Carotech receives Best Innovation award

January 1, 2008

ICIS, a global publisher of chemicals information, announced the winners of its International Innovation Awards in November. Carotech Ltd., a Malaysian palm-oil-to-biodiesel producer, received the Best Innovation Award in the category of small or medium enterprises. Carotech has patented and integrated a process that extracts and concentrates natural phytonutrients from virgin crude palm oil while producing biodiesel and glycerin. The company has been supplying its trademarked CaroDiesel to Europe, the United States and Japan since 2003. Its biodiesel plant is located in Ipoh, Malaysia.

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