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kilos/y. The company, which makes a range of natural carotenoids from algae and markets them under the brandname Natrotene, is also planning to extend its product portfolio to include formulations to include beadlets and directly compressible powders. Proalgen is on the point of making an initial public offering of shares, aimed at bringing in Rup 154 M of additional finance. For the fiscal year to end-March 2004, Proalgen expects to declare a profit of Rup 2 M on a turnover of Rup 10 M.
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produces about 200 tonnes/y of pigment intermediates and azoic coupling compounds, with plans to raise capacity to 400 tonnes/y. Daikaffil's plant at Tarapur, near Boisar (in the Thane district of Maharashtra province) recently received ISO 9001 certification by the British Standards Institute (BSI