Rohm and Haas to build plant in Vietnam

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

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)