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Merck invests 7m euros to open OLED Application Center

Merck invests 7m euros to open OLED Application Center

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By eeNews Europe



This investment is based on our continued faith in Korea’s leadership of global display industry and confidence in the industry’s long-term growth," said Johannes Baillou.

"OLED Application Center has a range of equipment for OLED evaporation testing and reliability analysis and will introduce other advanced processes such as inkjet printing through continuous further investment. With the launch of the new center, Merck Korea now runs both an OLED Physics Application Center and a Chemical Application Center established in 2011 at one site, a first in Asia," emphasized Walter Galinat.

Merck Korea’s project team spent one year on the design and construction of the new building and was supported by Merck’s engineering team from Darmstadt. The building
features cleanroom facilities and equipment that meet international standards; fire protection and safety were a top priority. With construction having been completed in February 2015, the building has been commissioned and the first blue device was produced on April 2, 2015.

In 2002, Merck Korea established Merck Advanced Technologies Ltd. to consolidate its liquid crystals business as well as all operational activities. This initial investment consisted of a production center and a warehouse building in Poseung. In 2008, Merck decided to invest 11 million euros in a new Advanced Technology Center, which was inaugurated in May 2010. In October 2011 Merck opened the company’s first Chemical Application Center outside Germany in Korea. In May 2015 Merck Advanced Technologies Ltd. was renamed Merck Performance Materials Ltd.

In 2014, the Merck Group completed the acquisition of AZ Electronic Materials, creating a leading supplier in the premium segment of high-tech materials and functional specialty chemicals for the electronics industry. AZ materials are widely used in integrated circuits and devices, flat panel displays, and light-emitting diodes.

Related articles and links:

www.merckgroup.com

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