Applied Minerals has signed a supply contract with Samsung Cheil Industries to deliver its Dragonite-XR:LBV additive.
Applied Minerals produces Halloysite Clay solutions, while Samsung Cheil Industries, an associate business division of Samsung Group, develops chemicals, textiles and electronic chemical materials. Samsung will employ the Dragonite-XR:LBV additive in its LED applications.
Applied Minerals’ Dragonite-XR:LBV additive made from Halloysite is part of the company's Dragonite-XR product line. The additive is a reinforcing, char-forming synergist made for specialty polymer applications, which need a mix of retention, reinforcement and flame retardancy for optical transparency. Samsung has validated and specified this halogen-free additive, which will be launched as part of a formulation for LED uses. Applied Minerals is working in tandem with Samsung to customize its Dragonite solutions for broader range of applications.
Applied Minerals’ President and CEO, Andre Zeitoun stated that the company is happy that Samsung, which is renowned for developing sophisticated electronics materials and chemicals, has chosen the Halloysite Clay solution for its new LED applications. The supply agreement reinforces the capabilities of the natural additive in delivering a sustainable solution for complex applications. Zeitoun further added that the Dragonite product will allow Samsung to improve the products’ quality and at the same time will enable it to sustain its eco-friendly business practices.
LED displays are predominantly used in consumer electronics like PCs, laptops, tablets/readers, smart phones, LCD TVs, public transport vehicles, billboards and store signs. The emerging demand for LED displays is driven by LED energy efficiency. According to DIGITIMES, countless number of consumer electronics that use LED displays is being sold each year, and Samsung products lead the market in employing such LED displays.