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Vinyl Chemicals plans to sell unit to Pidilite

Vinyl Chemicals plans to sell unit to Pidilite
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First Published: Mon, Mar 19 2007. 02 06 PM IST
Updated: Mon, Mar 19 2007. 02 06 PM IST
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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First Published: Mon, Mar 19 2007. 02 06 PM IST
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