CHATSWORTH, CA, Feb. 07 28, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Cavitation Technologies, Inc. (OTCQB: CVAT) announced that Desmet Ballestra Group, CVAT’s strategic partner since 2010, has closed orders for two more CVAT Nano Reactor ® at a refinery in vegetable oil in India.
New refining complex in India:
We are proud to announce that Desmet Ballestra India has finalized an order for one of the most prestigious refining complexes with ANA Oleo Pvt Ltd at Krishnapatnam Port (Andhrapradesh). ANA Oleo Pvt Ltd is a joint venture between one of the largest palm oil exporter Apical and Singapore based Acalpo Group. – https://www.desmetballestra.com/news/728-new-refining-complex-with-ana-oleo-india
This installation will mark the seventh and eighth CVAT system sales to date in India and the 14th in Southeast Asia, a region with enormous potential in the edible vegetable oil processing industry.
The project represents one of the largest complexes ever built in India. Even though there have already been eight installations of our technology in India so far, the scale of the current project is impressive and includes six plants of different capacity from 100 TPD to 600 TPD for refining, post-refining, chemical refining which can integrate Nano Neutralization® Systems.
Roman Gordon, Global Technology Officer of Cavitation Technologies, Inc., commented, “Our patented technology was introduced in India seven years ago, which has proven to be a great opportunity for the company. The vegetable oil refinery market in India is certainly one of our company’s most important customers and the fact that this refining complex has chosen our Nano Neutralization® Systems over the conventional method reaches yet another milestone for our technology.
We expect this installation to result in increased sales in Southeast Asia, as our technology has been shown to reduce costs and environmental impact in new and existing edible vegetable oil refineries around the world. whole.
CVAT’s Nano Reactor® is designed to refine various edible vegetable oils such as oil, soybeans, canola, sunflower and palm oil, and even tallow. The CVAT process and system provides improved performance, reduced operating expenses, reduced environmental impact, exceptional oil quality, improved shelf life and up to 90% reduction in harsh chemicals used in the process of refining conventional edible vegetable oils.
About Cavitation Technologies, Inc.
Founded in 2007, the company designs and manufactures innovative continuous-flow devices and systems, and develops process technologies for edible oil refining, renewable fuel production, water treatment and improvement of alcoholic beverages. The company’s patented Nano Reactor® systems and various technologies have over 40 patents issued and filed domestically and internationally. https://www.cvatinfo.com/
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About Desmet Ballestra Group
The Desmet Ballestra Group provides engineering and supply of plant and equipment for the following industries worldwide:
- Oils and fats and animal feed
- Detergents, surfactants and related chemicals
- Oleochemical and Biodiesel
The Desmet Ballestra R&D team is made up of professionals specializing 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 North and Central America (United States, Mexico) , in South America (Argentina, Brazil, Colombia), Asia and the Far East (PR China, Singapore, Malaysia), India and Europe (Belgium, Turkey, Russia, Spain). http://www.desmetballestra.com/
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some instances, forward-looking statements may be identified by words such as “may”, “should”, “potential”, “continuing”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” and similar expressions, and includes statements such as “This facility will mark the seventh and eighth sale of CVAT systems in India to date and 14th in Southeast Asia, a region with enormous potential in the edible vegetable oil processing industry.These forward-looking statements are largely based on the Company’s expectations and are subject to a number of risks and uncertainties, some of which are beyond the control of the Company. Actual results could differ materially from these forward-looking statements due to various factors, including the state of the economy, the environmental competitive performance and our ability to complete the installation as planned and other factors described in our most recent Form 10-K and our other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8 -K. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained in this press release will materialize or prove to be accurate. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise, except if required by law.
Cavitation Technologies, Inc.