Dow Electronic Materials, a business unit of Dow Advanced Materials, today held an opening ceremony to inaugurate its new OLED Electronic Materials facility in Cheonan, Korea.
The facility will supply leading-edge emissive materials to serve the rapidly growing active matrix OLED market. The opening ceremony was held at the Cheonan, Korea manufacturing facility and was attended by Jerome A. Peribere, president and CEO of Dow Advanced Materials, and regional government officials from South Chungchong Province and Cheonan City.
Dow’s new OLED production facility is located in the Cheonan Industrial Cluster for Foreign Investors. The new manufacturing facility, which began operation in December 2009, produces leading-edge emissive materials that provide the brilliant color for OLED displays.
“Dow’s new OLED manufacturing facility provides a strong foundation for Dow to meet the demands of this emerging market, particularly in Korea and East Asia,” said Dominic Yang, Group Vice President, Dow Electronic Materials. “The new OLED facility reinforces Dow’s business leadership in the display technology market and complements well our recently announced plans to build a new R&D center, and trimethyl gallium plant in Korea.”
Dow has invested more than $300 million in the Korean electronic materials industry over the last 10 years, including the recently announced expansion of manufacturing capacity for TMG (trimethyl gallium), which is core material for LED production, and The Dow Seoul Technology Center in Hwaseong, Gyeonggi Province, which will focus on technologies for flat panel displays and semiconductors.
The Cheonan facility also includes manufacturing operations for Dow’s semiconductor technologies business.