Algaetech Aims To Achieve Sales Worth RM 100 million
Algaetech International Sdn Bhd aims to achieve sales worth RM 100 million for astaxanthin-based products starting 2017 until 2020.
Its Managing Director, Datuk Syed Isa Syed Alwi said the target will be driven by the introduction of the company’s new products, and additional capacity from its new plant.
He was met at the soft launch of Algaetech facility by Deputy International Trade and Industry Minister, Datuk Ahmad Maslan.
Moving forward, Datuk Syed Isa said the company is eyeing to tap into Thai market next year, after its presence in Indonesian market.