Enviro Voraxial Technology announces sale of oil/water separator to mining firm
The sale of the oil/gas separator was predicated upon the successful testing of EVTN's smaller Model Voraxial 2000 Separator in the separation of petroleum-based liquids from water that is used during the production process...
FORT LAUDERDALE, FL, Feb. 9, 2005 (PRNewswire-FirstCall) -- Enviro Voraxial Technology Inc. (EVTN) has sold a Model Voraxial® 4000 Separator to a well-established Canadian-based mining company.
The sale of the oil/gas separator was predicated upon the successful testing of EVTN's smaller Model Voraxial 2000 Separator in the separation of petroleum-based liquids from water that is used during the production process. The sale of this unit is being reported at this time because it is a material event for EVTN; however specific information surrounding the transaction is being withheld until specific regulatory criteria have been met.
"This sale is significant because it further validates the Voraxial Separator technology and inaugurates the application of our separation technology into the mining industry. Further, the type of oil/water separation our unit is conducting is very similar to applications in other vertical and much larger markets, such as the oil industry," said John A. DiBella, Vice President of Enviro Voraxial Technology. "The need for our oil/water and grit/water separation technology is applicable in many phases of mining operations. We are now taking the necessary steps to increase our presence in the mining sector, and hope to report on other developments in the very near future."
The patented Voraxial Separator from Enviro Voraxial Technology Inc. (www.evtn.com) is a cost-efficient, continuous flow separator that simultaneously separates liquid/liquid, liquid/solid or liquid/liquid/solid mixtures at extremely high flow rates while achieving very high levels of purity. The technological superiority of the separator over conventional technologies is in its ability to produce a real-time, high "g" centrifugal force to yield a high-purity product or products at a volume of 3 gallons per minute to over 10,000 gallons per minute. The technology is scaleable and nearly universal in its implementation. Although the Voraxial Separator is applicable to almost any industry separation process, the company is focusing its near-term efforts in the following five vertical markets: municipal wastewater industry, oil exploration and production, oil refineries, mining, and manufacturing.