Government reviewing Cocochem sale as global market reboundsMANILA, Philippines — The government is reviewing the sale of state-owned shares in United Coconut Chemicals Inc. (Cocochem) amid the resurgence in global demand for coconut-based products, the Department of Agriculture (DA) said. Cocochem was established in 1981 and was once considered as the largest coconut chemicals and oleo fats factory in Southeast Asia, the DA said. However, a series of setbacks ensued in the following years that hampered the operations and growth of Cocochem, the DA explained. In 2014, Cocochem transitioned from manufacturing to a facilities-based enterprise,” the DA added. “Operating across 39 hectares, Cocochem’s revenue mix reflects this pivot: Cocochem Agro-Industrial Park Inc. contributes 53 percent of annual income, Cocochem itself 44 percent and residential operations the remaining three percent,” the agency said.

Source: Philippine Star December 25, 2025 03:35 UTC