http://viscorbel.com/vray-materials-theory/
http://forums.cgarchitect.com/74801-fresnel-ior.html
http://forum.vrayforc4d.com/index.php?threads/7571/
Using Selection Sets with Vray Materials
To have an identical material on several selection sets on one object:
Make one copy of the material per selection. So if you want to use the same material on 3 selections you need 3 copies of this material. If done this way, the same material can be applied to selection sets with different uvw projections.
[Source: Vray Forums]