Cavitation Technologies, Inc. (CTi) has recently renewed a 3-year Global License Agreement with its strategic partner since 2010, Desmet Ballestra Group s.a. (Desmet). This collaboration underscores the continued success and innovation in the field of nano-based vegetable oil refining and biodiesel production technology.
Key Takeaways:
- Renewed Partnership: CTi has renewed a 3-year Global License Agreement with Desmet Ballestra Group, reinforcing a strategic partnership that has flourished since 2010.
- Significant Order: Alongside the agreement, Desmet has placed an order worth over $650,000 for multiple systems from CTi, expected to be shipped within the current fiscal quarter.
- Exclusive Licensing: The agreement grants Desmet exclusive rights to develop, design, and supply CTi’s NANO Neutralization® System globally for fats and oleochemical applications.
- Technological Advancements: CTi’s nanotechnology, particularly its LPN multistage Nano Reactor®, offers substantial improvements over traditional methods in vegetable oil refining, showcasing lower operating costs, reduced environmental impact, and superior oil quality.
- Continued Growth: Both companies anticipate further growth and success, leveraging CTi’s innovative technology across various applications globally.
Strengthening Partnerships
The renewed agreement between CTi and Desmet not only extends their partnership but also highlights the mutual benefits derived from this collaboration. Neil Voloshin, CEO of Cavitation Technologies, Inc., expressed satisfaction in strengthening the partnership with Desmet, which has facilitated CTi’s exposure to a broader customer base and enabled showcasing its ESG-friendly nanotechnology globally.
Technological Impact
CTi’s LPN multistage Nano Reactor® represents a significant leap forward in fluid processing technology, particularly in the vegetable oil refining sector. This technology is credited with improving performance, reducing operating expenses, and minimizing the environmental footprint of traditional refining processes. It also ensures exceptional oil quality and extended shelf life, reducing the use of harsh chemicals by up to 90%.
About Desmet Ballestra Group
Desmet Ballestra Group stands as a global leader in providing custom-engineered plants and equipment for the food, feed, and biofuels industries. With over 75 years of experience, significant R&D capabilities, and a vast customer base, Desmet has established a formidable reputation worldwide. The company’s sales and engineering offices span across 15 countries, offering a broad range of proprietary technologies and expertise in the oils and fats industry.
About Cavitation Technologies, Inc.
Founded in 2007, Cavitation Technologies, Inc. is at the forefront of developing processing technologies and manufacturing innovative devices for applications across edible oil refining, renewable fuel production, water treatment, and more. With over 40 patents issued and filed both domestically and internationally, CTi’s patented Nano Reactor® systems represent a paradigm shift in fluid processing technology, promising a future of sustainable and efficient industrial processes.
Image provided by Cavitation Technologies, Inc.
