Merck Breaks Ground on New Advanced Technology Center

뉴스 제공

Merck Ltd.

2008-07-09 15:06

Seoul--(뉴스와이어)--Merck in Korea, a Korean subsidiary of Merck KGaA of Darmstadt, Germany, held a groundbreaking ceremony today for its new Advanced Technology Center (ATC) in Poseung, Korea.

“Merck will continue to support their customers, allowing them to achieve business success through our advanced technologies and close relationships,” said Dr. Frank Stangenberg-Haverkamp, a member of the Merck family and Chairman of the Board of Partner of E. Merck OHG. “This new investment in Korea reconfirms our commitment and responsibility to contribute innovative solutions for the future success of the Korean display industry” .

Merck is investing 14 billion Korean Won (? 11 million) in the ATC in order to improve its research and development and manufacturing capacities in Korea and thus strengthen Merck’s position as market and technology leader for liquid crystals materials.

Already in 2002, Merck established Merck Advanced Technology Ltd. (MAT) to consolidate all its display business and operational activities in one location to better serve the Korean LCD industry. With this initial investment, a production and warehouse site was opened in Poseung in 2002.

Merck’s close ties with customers are already apparent at MAT, which offers a one-stop cooperation system to Korean LCD manufacturers. The system begins in the research and development phase and moves on to production, quality management and business cooperation.

MAT’s cutting-edge technologies are not limited to liquid crystals but also include OLED (Organic Light-Emitting Diodes), organic TFT (Thin-Film Transistors), organic materials for solar cells, RFID (Radio Frequency Identification) chips, optical film materials as well as RM (Reactive Mesogens) for optical compensation films, which improve the picture quality of LCD televisions. In 2007, Merck was honored by the Ministry of Science & Technology and was granted a Prime Minister Award on the Seventh Foreign Company Day in November for its contributions to the Korean Economy.

About Merck in Korea:

Merck Ltd., registered in 1989, and Merck Advanced Technologies Ltd., established in 2002, are the Merck companies in Korea and operate in pharmaceuticals and the chemical industries of Liquid Crystals, Performance & Life Science Chemicals such as Pigments, Life Science products and Analytics. In 1999, Merck in Korea set up its Korean pharmaceutical operation. This was integrated with Serono Korea after Merck KGaA’s purchase of Serono S.A.in 2007.

All Merck Press Releases are distributed by e-mail at the same time they become available on the Merck Website. Please go to www.merck.co.kr .

Merck is a global pharmaceutical and chemical company with total revenues of ? 7.1 billion in 2007, a history that began in 1668, and a future shaped by 31,681 employees in 60 countries. Its success is characterized by innovations from entrepreneurial employees. Merck's operating activities come under the umbrella of Merck KGaA, in which the Merck family holds an approximately 70% interest and free shareholders own the remaining approximately 30%. In 1917 the U.S. subsidiary Merck & Co. was expropriated and has been an independent company ever since.

웹사이트: http://www.merck.co.kr