D&L Industries, Inc. Announces Earliest Start of Commercial Operations for D&L's Batangas Plant Moved to May 2022
August 04, 2021 at 08:45 pm EDT
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The earliest start of commercial operations (SCO) for D&L Industries' Batangas plant will be moved to May 2022 following an SCO extension granted by the Board of the Philippine Economic Zone Authority (PEZA) to D&L Premium Foods Corp. (DLPF) during its 23 July 2021 meeting. DLPF, a wholly-owned subsidiary of D&L Industries which will manufacture various food ingredients to cater to the company's growing export business, was originally slated for commercial operations by October 2021. However, in consideration of the challenges and delays encountered due to the recent spike in COVID-19 cases and subsequent reimposition of Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine (MECQ), as well as shipping delays for equipment and machineries for the said plant, PEZA has granted an SCO extension to January 2023. As such, Natura Aeropack Corporation (NAC), another wholly-owned subsidiary of D&L Industries which will manufacture coconut oleochemicals for various consumer care products, will now be the first plant to operate within D&L's Batangas facility. It will start its commercial operations in May 2022 as originally planned.
D&L Industries, Inc. is a Philippines-based holding company. The Company, through its subsidiaries, operates in four segments: Food ingredients segment, which is engaged in manufacturing a line of industrial fats and oils, specialty fats and oils, and culinary and other specialty food ingredients; Colorants and plastic additives segment, which manufactures a line of pigment blends, color and additive master batches, and engineered polymers for a range of applications; Oleochemicals, resins and powder coatings segment, which manufactures coconut methyl ester, other oleochemicals or chemicals derived from vegetable oils, resins, such as polystyrene, acrylic emulsions and polyester, and a line of powder coatings; Aerosols segment, which manufactures aerosol cans and components, and provides contract aerosol filling and compounding services, and Management and administrative segment, which provides goods and services through a contractual shared services model.