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Thursday, 23 Nov 2017

Merck to invest Eur 30 million in new OLED production plant in Darmstadt

Merck sees OLED technology having the potential to become the future technology for displays and lighting

19 Jun 2015 | Editor

Merck has officially begun the building of a new OLED materials production plant in Darmstadt today, by laying the cornerstone of the new facility. The 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 € 30 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 build on its experience in the liquid crystals business, where it is the global leader.

About 100 guests attended the cornerstone laying ceremony, and Bernd Reckmann, Member of the Executive Board of Merck took a look at the future of OLED technology.

  • Merck is cooperating with the Japanese printing technology specialist Seiko Epson on printable displays for OLED screens
  • These materials stand out due to their tremendous innovative potential in smartphone, tablets and televisions
  • Flexible or rollable screens are also possible for private consumers in the form of ultra-thin, energy-saving displays for portable devices or large video walls that are produced with OLEDs using thin-film technology
  • The automotive industry as well as the fields of medicine and education are also opening up new possibilities for the materials

The cornerstone laying ceremony was also attended by Stefan Grüttner, Minister of Labor of the German federal state of Hesse, and Jochen Partsch, mayor of the city of Darmstadt.

Bernd Reckmann, Member of the Executive Board of Merck, said, "The new OLED production plant is one of the largest single investments that Merck has made at the Darmstadt site in recent years. It reflects the absolute highest technical standards." Bernd added, "OLED technology has the potential to become the technology of the future for displays and lighting. We invested significant sums in this technology at an early stage. The new production plant is thus another important link in this chain."
Stefan Grüttner, Minister of Labor of the state of Hesse, said, "The fact that Merck is still investing and thus creating new jobs at the location where the company was founded nearly 350 years ago is good sign for the region." Stefan continued, "Merck is a substantial force behind the large number of innovative and strong companies in Hesse."
Jochen Partsch, mayor of Darmstadt, said, "As a research-based company, Merck is a pillar of Darmstadt, the city of science." Jochen added, "Both the new OLED production plant and generally the current investments in the expansion of the global headquarters of a major company here in Darmstadt are a welcome sign of commitment to this location."

www.merck.de   


About Merck

Merck is a leading company for innovative and top-quality high-tech products in healthcare, life science and performance materials. The company has six businesses – Merck Serono, Consumer Health, Allergopharma, Biosimilars, Merck Millipore and Performance Materials – and generated sales of € 11.3 billion in 2014. Around 39,000 Merck employees work in 66 countries to improve the quality of life for patients, to foster the success of customers and to help meet global challenges.

Merck is the world’s oldest pharmaceutical and chemical company – since 1668, the company has stood for innovation, business success and responsible entrepreneurship. Holding an approximately 70% interest, the founding family remains the majority owner of the company to this day. Merck, Darmstadt, Germany holds the global rights to the Merck name and brand. The only exceptions are Canada and the United States, where the company operates as EMD Serono, EMD Millipore and EMD Performance Materials

Source: Merck


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