Solus Advanced Materials to build a $20.5 million OLED materials plant in China

Korea-based OLED materials maker Solus Advanced Materials (previously Doosan Solus, which was spun-off from DEM in 2019) announced that it will setup a $20.5 million OLED materials fab in Changzhou, Jiangsu province in China.

Solus Advanced Materials OLED plant in Changzhou - render

The new factory will be modeled after the company's existing Iksan (South Korea) fab and iwll produce the same high quality OLED materials. It will start operations by the end of 2022, and by 2025 it will have a capacity of 20 metric tonnes.

Posted: Mar 30,2021 by Ron Mertens