UDC, PPG Extend OLED Partnership

Universal Display Corp. and PPG Industries have jointly announced their entrance into a new organic LED (OLED) materials supply and service agreement.

Under the new agreement, PPG will remain the exclusive manufacturer of Universal Display’s proprietary phosphorescent OLED materials. The contract will replace the companies’ current OLED materials supply and service agreement. Terms of the new agreement, which is substantially similar to the previous one, run through Dec. 31, 2014.

Universal Display develops OLED technologies and materials for the display and lighting industries.

PPG Industries manufactures coatings and specialty products.

For more information, visit: www.ppg.com or www.universaldisplay.com