Merck Opens $33.6 Million OLED Materials Production Plant in Germany

Merck spent 30 million euros (about $33.6 million) to open an OLED materials production plant in Darmstadt, Germany, because it sees OLED as having “the potential to become an important technology of the future for displays and lighting,” the company said in a Sunday blog post. The plant opened Wednesday. Merck is working on materials for “ultra-thin, printable OLED displays that are flexible and rollable -- for example, for newly shaped smartphones,” the company said.