tive prices prevailing in the market. The company took up, on conversion basis, the manufacture of certain proprietory products for a public sector undertaking which contributed to the favourable outcome. This business is expected to increase in the current year. The industrial gases plant achieved more than 75 per cent capacity utilisation tor oxygen and nitrogen. All the three plants viz ethanolamines phthalate ptasticisers and industrial gases are operating satisfactorily in the current year and are expected to significantly contribute to the company's profitability.