In 2019, Doosan Corp spun-off its OLED materials unit, which is now called Doosan Solus (and is listed on the Korean stock market). Last month it was reported that Doosan Corp aims to sell its 51% stake as it needs to raise funds to bail out its troubled Doosan Heavy I&C company.
According to a new report from Korea, Doosan Corp demands 1 trillion Won for its Doosan Solus stake (around $810 million USD), but at this price it did not manage to find any buyers.
Doosan Solus produces host materials for OLED displays, in addition to battery foil materials and bio components used in cosmetics and pharmaceuticals.
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Posted: May 27,2020 by Ron Mertens
