In order to meet the future demand conditions, Asian Paints has proposed to expand the existing paint manufacturing capacity from 130,000 KL to 300,000 KL per annum. The company has also proposed to augment the manufacturing capacity of synthetic resins and emulsions from existing 32000 MT to approximately 85000 MT.
The aforesaid expansion and augmentation would involve phasing out the current Phthalic Anhydride and its allied products manufactured at this facility. The capacity expansion and augmentation would be completed over the next 3 to 4 years, depending on the demand conditions and subject to necessary statutory and other approvals.
Further, it would involve an approximate investment of Rs 650 crore which would be met through internal accruals.
