WILMINGTON, Del., Sept. 30, 2015 (GLOBE NEWSWIRE) -- via PRWEB - 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.
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