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R&H and SKC to Form Electronics Films JV

11:51 AM MDT | August 27, 2007 | Nancy Seewald

Rohm and Haas (R&H) says it plans to form a joint venture with SKC (Seoul) to develop, manufacture, and market advanced optical and functional films for the flat-panel display industry. The jv will also make specialty display films and dispersions for liquid crystal and plasma displays. The jv will be formed through the spin-out of SKC’s Display Technologies (Seoul) unit. R&H says that it expects to invest roughly $190 million in exchange for a 51% stake in the jv. The business is expected to generate revenues of $300 million in its first year of...

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