Asian Paints to set up new manufacturing facility in India
Aian Paints has approved the setting up of a manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) in India.
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The installed capacity of the new manufacturing facility would be 100,000 tons per annum for VAM and 150,000 tons per annum for VAE. VAM is a key input for manufacturing VAE.
Key constituent for manufacturing environment friendly paints
VAE is considered as a key constituent for manufacturing environment friendly paints. Asian Paints, already imports VAE & VAM for its internal consumption. The setting up of facility for manufacture of VAM would be based on licensed technology tie up with Kellogg Brown & Root LLC, USA.