OLED-T, a UK-based manufacturer of organic light emitting diode (OLED) materials, has invested $900,000 in a R&D facility on the Brunel University Science Park site, Uxbridge.

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The new 186m2 R&D facility is a chemistry laboratory that will enable OLED-T to accelerate the production of its OLED materials known as Elamates and develop future generations of materials.

DisplaySearch, the worldwide leader in display market research and consulting, reported that the OLED industry reached revenues of over $500 million in 2005 and forecast revenues of more than $4.6 billion by 2010.