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DuPont Displays Opens OLED Materials Scale-Up Facility for Next Generation TVs
  • USA - English


News provided by

DuPont

Sep 30, 2015, 09:00 ET

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Materials are critical to the performance of an OLED TV and we are confident that DuPont has the best performing solution OLED materials available in the market today.

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Wilmington, Del. (PRWEB) September 30, 2015 -- DuPont Displays (DuPont) today announced the opening of a state-of-the-art, scale-up manufacturing facility designed to deliver production scale quantities of advanced materials that enable large-format, solution-based printed Organic Light Emitting Diode (OLED) displays. These materials are designed to help manufacturers develop OLED displays that are brighter, more vivid, longer lasting and significantly less expensive than the OLED TVs on the market today. The facility is located at the DuPont Stine-Haskell Research Center (Stine-Haskell) in Newark, Del., near DuPont’s global headquarters in Wilmington.

“Materials are critical to the performance of an OLED TV and we are confident that DuPont has the best performing solution OLED materials available in the market today,” said Avi Avula, global business director, DuPont Displays. “Our vision is that OLEDs will become the display standard and to make that vision a reality, we are focused on helping our customers bring the cost of large sized OLED TVs down to less than $1000 by 2020.”

DuPont’s new scale-up facility is sized to meet the future growth expectations of the OLED TV industry, which analysts predict will increase by over 70 percent for the next several years and will require large quantities of highly sophisticated OLED materials. DuPont has been developing its suite of advanced OLED materials for the last 15 years. These materials are highly regarded for both solution and evaporative applications due to their long lifetime and deep color. In addition to its recently announced collaboration with an inkjet equipment maker to advance solution printed displays, DuPont is actively engaged with the leading OLED display manufacturers to bring solution printed OLED technology to market as quickly as possible.

DuPont’s new OLED facility at Stine-Haskell has large-scale formulation systems and can support simultaneous production of multiple product lines. It was designed with a focus on employee safety, environmental responsibility and producing superior quality materials with the highest possible purity. The project was partially funded by a grant from the state of Delaware in 2012, with DuPont investing more than $20 million in the facility.

DuPont Displays brings more than 15 years of experience in enabling evaporative and solution-based OLED technologies through advanced materials that deliver the color, efficiency and lifetime performance that display manufacturers and consumers demand. DuPont offers highly engineered, next-generation OLED materials as well as solution process know-how that makes the promise of lower cost OLED technology commercially feasible for TVs and other large-format displays.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.

Forward-Looking Statements: This document contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “believes,” “intends,” “estimates,” “anticipates” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about the company’s strategy for growth, product development, regulatory approval, market position, anticipated benefits of recent acquisitions, timing of anticipated benefits from restructuring actions, outcome of contingencies, such as litigation and environmental matters, expenditures and financial results, are forward looking statements. Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the company’s control. Some of the important factors that could cause the company’s actual results to differ materially from those projected in any such forward-looking statements are: fluctuations in energy and raw material prices; failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules, regulations and policies affecting products based on biotechnology; significant litigation and environmental matters; failure to appropriately manage process safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, weather events and natural disasters; ability to protect and enforce the company’s intellectual property rights; successful integration of acquired businesses and separation of underperforming or non-strategic assets or businesses, including timely realization of the expected benefits from the separation of Performance Chemicals. The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.

# # #

9/30/15

Noelle Hagen, DuPont, 919-248-5062, [email protected]

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