PPG and Universal Display will expand the production of UniversalPHOLED materials
KOMPANI PPG and Universal Display announced Universal Display to invest $ 15 million in production owned by PPG. The investment will allow the doubling of commercial production of UniversalPHOLED phosphorescent materials, created by experts and used by Universal Display in the OLED display.
Universal Display is a leading provider of materials for OLED displays used in TVs, smartphones and tablets, as well as for lighting panels OLED. PPG is the exclusive industrial partner of Universal Display. Cooperation of companies began in 2000. In 2013, PPG and Universal Display opened a factory where are made the materials of the OLED. The company is located in Ohio, USA. The expansion will increase its staff by more than 20 people. Project completion is scheduled for the third quarter of 2017.
Source: Universal Display