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On Signing Memorandum between Vnesheconombank, the Omsk Region Administration, ROSNANO and the Titan Group of Companies

18 november 2009 года
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State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’, the Omsk Region Government, the State Corporation “The Russian Corporation of Nanotechnologies” (ROSNANO) and the Titan Group of Companies entered into a Memorandum on Cooperation.

On behalf of Vnesheconombank the Memorandum was signed by Vnesheconombank Chairman Vladimir Dmitriev, on behalf of the Omsk region Government - by Governor and Chairman of the Government Leonid Polezhaev, on behalf of ROSNANO – by its General Director Anatoly Chubais, on behalf of the Titan Group of Companies by its Board Director Alexandr Sutyaginsky.

Under the Memorandum the parties plan to promote all-round cooperation to increase the level of the Omsk region’s economic and technological development, encourage innovations in electric power and petrochemical industries and agro-industrial complex.

Top priority is to be given to the following projects to be implemented on the territory of the Omsk region:

  • building a full-cycle production facility for a complete silicon conversion from a mineral raw material to a top-quality raw material for ferrous and non-ferrous metal-making industries, solar energy industry, microelectronics industry and nanotechnologies;
  • building a plant to manufacture a high-octane oxygen-containing additive to gasoline – ethyl tert-butyl ether with the use of nanoporous multi-layer membranes.

The implementation of this Memorandum would help encourage investment activity aimed at boosting the region’s socio-economic and infrastructure potential and create new jobs.

Russian State Corporation of Nanotechnologies (ROSNANO) was founded by Federal Law №139-FZ on July 19, 2007 to pursue the state’s policy in the field of nanotechnologies, develop innovation infrastructure in nanotechnologies and implement projects aimed at creating promising nanotechnologies and nanoindustry.

Titan Group of Companies is a holding company with an annual turnover in excess of 550 million US dollars. It is among 100 largest companies in Russia. The holding’s main line of activity is to manufacture and sell petrochemical products.

 

Origin: Press Office of Vnesheconombank
Contact Person: Ekaterina Karasina
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E- mail: press@veb.ru


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