Friday, 19 Jan 2018

Taiyo makes investment in Jilin OLED

Through this investment, TNSC has acquired the exclusive sales rights to Jilin OLED's products in the global market

31 Mar 2016 | Editor

Taiyo Nippon Sanso Corp. has announced that it, through Taiyo Nippon Sanso (China) Investment Co Ltd, has invested in Jilin OLED Material Tech (Jilin OLED), a Chinese venture company based in Changchun engaged in the development of high-purity OLED materials. Through this investment, TNSC has acquired the exclusive sales rights to Jilin OLED’s products in the global market.

[Editor's note:] Taiyo Nippon Sanso is a company within Mitsubishi Chemical Holdings

According to the announcement TNSC is pursuing venture investments to acquire value-added and differentiated products as a part of the open innovation strategy in its medium-term management plan, Ortus Stage 1.

This investment is also a part of executing an electronics business strategy to capture the growing demand in the emerging OLED display market. The TNSC Group will leverage its sales network and corporate brand in the global electronics market to promote Jilin OLED’s products by bundling them with TNSC’s electronics products.

Along with the equity investment in Jilin OLED, TNSC and Jilin OLED collaborate in a quality enhancement program of Jilin OLED products by applying TNSC’s quality know-how cultivated in the electronics market. TNSC will also look into collaboration in the research and development of purification technology for OLED materials.

Jilin OLED, established in 2005, has made significant progress in the development of high-purity OLED materials and acquired several key customers in China. Since the OLED industry is strongly supported by the Chinese government, Jilin OLED has also incremented both production and R&D capabilities for upcoming OLED materials demands in China. This has resulted in long-term cooperative connections with customers. Jilin OLED is now expanding their business to markets within and outside of China.

www.tn-sanso.co.jp    www.jl-oled.com   

About Taiyo Nippon Sanso

Source: Taiyo Nippon Sanso

About Jilin OLED Material Tech

Jilin Optical and Electronic Materials Co., Ltd. was formally founded in June 2005, which is a high tech company engaged in R&D, manufacture, sales and technological service of OLED materials. OLED Company is the first domestic, nationally supported organic luminescent material production enterprise.

OLED company is located in the Industrial Park of Optics and Electronics in the Changchun High-tech Industrial Development Zone, with an area of more than 7,000 square meters. The R&D center covers more than 5,000 square meters, possessing a 200 square meter vacuum purification clean workshop, perfect performance analysis and testing equipments, and has the capacity of production in a 500kg class in electronic pure materials. OLED company has established an updated quality system, and in 2008 achieved the ISO9001 certificate of quality systems and the ISO14001 certificate of environmental systems successively.

OLED company is based on the technical support of the State Key Laboratory of Supramolecular Structure and Materials of Jilin University, with a technical team of Ph.D.’s and Master’s, who have deep accumulation in the area of design and synthesis of organic photoelectric materials. With unremitting effort, the team has developed hundreds of kinds of new products, furthermore, also developed and manufactured other organic materials according to the customer’s demands. Up to now, OLED company has established long-term stable cooperative relationships with enterprises in China and abroad.

Source: Jilin OLED Material Tech


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