Mar 23 2015
Cavitation Technologies, Inc. (CTi) announced today that the Desmet Ballestra Group, CTi's strategic partner since 2010 and licensee of the company's vegetable oil refining technology, has entered into a new system trial agreement with a canola oil refinery in Canada.
This oil refinery processes approximately 500MTPD of canola oil and Desmet anticipates system installation in the first quarter of CTi's fiscal year 2016.
With system installations in soy refineries worldwide, this order marks CTi's first system trial in canola oil and provides a new business opportunity for company's line of products in edible oil processing and refining.
Roman Gordon, company's CTO comments, "We are very excited to have a system trial at canola processing refinery. Furthermore, this system trial comes from a repeat customer in North America. This customer had an opportunity to evaluate significant benefits that our technology brings in soy oil refining and chose to install our system at their canola refining plant. Our invaluable relationship with our licensee, the Desmet Ballestra Group, provides our company with very strong business partnership with global technology leader."