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Solvay Invests In Plextronics

September 3, 2007 | A version of this story appeared in Volume 85, Issue 36

Solvay and four venture capital firms have injected a total of $20.6 million into Plextronics, a Pittsburgh company developing polymer-based semiconductors for printed electronics. Solvay's share of the investment, $10 million, earns it a minority interest in Plextronics. For Solvay, the investment complements a recent joint development agreement with the Norwegian printed electronics firm Thin Film Electronics and a research collaboration with Georgia Institute of Technology's Center for Organic Photonics & Electronics.

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