VAM ORGANIC CHEMICALS, which made a public issue last year, has com-menced production of vinyl acetate monomer (VAM). VAM, entirely im-ported into India at present, is a basic organic chemical used in paints, tex-tiles, adhesives, laminates, etc. With the commissioning of this plant, the company has completed i!s project and entered into profit earning phase. Ac-cording to S S Bhartia,