Titomic Ltd signs an agreement with C.A.PICARD® Group

Image: www.titomic.com

Australian digital manufacturing solutions company, Titomic Limited, is pleased to announce that it has entered into an agreement with German-based plastic extruder parts manufacturer C.A.PICARD® Group to produce metal parts for the Extruder technology market, using Titomic’s Kinetic Fusion™ process.

Titomic will utilize its proprietary TKF additive manufacturing process to build a hardened metal extrusion screw at a preliminary cost of USD25,965. The aim of this prototype is to reduce the current cost and test potential improvements in wear resistance.

On the successful completion of test trials by C.A.PICARD®, Titomic will negotiate a contract to supply production from its TKF Melbourne Bureau for single, twin, and multi-screw extrusion systems. These parts are developed by C.A.PICARD® Group and distributed to over 50 countries, with the major markets being Europe, Asia, America, and the Far East. The global plastic extrusion machine market generated USD6.05 B in 2017, and is expected to reach USD8.24 B by 2025, growing at a CAGR of 3.8% from 2018 to 20251.