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Rohm and Haas to build plant in Vietnam

Mon May 26, 2008 4:15pm EDT

NEW YORK, May 26 (Reuters) - U.S. chemical and electronic materials maker Rohm and Haas Co ROH.N said on Monday it intends to build an acrylic emulsion facility in Vietnam to meet fast-growing needs for the paints and coatings market.

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The Philadelphia-based company will spend about $10 million for the facility, which is to be completed by mid-2009.

Reuters reported two months ago the company was considering plans to build such a facility in the southeast Asian country. (Reporting by Euan Rocha; Editing by James Dalgleish)

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