​Cavitation Technologies (CVAT) Receives 5th Purchase Order for Nano Reactor System in India

Spotlight Companies  |

Cavitation Technologies, Inc. (OTCQB: CVAT) (BERLIN: WTC) announced that it received a new purchase order from Desmet Ballestra Group, a strategic partner and licensee of Cavitation Technologies, Inc.'s vegetable oil refining technology since 2010.

The Nano Reactor® system is to be installed for use in an oil refinery in India at ~400 metric tonnes per day (MTPD). This is the fifth purchase order the Company received in India up to date, with installation expected to be taking place in the Company's fiscal fourth quarter of 2018. The Company anticipates receiving $150,000 in the aggregate from this order.

India is the second largest market of edible oil in the world, ranking just behind China. India's edible oil sector is also expected to be the fastest growing sub-sector of its global agriculture market.

Cavitation Technologies Inc. is anticipating increased demand for the Nano Reactor® systems in India and is excited to provide efficient systems in an increased capacity.

About CTi

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 30 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/.

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Companies

Symbol Name Price Change % Volume
CVAT Cavitation Techs Inc 0.04 -0.00 -9.41 15,950

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