Bharuch: Asian Paints Ltd.’s subsidiary, Asian Paints (Polymers) Pvt., plans to set up a chemical manufacturing facility in Dahej, Gujarat, at a cost of ₹3,250 crore, as per an exchange filing on Thursday.
The facility, originally estimated to cost ₹2,560 crore, will manufacture Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) while also housing an ethylene storage and handling unit.
In its filing, the company stated, "It is now informed that the Board of Directors a...Read More