Graphjet Technology Sdn Bhd Crowned Winner at the International Innovation Awards 2022

SINGAPORE,Jan. 5,2023 -- Enterprise Asia is pleased to honor 39 remarkable innovations at the 6th International Innovation Awards (IIA) 2022 in Bangkok,Thailand. As one of the pillars of the Innovation Revolution movement spearheaded by Enterprise Asia since 2017,the awards aim to create an innovation ecosystem for enterprises which is held annually to recognize outstanding innovations across the globe.

The awards drew an exceptional mix of submissions from various industries across 19 countries. 39 innovations were selected and crowned winners from over 200 applications through undergoing a rigorous evaluation process by a jury of prominent judges across three categories: Product,Service & Solution,and Organization & Culture.

Graphjet Technology's State-Of-The-Art Technology In Producing Graphite & Graphene From Palm Oil Waste,Palm Kernel Shells

Graphjet Technology Sdn Bhd's world-first and only patented technology to recycle palm kernel shells,generated in the production of palm seed oil,is able to produce single-layer graphene and artificial graphite for electric vehicle (EV) batteries,medical devices,home appliances,aerospace,sensors,coatings,electronics,and many other applications. This technology enables the company to produce graphite,graphene,and graphene-based anode battery material with at least 98% similarity and are much more consistent compared to other synthetic graphite and graphene which are produced from petroleum coke and coal.

In addition to being higher quality yet cost-saving,the resource supply of palm kernel shells could achieve sustainable green and recyclable regeneration to produce graphite and graphene which are now classified as critical raw materials. Furthermore,by using palm kernel shells as the raw material,the CO₂ emission during the whole graphite production of Graphjet is only 2.95 kg CO₂ eq which is at least 70% lower than the current supply chain level.

About Enterprise Asia

Enterprise Asia is a non-governmental organization in the pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development. Please visit www.enterpriseasia.orgfor more information.

About International Innovation Awards

The International Innovation Awards is an annual recognition program that recognizes outstanding innovations,and in the process,encourages organizations to continue investing in innovations. For more information,visitwww.innovationaward.org.