Cavitation Technologies received an order for two of its nano reactor systems at a vegetable oil refinery in India.
The order, secured by Desmet Ballestra Group, represents the seventh and eighth systems that the Chatsworth manufacturer has provided to India and the 14th order in Southeast Asia.
Cavitation manufactures fluid processing systems for making edible oils, renewable fuels, alcoholic beverages and clean water.
The nano reactors will be installed at ANA Oleo Pvt. Ltd., a joint venture between large palm oil exporters Apical and Acalpo Group, both in Singapore. ANA Oleo is located at Krishnapatnam Port, the largest deep seaport on the east coast of India, near the city of Nellore.
Roman Gordon, global technology officer of Cavitation Technologies, said that India has proven a great opportunity for the company since the introduction of its patented technology seven years ago.
“We hope that this installation will translate into more sales in Southeast Asia, as our technology has demonstrated it can reduce costs and environmental impact in both new and existing edible vegetable oil refineries around the world,” Gordon said in a statement.
Shares in Cavitation Technologies (CVAT) closed Monday up a fraction of a cent to 7 cents on the over-the-counter market.