Solus Advanced Materials (previously Doosan Solus), spun-off from Doosan Electro Materials in 2019, is producing materials for the electronics industry, the health and beauty industry and the battery industry.
For the OLED industry, Solus is producing HBL, ETL, EIL and other materials - and it is developing blue and green host materials. Solus is also researching new materials such as TADF emitters and quantum dots.
In 2015 Doosan signed a business arrangement and cross-patent agreement with Idemitsu Kosan to cooperate on OLED manufacturing.
In 2021 Solus announced it started to supply HTL materials to LGD. Earlier in 2021, Solus Advanced Materials announced that it will setup a $20.5 million OLED materials fab in Changzhou, Jiangsu province in China. In 2023 the company constructed a new fab to produce encapsulation and high-refractive index OLED materials.
Solus Advanced Materials is a public company that trades in the Korean stock exchange (1710538D:KSKRW)