Makati—(PHStocks)—Roxas Sigma Agriventures Inc. (RSAI), a subsidiary of Roxas and Co. (PSE: RCI) recently appointed Berma Procesys Corp. to design and build its PhP760 million integrated coconut processing facility in Tupi, South Cotabato. The plant is expected to be completed by the end of 2016 and will be able to process 200 metric tons per day of coconuts to produce coconut water concentrate, coconut milk, coconut cream and virgin coconut oil (VCO), mostly for export.
Berma Procesys is one of the leading process engineering companies in the country today, providing professional technical design and process engineering supply and consultancy services to notable manufacturers in the food and beverage, agro-industrial, pharmaceutical, oleo-chemical and personal care industries.
Shown in simple contract signing ceremonies are seated from left to right, Roberto M. Mabilangan and Jesus Makilan, Chairman and CEO, respectively, of Berma Procesys; Domingo R. Capistrano and Pedro E. Roxas, COO and Chairman & President, respectively, of RSAI. Standing as witnesses are from left to right, Juan Gabriel P. Sison of Sigma Xynergies Corp.; Santiago R. Elizalde, RSAI Director; and Armando Escobar and J.J. Montinola, for Roxas and Co. Inc.
Roxas Sigma Agriventures Inc. is an 81% owned subsidiary of Roxas & Co. Inc.