Inspite of the gloomy business environment, Colour-Chem has posted a 23 per cent growth in its profit before tax (Rs 1,416 lakh) for the year ended March 31, 2002, compared to Rs 1,148 lakh recorded in the previous year. This growth has largely been due to the company's improved operational efficiencies. Mr K J Bharucha, Vice-Chairman and Managing Director, Colour-Chem Limited, shared his views about various issues related to growth of the chemical industry with Chemical Engineering World. Excerpts:.