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Business News/ Companies / Vinyl Chemicals plans to sell unit to Pidilite
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Vinyl Chemicals plans to sell unit to Pidilite


Vinyl Chemicals plans to sell unit to Pidilite

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Reuters

MUMBAI: Vinyl Chemicals India Ltd said on Monday that its board would meet on March 21 to consider the selling of its Maharashtra manufacturing unit to a group firm, which was the adhesive maker, Pidilite Industries Ltd.

A panel appointed to review Vinyl’s operations following losses in five consecutive quarters recommended the sale. This information was part of an official statement released by Vinyl on 19 March, 2007.

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Published: 19 Mar 2007, 02:06 PM IST
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