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A subsidiary of Asian Paints Ltd, Asian Polymer, also called Asian Paints (Polymer), is set to expand its production unit with a significant greenfield project in Gujarat’s Industrial hub. This move is going to revolutionise the polymer manufacturing landscape in the local region. Keep reading to know how…
Location and Scope
The project is based in GIDC Industrial Estate Dahej II, Gujarat, and will acquire approximately 25 acres of prime land.
Manufacturing Facilities
This expansion focuses on building a modern facility for manufacturing Vinyl Acetate Monomer (VAM), Vinyl Acetate Ethylene Emulsion (VAE), and Redispersible Polymer (RDP).
Once operational, it will boast a total capacity of 605,000 metric tons per annum (MTPA), with VAM and VAE capacities of 220,000 MTPA and 360,000 MTPA, respectively. The RDP plant will contribute with a capacity of 25,000 MTPA.
Investment and Construction
The project will cost an estimated 2,100 crore INR. The construction area is anticipated to span approximately 279,000 square feet to scale this project.
Environmental Impact
Asian Paints (Polymers) Pvt Ltd is aware of its environmental responsibilities and is thus aiming to adhere to strict environmental regulations and adopt eco-friendly practices throughout its operations.
Resource Efficiency
Efforts will be made to optimise resource utilisation and minimise waste generation, which organisations nowadays should take care of to increase their overall efficiency on the road to sustainable development.
Project Partners
This ambitious project is being made possible through partnerships with top companies in the industry. Larsen and Toubro Ltd are managing the construction work, and Toyo Engineering India Ltd is providing technical advice for the project.
Strategic Vision
Asian Paints’ Greenfield Project in Dahej is not just about expansion, it represents a strategic vision to enhance production capabilities, meet raw material demands, and cater to both domestic and international markets.
Asian Paints (Polymers) Pvt Ltd’s Greenfield Project in Dahej, Gujarat, is going to be a significant milestone in the polymer industry as it will boost innovation, sustainability, and growth. It will also make India self-sufficient, uplifting the local polymer market.
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