D&L Industries, Inc. Approves Creation and Organization of Committees
May 15, 2017 at 08:49 am
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At the meeting of the Board of Directors of D&L Industries, Inc. 15 May 2017, the Board approved the creation of Corporate Governance Committee, Risk Management Committee and Related Party Transaction Committee. Corporate Governance Committee consist of Mercedita S. Nalledo as Chairman, Lydia R. Balatbat-Echauz, Corazon S. dela Paz-Bernardo, Yin Yong L. Lao as members. Risk Oversight Committee consist of Filemon T. Berba Jr. as Chairman, Lydia R. Balatbat-Echauz, John L. Lao and Alvin D. Lao as members. Related Party Transaction Committee consist of Lydia R. Balatbat-Echauz as Chairman, Filemon T. Berba Jr., Mercedita S. Nalledo as members.
D&L Industries, Inc. is a Philippines-based holding company. The Company, through its subsidiaries, operates in four segments: Food ingredients segment, which is engaged in manufacturing a line of industrial fats and oils, specialty fats and oils, and culinary and other specialty food ingredients; Colorants and plastic additives segment, which manufactures a line of pigment blends, color and additive master batches, and engineered polymers for a range of applications; Oleochemicals, resins and powder coatings segment, which manufactures coconut methyl ester, other oleochemicals or chemicals derived from vegetable oils, resins, such as polystyrene, acrylic emulsions and polyester, and a line of powder coatings; Aerosols segment, which manufactures aerosol cans and components, and provides contract aerosol filling and compounding services, and Management and administrative segment, which provides goods and services through a contractual shared services model.