PEZA Grants D&L’s Batangas Units Extended Income Tax Break

D&L Industries Inc. reported that two of its wholly-owned subsidiaries operating at its new Batangas plant, D&L Premium Foods Corp. (DLPF) and Natura Aeropack Corp. (NAC), have been granted two more years of Income Tax Holiday (ITH) by the Philippine Economic Zone Authority (PEZA), the Manila Times reported on September 26.

Originally set to expire on June 30, 2027, the income tax holiday has been extended to cover a total of six years, from July 1, 2023, to June 30, 2029, following the two firms’ securing of Pioneer Status from PEZA. 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.

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.