On September 26, 2017, Idemitsu Kosan and Toray, specializing in OLED light emitting materials, signed on a new technology cooperation agreement to jointly develop OLED materials.
Toray and Idemitsu Kosan are expected to collaborate on the development and evaluation of new materials through the mutual use of OLED materials and expertise from both companies. The two companies will jointly use evaluation facilities and production facilities, and said they hope this technical cooperation agreement will accelerate the development of OLED materials and enable low-cost production.