The framework agreement was signed in the presence of Russian Ambassador Igor A. Khovaev and Philippine Chamber of Commerce and Industry President George T. Barcelon. Philippine President Rodrigo Roa Duterte was the keynote speaker at the conference.
The trade deal is pursuant to the Memorandum of Cooperation signed by ABCI and ROSATOM subsidiary RUSATOM International Network on June 20 in Moscow.
The agreement aims to affirm the commitment of both parties to move towards project execution.
It outlines the stages of project implementation: feasibility studies, design and engineering surveys, construction and commissioning, and the prospect of expansions. Upon completion of the necessary procedures, feasibility studies are expected to begin by end of 2017, design, engineering surveys and construction of the center in 2018.
The center will provide commercial services of product treatment with ionizing radiation. It will also serve as a research platform for radiation technology and its impact on various product properties.
Agricultural irradiation involves treating produce with a low dosage of ionizing radiation to eliminate bacteria and germs, prevent the spread of pests, and delay or prevent ripening or spoiling during transit and storage. The process reduces the risk of foodborne illnesses and increases longevity and shelf life. Since there is no direct contact with the radiation source, irradiated food does not become radioactive.
Castro expressed his confidence in the project, while acknowledging the importance of information campaigns and activities to enhance public awareness about nuclear technologies. “These technologies unlock exciting opportunities for various industries,” said Castro. “They help to save foods and modify materials for industrial solutions. A Brown’s experience in infrastructure project development and agribusiness, combined with ROSATOM’s experience in nuclear technology as well as the continued support of the Duterte government, will help to further drive innovations in the country.”
Rusatom Healthcare CEO Denis Cherednichenko shared the sentiment. “ROSATOM offers a turn-key solution in radiation technologies, which include the design and construction of irradiation centers, manufacture and delivery of equipment, personnel training, and commissioning of the center. With our more than 70 years of experience, we hope the technologies we offer will contribute to the sustainable development of the Philippines,” he said.
A Brown Company Inc. is a key player in real estate and agribusiness in Southern Philippines with investments in mining, infrastructure, and energy, including the 2x135MW coal-fired Palm Concepcion Power Corp. (PCPC) in Iloilo and the 55MW bunker-fired Peakpower Energy Inc. serving various electric utilities in General Santos, Agusan del Sur, and part of Bukidnon. Hydro Link Projects Corp. is developing a hydropower plant in Surigao del Sur. AB Bulk Water Company, Inc. is a bulk water supply project in Opol, Misamis Oriental in partnership with the local government.
ROSATOM State Atomic Energy Corporation is the Russian Federation’s national nuclear corporation that comprises of more than 300 nuclear industry companies and institutions. With over 70 years of experience in the field of nuclear technology, ROSATOM works on a global scale to provide comprehensive nuclear services that range from uranium enrichment to nuclear power plant construction as one of the global leaders in nuclear industry. ROSATOM has a strong focus on applied research and innovations and invests 4.5% of its annual revenues into R&D projects. The technologies of the Russian nuclear industry have been used to build over 120 research reactors globally.
Through its division RUSATOM Healthcare, ROSATOM provides the development and production of equipment and radionuclide products for nuclear medicine and medical radiology, as well as industrial equipment and turnkey solutions for the industry and agriculture based on radiation technologies.
RUSATOM International Network is an industry complex under the governance of ROSATOM State Corporation with a mission to develop and manage a network of ROSATOM regional centers. The company is comprised of 11 regional centers. The main tasks of the company and its regional centers are to seek new opportunities to expand business, promote Russian nuclear companies’ products and services globally.
Oct 17, 2018 0A new one-level corporate building will soon rise in the uptown part of this city, particularly along Masterson Avenue. But unlike any other edifice, this one is more environment-friendly and cost-efficient. The new corporate offices of S.V. More Pharma (Butuan) will only take five months to...