Asian Paints shuts powder coatings plant at Baddi, Himachal Pradesh

Asian Paints has informed that Asian Paints Industrial Coatings Limited (APICL), company’s wholly owned subsidiary has closed down the operations of its powder coatings plant at Baddi, Himachal Pradesh with effect from November 25, 2013, due to significant decline in the processing volume of powder coatings for the last two years.

November 26, 2013 / 08:20 IST

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Asian Paints Ltd has informed BSE that Asian Paints Industrial Coatings Limited (APICL), company’s wholly owned subsidiary has closed down the operations of its powder coatings plant at Baddi, Himachal Pradesh with effect from November 25, 2013, due to significant decline in the processing volume of powder coatings for the last two years.APICL’s plant at Sarigam, Gujarat will continue its normal operations and is sufficient to cater to the future requirements.Source : BSE

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first published: Nov 26, 2013 08:20 am

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