2015-06-23

Merck Invests EUR 30M in New OLED Production Plant in Germany

Merck, a leading company for innovative, top-quality high-tech products in healthcare, life science and performance materials, laid the cornerstone for a new OLED materials production plant in Darmstadt today. Production of high-purity OLED materials for use in state-of-the-art displays and lighting systems is scheduled to start in the approximately 2,000 square meter building in July 2016. With the investment, which amounts to around EUR 30 million (US$ 33.78 million), Merck is strengthening its position in the OLED business. Merck aims to be a leading supplier of OLED materials by 2018. The company wishes to make use of its experience in the liquid crystals business, where it is the global leader.
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