Plastic Logic announced a major investment from Russia's RUSNANO. The $700 million (!) investment will be used to build a mass-production factory for thin, light and flexible plastic-based e-paper displays. Those displays will be used in Plastic Logic’s first commercial consumer electronics product, a next-generation electronic reader for business that is currently under development.
The new factory will be built in Zelenograd, Russia, and is scheduled to begin production in 2013/2014 - and will be able to produce hundreds of thousands displays monthly. This will be Plastic Logic's second factory (the first one was opened in 2008 in Dresden, Germany). Russia hopes that this move will establish a commercial plastic electronics industry.