5.30 (0.20%) Asian Paints has entered into technology and other allied agreements with Kellogg Brown & Root (KBR) for manufacturing of Vinyl Acetate Monomer (VAM) in India. The setting up of facility for manufacture of VAM would be based on licensed technology tie up with Kellogg Brown & Root, USA. KBR is a $7.3 billion company based at USA and has presence in 80 plus countries.
Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.