CAROTECH SIGNS RM160 MLN DEAL WITH JAPAN'S HATAKEYAMA ON CARODIESEL.

(From Bernama The Malaysian National News Agency)

from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, Feb 23 (Bernama) -- Carotech Bhd has signed a two-year deal worth some RM160 million with Hatakeyama Oil Corporation of Osaka, Japan, for the export of CaroDiesel refined and distilled palm biodioesel

Under the agreement, Carotech would supply between 3,000 and 5,000 tonnes of CaroDiesel per month to Hatakeyama, with the first shipment of 3,000 tonnes worth RM8 million scheduled to arrive in Osaka in May, managing director David Ho said today

Hatakeyama Oil Corp. is a supplier of mineral diesel to bus and lorry companies in Osaka with sales of about RM15,000 tonnes per month

"We will be supplying a total of 9,000 tonnes of …