Merck KGaA, Darmstadt, Germany, Opens New OLED Materials Production Plant in Darmstadt
Darmstadt, Germany, September 7, 2016 – Merck KGaA, Darmstadt, Germany, a leading science and technology company, today announced that it has opened its new production plant for OLED materials in Darmstadt...
- Merck KGaA, Darmstadt, Germany, strengthens its position in the OLED materials business with a new production plant
- Investment of around € 30 million
- Fivefold increase in production capacity
- Merck KGaA, Darmstadt, Germany, aims to sustainably secure its leadership in display materials
Darmstadt, Germany, September 7, 2016 – Merck KGaA, Darmstadt, Germany, a leading science and technology company, today announced that it has opened its new production plant for OLED materials in Darmstadt. After a 14-month construction period, high-purity OLED materials for use in state-of-the-art displays and lighting systems are being produced in the approximately 3,600 square meter building. With a total investment of around € 30 million, this is one of the largest single investments Merck KGaA, Darmstadt, Germany, 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. Merck KGaA, Darmstadt, Germany, is benefiting from its experience in the liquid crystals business, where it is the global leader. The investment in the new plant is thus in line with the Group’s strategic goal to sustainably secure its leading position in display materials.
"OLED technology has the potential to become the technology of the future for displays and lighting," said Walter Galinat, CEO Performance Materials and member of the Executive Board of Merck KGaA, Darmstadt, Germany, at today’s opening ceremony attended by around 200 guests. These included Tarek Al-Wazir, Minister of Economics, Energy, Transport and Regional Development for the German Federal State of Hesse, and Jochen Partsch, Mayor of the City of Darmstadt.
"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," said Galinat.
Al-Wazir praised the company’s investment as it "sustainably helps to strengthen the state of Hesse and the Rhine-Main region as a location for the development and production of future technologies such as OLED. The plant reflects the region’s great innovative strength."
In his speech, Partsch underscored the importance of Merck KGaA, Darmstadt, Germany, as a research-based company to Darmstadt, the city of science. "The new OLED materials production plant is a further expression of the company’s commitment to the Darmstadt site, showing that it is home to top-caliber research, development and production."
Organic light-emitting diodes (OLEDs) are semiconducting organic materials that emit light and luminesce when electric voltage is applied. They are particularly suited for use in state-of-the-art displays and lighting. OLED displays provide brilliant colors and sharp images from any viewing angle, have a long lifespan and are highly energy-efficient. In addition, they are thin and flexible, which allows entirely new shapes and opens up a broad spectrum of totally new applications.
The latest technological advances in flexible OLED displays are enabling unique smartphones in new shapes, which are attracting a high degree of interest from consumers. In the future, the ceilings of subway cars, offices or apartments could be transformed into information panels or a view of a blue sky. In order to turn these visions into reality, Merck KGaA, Darmstadt, Germany, is working on ultra-thin, printable OLED displays. This will allow the manufacture of flexible or rollable displays, for instance for video walls or windows. OLED technology will create new possibilities also in the automotive sector, medicine and education. The first cars with OLED tail lights can already be seen on roads. More information can be found here.
All Merck KGaA, Darmstadt, Germany, press releases are distributed by e-mail at the same time they become available on the EMD Group Website. In case you are a resident of the USA or Canada please go to www.emdgroup.com/subscribe to register again for your online subscription of this service as our newly introduced geo-targeting requires new links in the email. You may later change your selection or discontinue this service.
Merck KGaA, Darmstadt, Germany
Merck KGaA, Darmstadt, Germany, is a leading science and technology company in healthcare, life science and performance materials. Around 50,000 employees work to further develop technologies that improve and enhance life – from biopharmaceutical therapies to treat cancer or multiple sclerosis, cutting-edge systems for scientific research and production, to liquid crystals for smartphones and LCD televisions. In 2015, Merck KGaA, Darmstadt, Germany, generated sales of € 12.85 billion in 66 countries.
Founded in 1668, Merck KGaA, Darmstadt, Germany, is the world's oldest pharmaceutical and chemical company. The founding family remains the majority owner of the publicly listed corporate group. Merck KGaA, Darmstadt, Germany, holds the global rights to the „Merck” name and brand. The only exceptions are the United States and Canada, where the company operates as EMD Serono, MilliporeSigma and EMD Performance Materials.
Merck KGaA, Darmstadt, Germany Highlights Commitment to Improving Cancer Outcomes ...
Merck KGaA, Darmstadt, Germany, announced 43 abstracts covering modalities and mechanisms will be presented at the 2023 American Society of Clinical Oncology (ASCO) Annual Meeting, June 2-6, Chicago, Ill., US.