D&L Industries, Inc., a major Filipino manufacturing company, announced on March 17, 2026, that a new proposed law about biofuels will not significantly affect their business operations.

What’s This New Bill About?

Think of biofuels as a special kind of fuel made from plants instead of oil from the ground. In the Philippines, there’s a law from 2006 that says fuel companies must mix a certain amount of biofuel (made from local plants like coconuts) into regular fuel.

Now, lawmakers in the House of Representatives are discussing a new bill that would let the President temporarily stop this mixing requirement for up to one year when fuel prices get too high. President Ferdinand R. Marcos Jr. has even called this bill “urgent,” which means it’s important to decide on it quickly.

When Would the Suspension Happen?

Here’s the important part: According to the proposed bill, the suspension would only happen if fuel mixed with biofuel costs at least 5% more than pure fuel without any biofuel mixed in.

Right now, that’s not the case. Alvin Lao, who is the President and CEO (the top boss) of D&L Industries, explained that the current price difference is only about 1.33% when diesel costs around 90 pesos per liter. Since 1.33% is much lower than 5%, the suspension wouldn’t happen under today’s prices.

What Does D&L Industries Do?

D&L Industries has been around since 1963—that’s over 60 years! They make specialized ingredients and materials for different industries. One of their businesses involves making biodiesel (a type of biofuel) from coconuts through their company called Chemrez Technologies, Inc.

The company was listed on the Philippine Stock Exchange in December 2012, which means people can buy and sell shares of the company publicly. As of September 30, 2025, D&L had 7,142,857,990 common shares outstanding.

D&L’s Backup Plan

Even if the biofuel suspension somehow affects their biodiesel business, D&L has a Plan B. Mr. Lao explained that Chemrez can switch to making other coconut-based products called oleochemicals, which are used in soaps, shampoos, and cleaning products. These products are sold overseas where demand remains strong.

Think of it like having a lemonade stand: if people suddenly don’t want lemonade, you can use the same lemons to make lemon cookies instead!

Long-Term Effects

D&L’s leadership emphasized that this proposed bill is only temporary—it’s not canceling the Biofuels Act completely. The Philippines still plans to use renewable fuels in the long run, which means the biodiesel industry should remain important for the country’s future.

Mr. Lao also pointed out that the biodiesel industry helps millions of Filipino coconut farmers earn a living and supports the country’s goals for cleaner energy and sustainability.

About D&L Industries

D&L Industries makes customized ingredients and materials for food products, plastics, chemicals, and consumer goods. They’re one of the largest companies in their field in the Philippines and work with many of the country’s leading brands. Their businesses include food ingredients, specialty plastics materials, and oleochemicals for personal care and cleaning products.

This announcement was filed with the Securities and Exchange Commission on March 17, 2026, through SEC Form 17-C, signed by Corporate Secretary Kristine Ann C. Catindig-Ong.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.