsol, headquartered in Madrid, is focused on continually developing new energy prospects, specializing in products and services and materials related to oil, gas, electricity, and chemicals, with the last item coming into play specifically for the 3D printing industry as they have been developing polyolefins as raw material for filament. With an investment fund armed with 85 million euros for the 2016-2020 period, this is one endeavor that will fulfill their goal to move further forward in the technology sector—with a company that complements the products Repsol already provides globally.
With the investment and collaboration on Repsol’s part, Recreus will now be expanding their research and development efforts in materials. The partnership should give them even greater market strength as a supplier, along with supporting their own plans for expansion. Repsol’s resources are vast, as they currently market their products in 90 countries and employ over 25,000 employees. They are also responsible for over 700,000 barrels of oil production per day and are known to have one of the best refining systems in Europe.
“Repsol is also developing modified polymers to be used as raw material in the different 3D printing technologies as part of its innovation and technology programs. 3D printing with elastic materials has many applications in multiple sectors and is rapidly spreading to new fields. Currently, Recreus is working with companies in advanced orthopedics and textiles to develop materials and printing processes specific to their markets,” states their recent press release.
Whether you are a business owner thinking about delving into more progressive technology, a die-hard 3D printing user already, or an enthusiast who enjoys finding out more about scientific innovation, still you may be surprised to find what a role the study and development of materials plays in manufacturing techniques today. Manufacturers are refining plastics, along with as many other materials as there are industries that can put them into use, from metal to concrete to specialized materials like metallic glass.
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[Source / Images: Recreus]