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)
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