Merck ramps up European OLED materials production

Merck ramps up European OLED materials production

Business news |
By Julien Happich

The new plant represents a total investment of around €30 million, one of the largest single investments the company made at its Darmstadt site. The plant will allow a fivefold increase in production capacity, which makes Merck confident it could be one of the leading suppliers of OLED materials by 2018.

The company will be able to deliver all the chemical materials necessary for OLED displays from a single source.

“OLED technology has the potential to become the technology of the future for displays and lighting,” said Walter Galinat, member of the Executive Board of Merck, during an opening ceremony.

“We invested considerable resources in OLED technology early on and are excellently positioned. This applies to Darmstadt, where our OLED materials are developed and manufactured, and to countries such as Japan, Korea and China, where we operate application labs to work closely with our customers,” added Galinat.

Following the trend of flexible OLED displays, Merck is working on ultra-thin, printable OLED displays that could allow the manufacture of flexible or rollable displays, for instance for video walls or windows.

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