About the CIIF Oil Mills Group
Widely known for its coconut oil export and as a dominant manufacturer of premium coconut cooking oil, the Coconut Industry Investment Fund Oil Mills Group (CIIF OMG) was established in the 1970s. It is a conglomerate of oil mills and refineries strategically located in the Philippines.
The CIIF OMG steadily operates to produce fats and oils to serve both the domestic and global markets. Its operating plants have a combined annual crushing capacity of 370,000 metric tons of copra with a refining capacity of 240,000 metric tons of different grades of processed coconut oils. The oil mills' total crushing capacity accounts for about 10% of the country's coconut oil milling industry, and based on annual Philippine copra production, the CIIF OMG maintains a 25–30% share.
The company-owned fleet, Iligan Bay Express Corporation, transports raw materials (copra) from CIIF Copra Buying Stations in the countryside to the oil milling plants and refineries. A number of Copra Buying Stations (CBS) are in place nationwide to gather and buy the copra harvest from coconut farmers, assuring the oil mill plants sufficient stocks to keep manufacturing operations dynamic.
Through the years, the company has proven able to serve the global demands for fats and oils and animal feeds of the world's biggest and most prestigious customers. CIIF OMG's very own local coconut cooking oil brand, Minola, dominates the consumer-pack market segment with overall leadership in the Philippine vegetable oil business. It has been in the Philippine market for over 50 years and continues to grow in the Asian, Middle Eastern, and North American markets.
Member Companies
The CIIF Oil Mills Group is composed of three coconut oil milling and refining companies located near the country's major copra-producing regions.
Granexport Manufacturing Corporation (GRANEX)
The 10-hectare Granexport plant in Kiwalan, Iligan City was established in 1974. Known as the biggest copra processing plant in the world, Granex crushes 270,000 MT of copra per year. Its products include crude coconut oil, copra pellets, cochin (refined bleached oil, RB), and refined, bleached, and deodorized (RBD) coconut oil. The plant is equipped with a pier that can accommodate vessels of up to 65,000 deadweight tons for loading finished products and unloading copra feedstock.
Legaspi Oil Company, Inc. (LEGOIL)
Established and built in 1967 in the heart of Legazpi City, LegOil is known for producing crude coconut oil and copra meal for both domestic and export requirements. Designed as a full-press plant, it is now an organic-certified facility (USDA–National Organic Program, JAS, and EU), capable of crushing 100,000 MT of copra per year.
San Pablo Manufacturing Corporation (SPMC)
Formerly located in San Pablo, Laguna, the SPMC facility was transferred to its new 3.1-hectare home in San Antonio, San Pascual, Batangas. The plant can process 135,000 MT of vegetable oil per year and is equipped with cooking-oil filling lines and a specialty-fats processing plant.
Mandate
As companies under the Coconut Industry Investment Fund, the group's operations are impressed with public interest and are managed for the ultimate benefit of Filipino coconut farmers, consistent with law and applicable governance regulations.