Esters are usually synthesized from an alcohol and an acid, most frequently, a carboxylic acid. In some cases, an epoxide is used instead of the alcohol; or an acid halide or anhydride replaces the ...

Analysts see 300-550 basis points improvement in gross margin on account of lower crude linked input cost such as VAM (Vinyl Acetate Monomer, an important input in Pidilite's products).