D&L sets P8-B expansion for exports 37 SHARES Share it! In an interview, D&L president Alvin D. Lao said they are building two new plants – one for food ingredients (under D&L Premium Foods Corp.) and an integrated facility to manufacture oleochemicals and downstream packaging (under Natura Aeropack Corporation). Product applications extend to health care, personal care, home care as well as baby care. D&L will finance the project through a combination of debt (70 percent) and internally generated cash (30 percent). Lao said the expansion facilities will occupy less than half of a 26-hectare property in First Industrial Township – Special Economic Zone in Tanauan, Batangas — leaving more space for future expansion projects.

Source: Manila Bulletin December 02, 2018 13:52 UTC