EVTN enters waste to energy market
Enviro Voraxial Technology, Inc. (OTCBB: EVTN - News) announced today that the Company has received multiple orders for its Voraxial Separators from a company that is commercializing clean waste-to-energy technology. If the customer‘s projections are realized, EVTN may receive orders valued approximately $11 million over the next 12 months.
This Waste to Energy customer builds mobile, modular bio-refineries that convert waste to clean energy and environmentally friendly byproducts. The customer requires compact, energy efficient and high performance systems for its bio-refineries since they must be transported to waste processing locations and operate at maximum efficiency. As a part of this process, they require oil/water separation. EVTN’s ultra-high performance Voraxial Separators will easily provide oil/water separation for the customer’s volume requirements, with a combination of compact size, energy efficiency, no pressure drop requirement, low maintenance, ease of operation and other features that competitive technologies cannot approach. The purchase orders are for a Voraxial® 2000 Separator and a Voraxial® 2000 Skid. Each unit processes and separates between 20-60 gallons per minute (gpm).
The significance of the current purchase order from the Waste to Energy sector is that it underlines the use of EVTN’s Voraxial Separators in multiple and diverse global industries, where huge market applications are dominated by legacy technologies. These existing technologies cannot approach the performance capabilities of the Voraxial in a wide variety of applications.
Market interest in the Voraxial continues to grow as the awareness of the Voraxial spreads through many industry sectors. This market respect and recognition is clearly evidenced by the University of Tulsa, Department of Petroleum Engineering inviting EVTN to join GE, Chevron, Saudi Aramco and ExxonMobil in presentations at a Separation Workshop following the industries major Offshore Technology Conference in Houston on May 11th. This presentation resulted in additional requests for quotes from major attending oil companies and strategic marketing discussions from respected oilfield service and equipment suppliers. Oil service companies are interested in leveraging the performance advantages of the Voraxial to enhance their own product or service offerings to their customers, potentially providing EVTN with dramatically increased market presence and service capability. This is further evidence of the growing recognition that EVTN’s Voraxial separation technology offers customers a more effective method of separating components such as oil and solids from water, at reduced cost and increased performance benefits to the customer.
“Even during these uncertain economic times, we have seen a significant increase in demand for the Voraxial,” said John A. Di Bella, VP of EVTN. “The Voraxial simply offers a superior, yet cost-effective method of treating separation requirements across a huge variety of global applications.”
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