United Coconut Chemicals, Inc. referred to as COCOCHEM® was incorporated in the Philippines on December 18, 1981. COCOCHEM® was previously involved in the manufacture of fatty acids, fatty alcohol and glycerine utilizing coconut oil as the principal raw material and in the sale, marketing and distribution of such products in the Philippines and elsewhere in the world.
COCOCHEM® is now engaged principally in the rental of tanks, warehouses and pier operations. Through its subsidiaries, it is also involved in the development and operation, lease of land in the special economic zones, including the acquisition, operation, installation, construction and/or maintenance of water, electric, distribution systems, sewerage and drainage systems, pollution control devices, communication facilities, paved road network and other utilities within the said special economic zone.
COCOCHEM® is 92.85% owned by the Coconut Industry Investment fund (CIIF) and 7.15% owned by Philholding, S.A. of Germany
The registered office address of COCOCHEM® is Cocochem Agro-Industrial Park (CAIP-SEZ) San Antonio, San Pacual, Batangas, Philippines.
CAIP was born on December 4, 1997 with the Philippine Economic Zone Authority's (PEZA) Registration No. EZ-97-05 and with President Fidel V. Ramos Proclamation No. 1129 on January 20, 1998. We are the country's first oleochemical ECOZONE especially planned to meet the demands of local and foreign investors.
It is located in a 42-hectare property in San Pascual, Batangas. It's main business is the development and operation of the ecozone, providing utilities and services to its locators. It is also leasing available property in the ecozone.