Desmet Ballestra has successfully installed CTI's System at United States Edible Oil Refinery
10 May 2013
LOS ANGELES, Calif., May 10, 2013 - Cavitation Technologies, Inc. (CTI) (CVAT) (Berlin & Stuttgart:WTC) announced today that the Desmet Ballestra Group, CTI's strategic partner since 2010 and the licensee of the company's vegetable oil refining technology, has successfully completed another installation of CTI's Nano Neutralization(R) system at an edible oil refinery in Volga, South Dakota. The purchased system, capable of processing 500 tons of soybean oil daily, will aid the refinery's production of refined, bleached, and deodorized soybean oil.
Roman Gordon, CTO, commented, "This installation marks a significant milestone for our company and our technology. The results from this particular installation have been profound. Our system has demonstrated a 90% reduction of citric acid and 50% reduction of caustic, all of which have led to improved efficiency and operations for edible oil processing." CTI received the initial down payment for the system in the second quarter of the current fiscal year and collected additional revenue from the sales agreement at the end of the fiscal third quarter, March 31, 2013.
About CTI Founded in 2007, the company designs and manufactures state-of-the-art, flow-through, robust devices and systems and develops processing technologies for use in edible oil refining, renewable fuel production, expeditious petroleum upgrading, algal oil extraction, alcoholic beverage enhancement and water treatment. As an add-on to existing neutralization systems, the company's patented NanoReactor(TM) allows refiners to significantly reduce both processing costs and the environmental impact, while also increasing the yield. More information is available at http://www.ctinanotech.com
About Desmet Ballestra Group The Desmet Ballestra Group is the world leader in the fields of engineering and supply of plants and equipment for the oils, fats, animal feed industries, detergents, surfactants and related chemical industries and the oleochemical and biodiesel industries. Desmet Ballestra possesses a great worldwide reputation, thanks to over 60 years of experience, a significant R&D capacity and the most extensive customer base in the industry. The company has sales and engineering offices in 15 countries. More information is available at http://www.desmetballestra.com