Solvay commits EUR 10 million to fuel Plextronics' technology development in OLED and OPV
Printed electronics is an emerging technology that takes advantage of new organic materials applied to existing printing technologies to manufacture on industrial scale electronic devices with a wider variety of shapes and supports, including thin, flexible substrates, with low manufacturing costs. Plextronics specializes in polymer-based materials and technologies for key applications of printed electronics such as organic light emitting diodes (OLED), specifically OLED displays and lighting, as well as organic photovoltaic cells (OPV).
"This continued investment clearly demonstrates Solvay's commitment to Plextronics and the field of printed electronics. The adoption of OLED technology, for example, is a visible sign that organic and printed electronics are on the verge of becoming a major market for advanced materials. Plextronics is our partner of choice to succeed in this high growth area, and we continue to work closely on developing joint business opportunities," comments Léopold Demiddeleer, Head of Future Businesses & Corporate Platforms, a section of Solvay's newly created Innovation Center.
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