What D&L Industries does

D&L Industries, Inc. is a Philippine-listed specialty manufacturer (PSE: DNL) that customises raw materials and finished goods for the food, oleochemicals and specialty chemicals, specialty plastics, and consumer products ODM industries. Founded in 1963 by brothers Dean L. Lao and Leon L. Lao and listed on the Philippine Stock Exchange in December 2012, the company operates four reportable segments — Food Ingredients, Oleochemicals and Other Specialty Chemicals, Specialty Plastics, and Consumer Products ODM — through wholly-owned subsidiaries Oleo-Fats, Chemrez Technologies, D&L Polymer & Colours, First in Colours, Aero-Pack Industries, D&L Premium Foods, and majority-owned Natura Aeropack. The Lao family, through holding company Jadel Holdings Co. Inc., retains approximately 72% ownership.

The company is built on formulation expertise: it produces specialty fats and oils, surfactants and MCT oils from coconut feedstock, cocobiodiesel, specialty chemicals (resins, colorants, powder coating), pigment blends and engineered polymers for automotive, construction and electrical applications, and OEM/ODM personal and home care products in aerosol or bottle packaging. Proprietary, certified platforms include Biorez® compostable biopolymers (DIN CERTCO EN13432 certified, BC 9100/9200 series), Laurin™ MCT oil, CropGuard organic pesticide (PCA-approved), and Abaca Plastic Pellet natural-fibre composites. Manufacturing is centred on a Quezon City headquarters and a 26-hectare next-generation complex in Tanauan, Batangas — featuring 50+ storage tanks of up to 2,000 cubic metres — which commenced commercial operations in July 2023 and booked P246 million of net profit in its first full year.

D&L runs a pure B2B model with dedicated sales teams delivering customised specifications to enterprise customers in the Philippines and export markets across Asia, the US, the UK, the EU and Australia (export revenue contribution: 26% in FY25, target +50% in the medium term). Long-tenured customer relationships — including raw material supply to Colgate-Palmolive's Hatchimals toys, biodegradable plastics exports to Italian converters, and ~50% of specialty plastics revenue tied to global automotive wire harness — underpin a high-servicing, switching-cost-driven model. Pricing is negotiated and supported by a pass-through mechanism that allows selling-price adjustments within 30-45 days to reflect raw material and forex movements. The Lao family, technology staff representing ~14% of headcount, an ISO/IEC 17025-accredited lab, a maintained PRS Aaa credit rating, and ACGS Golden Arrow recognition for six consecutive years shape the governance and capability profile.

Name

D&L Industries

Legal name

D&L Industries, Inc.

Website

https://dnl.com.ph

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

101–250 employees

Short description

D&L Industries (PSE: DNL) is a Philippine-listed specialty manufacturer that customises raw materials and finished goods across food ingredients, oleochemicals, specialty plastics, and consumer products ODM for enterprise customers in the Philippines and export markets in Asia, the US, the EU and Australia.

Ownership category

akta.pro rank

Product category

Specialty Chemicals and Food Ingredients Manufacturing

NAICS

Starch and Vegetable Fats and Oils Manufacturing (31122), Soap and Cleaning Compound Manufacturing (32561), Food Manufacturing (311), Custom Compounding of Purchased Resins (325991)

SIC

Miscellaneous Chemical Products (2890), Fats & Oils (2070), Miscellaneous Food Preparations & Kindred Products (2090)

akta.pro primary industry

Ingredient Blends & Systems / Custom Formulation (Seasoning Systems, Functional Blends) (CRADAOAO)

akta.pro secondary industries

Fats, Oils & Lipid Ingredients (Specialty Oils, MCTs, Structured Lipids) (CRADAOAL), Specialty Surfactants & Performance Additives (IMAEABAL), Personal Care & Cosmetic Ingredients (IMAEABAJ), Hand & Body Care (Lotions, Creams, Body Oils) (CRADANAC)

Keywords

• Specialty food ingredients
• Coconut oleochemicals manufacturing
• Specialty plastics masterbatches
• Consumer products ODM
• Biodegradable biopolymers

Headquarters

HQ city

Quezon City

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Food Ingredients: Manufactures customized food ingredients including specialty fats, oils, and food safety products. This segment serves both domestic and export markets (mostly Asia, plus US & EU).
2. Oleochemicals and Other Specialty Chemicals: Includes coconut-based oleochemicals (surfactants, foaming agents, MCT oil), cocobiodiesel, specialty chemicals, resins, colorants, and powder coating. Serves domestic market with exports to Asia, US, UK, EU, and Australia.
3. Specialty Plastics: Provides pigment blends, color and additive masterbatches, and engineered polymers for various applications such as automotive, construction, and electrical. Predominantly domestic with some exports to Asia.
4. Consumer Products ODM: Manufactures consumer products for personal and home care applications in aerosol or bottle packaging. Predominantly domestic market.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

D&L Industries manufactures customized specialty products across four business segments: food ingredients (specialty fats, oils, food safety products), oleochemicals and specialty chemicals (surfactants, MCT oil, cocobiodiesel, resins, colorants), specialty plastics (pigment blends, masterbatches, engineered polymers), and consumer products ODM (aerosol and bottled personal and home care items). It produces customized specialty ingredients and finished products primarily for industrial and consumer-goods manufacturers through wholly-owned subsidiaries Oleo-Fats, Chemrez, D&L Polymer & Colours, First in Colours, Aero-Pack, and D&L Premium Foods.

Product overview

D&L Industries operates as a diversified manufacturing company with four principal business segments: Food Ingredients, Oleochemicals and Specialty Chemicals, Specialty Plastics, and Consumer Products ODM. The company manufactures customized specialty products across multiple subsidiaries including Oleo-Fats (fats, oils, food ingredients), Chemrez (oleochemicals, specialty chemicals, CropGuard organic pesticide), D&L Polymer & Colours (engineered polymers, Biorez® biodegradable plastics), First in Colours (pigment blends, masterbatches), Aero Pack/Natura Aeropack (aerosol and packaging products), and D&L Premium Foods. Products range from commodity oils to high-margin specialty ingredients, with focus on coconut-based oleochemicals, green chemistry solutions, and biodegradable materials. The portfolio includes both bulk raw materials and finished consumer-facing products through OEM/ODM packaging capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Biorez: Proprietary line of compostable biopolymers/biodegradable plastics certified by DIN CERTCO as compliant with EN13432 standard for films, straws, cutlery and containers.
• Lao Foundation
• CropGuard
• Laurin

Products and services

• Food Ingredients Customized specialty food ingredients — specialty fats, oils, and food safety products — manufactured for food producers in the Philippines and export markets including Asia, the US, and the EU.
• Oleochemicals and Specialty Chemicals Coconut-derived oleochemicals (surfactants, foaming agents, MCT oil), cocobiodiesel, and specialty chemicals (resins, colorants, powder coatings) for personal care, home care, health care, baby care, and industrial applications.
• Specialty Plastics Pigment blends, color and additive masterbatches, and engineered polymers supplied primarily to automotive (wire harness), construction, and electrical manufacturers, with exports to Asia.
• Consumer Products ODM Original Design Manufacturing of consumer products (insect killers, dishwashing detergents, household products) in aerosol or bottle packaging for personal and home care brand owners.
• Biorez® Biodegradable Biopolymers (BC 9100 / BC 9200 series) Proprietary compostable/biodegradable biopolymer products for plastics converters and brand owners needing EN13432-certified sustainable materials for films, straws, cutlery, containers, bags, and similar applications.
• CropGuard Organic Pesticide PCA-approved organic pesticide for control of Coconut Scale Insect (Cocolisap) in coconut farming, supplied through the Philippine Coconut Authority framework.
• Laurin™ Coconut-derived Medium Chain Triglyceride (MCT) Oil Medium chain triglyceride (MCT) oil derived from coconut, sold as a green-chemistry wellness and nutritional ingredient to health-conscious consumer and B2B formulation customers.
• Abaca Plastic Pellet Natural fiber-reinforced plastic pellet combining abaca fiber with plastic resin, offered to plastics manufacturers as a sustainable input.

Quantifiable outcome

• Price pass-through mechanism allows adjustment of selling prices within 30-45 days to pass on changes in raw material prices and forex to customers
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• ProForestcoreStrategic or Co-development Partner · 1 January 2022In 2022, Oleo-Fats began working with ProForest to meet sustainability criteria required by large multinational customers. The ProForest Scorecard Criteria evaluates and advises Oleo-Fats in developing policies and programs over three phases within a five year timeframe.
• Philippine Coconut Authority (PCA)coreStrategic or Co-development PartnerChemrez actively engages with the Philippine Coconut Authority (PCA) and coordinates industry action with the United Coconut Association of the Philippines (UCAP). D&L works with PCA on coconut replanting programs including introducing dwarf hybrid coconuts and exploring coconut tissue culture technologies. The Coconut Farmers and Industry Development Plan (CFIDP) launched by the government aims to develop the coconut industry.
• United Coconut Association of the Philippines (UCAP)coreStrategic or Co-development PartnerChemrez coordinates industry action with UCAP for the coconut industry. Oleo-Fats participates in the Sustainable Coconut and Coconut Oil Roundtable (SCCOR) as a member, working with coconut industry stakeholders globally to promote sustainability and responsible sourcing.
• Lao Foundation, Inc. (LFI)coreOthersThe Lao Foundation is an independent non-stock, non-profit organization which D&L partners with for its Corporate Social Responsibility (CSR) initiatives. LFI works with institutional partners to implement programs empowering schools and NGOs. Programs include Partner-Based Educational Program, Community-Based Educational Program, Lao Boh Lim Educational Program, and Evelyn Lee Lao Teacher's Welfare Program. LFI has 11 non-profit organization partners for indirect educational scholarships.
• Sustainable Coconut and Coconut Oil Roundtable (SCCOR)coreOthersOleo-Fats actively participates in the Sustainable Coconut and Coconut Oil Roundtable (SCCOR) as a member. D&L is integrating the framework of the Sustainable Coconut Charter (SCC) with Government's CFIDP. SCCOR is a global initiative uniting coconut industry stakeholders from all over the supply chain to work towards a sustainable and responsible coconut industry.
• Dualtech Training Center Foundation, Inc.minorOthersD&L, through Lao Foundation, provides on-the-job training to scholars of Dualtech Training Center. This helps students be better equipped for real life work. Lao Foundation sponsors students in Electromechanics Technology program who graduate from Dualtech.
• Various Industry AssociationsminorOthersD&L and its subsidiaries participate in various industry associations including: Chamber of Cosmetics Industry of the Philippines (CCIP), Cosmetic Toiletry & Fragrance Association of the Philippines, Philippine Association of Paint Manufacturers (PAPM), Philippine Oleochemical Manufacturers Association (POMA), The Philippine Biodiesel Association (TPBA), Association of Petrochemical Manufacturers of the Philippines (APMP), Packaging Institute of the Philippines (PIP), Philippine Plastics Industry Association (PPIA), Roundtable on Sustainable Palm Oil (RSPO), Financial Executives Institute of the Philippines (FINEX), Management Association of the Philippines (MAP).

Scale indicators19 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• BASF: World's largest chemical company with broad specialty chemicals, oleochemicals, and ingredients portfolios. Comparable to D&L as a benchmark for full-line specialty chemical capabilities and the global scale that D&L competes against in its export push.
• International Flavors & Fragrances (IFF): Global leader in food ingredients, flavors, fragrances, and specialty ingredients for consumer products. Comparable in serving the same multinational FMCG customer base that D&L targets with its food ingredients and personal care oleochemicals.
• Givaudan: World's largest flavors and fragrances company with deep customization and R&D capabilities. Comparable to D&L in its analytical lab excellence (D&L is accredited alongside Givaudan) and in its customer co-development model for customized ingredients.
• Symrise: German specialty ingredients group operating across food, personal care, and aroma chemicals. Comparable to D&L's multi-segment B2B specialty ingredients model and the same end-customer overlap in personal/home care and food.

Direct peers

• Croda International: UK-listed specialty chemicals company focused on sustainable, natural-based ingredients for personal care, food, and industrial markets. Closely comparable to D&L's oleochemicals and personal care ingredient segments, with similar coconut/palm-based feedstock exposure.
• Emery Oleochemicals: Global oleochemicals manufacturer producing fatty acids, fatty alcohols, glycerin, and MCT oils from natural feedstocks. Direct comparable for D&L's Chemrez and Oleo-Fats businesses, particularly Laurin™ MCT and specialty surfactants.
• Stepan Company: US-listed manufacturer of specialty surfactants, polymers, and personal care/cleaning ingredients. Direct comparable for D&L's oleochemicals segment, particularly surfactants and foaming agents for personal and home care applications.
• Kraton Corporation: Global producer of specialty polymers and bio-based chemicals used in automotive, construction, and personal care. Comparable to D&L's specialty plastics and engineered polymers business, particularly the wire-harness and color masterbatch lines.

Regional players

• Oleon (Avril Group): European oleochemicals producer offering fatty acids, glycerin, and specialty esters from natural oils. Comparable to D&L's Chemrez oleochemicals and Laurin™ MCT, with overlapping product portfolios but primarily serving European customers.
• Sumi Philchem (Philippine Inks & Chemicals / Strong Pack): Philippine-based specialty chemicals and packaging company with overlapping presence in Philippine industrial markets. Comparable to D&L as a domestic Philippine specialty chemicals peer competing for similar downstream customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/DL-Industries-Inc-136260793074986

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about D&L Industries