Cavitation Technologies, Inc. Receives Purchase Order for Biodiesel Nano Reactor System in South America
Cavitation Technologies (OTCQB: CVAT) announced a significant sale of its Nano Reactor® system to a biodiesel refinery in South America, with an expected revenue of approximately $190,000. This marks the company's second biodiesel system sale in the region since partnering with Desmet Ballestra Group in 2010. The Nano Reactor® technology enhances biodiesel production by enabling the use of various feedstocks, leading to higher yields and improved productivity. This sale underscores the growing acceptance of CVAT's technology in South America.
- Anticipated revenue of approximately $190,000 from the sale of the Nano Reactor®.
- Second biodiesel system sale in South America, indicating market growth.
- Biodiesel Nano Reactor® improves yield and allows for multiple feedstock options.
- None.
CHATSWORTH, CA, March 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Cavitation Technologies, Inc. (OTCQB: CVAT) (BERLIN: WTC) announced that Desmet Ballestra Group, CVAT’s strategic partner since 2010, has completed a sale agreement for Nano Reactor® system with a bio-diesel refinery in South America and the Company anticipates to receive revenue of approximately
Technology Overview:
As an add-on to existing neutralization and pretreatment where Company’s patented technology is able to reduce oil losses, the amount of caustic and acid required for neutralization. CVAT’s Biodiesel Nano Reactor® is designed to use various feedstocks such as soy oil, canola oil, palm oil and tallow. Desmet Ballestra has developed an esterification technology enabling to process a wide range of high acidity feedstock, such as fatty acids distillate and acid olein's with desalted concentrated glycerol obtaining a neutral esterified oil suitable for biodiesel production, simultaneously, it allows to combine and use the lowest cost feedstock available to be processed through Biodiesel Nano Reactor®. The quality of the biodiesel produced from low-grade feedstock utilizing Biodiesel Nano Reactor® was found to be superior to the quality of biodiesel being produced utilizing conventional methods and technologies.
“This purchase order marks our Company’s second biodiesel system sale in South America and the aggregated value for this installation is approximately
About Cavitation Technologies, Inc.
Founded in 2007, the company designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company's patented Nano Reactor® systems and various technologies have over 40 patents issued and filed both domestically and abroad. http://www.ctinanotech.com/
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About Desmet Ballestra Group
The Desmet Ballestra Group provides engineering and supply of plants and equipment for the following industries worldwide:
- Oils and Fats and Animal Feed
- Detergents, Surfactants and related Chemicals
- Oleochemical and Biodiesel
Desmet Ballestra's R&D Team is composed of professionals specialized in Oils and Fats, oleochemicals and chemical processes, using the most comprehensive set of technological resources and equipment. Controlled by Financière DSBG, a holding company based in Paris, France, the Desmet Ballestra Group is present in all major market areas of the world through its integrated business units located in Northern and Central America (USA, Mexico), South America (Argentina, Brazil, Colombia), Asia & Far East (PR China, Singapore, Malaysia), India and Europe (Belgium, Turkey, Russia, Spain). http://www.desmetballestra.com/
Forward-Looking Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions, and include statements such as, the anticipated revenue of approximately
Contact:
Jessica Steidinger
jessica@ctinanotech.com
FAQ
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