Baton Rouge-based specialty chemicals maker Albemarle Corp. has been named “Biodiesel Corporation of the Year” by the World Refining Association during the Biofuels 2011 Annual Meeting in Amsterdam.

The award, presented to representatives from Albemarle’s Alternative Fuel Technologies division, recognizes industry leaders that have made substantial contributions in the field of renewable fuels.

Albemarle received the award for its successes in the development and commercialization of highly engineered basic production of specialized catalysts used in the production of biodiesel.

Albemarle launched its AFT division in 2007, using its extensive resources in catalyst technology. Since then, Albemarle has grown into the world’s largest supplier of heterogeneous catalysts to the biofuels market.