Los Angeles CA (PRWEB) February 27, 2014
Cavitation Technologies, Inc. ("CTi") (OTC BB: CVAT) (Berlin: Stuttgart: WTC) announced today that CTi's strategic partner since 2010, and licensee of the company's vegetable oil refining technology, the Desmet Ballestra Group, has successfully completed the installation of CTi’s Nano Neutralization® Reactor System in a South Korean soybean oil refinery. This fully operational system, CTi’s first in South Korea, is capable of processing over 200 metric tons of soybean oil per day.
“The South Korean refinery marks our 15th installation either completed or under contract,” stated Roman Gordon, CTO of Cavitation Technologies, Inc. “With a pending installation in India, we believe Asia provides enormous potential for CTi’s technology moving forward.”
Mr. Gordon continued, “Project Manager, Param Kandiah, of the Desmet Ballestra Group provided a Project Commissioning Report of the installation, which inspects and tests every operational component of the project. Mr. Kandiah reported that the system is fully functional and displaying typical performance improvements as seen in other facilities, including a reduction in harsh chemical usage and increased efficiency.”
CTi’s President, Mr. Igor Gorodnitsky, commented, “I was impressed by how quickly CTi’s system was integrated into the plant’s facilities. Within a few days the system was installed, calibrated and fully operational. Conventional processes take substantially more time. It once again proves that CTi not only provides cost-effective technology to edible oil processing plants, but technology that can be integrated in a simple and convenient manner.”
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 Nano-Reactors® allow 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
Leading engineering company in its sector, Desmet Ballestra provides high profile solutions covering all stages of Oils and Fats processing: seeds preparation, extraction, refining and fat modification. The company has supplied small and large plants to some 1,700 oil millers in 150 countries, covering over 6.000 process sections.
Leading edge Research & Development and privileged customer relationship are the key assets of Desmet Ballestra, which is able to provide the best technologies through an international network of companies.
Desmet Ballestra Oils & Fats is held in high repute all over the world, and its name stands for experience, innovation, first class project management, customer service and environmental protection policy.
For more information: http://www.desmetballestra.com.
Forward Looking Statement
The foregoing press release may contain forward-looking statements, including statements regarding, among other things, about the expectation of CTI's future business. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment, and the Company's performance. In light of these risks and uncertainties there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate.
Surety Financial Group, LLC
Source: Cavitation Technologies, Inc.