SOLVAY
Expansion in organic electronics development / Investment in Plextronics
The Solvay chemical group (Brussels / Belgium; www.solvay.com), as lead investor, is to invest USD 10m in the recent capital increase of Plextronics (Pittsburgh, Pennsylvania / USA; www.plextronics.com), giving it a minority share in the company. Plextronics develops and markets polymer-based technologies for printed electronics such as displays, solar cells and RFID smart tags.
Solvay’s investment complements two other research agreements – between the company's subsidiary Solvay Solexis and Thin Film Electronics (Linköping / Sweden; www.thinfilm.se) for the development of polymer ink for printed electronic circuits, and with the Georgia Tech Center for Organic Photonics and Electronics (COPE; www.cope.gatech.edu) in Atlanta, Georgia / USA. Plextronics says that it is creating technology that will enable it to produce 15 bn of these parts, which are based on printed electronics, by 2015.
Solvay’s investment complements two other research agreements – between the company's subsidiary Solvay Solexis and Thin Film Electronics (Linköping / Sweden; www.thinfilm.se) for the development of polymer ink for printed electronic circuits, and with the Georgia Tech Center for Organic Photonics and Electronics (COPE; www.cope.gatech.edu) in Atlanta, Georgia / USA. Plextronics says that it is creating technology that will enable it to produce 15 bn of these parts, which are based on printed electronics, by 2015.
11.09.2007 Plasteurope.com [208947]
Published on 11.09.2007