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Cavitation Technologies Receives Purchase Order for Nano Reactor System in Thailand

CHATSWORTH, CA / ACCESSWIRE / July 19, 2017 / Cavitation Technologies, Inc. (CTi) (OTCQB: CVAT) (BERLIN:WTC), received a purchase order from Desmet Ballestra Group, CTi's strategic partner and licensee of the company's vegetable oil refining technology since 2010. CTi's Nano Reactor™ system is to be installed for use in a soybean oil refinery in Thailand with ~700 metric tonnes per day (MTPD). This is the second purchase order the company received in Thailand this year. The company anticipates the system shipment to be completed in the company's fiscal 1st Quarter 2018 and receive approximately $325,000 in revenue.

Cavitation Technologies, Inc. Global Technology Manager, Roman Gordon said, "This is the first purchase order we received in Fiscal 2018 through our strategic partnership with Desmet Ballestra. We continuously dedicate our efforts to develop new technologies and products to enhance our shareholders value and focus on sales efforts to customers worldwide. This latest order comes from the soybean oil refinery in Thailand, our company's second system installation in the country."

About CTi

Founded in 2007, the company designs and manufactures state-of-the-art, flow-through, devices and systems as well as develops processing technologies for use in edible oil refining, renewable fuel production, expeditious...