The applications are mostly in research, development and quality assurance with the analysis of materials and components. 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. 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.
The diamond wire technology runs at high speeds and tension to cut hard materials with precision and minimal noise. 
You can decide for yourself which categories you would like to allow. Meyer Berger announced in the release that it would shut down Diamond Materials and move the technology to its Technology and Product Center in Thun, Switzerland, that will continue to be available to customers for use in producing silicon and sapphire wafers. 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. 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.". 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. Cookies help us deliver our services. 
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. 
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. Strong capabilities in R&D provide the basis to develop innovative products and applications. 
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. We use cookies to provide you with the best website experience. Developer Plans Massive Rooftop Solar Project In L.A. Fort Bragg Installs Large Floating Solar Power Plant with Ameresco, Supply Chain Issues Caused New-Build Solar Costs to Jump 14 Percent Since 2021, Doral Closes Financing for 400 MW Mammoth North Solar Project in Indiana, Green Power Places Order with Siemens Gamesa for 112 MW Offshore Wind Farm, DOE Awards First ATVM Loan in Over 10 Years to Syrah Technologies. 
It also holds the segments firmly in place. As the sawing wire speed is key in the precise and efficient cutting of hard materials, the covering of the wire and wire spring is a critical part of the diamond wire technology, said Mr. Nirav Shah, Manager, Sales, Vimal Intertrade Pvt. In the photovoltaic industry, the diamond wire technology can reduce cutting time by up to 50%, lowering manufacturing costs. 
Meyer Burger expects the transaction to be completed in September. 
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. The acquisition price was not disclosed. (, 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. 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. 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.
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. 
With the help of these cookies we can, for example, determine the number of visitors and the effect of certain pages on our website and optimize our content. Access all of our premium content, get unlimited digital access and more! "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.". 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. There are a number of possible reasons it was removed, including: - The company was somehow duplicated and one version was removed - The company has left the solar industry - The company closed Sometimes a company is removed by mistake. SOURCES: Meyer Burger Technology Ltd., Diamond Wire Technology. Since its creation in 1963, INNOV WIRE TECHNOLOGY manufactures and develops, with expertise and excellence : smart diamond wires for the cutting of hard materials in wafers, and compact cutting saws functioning with diamond single or multiple wires. Meyer Berger said the layoffs and other writedowns associated with the shutdown on inventory, technology and manufacturing equipment will cost it $11.9 million. For example if our researchers find the previous website is no longer accessible and no-one responds to their emails, they may assume the company has closed and remove it from the directory. 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. Additionally, the specialized Elastollan grade offers an optimum balance between mechanical and hydrolysis resistance, which is particularly beneficial where water jets are used to reduce frictional heat or wash away debris from sawing.. "The company has executed se3veral cost optimizations, capacity adjustments and restructuring measures since 2012. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Email notifications are only sent once a day, and only if there are new matching items. In order to further improve our offer and our website, we collect anonymised data for statistics and analyzes. 
For more information, please see our privacy policy. The cutting process with diamond wire saws offers several advantages over conventional cutting processes. 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. 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. 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. Innov Wire Technology 3505 N. Stone AvenueColorado Springs, Colorado80907 USA, NCX 200 : the best and fastest slicing solution for SiC and very hard materials. BASF generated sales of 59 billion in 2020. The global Diamond Wire market is valued at 1.3 billion USD in 2020 is expected to reach 14 billion USD by the end of 2026, growing at a CAGR of 40.0% during 2021-2026. 
(Source: MarketWatch). Key drivers of profitability and growth are our close collaboration with customers and a clear focus on solutions. Solar Industry offers industry participants probing, comprehensive assessments of the technology, tools and trends that are driving this dynamic energy sector. : DE 815559821HRA 706167 D-U-N-S: 313419174 EORI: DE417314147281349, Terms and Conditions | Legal notice | Data protection | Cookie Settings. 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.
Elastollan, which helps extend the shelf life of the protective covering in diamond wire technology, is consequently a more sustainable option. In 2020, the Performance Materials division achieved global sales of 5.63 bn. These include cookies that are necessary for the operation of the site and to manage our commercial business objectives, as well as those that are used only for anonymous statistical purposes, for convenience settings or to display personalized content. Meyer Burger Acquires Diamond Wire Technology, TurningPoint Targets Illinois Market for Community Solar Development, LyondellBasell Signs PPA with Buckeye Partners for 165 MW of Solar, New LionESS Technology Enables Storage of Generated Solar, Wind Energy, Dominion Begins Operations on Largest Battery Storage Pilot Project in Virginia, Duke Energy Renewables Buys Six N.C. EN - Diamond WireTec GmbH & Co.KG | www.diamondwiretec.de | +49 6201 844970-3. 
In 2020, the Performance Materials division achieved global sales of 5.63 bn. There was a problem saving your notification. 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. Image via Google Maps. The latest breaking news, delivered straight to your email! Ltd, BASFs channel partner for the single and multiwire diamond cutting tools market. 
Information is checked, categorised and connected. 
This page has since been removed from our website. ENF Solar is a definitive directory of solar companies and products. 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. 
", Solar Trade Platform and Directory of Solar Companies, Company Directory 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. Key drivers of profitability and growth are our close collaboration with customers and a clear focus on solutions. We combine economic success with environmental protection and social responsibility. We are excited to enable the development of the diamond wire technology with our Elastollan protective covering, as well as contribute to the sustainable growth of the dynamic industries, such as the renewable energy photovoltaic industry.. Diamond Wire makes industrial diamond wire saws mostly used by the solar power industry. You have permission to edit this article. This company was previously listed in ENFs Solar Industry Directory. The global diamond tools industry is a niche but growing market, owing to the precision of the technology, which enables cutting of hard materials with minimal wastage and maximum yield. The wafering division of Meyer Burgeris sold to the Precision Surfacing Solutions group.
"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. 
See our blog posts about this - above. 
Protective coverings made with Elastollan more sustainable owing to their durability against wear & tear, abrasion, and frictional heat. Diamond wire technology is available as single or multi-wire, depending on the cutting task required. 
Elastollan is already used in other heavy-duty applications such as elevator wires and electric vehicle charging cables. 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. 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. About BASF At BASF, we create chemistry for a sustainable future. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com. Machines with multi-wires can contain up to 90 sets of wires in one run. 
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. ZI Les Iles - 181 route des Sarves CS 70021 METZ TESSY F - 74371 EPAGNY METZ TESSY. These cookies are absolutely necessary for the operation of the site and enable, for example, security-relevant functionalities. Colorado Springs diamond wire cutting business shutting down, laying off 72, Denver Nuggets rookie Collin Gillespie suffers offseason injury, Tracking players from Air Force, Colorado and Colorado State in NFL training camps, GUEST COLUMN: Corruption of healthcare comes to Colorado Springs, GUEST COLUMN: Connections are important for Colorado seniors' health, PIKES PICK: A special deal to plan your own Philharmonic season, Year-Round Gardening: Celebrate fruits of your labor so far, then tackle August gardening chores, Family with 3 Margaritas connection opens new Mexican restaurant in Colorado Springs, Colorado Springs-based ceramic artist inspired by colors and flowers, Fentanyl family: Colorado's deadly overdose siege had mom and pop roots, SPECIAL REPORT | Tipping Point: The Colorado River in peril, Sign up for our newsletters and get news that matters sent to your inbox, Colorado Springs workforce panel discusses future in hospitality industry, social impact businesses, Russell Wilson and Ciara's House of LR&C opens in Park Meadows, Colorado Springs Airport load factor up 3.9% in June from year earlier. Unlike conventional materials, Elastollan provides a protective layer that is more durable against the intense heat generated by the high-speed cutting motion. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. 
Strong capabilities in R&D provide the basis to develop innovative products and applications. 
More information online: www.plastics.basf.com. 
BASFs Performance Materials division encompasses the entire materials know-how of BASF regarding innovative, customized plastics under one roof. Learn more, A cut above the rest Diamond wire technology made with BASFs Elastollan TPU protective covering. 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. Elastollan, applied by injection molding, is particularly effective in keeping the segments in place, by effectively filling in the gap between the core wire surface and the inner diameter of the segments.
The protective covering protects the wire between the segments from wear and tear caused by abrasion and heat. By using our services, you agree to our use of cookies. Please note that based on your settings, not all functionalities of the site may be available. Our diamond wire saws are primarily used in industrial laboratories and engineering offices as well as in institutes and universities. In the semiconductor industry, the diamond wire technology - which can cut more accurately than other traditional methods - enables thinner wafers. This diamond wire cutting technology is well demanded in the photovoltaic and semiconductor industries. About BASFs Performance Materials division. Demand for the diamond wire technology is rising due to its ability to offer enhanced surface finish and high precision. Owing to its outstanding abrasion resistance, coupled with excellent mechanical strength and flexibility, as well as its strong chemical resistance, Elastollan helps extend the life of charging cables and ensures a stable, safe power flow in electric vehicles. 
BASFs Performance Materials division encompasses the entire materials know-how of BASF regarding innovative, customized plastics under one roof. 
The two companies had been operating under a market and development cooperation since 2003. Solar Projects, Net Metering In New York: An Important Discussion Begins. 
(, Product Directory "Almost every page on ENF has only one very targeted advert.
- Novato Homes For Sale By Owner
- Nomo Soho Check-in Time
- Eco Friendly Organic Tote Bags Bulk
- Orks Battleforce Killdakka Warband
- Luggage Storage Milan Centrale Train Station
- Office Star Replacement Parts
- Stihl Ak 30 Battery Aftermarket
- Molle Clip Accessories
- Tech Jogging Suits Wholesale
- Belleze Highboy Tv Stand
- Ofra Rendezvous Blush
- Carolina Herrera Gold
- Brite-mark Paint Marker Sds
- Best Salicylic Acid Face Wash For Acne-prone Skin
- Visiq Infrared Bubble Foot Spa Instructions
- Short Sleeve Wrap Crop Top
- Decal Stickers For Trucks
- Gymnastics Grips Gibson
- Florence Experience Hostel