Universal Display announced that the company will invest $15 million in PPG Industries' OLED facility in Barberton, Ohio. PPG will double its commercial production capacity of UDC's phosphorescent OLED emitter materials. The capacity expansion is scheduled to be completed in the third quarter 2017.
PPG Industries and UDC established a strategic relationship in 2000, and PPG is the exclusive producer of UDC's PHOLED emitter materials. In 2013, the two companies opened this OLED production plant in Barbertron as demand for OLED materials increased.