Asian Paints to set up new manufacturing facility in India
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.