Industry News, Ink Manufacturers News, Mergers and Acquisitions

Solvay Acquires Plextronics to Accelerate its OLED Display Development

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Solvay has completed the acquisition of U.S.-based Plextronics Inc. to bolster its organic light emitting diodes (OLED) electronic display technology and launch a new development platform with a strong Asian foothold. With Plextronics, Solvay is expanding its know-how in emerging applications such as OLED TV screens, OLED lighting and in lithium-ion batteries. OLED technology uses stacked layers of organic compounds that emit light when submitted to an electric current. It boosts luminance ef...

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