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/.
Follow us on Twitter for real time updates: https://twitter.com/CavitationTech
Like us on Facebook to receive live feeds updates: https://www.facebook.com/ctinanotech
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/.
In the interest of full disclosure, we call the reader’s attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.