Cavitation Technologies sells technology for Brazilian soy project

October 16, 2013 |

In California, Cavitation Technologies strategic business partner and licensee of the company’s vegetable oil refining technology, Desmet Ballestra, has entered into a sales agreement with a soybean oil refinery in Brazil. The Brazilian refinery where Desmet will install CTi’s Nano Neutralization(R) Reactor System processes approximately 500 tons of soybean oil daily. Desmet projects that the system installation will be completed and fully operational by June 30, 2014, the end of CTi’s fiscal year 2014.

CTi anticipates approximately $350,000 in revenue from the sale to be received in the 2nd and 3rd fiscal quarters of 2014. With multiple sales in Argentina and Ecuador, this Brazilian installation marks CTi’s sixth in South America. This region has enormous sales potential in edible oil processing and refining and is a major target for the company.

Category: Fuels

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