One year ago, Korea-based OLED materials maker Solus Advanced Materials completed the construction of a new OLED materials plant at Iksan. The company now announced that it will double the capacity of its Iksan OLED plant, and already started constructing the new facilities.
It seems as if Solus Advanced Materials is building a new production base, and it will move all OLED materials production into the new base, which will be called the Hamthermal Complex. The company aims to finish the construction by the end of 2025, with mass production of materials is scheduled for early 2026. The company received subsidiaries from the local government of Iksan City and Jeonbuk province.
In 2021 Solus announced that the company will start supplying HTL materials for LG Display, for its E3 line in Paju, used to produce OLED TVs. Earlier that year Solus Advanced Materials announced that it will setup a $20.5 million OLED materials fab in Changzhou, Jiangsu province in China.
Solus is mass producing many OLED materials, including HTL, ETL, HBL, a green host material, and CPL. It also develops TFE encapsulation materials, and is developing next-generation quantum dots materials.
