Jan 30 2010
Cavitation Technologies announced that it has signed a Strategic Alliance Agreement with Divine Fuel with regard to the company’s BioForce 9000 renewable fuel systems. Cavitation Technologies is a global leader in the development of groundbreaking technologies for the renewable fuel, water treatment, petroleum, wastewater sanitation, food and beverage, chemical, and vegetable oil refining industries.
Divine Fuel after assessing various technologies, selected BioForce 9000 system developed by Cavitation Technologies as the technology of choice. Divine Fuel is a project developer and is focused on the production of renewable fuels in Peru, Guatemala, and Mexico.
Divine Fuel has commitments to develop a biofuel plant that is capable of producing 100 million gallons per annum. This is its first 100-million gallon plant for and the company has letters of intent for constructing nine more 100-million gallon plants. These additional plants are to be constructed over the next three to five years. Funding for the projects is being provided by private investors through a major international bank.
Source: www.cavitationtechnologies.com