Sandvik will invest about 200 M SEK in a plant for manufacturing fine metal powders in the business area Sandvik Materials Technology. The 4000-sq m facility, producing titanium- and nickel powder, is expected to be up and running by 2020.
Although the materials part of Sandvik Group has a long history in the metal powder segment, the ability to produce titanium – and nickel powders – two specifically rapid-growing alloys, utilized in additive manufacturing and 3D printing – has been missing up until now.
Planned to be established in Sandviken, Sweden, the facility will be situated near in-house titanium raw material supply as well as the center for additive manufacturing. From a strategic point of view, the investment means Sandvik will keep progressing within the markets for metal powder and additive manufacturing, both expected to grow significantly within the next few years.