Cavitation Technologies has declared that its strategic partner, Desmet Ballestra has received a research grant worth €690,000 from The Flemish Agency for Innovation by Science and Technology (IWT) for the proprietary CTI Nano Neutralization process of Cavitation Technologies.
Desmet Ballestra will use the grant for its ECO-OIL research project concentrating on the mild refining process and will study novel applications of the Nano Reactor in the processing of edible oil. The company has selected the Faculty of Applied Biological Sciences of the University of Ghent as its institutional partner for the project. The university and the company are partners for over 15 years.
In 2010, Desmet Ballestra and Cavitation Technologies had signed a strategic collaboration for the commercialization of CTI Nano Neutralization technology in the market of edible oil refining. So far, two industrial-scale installations have been successfully commissioned by the companies and they are aggressively marketing the technology among vegetable oil refiners throughout the world.
Desmet Ballestra’s Global Technology Director, Marc Kellens stated that as part of the ECO-OIL project, the application of Nano Reactor process will be focused on the advancement of the conventional edible oil refining method. The company believes that besides neutralization, the innovative process is capable of providing significant advantages to vegetable oil refiners.
The Chairman and Chief Executive Officer at Cavitation Technologies, Todd Zelek stated that through the partnership with Desmet Ballestra, the company has successfully exhibited the efficiency of its CTI Nano Neutralization technology in cost saving, increasing output and reducing environmental footprint of the vegetable oil refining process.
Source: http://www.ctinanotech.com