Economy
D&L Industries optimistic on falling raw material prices
D&L Industries, the Philippines' largest oleochemicals producer, expressed optimism for business recovery due to falling crude oil and coconut oil prices. While inflation and geopolitical risks remain concerns, the company plans to navigate through cost reductions and increased demand.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- D&L Industries Optimistic of Financial Turnaround Amid Declining Fuel Prices
D&L Industries expressed optimism for a financial turnaround this year, citing the plunge in global commodity prices, particularly crude oil and coconut oil, and a boom in industrial demand. The company's non-food segment's strong performance offset weaknesses in its food division, and dividends were declared to shareholders.