​Cavitation Technologies Receives 6th 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 in the oil refinery in India at ~500 metric tonnes per day (MTPD). This is the sixth 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 $130,000 in the aggregate from this order.

India has been one of the strongest markets for the Company's Nano Reactor® systems in recent years. Asia and South-East Asia have contributed to approximately 40 percent of the Company's systems sales, and along with North American markets will continue to be the primary source of revenue in the near future.

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 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 -5.01 52,000

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