Cavitation Technologies, Inc., a NANO technology company based in Chatsworth, CA, announced today that they have signed their second agreement in less than a month time to install their proprietary Green D Plus Nano Cavitation System. Green D Plus is the unique, patent pending NANO Cavitation Process that converts crude non-degummed vegetable oils into high quality degummed oils using only water. It is estimated that Cavitation’s process can save a minimum $1.26 per ton of oil processed.
The press release today did not specify the name of the company in Minnesota where the system will be installed, but it did refer to it as a “major U.S. vegetable oil refinery.” Roman Gordon, Chief Executive Officer of Cavitation, was quoted in the article as saying, “This is a big step forward for our company with the agreement to install our technology in one of the world’s largest soybean oil extraction plants, that processes about 6,000 tons of soybeans per day.”
This news comes on the heels of an influx of company press releases regarding the development of their business strategy. One major item in this recent supply of news was executing a Worldwide License and Distribution Agreement for their Green D Plus Nano Cavitation Reactor Systems with Desmet Ballestra Group (January 20, 2010). Desmet, with over 1,300 employees worldwide, is a market leader providing the most advanced and efficient processing equipment and systems in the industry. Other significant press has included:
• Entering into a Strategic Alliance Agreement with Divine Fuel, LLC for its BioForce 9000 renewable fuel systems (January 29, 2010)
• Installing its first edible oil nano technology refining system as a result of its exclusive licensing agreement with Desmet Ballestra with a target install date of April 16th (April 1, 2010)
Cavitation, a “Green-Tech” company, was established in 2006 to become a world leader in the development of new cutting edge technologies for the vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, food and beverage, and chemical industries.