Skip to main content

Japanese company opens R&D centre in Basel

| News

Japanese company opens R&D centre in Basel

25.01.2017

Idemitsu Kosan is a Japanese petroleum company, but it also develops and manufactures electronic materials. The company is now opening a research and development centre for organic light-emitting diodes in Basel, its first outside of Japan.

Panorama Basel (img: Andreas Zimmermann)

Considerable advances have been made in the use of OLED (organic light-emitting diodes) displays in numerous products, including smartphones and large-screen televisions. For this reason, Idemitsu Kosan has decided to enhance its development capacity in this field by establishing an OLED materials development company in Basel. Idemitsu OLED Materials Europe AG, which is opening in January, will be the company’s second OLED R&D facility. The first is in the city of Sodegaura in Japan, explains the company in a statement.

Idemitsu has been cooperating with BASF Schweiz AG in the OLED field, and the OLED researchers from BASF will now work for Idemitsu in the canton of Basel-Stadt. Switzerland is an ideal location for the new R&D centre because it is a global leader in fine chemical synthesis, which is when compounds or new materials are developed out of elements. Researchers from diverse technical backgrounds will develop Idemitsu’s OLED technology in Basel, thus strengthening this business area.

The location promotion organisation BaselArea.swiss assisted Idemitsu in the search for a suitable location.

Share this article

Sign up to receive our newsletter in your inbox.

You might also be interested in

Roche investing an additional 1.2 billion Swiss francs in Basel

Roche will be putting an additional 1.2 billion Swiss francs towards the renovation of its site in Basel. This investment...
Read More

Nouscom secures 67.5 million euros in financing

Biotech company Nouscom has raised 67.5 million euros in a series C financing round. The Basel-based firm intends to use...
Read More

Celebrating six months of innovation: i4Challenge accelerator New Ideas 2022/2023

On the 5th of July 2023, the 3rd iteration of the i4Challenge accelerator program New Ideas came to its conclusion....
Read More

How open innovation in healthtech hubs is fueling the rise of digital healthcare

How the ever-increasing uptake of digital solutions is enhancing patient engagement, increasing access to care and lowering the cost of...
Read More

How to access the U.S. market with your medical device

In one of our latest Venture Mentoring events by Basel Are Business & Innovation, we invited Nila-Pia Rähle to speak...
Read More

Paradigm shift in pain management

Pain is a crucial sensation for survival, but it can also drive us to depression and long-term suffering if not...
Read More

Do you have a question? We'd like to hear from you.