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CIIF Oil Mills Group

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Philippine coconut oil milling and refining conglomerate, maker of the Minola cooking oil brand.

Last updated September 28, 2026

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Overview

The CIIF Oil Mills Group (CIIF OMG), formally the Coconut Industry Investment Fund Oil Mills Group, is a Philippine conglomerate of coconut oil mills and refineries established in the 1970s. It operates an integrated network of copra crushing, coconut oil refining, and trading operations, serving both domestic manufacturers and international export markets. Its member mills have a combined annual crushing capacity of 370,000 metric tons of copra and a refining capacity of 240,000 metric tons of processed coconut oils. According to the company, this represents roughly 10% of the national coconut oil milling industry and a 25–30% share based on annual Philippine copra production. The group is organized around three strategic, ISO-certified and organic-certified oil mills located near major copra-producing regions: GRANEX in Iligan, LEGOIL in Legazpi, and SPMC in Batangas. Supporting these plants is a nationwide network of Copra Buying Stations that purchase harvests directly from coconut farmers, and a company-owned fleet, Iligan Bay Express Corporation, which transports copra from the countryside to the mills. The GRANEX pier can accommodate vessels of up to 65,000 deadweight tons, enabling export-grade loading of coconut oil products for major international customers. CIIF OMG produces a range of coconut-based products. On the consumer and industrial side, its flagship Minola brand of premium coconut cooking oil has led the Philippine coconut cooking oil market for over 50 years and is exported to Asian, Middle Eastern, and North American markets. The group also makes table margarine, bakery margarine, vegetable shortening, and butter oil substitute. Its commodity portfolio includes organic certified refined coconut oil (RBD CNO), copra meal in cake or pellet form, crude coconut oil (CNO), and refined bleached coconut oil (Cochin), supplied in bulk and packaged formats for domestic and international buyers. Positioned as a vertically integrated coconut oil enterprise, CIIF OMG combines upstream copra sourcing, midstream milling and refining, and downstream consumer branding and export trading. Its operations are anchored in the Philippines but its customer base extends worldwide, supplying fats, oils, and animal feed ingredients to what it describes as the world's biggest and most prestigious customers.

History

The CIIF Oil Mills Group, formally the Coconut Industry Investment Fund Oil Mills Group, was established in the 1970s as a conglomerate of coconut oil mills and refineries strategically located across the Philippines. Its origins are tied to the Coconut Industry Investment Fund, a Philippine government-initiated fund created to support and develop the coconut industry, though the group now operates as an integrated commercial enterprise producing fats and oils for domestic and global markets. From its early years, the group pursued a vertically integrated model. It established Copra Buying Stations nationwide to gather and purchase copra directly from coconut farmers, ensuring a steady supply of raw material for its mills. A company-owned fleet, Iligan Bay Express Corporation, was set up to transport copra from the countryside to the oil milling plants and refineries. This upstream integration allowed the group to maintain continuous manufacturing operations and to scale its crushing and refining capacity over time. The group's industrial footprint grew around three strategic oil mills located near the country's major copra-producing regions: GRANEX in Iligan, LEGOIL in Legazpi, and SPMC in Batangas. These facilities are ISO-certified and organic-certified. Together they give CIIF OMG a combined annual crushing capacity of 370,000 metric tons of copra and a refining capacity of 240,000 metric tons of processed coconut oils. The GRANEX pier, capable of accommodating vessels up to 65,000 deadweight tons, supports the group's export operations. On the consumer side, the group's Minola brand of premium coconut cooking oil has been a trusted name in Philippine kitchens for over 50 years and dominates the consumer-pack market segment, with overall leadership in the Philippine vegetable oil business. Minola has expanded beyond the Philippines into Asian, Middle Eastern, and North American markets. The group also produces table margarine, bakery margarine, vegetable shortening, and butter oil substitute for consumer and industrial use. In commodity markets, CIIF OMG supplies crude coconut oil, refined bleached coconut oil (Cochin), organic certified refined coconut oil (RBD CNO), and copra meal in cake or pellet form. These products are shipped in bulk and in various packaged formats, including drums, tins, carboys, IBC paper totes, steel drums, and private-label packaging. The group serves domestic manufacturers and international customers, describing its clientele as among the world's biggest and most prestigious buyers of fats, oils, and animal feeds. Through the decades, CIIF OMG has maintained its position as a dominant manufacturer of premium coconut cooking oil and a significant coconut oil exporter, operating an integrated network of milling, refining, and trading operations anchored in the Philippine coconut industry.

  • Established in the 1970s as a conglomerate of coconut oil mills and refineries.

  • Minola brand has been in the Philippine market for over 50 years.

  • Three strategic oil mills — GRANEX in Iligan, LEGOIL in Legazpi, and SPMC in Batangas — operate as ISO-certified and organic-certified facilities.

  • Combined annual crushing capacity reaches 370,000 metric tons of copra with 240,000 metric tons refining capacity.

  • GRANEX pier accommodates vessels up to 65,000 deadweight tons for coconut oil exports.

Products and positioning

Vertically integrated Philippine coconut oil milling, refining, and trading group with a leading consumer cooking oil brand and export-grade commodity operations.

  • Minola Premium Coconut Oil

    Refined edible vegetable oil derived from the coconut kernel; flagship consumer cooking oil brand.

  • Table Margarine

    Coconut-based, trans-fat-free margarine with butter taste and aroma.

  • Bakery Margarine

    Coconut-based, trans-fat-free margarine made for baking applications.

  • Vegetable Shortening

    White aerated crystallized fat made from quality vegetable fats and oils.

  • Butter Oil Substitute

    Semi-solid, butter-flavored fat made from premium quality vegetable oils.

  • Organic Certified Refined Coconut Oil (RBD CNO)

    Fully refined coconut oil traceable from organic certified farms; shipped in bulk, drums, tins, carboys, IBC paper totes, steel drums, and for private labels.

  • Copra Meal (Cake or Pellet Form)

    Made from dried coconut meat (copra) in cake, pellet, or pulverized form; organic copra meal traceable from organic certified farms.

  • Crude Coconut Oil (CNO)

    Natural oil derived from dried coconut meat (copra), used as raw material for cooking oil, specialty fats and oils, and oleochemicals.

  • Refined Bleached Coconut Oil (Cochin)

    Refined but undeodorized coconut oil that may be used directly for cooking; preferred raw material in edible and non-edible production.

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