Ludwigshafen, Germany, and Uppsala, Sweden, September 20, 2017 — BASF Venture Capital GmbH is leading an investment round in the Swedish high-tech company Applied Nano Surfaces Sweden AB (ANS), headquartered in Uppsala, Sweden. ANS offers unique surface treatment technologies to reduce friction and wear in industrial and automotive applications. The investment is co-led by the existing investor Fouriertransform AB.

“ANS has advanced its proprietary surface treatment technologies to meet the market demand for low-cost, high-performance friction and wear reduction technologies,” said Markus Solibieda, Managing Director at BASF Venture Capital. “This is confirmed by the impressive list of applications under development with key customers. We are confident that ANS’s management will translate this into significant value for its shareholders.”

ANS will use the investment proceeds to put its ongoing customer projects into high-volume series production, initially in automotive applications such as valve train components, cylinder liners and connecting rods. In addition, the funds will be used to further expand business development activities in other industrial application areas as well, such as hydraulic motors, rock drills, pumps, chains, gears and compressors, where friction and wear are highly relevant topics.

“This financing through BASF Venture Capital allows us to mature our customer projects to high-volume serial production applications,” said Christian Kolar, CEO and Co-founder of ANS. “The demand for solutions to improve energy efficiency is strong not only in the automotive sector, but increasingly also in industrial applications. Once we have established production for key applications, we will be able to expand and fully exploit the great potential with our highly scalable processes.”

 

“ANS has developed friction reduction technologies with a very favorable cost-performance profile,” said Michael Nettersheim, Investment Manager at BASF Venture Capital. “Ease of implementation should support broad market adoption. Currently, late-stage tests at well-known OEMs from the automotive industry are underway. We expect that the exciting results from prior tests will be validated.”

About BASF Venture Capital

BASF Venture Capital GmbH was established in 2001 as a wholly owned subsidiary of BASF New Business GmbH, Ludwigshafen, Germany, with the aim of exploring new growth potentials based on investments in startup companies and funds. More information is available at: www.basf-vc.com.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at: www.basf.com.

About Applied Nano Surfaces Sweden AB

Applied Nano Surfaces AB (ANS) offers innovative solutions for friction and wear reduction. The technologies have a favorable cost-performance profile and are easily implemented in existing production lines. ANS has three core offerings: ANS Triboconditioning®, ANS Tricolit® and ANS TriboNite®. ANS Triboconditioning® is a mechanochemical surface treatment method that is used to reduce friction losses for components made of steel and cast iron. ANS Tricolit® is a series of low friction coatings applicable to components of various materials and shapes. ANS TriboNite® is an advanced heat treatment and coating process that gives the component a hard and durable surface with low friction capabilities. ANS has more than 50 development projects with OEMs and Tier 1 suppliers from the automotive industry as well as over 20 customer projects in various industrial applications where friction reduction is a major topic.

Learn more about the ANS TriboNite™ at the The International Suppliers Fair (IZB) Wolfsburg from 18th to 20th October 2016

The IZB was started in 2001 as a Volkswagen in-house trade fair and has today one of the most important events for the international automotive supplier industry with over 50,000 visitors.

ANS will be there and we are proud to launch our latest new offering, TriboNite™, which has great performance to reduce friction and wear. Join us and learn more!

Visit ANS display at Hall 2, stand 2303 and learn about TriboNite™ and our offerings.
For more information on CONVEC see: http://www.sae.org/comvec

ANS will attend the Aachen Colloquium Automobile and Engine Technology October 10th to 12th, 2016

The Aachen Colloquium has become the largest automotive and engine technology congress in Europe and offers great learning-opportunities and forum for establishing new contacts. We welcome you to meet us, ANS, at the congress to learn more about our offerings and exploring your possibilities to decrease friction and wear, our passion.

More info: http://www.aachener-kolloquium.de/en/

Want to meat? Please contact:

Sales Director Andreas Storz at +49 1522 34 35 606 or andreas.storz@appliednanosurfaces.com
CTO Dr Boris Zhmud at +46 70 937 13 10 or boris.zhmud@appliednanosurfaces.com

Applied Nano Surfaces (ANS) is proud to present new products at our first industry conference in North America, the SAE 2016 Commercial Vehicle Engineering Conference October 4-6, 2016

SAE 2016 COMVEC is the conference of choice for the sharing of technical knowledge and networking for the global on-road and off-road commercial vehicle industry. In today’s dynamic commercial vehicle industry, all industry professionals must constantly prepare themselves to identify and solve the challenges of tomorrow.

Become a part of the greater conversation changing, guiding, and influencing our industry today, while building the skills to lead and inspire…tomorrow.

Visit ANS display at space #35 and learn about our technology.

For more information on CONVEC see: http://www.sae.org/comvec

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ANS takes next step together with Linamar to offer Triboconditioning® on connecting rods globally

Linamar, ranked top-33 tier-1 in North America, and ANS have signed a license- and partnership agreement on connecting rods for light- and medium passenger vehicles.

Linamar’s growth strategy is focusing on diversification, globalization and green technologies and with the ANS Triboconditioning® technology applied on connecting rods Linamar will further strengthen the value proposition to the market. Eric Ecclestone, Global Product Manager Connecting Rods at Linamar, states that “this agreement makes a part of Linamar’s strategy to increase the value delivered to our customers. With ANS Triboconditioning® we can offer a solution combining great performance with a competitive price and thus strengthening our position as a world leading supplier of connecting rods”.

The partnership with Linamar is an important step for ANS in establishing our offering globally. Linamar has the ambition to grow, the skills and strength to offer a new solution to the market and the financial muscles to achieve the targets. In 2015 Linamar had a record year with 5,2 BUSD in sales and 437 MUSD in earnings. The license agreement is a solid proof that ANS have a qualified position on the global market for friction and wear reducing technologies.

ANS and Bodycote launches a new solution for reduction of friction and wear at the 6th Bodycote/AGA Heat treatment seminar on May 26th

ANS and Bodycote are launching a new set of low friction and wear solutions, combining nitriding with a low friction coating. This new product is truly living up to the ANS business idea of offering cost efficient solutions to reduce friction and wear in industrial applications. ANS Product Manager Mikael Berg and MD of Bodycote Sweden Mikael Fällström will present and explain more at the seminar. Come and join us to learn more about our new solutions and new opportunities: Click here

We are recruiting both a Production Engineer/Technician and a Development Engineer

We are growing our customer base and moving forward implementing our offering in serial production with customers. In order to match the positive development of the company we are now looking for strengthening the ANS Team with two new team members: Production Engineer/Technician and Development Engineer. If you want to work on the front-line of technology development in the area of friction and wear with the global leaders in the industry then this is your opportunity!

For the Production Engineering/Technician position we are looking for candidates that have a solid production engineering background and that has experience in CNC machining and quality methods. For the Development Engineer job we are looking for candidates with a material science and engineering background that could actively support the development of our processes in customer oriented projects.

Read more at http://appliednanosurfaces.com/join-ans

We are now looking to recruit a laboratory engineer to support our development of waterborne coatings. Qualifications: M.Sc. in Chemistry or similar and good knowledge of Swedish and/or English. A minimum of three years of laboratory experience in a coating field is required, including hands-on formulation experience with waterborne systems and knowledge of basic testing techniques.

The successful candidate will possess demonstrated problem-solving abilities, be customer oriented, self-motivated and interested to work in a dynamically growing high tech company.

For more information, please contact Dr. Boris Zhmud, CTO or Nils Edlund, CEO to find out more:

 

Dr. Boris Zhmud, CTO                                                  Nils Edlund, CEO
+46 70 937 13 10                                                           +46 70 263 31 51
boris.zhmud@appliednanosurfaces.com                    nils.edlund@appliednanosurfaces.com

Stockholm is a world leader in environmental technology and now it will be easier for foreign investors to find partners in Stockholm.Stockholm Cleantech Hotlist” is a toplist where the region’s hottest investment opportunities are presented to investors. At launch, the list contains 25 companies. Applied Nano Surfaces is one of them.

With theStockholm Cleantech Hotlist” we offer a quality stamp. There is a great interest in the region among foreign investors, we have a strong reputation in the scientific community and a lot of exciting companies. The list makes it easier for those who are looking for investment opportunities, says Janey Mehks, Project Manager Cleantech at Stockholm Business Region Development. Read more here.

At ANS, we are working with the major auto brands and our customer base is expanding both in Europe and North America. As the USA is a key market for us, we are setting up a local sales company in the USA. It is the right time for us to further strengthening our presence in North America and we are now recruiting a Key Account Manager.

The role as KAM will be to guide our American customers through the test and evaluation phase all the way to full scale implementation. The person we are looking for will be a key player in our expansion in North America, have their own P&L-responsibility and build up a sales and support team over time as we expand. For more information, please check out Careers on our website to read more about the role or contact Nils Edlund, CEO to find out more:

Nils Edlund, CEO
+46 70 263 31 51
nils.edlund@appliednanosurfaces.com