Idemitsu Kosan is a Japanese company, founded in 1911, to engage in oil distribution, and over the years they have gained experience in fuel products and basic chemicals, plastics, electronic materials and OLED materials. Idemitsu is best known for its fluorescent blue emitter and host.

Idemitsu Kosan are working towards OLED materials together with BOE Display, Merck, Sony, LG Display, Mitsui chemicals, Doosan and UDC. Together with Panasonic, the company launched an OLED lighting joint-venture called Panasonic Idemitsu OLED Lighting (PIOL), but PIOL was dissolved when Panasonic withdrew from the OLED lighting market.

In January 2016 we posted an interview with Idemitsu's electronic materials chief.

Company Address: 
100-8321
Tokyo
Tokyo
1-1 Marunouchi 3-chome
Chiyoda-ku
Japan

The latest Idemitsu Kosan OLED news:

Things we learned at the first day of OLED Korea 2019

The first day of the OLED Korea 2019 conference is almost over - with some interesting lectures and talks by leading OLED companies and professionals. Here are some of the things under discussion today (highlights only):



LGD's future plans for OLED TVs at OLED Korea 2019 photo

  • Some believe there will be a real market for >$2,000 foldable OLED devices, and some call for cost reductions before real adoption could take place
  • LG Display is optimistic regarding the future of OLED TVs
  • Samsung will not commit yet to its QD-OLED technology
  • Both Cynora and Kyulux are rapidly progressing towards a long lasting TADF/HF blue - but it seems there's still work to be done
  • Idemitsu Kosan is increasing its fluorescent OLED emitter efficiency
  • Universal Display's RGBB architecture is back on the table - and the company now highlights the architecture's low blue light emission. UDC seems more optimistic then ever regarding blue PHOLED commercialization
  • Equipment maker's focus is shifting to China as Korean OLED makers will not increase capacity in the near future

Idemitsu Kosan starts to construct its OLED materials production plant in Chengdu, China

In April 2018 OLED materials producer Idemitsu Kosan announced plans to establish a new OLED production subsidiary in Chengdu, China. The investment in Idemitsu's third OLED production plant will total $12.8 million USD.

Idemitsu Kosan OLED plants and offices, Dec-2018

Idemitsu now updates that it is starting to construct the new production plant, which will have a capacity of 12 tonnes per year. The construction will be completed by November 2019 and commercial production is scheduled to begin in the first quarter of 2020.

DSCC lowers its OLED material revenue forecasts, published Samsung's latest OLED stack

DSCC lowered its OLED material revenue forecasts, saying that the market is expected to grow at a 25% CAGR from $773 million in 2017 to $2.35 billion in 2022 (down from its previous estimates of $2.56 billion in 2022). The fastest growing (51% CAGR) OLED application will be OLED lighting, which will grow from $12 million in 2017 to $95 million in 2022.

Samsung Galaxy S9 material stack (DSCC)

DSCC also published the material stack for Samsung's latest OLEDs (used in the Galaxy S9), which you can see above.

Idemitsu Kosan to establish its 3rd OLED material plant in Chengdu, China

OLED materials producer Idemitsu Kosan established a new OLED production subsidiary in Chengdu, Sichuan Province, China. The new company, 100% owned by Idemitsu Kosan, is called Idemitsu Electronic Materials (China) Co., Ltd. and the capital investment in this new company is $12.8 million USD.

The new Chengdu fab will be Idemitsu's third OLED production fab, joining its plant in Omaezaki, Shizuoka Prefecture, Japan and Paju, South Korea. Idemitsu says that this new production plant will enable it to meet the growth in demand from OLED makers in China.

Idemitsu Kosan and Toray to co-develop OLED materials

Japan-based OLED material maker Idemitsu Kosan announced a new partnership with Toray Industries to co-develop OLED materials.

Toray and Idemitsu will mutually utilize the OLED materials, technology and expertise that both companies possess, and will cooperate in the development of new materials and material evaluation. The two companies will also jointly use their evaluation facilities and production facilities. Both companies hope that this collaboration will accelerate OLED material development and enable lower cost production.

Idemitsu Kosan and LG Chem to share OLED material patents

Idemitsu Kosan and LG Chem announced a new collaboration agreement that will allow both companies to use each other OLED material-related patents in certain areas.

IDEL Korean OLED plant photo

Idemitsu and LG Chem hope that this collaboration and patent sharing agreement will accelerate the development of new high-performance OLED materials. Through this cooperative arrangement, both companies will strongly support the OLED business of LG Display - but will also offer the outcome of this collaboration to other display companies.

Idemitsu Kosan to expand its OLED material production capacity next year by 70%

According to the Nikkei Asian Review, Japan-based OLED material maker Idemitsu Kosan plans to expand its production of OLED materials by 70% by March 2019 (end of Fiscal Year 2018). Its Korean subsidiary Idemitsu Electronic Materials Korea will increase annual production by 60% to 8 tons (this was already announced last year) while it's Shizuoka plant will double its capacity to 4 tons.

IDEL Korean OLED plant photo

The Asian Review says that Idemitsu and Merck together hold a market share of about 70%-80% from all OLED material sales. Idemitsu generated around $135 million in revenues from OLED materials in 2016, with a high profit margin.

Idemitsu Kosan and BOE Display sign a strategic alliance to develop OLED materials and displays

Idemitsu Kosan and BOE Display agreed to form a strategic alliance with an aim to develop high-performance OLED materials and displays. Specifically, Idemitsu intends to develop and supply OLED materials in accordance with BOE's needs, as BOE is starting to mass producing OLED displays in several fabs in across China.

Flexible AMOLED prototype (BOE, Chengdu fab)

Idemitsu Kosan is in the process of expanding its OLED material production at its Korean subsidiary Idemitsu Electronic Materials Korea, and the company also recently established a new OLED materials development company in Switzerland. Idemitsu is supplying its OLED materials to both LG Display and Samsung Display and is apparently enjoying an increased demand and is looking to start selling its materials to BOE DIsplay as well. We recently posted aninterview with Idemitsu's electronics materials chief.

Idemitsu Kosan to establish an OLED R&D company in Switzerland

Last month Japan-based OLED material maker Idemitsu Kosan announced that it has decided to expand the OLED material production capacity at it's Korean subsidiary Idemitsu Electronic Materials Korea. Idemitsu now announced that it plans to establish a new OLED materials development company in Switzerland.

Idemitsu says the new company will be established "in order to enhance its development structure in preparation for future growth in demand for OLED materials". Idemitsu has been collaborating with BASF's Switzerland's branch "for some time", and now Idemitsu will hire OLED researchers from BASF (this probably follows Universal Display's acquisition of BASF's OLED IP in June 2016).

Idemitsu Kosan expands its OLED production capacity in Korea to meet the expected rise in demand

Japan-based OLED material maker Idemitsu Kosan announced that it has decided to expand the OLED material production capacity at it's Korean subsidiary Idemitsu Electronic Materials Korea. Idemitsu said that decision is a response to the expected increase in demand for OLED materials due to increased penetration of OLED displays.

IDEL Korean OLED plant photo

The Korean factory currently has a capacity of 5 tons per year, and this will be increased to 8 ton per year. Combined with its factory in Japan, Idemitsu total capacity will grow to 10 ton per year. The new capacity is expected to be online by the end of the first half of FY2017 (which means by September 2017).

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