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US food manufacturer Ventura Foods has engaged a wholly-owned unit of D&L Industries Inc. to produce and distribute its food products in the Asia-Pacific region, which is seen as a key expansion market.

In an e-mailed statement Tuesday, D&L said its subsidiary Oleo-Fats Inc. entered into a supply agreement with Ventura Foods to develop and produce specialty oils and specialty ingredients for the food service, retail and ingredient manufacturing industries in the Asia-Pacific region.

Ventura Foods saw the importance of local production outside of the US that’s why it tapped Oleo-Fats, president of International Yann Kervoern said in the statement.

“We have identified the Asia-Pacific region as a key expansion market, and we are excited to engage Oleo-Fats as our partner in the Philippines,” he said.

“By entering into a supplier relationship with Oleo-Fats, Ventura Foods has increased its capability to offer all of our products to the expanding Asia-Pacific region and beyond,” he added.

Ventura Foods will work with Oleo-Fats to produce specialty oils and specialty food ingredients for export to the Asia-Pacific region and domestic Philippines sales in its Mercury Plant in Quezon City.

D&L sees Oleo-Fats’ partnership with Ventura Foods as a means to deepen its reach in the specialty food ingredients market, particularly in the quick service restaurants (QSRs), and grow its exports sustainably.

“OFI has been traditionally strong in fats and oils and working with Ventura Foods will give us that traction in the specialty food ingredients market,” Oleo-Fats managing director Vincent Lao said in the same statement.

“Further, it will solidify our position in the food service industry, in particular QSRs, where most of the high-growth, value-added opportunities are. Eventually we want our ingredients to be found in almost every food category across the region. This brings us forward to that goal,” he added.

Oleo-Fats has over 650 food ingredient formulations serving more than 1,200 customers in the food and beverage industry. It is in four primary businesses – specialty fats and oils, refined vegetable oils, specialty ingredients, and food safety products. — Danessa O. Rivera/BM, GMA News


A unit of food and plastic input manufacturer D&L Industries has inked an exclusive partnership deal with New York-based Bunge Ltd., a leading global agribusiness and food company, to roll out key products in Asia Pacific.
Oleo-Fats Inc. (OFI), a subsidiary of D&L Industries, entered into distribution agreements with Bunge for the food service, retail and food processor industries in the region, D&L said in a disclosure to the Philippine Stock Exchange.
OFI will become Bunge’s exclusive commercial partner that will import into, market and distribute packaged softseed oils in Philippines. Bunge will become OFI’s exclusive commercial partner to export to, market and distribute coconut oil under its Farm Origin brand in Asia Pacific countries.

“By leveraging OFI’s capabilities in the Philippines and relationship with customers, Bunge will be able to fully participate in an important and growing destination market. We also look forward to being able to provide coconut oil supplied by OFI as part of our Farm Origin portfolio,” said Aaron Buettner, global head of oils at Bunge.

“Partnering with Bunge gives us an even broader range of products to serve customers in Philippines and strengthens our position as a supplier of choice to the country’s foodservice industry,” said Vincent Lao, managing director at OFI.
Founded in 1818, Bunge operates in more than 40 countries with around 35,000 employees.



D&L Industries Inc. is expanding its specialty products portfolio through its partnership with two leading Australian food ingredient companies.
Wholly-owned subsidiary Oleo-Fats Inc. was appointed as the exclusive marketer and distributor of the Manildra Group and MSM Milling’s canola derivatives and wheat products in the Philippines,  D&L noted in a  disclosure to the Philippine Stock Exchange on Monday
Oleo-Fats managing director Vincent D. Lao said the partnership is part of the company’s strategy to focus on products that will give it better margins while moving away from low-margin commodities.
“This vote of confidence from a global player like Manildra shows how we have transformed ourselves from being a vegetable oil refiner into a leading developer and manufacturer of customized and specialized food ingredients in the Philippines,” Lao said.
Manildra Group general manager Peter Simpson said the deal would allow them to extend their reach into the Philippine canola and what market.
“Manildra is noticing and embracing the increased demand for Australian wheat-based products such as flour for noodles and glucose for use in confectionery production,” said Simpson.
MSM Milling noted the rapid growth in the use of canola oil in the Philippines as disposable income among the middle class increases.
As an increasingly popular ingredient due to its nutritional qualities and low saturated fat, canola and its derivatives can be found in a variety of food applications in retail, household and industrial markets.
Wheat is a staple ingredient in the bakery, biscuits and snacks industries.
Oleo-Fats uses canola oil and wheat products combined with an extensive portfolio of customized food ingredients to service food and beverage manufacturers. The company currently has over 500 food ingredient formulations.
Its primary businesses are specialty fats and oils, refined vegetable oils, specialty ingredients and food safety products. — VS, GMA News