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Universal Display & PPG to Double Production of UniversalPHOLED® Phosphorescent Emitter

Published on 2017-02-08. Author : SpecialChem

PPG and Universal Display Corporation have announced that Universal Display will invest $15 million in PPG’s Barberton, Ohio, manufacturing facility to double commercial production capacity for Universal Display’s proprietary UniversalPHOLED® phosphorescent emitter products. The expansion project, which will add more than 20 positions at the facility, is scheduled to be completed in the third quarter 2017.

UniversalPHOLED® Materials - Low Power Consumption in OLED Displays

Energy-efficient Phosphorescent Technology

PPG and Universal Display opened an OLED materials production facility at PPG’s Barberton, Ohio, plant in 2013. The site, which PPG owns and operates, provides the two companies with resources to meet the growing OLED needs of customers in the display and lighting industries.

We are proud of the continued growth of this world-class production facility for OLED materials,” said Viktor Sekmakas, PPG executive vice president. “This expansion furthers our partnership with Universal Display, our commitment to the ongoing development of this important technology, and our capability to meet customers’ increasing demand for energy-efficient displays and lighting devices.”

Steven V. Abramson, president and chief executive officer of Universal Display Corporation, said, “We believe the OLED industry is entering an exciting multiyear capital expenditure cycle. With the anticipated robust rise of high-volume OLED display manufacturing capacity in the coming years, we expect this latest investment will help meet our customers’ increasing needs for our high-quality, state-of-the-art PHOLED materials. The Barberton expansion reflects strong demand for Universal Display’s innovative, high-performance phosphorescent materials and PPG’s best-in-class manufacturing expertise. Together, we have built an excellent operation to develop and efficiently commercialize leading-edge, next-generation red, green, yellow and blue emitters, and to foster the continued growth of the OLED display and lighting markets.”

In 2000, PPG established a strategic relationship with Universal Display for the commercialization and production of UniversalPHOLED materials. The Barberton plant, which PPG opened in 1900 and which currently employs more than 150 people, also produces: specialty materials such as optical casting resins used for eyewear applications; TESLIN® substrate, which is used in applications such as security and loyalty cards, electronic passports and specialized labels; and design silica products used in the manufacture of paints, tires and reinforced rubber products.

About Universal Display Corporation

Universal Display Corporation develops and organic light-emitting diode (OLED) technologies, materials and services to the display and lighting industries. Founded in 1994, the Company currently owns or has exclusive, co-exclusive or sole license rights with respect to more than 4,200 issued and pending patents worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of low-power and eco-friendly displays and lighting.

About PPG

PPG is among the only companies worldwide to manufacture AS, AG and AR coatings, and it offers one of the most complete lines of transparent functional coatings for glass, plastic and metal substrates. With its broad range of coatings expertise, PPG can also combine its transparent functional coating technologies into complete pre-engineered, pre-stacked and pre-packaged coatings solutions.

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Source: PPG
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