Introducing The Carotino Group

Global Innovators in Palm Oil Research,

Development and Manufacturing

Business Overview – December 2014

Presentation Outline

1. Vision

2. Introduction & Activities

3. Existing Technology Platforms and Products

4. Carotino Consumer Products

5. Nutritional & Medical Studies

6. Quality Management System

7. Sustainability & Corporate Social Responsibility

8. The Way Forward

Vision

Our vision is to grow as a multi-national company dealing in value-added

food, oleo-chemical, neutraceutical, pharmaceutical products and

environment friendly fuels, all derived from RSPO certified sustainable oil

palm.

Introduction

• Carotino is a member of JC Chang Group of companies.

• JC Chang has extensive interests in plantation, milling, downstream palm

oil operations, property development, hotel, insurance and trading.

• Vertical integration from the farm to the market.

Key Activities

• Commercialized a patented refining process for production of Natural

Carotene & Vitamin E rich Refined Palm Fruit Oil (Carotino Oil) through an

Environmentally friendly Molecular Distillation Process.

• Commercialized The World’s First Integrated Palm Biodiesel Plant –

ENFFUE (Environment Friendly Fuel).

• Production of pharmaceutical grade Glycerine.

• Production of Natural Palm Carotenes and Natural Palm Tocotrienols.

• Production of high purity C16 and C18 Methyl Esters.

• Production of C16 & C18 fatty acids and C16 fat granules

Existing Technology Platform & Products

1. Patented Molecular Distillation for Red Palm Oil

Using MPOB Technology, with the capacity of 60,000 MT/year.

Products:

• Carotino Oil, Olein, Super Olein, Frying Oils.

• Shortening, Margarine, Butter Oil Substitute.

2. Transesterification

Using MPOB Technology, with the capacity of 180,000 MT/year.

Products:

• PME Summer Grade (CFPP +15°C)

Existing Technology Platform & Products

3. Winterization of PME

Using MPOB Technology, with Capacity of 30,000 MT/year.

Products:

• FAME with CFPP 0 to -6°C.

4. Fractional Distillation of PME

Capacity of 120,000 MT/year.

Products :

• High Purity C16 Methyl Esters.

• High Purity C18 Methyl Esters.

Existing Technology Platform & Products

5. Fixed Bed Reactor Hydrogenation of C16 Methyl Esters

Capacity of 48,000 MT/year.

Products :

• Hydrogenated C16ME98

• Hydrogenated C16ME80

6. Jet-Loop Reactor Esterification

Capacity of 5,000 MT/year.

Products :

• Medium Chain Triglyceride 60/40.

• Medium Chain Triglyceride 70/30.

Existing Technology Platform & Products

7. Crude Glycerine Refining

Capacity of 15,000 MT/year.

Products:

• USP995 Refined Glycerine

8. Palm Natural Carotenes and Tocotrienols

Products:

• Palm Phytonutrient Mix

• Palm Natural Carotenes

• Palm Natural Tocotrienols

Product Range and Applications

The Carotino Group produces a

wide range of products for many

varied applications including:

• Consumer Products

• Food Service and Industrial

Products

• Neutraceuticals

• Animal Feed

• Oleochemicals

Consumer Products • Carotino Premium and Carotino

Classic are nutritious cooking

oils which are rich in

phytonutrients such as Natural

Carotenes, Tocotrienols &

Tocopherols (Vitamin E), Co-

enzyme Q10.

• These products are sold all over

the world from Australia to

Europe.

Product Range and Applications

Food Service and

Industrial Products

• Carotino Margarine is formulated to

enhance the texture of baked

products.

Carotino Shortening replaces butter or

normal yellow shortening.

•

Carotino Butter Oil Substitute (BOS) is

specially formulated from red palm oil

and has a delicious butter flavour. It is

ideally suited for making breads,

cookies, crackers, pastries, cakes and

other baking products.

• The Carotino Biscuit is a phyto-nutrient-

rich biscuit designed to combat vitamin

deficiencies and ‘hidden hunger.’

• Carotino produces a range of natural

vitamin-rich oils, oleins and superoleins for

use in a wide variety of food manufacturing

processes. These products can be used as

natural colourants in products like potato

crisps, french fries, pastas, noodles and

snacks.

• Carotino Carofry is a vitamin-rich, golden

frying oil for use in commercial catering.

Product Range and Applications

Neutraceuticals• Carotino Phytonutrient Mix can be used

as a substrate for producing carotenes

and tocotrienols in high concentrations. It

is used for food applications like dietary

supplements, colourants and ingredients

in personal care products.

• Carotino Natural Carotenes (eg. CC30)

and Carotino Natural Tocotrienols (TRF

50) can be used in food supplements

(eg. Vitamin capsules), fortified foods

and other applications such as use in

cosmetics and personal care products.

Animal Feed• Carotino Tocotrienol-Carotene

Mixed Concentrates take the form

of a reddish, viscous oil which is

used for processing into feed

grade applications.

Product Range and Applications

Oleochemicals• Carotino Palmitic Methyl Ester C16ME and Carotino Oleic Methyl Ester

C18ME are downstream products of palm oil trans-esterification

process.

• Carotino C16ME is a premium material for producing high quality

detergent actives like Methyl Ester Sulphonates (MES) and Methyl

Ester Ethoxylates (MEE) which are ingredients for environmentally

friendly and biodegradable detergents.

• Carotino Oleic Methyl Ester C18ME is processed to make ingredients

for the personal care, cosmetics, industrial and pharmaceutical

industries

Nutritional and Medical Studies

• The Carotino Group has been involved in extensive research into using

natural Carotino carotene supplementation as a means of combating

Vitamin A deficiency among children and women in the developing world.

• The Group has also been involved in further studies in relation to

‾ Carotino and Coronary Heart Disease

‾ Carotino and Cancer

‾ Carotino and Renal Health

We have conducted several nutritional and medical studies around the world

since 1996 with Carotino Red Palm Oil and Phytonutrients

For more details, please visit

Global Nutritional Studies – Vitamin A

Extensive scientific research has been carried out on the beneficial effects of

supplementing the diets of Vitamin A deficient adults and children with red palm

oil or Carotino-enriched food products. These studies include the following:

• Lactating women in Honduras who consumed Carotino red palm oil showed significant increases in alpha

and beta carotene levels in their breast milk. Canfield L.M. et al. (2000)

• Mothers and children in Burkina Faso whose diets were supplemented with red palm oil showed a 40 %

reduction in Vitamin A deficiencies. Zagre N.M. et al. (2002)

• Pre-school children in Hydrabad, India, who consumed 5 ml of red palm oil per day showed marked

improvements in their serum beta-carotene levels.Sivan Y.S. et al. (2001)

• Bangladeshi children suffering respiratory infections and other diseases showed significantly increased

serum retinol levels after their diets were supplemented with biscuits made with Carotino. Ali S.M.K. et al.

(2001)

• Carotino palm oil supplementation significantly improved the serum retinal and Hb levels of children under

five in rural Vietnam. Nguyen T.L. et at. (2001)

For more information on these and other scientific studies, visit: http://www.Carotino.com/improving-

vitamin-a-and-antioxidant-status-59.aspx

Quality Management and Food Safety System

The Carotino Group is committed to quality and safety in all aspects of its

business.

Commitment to Sustainability

• The Carotino Group takes its responsibilities to both the

environment and global community very seriously and puts

this obligation at the heart of its corporate philosophy.

• We firmly believe that it is good business practice to

conduct our operations in accordance with sustainable

principles, in harmony with the environment and the

community we serve.

• The vision of the Group is to balance the considerations of

People, Planet and Profit in all its management decisions

and operations in order to achieve the goal of sustainable

profitability.

• Carotino Sdn Bhd is a certified member of RSPO and is

also ISCC certified.

Working in Harmony with Nature

• As custodians of many thousands of acres of palm plantation across

Malaysia, we strive to make positive contributions to the local and wider

environments and use every means at our disposal to promote a

harmonious relationship with the natural world.

• This commitment is reflected in the company’s corporate environmental

policy, which is an integral part of the company’s business strategy.

• The Group is committed to best practices in terms of:

‾ Pest management

‾ Waste management

‾ Pollution management

‾ Encouraging biodiversity

‾ Forest conservation

‾ Good agricultural practices

Environmentally Responsible Production

• The Carotino Group’s commitment to the environment, nature and care

for its employees doesn’t just extend to its extensive plantations – it

also includes its palm oil processing mills and the surrounding

communities.

• The mills are shining examples of good practice in the palm oil industry

in terms of environmentally responsible manufacturing.

• The mill environments are clean and well maintained and provide

employment for numerous people from the surrounding areas.

• The mills work in partnership with neighbourhood communities to

enhance the lives of the people who live in them.

Corporate Social Responsibility

Housing estates for workers

Corporate Social Responsibility

J.C. Chang has demonstrated its

commitment to corporate social

responsibility with a total of RM 9 million

over the last 9 years, out of which 85%

was donated for educational purposes.

The Way Forward

• The Carotino Group is committed to staying focused on the main

arms of its business :

‾ Value added Red Palm Oil in Health Foods

‾ Value added Methyl Ester/Fatty Acids Oleochemical products

‾ Nutraceuticals & move further downstream into Pharmaceutical

Products

• Continue R&D commercialization and new technology development

as an engine for growth.

• Developing strategic alliances around the world.

International Offices

Europe

Carotino EU (Ltd)

• Carotino House Bury Lane,

Rickmansworth, WD3 1ED,

United Kingdom.

• Tel: +44 (0) 1923 333834

Email: info@carotino.eu

Website: www.carotino.eu

Australia

Carotino (Australia) Pty Ltd

• 18 Jubilee Avenue,

Warriewood, NSW 2102,

Australia.

• Tel: +61 (0) 2 99971466

Email: enquiries@carotino.com.au

Website: www.carotino.com.au

The Malaysian-based Carotino Group has a presence on several continents and sells

its products all over the world. Its key overseas offices are in the UK and Australia.

Thank you.

For more information contact: info@carotino.eu