FORT LAUDERDALE, Fla., Jan. 25, 2011 /PRNewswire/ -- Enviro Voraxial Technology, Inc. (OTCBB: EVTN) announced today that it has received a purchase order for multiple Voraxial® Separators for an offshore Produced Water application in South America. This order is from a joint venture company of the same South American National Oil Company that recently purchased multiple Voraxial Separators for its onshore production facility. EVTN believes there is a high potential for multiple repeat orders over the next several years.
The South American National Oil Company currently processes several hundred thousand barrels of wastewater per day. This sale further extends the use of the Voraxial to both its onshore and offshore facilities for the critical process of separating oil and sand from its produced water. The Voraxial Separators will be used on the customers FPSO (Floating Production, Storage and Offloading). This follow-on sale is the first since the initial order from the parent company 2 months ago. The system will be shipped in first quarter 2011.
"The Voraxial offers the separation industry a very cost efficient method of processing and treating wastewater. With limited space and fluid pressure, many operators are looking for a simpler solution than what is currently available in the market. The ability to treat a high volume with no pressure drop requirement and small footprint is a great selling point. Add the ease of installation and operation, energy efficiency, low maintenance and down time, the Voraxial becomes very compelling and attractive to operators," stated John A. DiBella, COO of EVTN.
For this purchase order, the Voraxial® Separators are assembled into a compact automated system consisting of a Voraxial 4000 and a Voraxial 2000 Separator, turbidity meters, flow meters and oil in water analyzers. The compactness of the Voraxial allows for complete turnkey systems to be supplied to reduce cost and increase separation efficiencies. The system is designed to remove both oil and sand from the Produced Water at rates of up to 15,000 barrels per day so that the customer can meet the required specifications to discharge the water.
About Enviro Voraxial® Technology: EVTN is the developer and manufacturer of the Voraxial® Separator, a unique, patented in-line turbo-separator that provides a cost effective method to efficiently separate large volumes of solids and liquids with different specific gravities and without the need of a pressure drop. The Voraxial® provides highly efficient bulk separation while requiring less space, energy and weight than conventional separators processing the same volume. The Voraxial® is capable of simultaneously separating up to three components, such as oil, water and sand. The Voraxial® can be used as a stand-alone separator or incorporated with other equipment to provide a complete turnkey solution that allows customers to treat a variety of fluid streams while reducing treatment cost and increasing separation efficiency.
The separation market encompasses a series of multibillion dollar segments, spread globally across many industries and applications. EVTN continues to pursue the oil & gas industry but is also processing proposals from other industries such as mining, food processing, manufacturing and oil spill industries. EVTN owns significant IP surrounding the Voraxial® and has new innovations under development. Please see www.evtn.com for additional information.
Safe Harbor Disclosure -- This Press Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial and its subsidiaries to differ materially from those indicated by such forward-looking statements.
SOURCE Enviro Voraxial Technology, Inc.