Filed a Patent for Rapid Modification of Crude Oil
7 Jan 2009
Cavitation Technologies, Inc. (CVAT) has filed a patent for rapid modification of crude oil. It is proven that cavitation in fluids provide superior mixing and may significantly accelerate rates of chemical reactions and processes.
By applying this concept to oil refining industry the company was able to increase the efficiency of refining crude petroleum to gasoline, kerosene, diesel, jet fuel and other valuable hydrocarbon-based products. The company has developed a unique concept and created the efficient flow-through hydrodynamic cavitation device that does not have an equivalent in the market. The technology is very robust; it allows the prompt alteration of both physical and chemical properties of crude oil and petroleum products. The developed cavitation generator can be used as a feed injector/mixer and can be easily coupled to a fluid catalytic cracking unit (FCCU) or any other refining facility to maximize the refinery's profitability.
"We look forward to productive collaboration with a number of the oil mining and refining companies. Oil refining is a multi-billion dollar industry and we are very excited to become part of it. We are certain that our systems will increase profitability by cutting refining costs, saving energy, and increasing efficiencies," said Roman Gordon Chairman and CEO of Cavitation Technologies. "During our testing 5 to 15% more diesel and gasoline was produced from the same barrel of crude oil using our technology."
Crude oil is converted into many useful products. One barrel of crude oil gives the following percent yield: gasoline 46.7%, fuel oil 28.6%, jet fuel 9.1%, petrochemicals 3.8%, coke 3.5%, asphalt and road oil 3.1%, liquefied gases 2.9%, lubricants 1.3%, kerosene 0.9%, and waxes 0.1%. Cavitated oil increases the output of light fractions at lower temperatures. Cavitation heats crude oil, disrupts its matrix, and improves API gravity and viscosity by 10 -15%. The process breaks down hydrocarbons and facilitates their fragmentation which results in creation of more valuable by-products. There are several potential benefits of using cavitation on crude oil such as, but not limited to: Reducing energy consumption by minimum of 10%, facilitates cracking of hydrocarbons and increases gasoline/diesel yield by 5-15%, reduces sulfur content, raises octane number in the straight run benzene and diesel fractions, and facilitates separation of water from the petroleum. For instance, in our trials, oil cavitation in the absence of hydrogen gas has increased the Br-number (ASTM D1159-07) by 6-16%.
About Cavitation Technologies
Cavitation Technologies, Inc. (CTI) (CVAT) is an engineering and manufacturing company focused on becoming the worldwide leader in the sales of nano technology-based cavitation systems. Although CTI is focused on applying its technology to modular, turn-key solutions to the biodiesel industry, the company recognizes potential commercial applications for nano-based cavitation technologies in markets such as water sanitation, alcoholic beverage instant aging, milk pasteurization and homogenization, chemical processing, water - diesel emulsion, crude oil enhancement, and pharmaceuticals. The company is led by seasoned business professionals with management, manufacturing, engineering and environmental experience, and is headquartered in Chatsworth, California. For more information about Cavitation Technologies, please visit www.CavitationTechnologies.com or call 1 818-718-0905. Or come see us at National Biodiesel Conference & Expo, February 1-3, 2009. San Francisco, CA, Booth 102 & 104 http://www.biodieselconference.org/2009/default.asp
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Cavitation Technologies, Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Any communications received by fax or e-mail concerning Cavitation Technologies, Inc. which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company.