This project envisages the development of Asian Paints’ greenfield Vinyl Acetate Monomer Manufacturing Unit, at Dahej, Gujarat.
Project Overview:
Asian Paints (Polymers) Pvt Ltd, a wholly-owned subsidiary of Asian Paints Ltd, is developing a greenfield project in Gujarat’s Dahej. The upcoming project will be located in the GIDC Industrial Estate Dahej II, over an anticipated 25 Acres of land parcel.
The project envisages the construction of a Vinyl Acetate monomer (VAM), Vinyl Acetate Ethylene Emulsion (VAE), and Redispersible Polymer (RDP) manufacturing plant. It will have a total capacity of 605,000 MTPA, of which, VAM capacity will be 220,000 MTPA, whereas VAE capacity will be 360,000 MTPA. Moreover, the RDP plant will have a capacity of 25,000 MTPA.
The greenfield project is being developed at an estimated construction cost of INR 2,100 Crore and has a construction area of approximately 279,000 SqFt. It is poised to fulfill Asian Paint Ltd’s raw material demands as well as cater to domestic and export needs.
Larsen and Toubro Ltd is handling the civil works of the project, alongside Toyo Engineering India Ltd as the technical consultant.
Project details:
| Name of the Project | Asian Paints Vinyl Acetate Monomer Manufacturing Unit, Dahej |
| Latest Status | Under-Construction (Land development stage) Status Update: As of April 2024, the project is in the initial stages of construction. A PEB contractor will be appointed by mid-May. |
| Location | Bharuch, Gujarat |
| Construction Cost (INR-Crore) | 2,100 INR-Crore |
| Description | The project envisages the development of a greenfield Vinyl Acetate Monomer (VAM), Vinyl Acetate Ethylene Emulsion (VAE) & Redispersible polymer (RDP) Manufacturing Unit of capacity 605,000 TPA at Plot No. D/2/CH/4/A & D-2/CH/4/B, GIDC Industrial Estate, Dahej – 2, Vagra, Bharuch, Gujarat. Total power requirement: 15 MW. The construction cost and area of the project are tentative. |
| Segment | Manufacturing |
| Sub-Segment | Coloring chemicals |
| Sector | Private |
| Construction start | 2024 |
| Project completion (Estimated timeline) | 2025 |
ABOUT
Asian Paints (Polymers) Pvt Ltd
Asian Paints (Polymers) Pvt Ltd is a wholly-owned subsidiary of Asian Paints Ltd. Established in 2023, it focuses on manufacturing Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM).
India’s largest paint company, Asian Paints, manufactures a wide range of paints for decorative and industrial use. It also offers Wall Coverings, waterproofing, adhesives and services under its portfolio. Moreover, the company has introduced lighting, furnishings, UPVC windows and furniture to its portfolio.
The Indian multinational conglomerate Larsen & Toubro Limited, abbreviated as L&T, is headquartered in Mumbai, Maharashtra. With diverse interests spanning industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military, and financial services, L&T operates globally. Furthermore, it has a significant presence in over 25 countries.
It is an engineering consultancy and contracting company that blends Japanese technology and management practices with Indian expertise and ingenuity. Toyo Engineering India Ltd provides diverse services, such as design, engineering, procurement, consultancy, and contracting for customers. The company has a presence in various sectors like oil and gas, refinery, petrochemical, fertilizer, and chemical.
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