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Asian Paints Middle East, a joint venture between Oman’s Al Hassan group and Asian Paints India, is planning to increase its production capacity by four to five times to 25,000t/yr, Times of Oman has reported. The expected cost for the proposed upgrade is between OR4M (US$10.3M) and OR5M (US$12.9M), according to P K Raj, general manager of Asian Paints Middle East. "Our existing capacity is around 6,000T/yr, which will be raised to around 25,000t/yr. It will be implemented in a phased manner. But some level of work is happening," he said.
