Cookie Settings, Precision Surfacing Solutions family of brands, What is recutting of the wire guide rolls, the saw from which the greatest number were produced. 
Diamond Materials had boosted its local workforce to more than 350 people in 2014 after parent company Meyer Berger Technology Ltd. landed a contract with GT Advanced Technologies for diamond wire that would have been used to cut synthetic sapphire glass screens for Apple Inc. 
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(, By using the ENF website without adjusting your cookies settings, you agree to our use of cookies as described in our, 3505 N. Stone Ave., 80907 Colorado Springs. From raw materials straight through to end-user applications, we capture and analyze the critical details that help professionals stay current and navigate the solar market. It also holds the segments firmly in place. 
About BASF At BASF, we create chemistry for a sustainable future. Email notifications are only sent once a day, and only if there are new matching items. Unlike conventional materials, Elastollan provides a protective layer that is more durable against the intense heat generated by the high-speed cutting motion. "Almost every page on ENF has only one very targeted advert. As such, the demand for its use is growing in construction, photovoltaic, semiconductor industries, said Marilyn Lye, Vice President, Business Management Industrial, Performance Materials Asia Pacific, BASF. Access all of our premium content, get unlimited digital access and more! Mumbai, India October 8, 2021 BASFs Elastollan thermoplastic polyurethane (TPU) is now used as a more durable protective covering in diamond wire technology to cut hard materials such as granite and marble. Despite this and due to the fact that diamond wire production in the solar industry has become a commodity business over the cycle, DMT has bot been able to develop the diamond wire production into a profitable business unit.". 
The cutting process with diamond wire saws offers several advantages over conventional cutting processes. For more information, please see our privacy policy. 
The two companies had been operating under a market and development cooperation since 2003. There was a problem saving your notification. 
Diamond Materials Tech "has been facing a continuing global pressure on prices and margins for diamond wire volume production for some time," Meyer Berger said the release. Information is checked, categorised and connected. The applications are mostly in research, development and quality assurance with the analysis of materials and components. "But it is an important and necessary step on our path to quickly and sustainably secure the successful and long-term future of the company.". "The decision to discontinue this business activity of DMT has not been an easy one," Meyer Berger CEO Hans Brndle said in a March 1 news release. HWA, Hi-Tech Wires Asia Co. Ltd 46 route n 6, VSIP 1, Thuan An, contact@hitechwiresasia.com Tel +84 (0) 650 3769 131, poste 103, Z.I. The shutdown comes after Meyer Berger boosted sales last year by 40 percent to $448.7 million and reversed operating losses that totaled $55.4 million in 2015 to a $10.4 million profit las year. 
In 2020, the Performance Materials division achieved global sales of 5.63 bn. A Swiss technology company will shut down its Diamond Material Tech Inc. unit in Colorado Springs and lay off the company's remaining 72 employees, citing continuing losses from the diamond-wire cutting operation and continuing pressure on prices and profit margins. Consider disabling ad blocking on this website. Diamond WireTec GmbH & Co.KG develops, produces and sells diamond wire saws as well as diamond wires and accessories worldwide. If you are the owner of a removed company and you feel ENF made a mistake, please contact the industry directory manager at: support@enfsolar.com. 
Demand for the diamond wire technology is rising due to its ability to offer enhanced surface finish and high precision. You have permission to edit this article. The wafering division of Meyer Burgeris sold to the Precision Surfacing Solutions group. Globally active in four major industry sectors transportation, construction, industrial applications and consumer goods the division has a strong portfolio of products and services combined with deep understanding of application-oriented system solutions. However, GTAT filed for bankruptcy protection a few months later amid difficulty in getting its plant to make the glass, triggering a series of layoffs totaling nearly 200 in late 2014 and early 2015. About BASFs Performance Materials division. 
The diamond wire technology runs at high speeds and tension to cut hard materials with precision and minimal noise. EN - Diamond WireTec GmbH & Co.KG | www.diamondwiretec.de | +49 6201 844970-3. The protective covering protects the wire between the segments from wear and tear caused by abrasion and heat. 
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Market launch of the multi wire saw DW 291, specifically designed for the volume production of silicon wafer for the photovoltaic industry, Market launch of multi wire saw DW 288 Series 3, Market launch of multi wire saw DW 288, the first dedicated multi wire saw for diamond wire technology, Market launch of the multi wire saw DS 265, which was used with slurry and diamond wire, Foundation of subsidiaries in China and Japan, positioning in the Asian markets, Market launch of inner diameter saw TS 207, Market launch of the first multi wire saw DS 260, Development of a saw, based on wire technology, Market launch of the first inner diameter saw TS 23 with higly precise air bearing, Development of inner diameter saw and start of cutting of silicon wafers for the semiconductor industry, Market launch of the first annular saw TS 3. Thanks to the global approach to the needs of its customers, and to the technical and operational knowledge of its expert teams, IWT serves the world's leading high tech industries, and support them in a long term in the achievement of their goals : Applying its founding values : EXPERTISE, INNOVATION, SUPPORT, IWT is a true partner for its customers in the long term, delivering personalized solutions and advices, and offering them the benefit of its latest technological innovations. Diamond WireTec GmbH & Co.KGSdliche Bergstrae 1469469 WeinheimGermany, USt.-ID-Nr. Meyer Berger said the layoffs and other writedowns associated with the shutdown on inventory, technology and manufacturing equipment will cost it $11.9 million. More information online: /content/basf/www/cn/en/media/news-releases, /content/basf/www/cn/en/media/news-releases/asia-pacific/2021/10/a_cut_above_the_rest_with_basf. The acquisition price was not disclosed. By using our services, you agree to our use of cookies. : DE 815559821HRA 706167 D-U-N-S: 313419174 EORI: DE417314147281349, Terms and Conditions | Legal notice | Data protection | Cookie Settings. 
Elastollan, which helps extend the shelf life of the protective covering in diamond wire technology, is consequently a more sustainable option. Learn more, A cut above the rest Diamond wire technology made with BASFs Elastollan TPU protective covering. Strong capabilities in R&D provide the basis to develop innovative products and applications. In the semiconductor industry, the diamond wire technology - which can cut more accurately than other traditional methods - enables thinner wafers. While the company did not specify the timing of the shutdown, it said the move will save it $9.9 million in the second half of the year. 
More information online: www.plastics.basf.com. The application of diamond wire for slicing valuable silicon into thin solar wafers complements today's widely used slicing technology using slurry, according to Meyer Burger. Les Iles - 181 Route des SarvesF 74370 EPAGNY METZ-TESSY, Address : Thermocompact - CS 70021 - 74371 PRINGY cedex France, Thermo Technology Group develops and manufactures innovative diamond abrasive wires, and diamond wire saws, providing the best cutting quality and surface integrity for hi-tech technologies, THERMAL & THERMO-CHEMICAL TREATMENTS OF METALS. In 2020, the Performance Materials division achieved global sales of 5.63 bn. We use cookies to provide you with the best website experience. The company expects that the use of DWT's technology in combination with the slicing and wire saws from Meyer Burger will allow customers to achieve a reduction of the total costs of ownership in wafering. Segments affixed with diamond pieces for heavy-duty sawing, and spread evenly over the wire, are also kept in place owing to Elastollans flexibility and rigidity. ENF Solar is a definitive directory of solar companies and products. The latest breaking news, delivered straight to your email! ", Solar Trade Platform and Directory of Solar Companies, Company Directory 
Innov Wire Technology 3505 N. Stone AvenueColorado Springs, Colorado80907 USA, NCX 200 : the best and fastest slicing solution for SiC and very hard materials. This diamond wire cutting technology is well demanded in the photovoltaic and semiconductor industries. Meyer Burger Technology Ltd., a provider of systems and processes for cutting and handling crystalline silicon and other materials, has acquired 100% of Diamond Wire Technologies (DWT), a Colorado Springs, Colo.-headquartered developer and producer of diamond wire and diamond wire saws.