Cavitation Technologies sells 2nd Biodiesel Nano Reactor system in South America
Cavitation Technologies Inc. (CVAT) announced that Desmet Ballestra Group, CVAT’s strategic partner since 2010, has completed a sale agreement for a Nano Reactor system with a biodiesel refinery in South America. The company anticipates to receive revenue of approximately $190,000 from the sale.
The patented Nano Reactor technology is can be used as an add-on to existing neutralization and pretreatment systems to reduce oil losses, and the amount of caustic and acid required for neutralization. CVAT’s Biodiesel Nano Reactor is designed to use various feedstocks such as soy oil, canola oil, palm oil and tallow.
Desmet Ballestra has developed an esterification technology enabling to process a wide range of high acidity feedstock, such as fatty acids distillate and acid oleins with desalted, concentrated glycerol obtaining a neutral, esterified oil suitable for biodiesel production. Furthermore, it allows to combine and use the lowest-cost feedstock available to be processed through CVAT’s Biodiesel Nano Reactor. According to CVAT, the quality of biodiesel produced from low-grade feedstock utilizing its Biodiesel Nano Reactor was found to be superior to the quality of biodiesel being produced utilizing conventional methods and technologies.
“This purchase order marks our company’s second biodiesel system sale in South America and the aggregated value for this installation is approximately $190,000,” said Neil Voloshin, chief financial officer and chief operating officer of CVAT. “Our Nano Reactor system provides the biodiesel processing industry with an innovative technology that allows producers in the region to benefit from use of multiple feedstocks, higher yields and improved productivity. We feel this second purchase order indicates the growing acceptance of our unique technology in South America and provides our company with great business opportunities going forward.”
Founded in 2007, CVAT designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company’s patented Nano Reactor systems and various technologies have more than 40 patents issued and filed both domestically and abroad.