• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Suppliers Guide
      • Add Your Company
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Merck KGaA Expecting to Achieve Sustainable Profitable Growth in 3 Business Sectors

    Performance Materials implemented "Bright Future” transformation program.

    Related CONTENT
    • Merck KGaA Sees Profit Jump in Q2 2019
    • Merck KGaA, Universal Display Announce OLED R&D Collaboration
    • Intermolecular Stockholders Approve Acquisition by Merck KGaA
    • Merck KGaA Places Hybrid Bond Amounting to €1.5 Billion
    • Versum Stockholders Approve Acquisition by Merck KGaA
    09.12.19
    Merck KGaA, Darmstadt, Germany expects to achieve sustainable profitable growth in all three business sectors in the coming years.

    At its Capital Markets Day, the company informed analysts and investors about the progress it has made in implementing its strategy.

    “In recent years, we have rigorously positioned our businesses in innovation-driven technologies. Science is at the heart of everything we do and the foundation for our future growth,” said Stefan Oschmann, chairman of the Executive Board and CEO of Merck KGaA.

    Merck KGaA is now in the growth and expansion phase of its strategy and is well on track.

    In 2016, Oschmann presented the company strategy shortly after taking office as chairman of the Executive Board. Two years later, the Group defined its “Unite for Growth” strategy through to the year 2022.

    “We want to become the vibrant science and technology company. This objective is ambitious. With our three innovation-driven business sectors, we are shaping the rapidly advancing technological changes to our world,” said Oschmann.“For 2019, we continue to assume that the Group will increase all its key figures: sales, EBITDA pre and EPS pre. We also have our sights firmly set on profitable growth for 2020 and beyond.”

    Following the expected closing of the Versum Materials acquisition, the company will focus on generating cash to quickly lower its post-acquisition debt, as it usually does. Also, sustainable culture of cost awareness within the company continues to have high priority.

    Performance Materials has made significant progress with the implementation of its “Bright Future” transformation program announced in summer 2018.

    Performance Materials aims to benefit from sustainable growth trends, particularly the trend towards increasingly higher data volumes worldwide.

    As of 2020, Merck KGaA assumes that average annual sales growth in Performance Materials will range between 2% to 3%. The long-term EBITDA pre margin target is around 30%. Merck KGaA continues to assume that the market for semiconductor materials, measured in terms of silicon wafer area shipments (MSI, million square inches), will return to growth as of 2020. The planned acquisitions of Versum Materials for around $6.5 billion and Intermolecular for around $62 million are expected to close in the second half of 2019, subject to regulatory clearances and the satisfaction of other customary closing conditions.

    The OLED materials business is also showing a tremendous growth dynamic. According to industry estimates, the volume of the overall market for OLED materials will exceed that for liquid crystal materials as of 2022.

    In August, Merck KGaA and Universal Display Corporation (UDC) announced an R&D cooperation in the OLED field to accelerate the development of new products and further advance OLED technology. In 2016, a collaboration agreement was entered into with Idemitsu Kosan, likewise a well-established developer of OLED materials. To further strengthen its presence in the OLED materials market in Asia, Merck KGaA opened an OLED technology center in Shanghai in 2018 in addition to its existing centers in Southeast Asia. 
    Related Searches
    • merck kgaa
    • OLED materials
    • versum materials
    • display
    Suggested For You
    Merck KGaA Sees Profit Jump in Q2 2019 Merck KGaA Sees Profit Jump in Q2 2019
    Merck KGaA, Universal Display Announce OLED R&D Collaboration Merck KGaA, Universal Display Announce OLED R&D Collaboration
    Intermolecular Stockholders Approve Acquisition by Merck KGaA Intermolecular Stockholders Approve Acquisition by Merck KGaA
    Merck KGaA Places Hybrid Bond Amounting to €1.5 Billion Merck KGaA Places Hybrid Bond Amounting to €1.5 Billion
    Versum Stockholders Approve Acquisition by Merck KGaA Versum Stockholders Approve Acquisition by Merck KGaA
    Merck KGaA to Acquire Intermolecular Merck KGaA to Acquire Intermolecular
    Merck KGaA Signs Definitive Agreement to Acquire Versum Materials Merck KGaA Signs Definitive Agreement to Acquire Versum Materials
    Merck KGaA Commences Tender Offer for All Outstanding Shares of Versum Merck KGaA Commences Tender Offer for All Outstanding Shares of Versum
    Merck KGaA Investing €1 Billion at Darmstadt Site Until 2025 Merck KGaA Investing €1 Billion at Darmstadt Site Until 2025
    Merck KGaA Urging Versum Shareholders to Vote Against Entegris Acquisition Merck KGaA Urging Versum Shareholders to Vote Against Entegris Acquisition

    Related Breaking News

    • 3D Printing | Breaking News | Contract Manufacturing/Printing | Manufacturers News
      Jabil Strengthens Additive Manufacturing Offerings

      Jabil Strengthens Additive Manufacturing Offerings

      Adds new PK 5000 engineered material and digital manufacturing expansions.
      05.17.22

    • Breaking News | Manufacturers News | RFID and NFC
      Avery Dennison, Wiliot Partner to Build and Scale the Future of IoT

      Avery Dennison, Wiliot Partner to Build and Scale the Future of IoT

      Avery Dennison will leverage its R&D capabilities and scale to design and manufacture second-generation Wiliot tags.
      05.17.22

    • 3D Printing | Breaking News | Manufacturers News
      HP Delivers Enhanced Platform Capabilities to Accelerate Additive Manufacturing Production at Scale

      HP Delivers Enhanced Platform Capabilities to Accelerate Additive Manufacturing Production at Scale

      Advancements to HP Jet Fusion 5200 platform deliver on speed, quality, cost, reliability.
      05.17.22


    • Breaking News | Manufacturers News | RFID and NFC
      Identiv Showcases Bespoke RFID and IoT Solutions at RFID Journal LIVE!

      Identiv Showcases Bespoke RFID and IoT Solutions at RFID Journal LIVE!

      Company positioned to meet the growing demand for RFID and NFC solutions to verify and secure the IoT.
      05.17.22

    • Breaking News | Manufacturers News | Photovoltaics
      Scout Clean Energy Orders 378 MW of First Solar Modules

      Scout Clean Energy Orders 378 MW of First Solar Modules

      Advanced, lower carbon thin film solar modules to power Scout projects.
      05.17.22

    • Breaking News | Manufacturers News | RFID and NFC
      Eight in 10 Warehouse Associates Say They are Seeing PositIve Workplace Changes: Zebra

      Eight in 10 Warehouse Associates Say They are Seeing PositIve Workplace Changes: Zebra

      In a new Zebra study, about 60% report improving work conditions and better adoption of technologies such as RFID and wearables that make their jobs easier.
      05.17.22


    • Breaking News | Manufacturers News | RFID and NFC
      HID Global Acquires Vizinex RFID

      HID Global Acquires Vizinex RFID

      Acquisition enhances HID Global’s portfolio of asset tracking tags to now also include a RFID product platform based on printed circuit board assembly (PCBA).
      05.17.22

    • Breaking News | Conductive Inks and Coatings | Suppliers News
      Nazdar Ink Technologies to Produce VFP Ink Technologies Electronic Inks for the US Market

      Nazdar Ink Technologies to Produce VFP Ink Technologies Electronic Inks for the US Market

      VFP's core business is developing and manufacturing decorative and functional screen inks for industrial applications.
      05.17.22

    • Breaking News | Displays and Lighting | Manufacturers News
      LG Display’s Research Results Reaffirm OLED is Optimal Gaming Display

      LG Display’s Research Results Reaffirm OLED is Optimal Gaming Display

      Study shows that a gamer’s reaction time can be improved by using OLED, while a display’s curvature provides a more immersive gaming experience.
      05.17.22


    • Breaking News | Product Releases | RFID and NFC
      Tageos Highlights New RFID Products at RFID Journal Live! 2022

      Tageos Highlights New RFID Products at RFID Journal Live! 2022

      Presents all-new RFID inlays and tags for on-metal use, retail, food supply chain and more applications.
      05.17.22

    • Breaking News | Graphene, Perovskites and Carbon Nanotubes | Manufacturers News | Photovoltaics | Sensors and Wearables
      Google Cloud, Saule Technologies and Columbus Energy Begin Strategic Cooperation

      Google Cloud, Saule Technologies and Columbus Energy Begin Strategic Cooperation

      Working on innovations in the energy and IoT sectors using perovskite solar cells.
      05.16.22

    • Breaking News | Displays and Lighting | Manufacturers News
      JDI Develops eLEAP, World’s First Maskless Deposition + Lithographic OLED

      JDI Develops eLEAP, World’s First Maskless Deposition + Lithographic OLED

      Because eLEAP does not use FMMs, the eLEAP manufacturing process significantly reduces both material usage and waste and CO2 emissions.
      05.16.22


    • Breaking News | Manufacturers News | RFID and NFC
      Toppan Develops Temperature Logger Label for Long-Distance Transportation

      Toppan Develops Temperature Logger Label for Long-Distance Transportation

      Supports preservation of fresh foods in international logistics with label used as a tool for measuring and recording temperature using UHF and NFC.
      05.16.22

    • Breaking News | Graphene, Perovskites and Carbon Nanotubes | Research Institutions
      Graphene Flagship Launches Its First Customizable Wafer Run

      Graphene Flagship Launches Its First Customizable Wafer Run

      2D Experimental Pilot Line offers developers the chance to test graphene-based sensors on large scale and at low cost.
      05.16.22

    • Breaking News | Financial News | RFID and NFC
      CCL Industries Announces 1Q 2022 First Quarter Results

      CCL Industries Announces 1Q 2022 First Quarter Results

      Sales for the first quarter of 2022 increased 12.8% to $1,521.7 million, with RFID leader Checkpoint’s sales up 20.3% to $203 million.
      05.16.22

    Breaking News
    • Jabil Strengthens Additive Manufacturing Offerings
    • Avery Dennison, Wiliot Partner to Build and Scale the Future of IoT
    • HP Delivers Enhanced Platform Capabilities to Accelerate Additive Manufacturing Production at Scale
    • Identiv Showcases Bespoke RFID and IoT Solutions at RFID Journal LIVE!
    • Scout Clean Energy Orders 378 MW of First Solar Modules
    View Breaking News >
    CURRENT ISSUE

    Winter 2021

    • Printed Electronics Now’s International Suppliers’ Directory
    • The Automotive Market and Flexible and Printed Electronics
    • Flexible and Printed Electronics in Healthcare
    • Flexible and Printed Electronics Make Gains in Smart Packaging
    • PAPERONICS: Low-cost multisensory paper and packaging applications
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Nootropics and Adaptogens Respond to Demand for Mind and Mood Support
    Sabinsa Honors 70th Anniversary of Diplomacy Between India and Japan
    Solvay Invests in Suanfarma’s Vanillin Production
    Coatings World

    Latest Breaking News From Coatings World

    DIC’s Indian Subsidiary Begins Construction of Coating Resins Production Facility
    Celanese Declares Force Majeure on Acetyl Chain and Acetate Tow Products
    CPI Announces New Hybrid Professional Development Program for 2022
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Vivasure Medical Raises $23 Million in Series D Financing Round
    New Patents Add Value to Know Labs' Bio-RFID Tech
    Ra Medical Granted Patent for Catheters With Expanded Ablation Area
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Evotec SE and Sernova Corp Announce Partnership in the Field of Diabetes
    Emergex COVID-19 Vaccine Candidate Successfully Coated onto Zosano Micro-Needle Patch
    Thabor Therapeutics Appoints Jérémie Mariau as CEO
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Aveda is Leaping Bunny Approved by Cruelty Free International
    Bite Beauty Is Closing Later This Year
    Johnson & Johnson Names CEO & CFO of Planned Consumer Health Company
    Happi

    Latest Breaking News From Happi

    Nautica Introduces Oceans Pacific Coast Vegan & Sustainable Fine Fragrance Collection
    Dip Powder Nail Brand Nailboo, Expands Into Retail Exclusively At Sally Beauty
    Bite Beauty Is Closing Down Operations by the End of 2022
    Ink World

    Latest Breaking News From Ink World

    Nazdar Ink Technologies to Manufacture VFP Ink Technologies Electronic Inks for US
    Sun Chemical Heads to Flexo and Labels 2022
    PETRONAS Chemicals Group to Acquire Perstorp Group
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Essentra Packaging invests in Landa Nanographic press
    Nazdar to manufacture VFP electronic ink for US Market
    SunDance moves into flexible packaging with HP Indigo
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    The Honest Company to Sell Diapers, Wipes at Walmart
    Jim Cree Named Joins Monadnock Nonwovens
    IFAI Members Approve Name Change
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Paragon 28 Launches Grappler Suture Anchor System
    Paul Stellato Appointed Chief Accounting Officer at Zimmer Biomet
    DuPuy Synthes’ INHANCE Shoulder System Cleared by FDA for Reverse Total Shoulder Arthroplasty
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Jabil Strengthens Additive Manufacturing Offerings
    Avery Dennison, Wiliot Partner to Build and Scale the Future of IoT
    HP Delivers Enhanced Platform Capabilities to Accelerate Additive Manufacturing Production at Scale

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login