September 26, 2025 – D&L Premium Foods Corp. (DLPF) and Natura Aeropack Corporation (NAC), wholly-owned subsidiaries of D&L Industries that are operating at its new plant in Tanauan, Batangas, have secured Pioneer Status from the Philippine Economic Zone Authority (PEZA), granting an additional two years of Income Tax Holiday (ITH). Originally set at four years and expiring on June 30, 2027, the ITH now covers a total of six years, from July 1, 2023 to June 30, 2029.
PEZA approved the companies’ application for Pioneer Status on September 19, 2025, with the Certificate of Board Approval issued on September 25, 2025. Pioneer Status is a special PEZA classification granted to enterprises that are considered “new” or “innovative,” or that introduce industries, technologies, or processes deemed strategically important to national development. Such projects often require substantial investment and, in return, generate significant economic benefits, including job creation, technology transfer, and industry growth.
DLPF and NAC’s Pioneer Status approval was underpinned by the adoption of advanced automation and sustainable manufacturing practices. The companies’ use of a state-of-the-art Distributed Control System (DCS) provides automated, end-to-end control of all production steps from a centralized platform, enabling automated decision-making, real-time process monitoring, and enhanced operational safety with minimal human intervention. This marks a technological first in the local production of specialty fats and oils, specialty ingredients, coconut oil fractions, coconut-based surfactants, and related manufacturing services. By leveraging this breakthrough, DLPF and NAC deliver superior, high-end products characterized by exceptional purity, stability, and consistency, while ensuring efficient resource utilization, reduced waste, and lower environmental impact. These innovations not only strengthen product quality and competitiveness in both domestic and export markets but also align with global standards for sustainability and green manufacturing.
After the ITH period, and by virtue of their PEZA registration, DLPF and NAC will enjoy a preferential tax rate of 5% on gross income earned until December 31, 2034, in line with the provisions of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy Act (CREATE MORE Act) for enterprises located in special economic zones.
“This approval underscores our commitment to innovation, advanced manufacturing technology, and world-class automation systems. It reflects our long-term vision of positioning the Philippines as a hub for sustainable, high-value manufacturing that is globally competitive,” D&L President & CEO Alvin Lao remarked.
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D&L Industries is a Filipino company engaged in product customization and specialization for the food, chemicals, plastics and consumer products ODM industries. The company’s principal business activities include manufacturing of customized food ingredients, specialty raw materials for plastics, and oleochemicals for personal and home care use. Established in 1963, D&L has the largest market share in most of the industries it serves, as well as long-standing customer relationships with the Philippines’ leading consumer and manufacturing companies. It was listed on the Philippine Stock Exchange in December 2012. For more information, please visit https://www.dnl.com.ph/investors/.
This press release may contain some “forward-looking statements” which are subject to a number of risks and uncertainties that could affect D&L’s business and results of operations. Although D&L believes that expectations reflected in any forward-looking statements are reasonable, D&L does not guarantee future performance, action or events.
INVESTOR RELATIONS CONTACT
Crissa Marie U. Bondad
Investor Relations Manager – D&L Industries Inc.
+632 8635 0680
crissabondad@dnl.com.ph / ir@dnl.com.ph