As the global demand for new energy sources continues to grow, and fresh water sources become scarcer, the use of water in the fracking industry has become a critical issue. With up to 90% of fracking fluid consisting of water, the amount of water consumed by frac sand facilities is significant, with estimates ranging from 600,000 to 2,500,000 gallons of water per operation in the
As a result, it is essential to develop alternative strategies for the management of produced water that reduce the overall cost, allow recovery of valuable resources, and reduce the environmental footprint of this industry. That is why CTi, a leading technology company, is at the forefront of creating innovative solutions for the reuse of cleaned wastewater in frac sand operations.
CTi’s cutting-edge technology can help frac sand facilities become more efficient and sustainable by recycling more and using less water.
According to industry experts, the global frac sand market is expected to reach
About
Founded in 2007, the company designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. https://www.cvatinfo.com/
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Forward-Looking Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as ''may,'' ''should,'' ''potential,'' ''continue,'' ''expects,'' ''anticipates,'' ''intends,'' ''plans,'' ''believes,'' ''estimates,'' and similar expressions, and include statements such as, CTi’s technology adds an additional advantage to remediate produced water in our process, while we are expecting to increase the volumes of up to 5,000 gallons per minute. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, our ability to perform the installation as anticipated, the state of the economy, the competitive environment and other factors described in our most recent Form 10-K and our other filings with the
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