Merck Opens New OLED Production Plant
DARMSTADT, Germany — Science and technology company Merck KGaA, has opened a new production plant for OLED materials in Darmstadt, Germany.
After a 14-month construction period, high-purity OLED materials for use in state-of-the-art displays and lighting systems are now being produced in the 2,000-sq-m building. With a total investment of around €30 million ($33.6 million), this is one of the largest single investments that Merck has made at the Darmstadt site in recent years. The plant enables a fivefold increase in production capacity and can be started up stepwise. By 2018, the company aims to be one of the leading suppliers of OLED materials and deliver from a single source all the chemical materials necessary for OLED displays.
“OLED technology has the potential to become the technology of the future for displays and lighting,” said Walter Galinat, CEO of the performance materials division and member of the executive board.
Merck is a science and technology company for high-tech products in the health care, life sciences and performance materials fields.