VBN Components is a manufacturer of wear resistant alloys. The Swedish company’s patented materials are now honoured with a German innovation award.
VBN Components is aiming toward a ground breaking technology by contributing to a technical and digital paradigm shift, influencing how production and business in the steel sector will be handled in the future. This is the motivation for the innovation prize, awarded by German AGS SPD. In addition to innovation, sustainability is also taken into consideration for the award. To manufacture alloys in this way can achieve energy savings of about 90 percent, due to minimal material waste and optimised production technique.
For ten years, VBN Components has developed wear resistant alloys that are turned into industrial components through 3D-printing. In addition to high wear resistance, achieved through small, well dispersed carbides, the materials branded Vibenite are also unique thanks to being pore free. There are many examples of applications where metal cutting tools made of Vibenite last longer and cut deeper than corresponding tools in traditional materials, VBN Components states.
“It means a great deal that VBN Components is being recognised at a European level with this award. Germany is an important business partner to us and the prize will give us new connections on one of Europe’s most important markets,” says Ulrik Beste, CTO and co-founder.
The award is politically independent, but founded by Germany’s second largest political party SPD and its business association AGS, with 34 000 members. Earlier this year VBN Components was nominated by a local branch in the city of Uppsala. Representatives of SPD, the German government and the European Parliament will attend the ceremony.