Maker of devices and systems for refining edible oils and biofuels, including biodiesel and ethanol, Cavitation Technologies, Inc. (CTi) will have one of its reactors installed at a soybean processing plant. The company’s agreement with Desmet Ballestra Group will see CTi’s vegetable oil refining system process approximately 500 tons of soybean oil with full installation and operations coming in 2015.
President Igor Gorodnitsky comments, “We are excited to have our first system sale in fiscal 2015. We believe that fiscal 2015 will encompass a combination of the benefits our technology brings in vegetable oil refining, production of ethanol and biodiesel, water and petroleum treatment. Our invaluable relationships with our licensees, the Desmet Ballestra Group and GEA Westfalia provide our company with very strong business partnership with global technology leaders.”
CTi anticipates approximately $350,000 in revenue from this sale. This is CTi’s 12th system put in North America.