Incorporated in Oct.'93, South East Agro Industries is an Indo-Austrian joint venture with financial participation from Natex Process technologies and Innoweld Metallverarbeitung, both of Austria. The Indian promoters are K G Banan, Divkar Banan, K I Banan, Jayaram Banan and U B Kotian. The company has set up a 100% EOU for processing, extraction and export of spices oil/oleoresin using raw materials like turmeric, ginger, red chilli, pepper, cardamom, etc, at Mysore, Karnataka. The plant has a capacity to process 48,500 kg of spices oil and oleoresins pa. This is one of the first projects of its kind being set up in India using the method of supercritical fluid extraction using carbondioxide