Cyber Enviro-Tech Inc Stock Price, News & Analysis

Cyber Enviro-Tech (OTCQB-CETI) has successfully registered with Kuwait Oil Company (KOC), the world's 10th largest oil producer, following a rigorous two-year process. This achievement has led to an invitation to bid on a produced water remediation project valued at over $100 million annually.

The company will demonstrate its Hybrid TDS SWD water remediation system, capable of removing contaminants at levels up to 400 times greater than EPA standards. The registration also provides access to Kuwait Petroleum 's network of refineries across multiple countries.

CETI's proprietary technology features Zero Liquid Discharge (ZLD) capability, potentially eliminating 90 million gallons of fluid daily from disposal and storage. The system can detoxify contaminated water in under 30 minutes for safe secondary use. This milestone was achieved through collaboration with their Middle East partner, Delta World Environmental Solutions of Istanbul.

Cyber Enviro-Tech (OTCQB-CETI) has announced that its subsidiary, Cyber International of Turkey, has secured a GBP $50 million Green Bond (ISIN: CH1213603934) for environmental remediation projects. The bond, issued by Sustainable Capital PLC, trades on the Dorso Deutsche Exchange with plans for London Stock Exchange listing.

The funds will support large-scale environmental initiatives across Turkey, the Middle East, and Africa, focusing on:

• Sludge pond remediation
• Oil refinery slop
• Contaminated soil reclamation
• Industrial wastewater treatment

The company aims to address environmental damage from oil production while generating revenue through the recovery and sale of valuable byproducts. The Green Bond adheres to core principles including transparency, project evaluation, fund management, and annual reporting.

Cyber Enviro-Tech (CETI) has announced the establishment of a Turkish subsidiary, Cyber International (C-INT), located in Istanbul. The company has formed a strategic alliance with Delta World Environmental Solutions (DELTA) of Turkey to support its international operations.

The expansion aims to address demands for CETI's sludge pond and soil remediation services. DELTA's CEO, Serdar Gurel, brings valuable connections across Turkey, Africa, and the Middle East. The partnership has already facilitated discussions with multiple overseas companies and government representatives.

Under the agreement, DELTA will manage various aspects of operations including project execution, manufacturing, quality control, regulatory compliance, customer communications, and public relations once contracts are secured.

Cyber Enviro-Tech Inc. (CETI) has announced a partnership with its shareholder-based subsidiary, CETI Axenic (CAX), to pursue opportunities in the commercial laundry business. The industry consumes over 1.7 trillion gallons of water annually at a cost exceeding $3.5 billion, with only 32% of water currently being recycled. CETI's innovative water remediation systems can increase recycling rates to over 90%, potentially saving more than $1 billion annually.

CETI's technology offers several advantages, including up to 48 hours of residual disinfectant, eco-friendliness, and removal of PFAS by over 85%. The bio-mechanical process eliminates effluent and the need for sewage treatment. Recycling water creates a 50% energy savings and could yield over 20% in cost savings while enhancing cleaning and disinfection efficiency.

Cyber Enviro-Tech Inc. (CETI) has announced a significant milestone in its operations. The company has acquired a Salt Water Disposal (SWD) facility in southern Oklahoma and has begun deploying its advanced oil reclamation technologies. CETI's innovative process can eliminate Sulphur, Iron Sulfite, and demulsifying agents from contaminated crude oil at any concentration levels, in an environmentally safe manner.

Initial tests have shown promising results, with the technology reducing sulfur to less than 0.2% and iron sulfite to nearly undetectable levels. CETI is preparing to ship its first loads of remediated oil and has secured arrangements to process thousands of barrels of contaminated oil monthly. The company's technology also helps operators meet stringent EPA regulations, including the 2025 NPDES compliance standards.

Cyber Enviro-Tech (CETI) has announced a collaboration with RIVAMED, a Turkish engineering firm, to create advanced hybrid water treatment systems aimed at addressing Turkey's severe water pollution and drought issues. RIVAMED, with its extensive experience in water treatment systems, will manufacture these innovative solutions. The project targets over 1,100 wastewater plants and industries in Turkey, deploying CETI's proprietary bio-remediation materials and technologies. Turkey faces high contamination levels in its water supply, exacerbated by unregulated industrial activities and drought. CETI's advanced system promises significant reduction in contaminants, employing electrochemical, cavitation, and hyper clarification methods, with catalysts more effective than chlorine. This partnership aims to improve drinking water quality and offers potential expansion into Europe and the Middle East.

Cyber Enviro-Tech (CETI) has signed a Memorandum of Understanding to acquire a Salt Water Disposal (SWD) facility in the Permian Basin, West Texas. CETI will work with an established SWD and oil field operating company to restore the facility. The aim is to develop a Pilot SWD facility utilizing advanced technologies for desalinization, water remediation, and converting waste into saleable oil. CETI plans to repurpose wastewater for agricultural use or potable drinking water. The definitive agreement is expected by Q3 2024, with production and revenue generation to follow. Texas disposed of 4.4 billion barrels of contaminated oil production wastewater in 2020, highlighting the need for CETI's water remediation solutions.

Cyber Enviro-Tech (OTCQB: CETI) has announced a significant technological advancement in water treatment, targeting the removal of insecticides, nitrates, phosphates, and cyanides from highly contaminated agricultural, industrial, and mining wastewater. This breakthrough addresses the critical issue of potable water contamination, especially since agriculture accounts for 70% of global water consumption. CETI's proprietary systems use environmentally friendly biologics, eliminating the need for chemical inputs and reducing operational costs. Their approach boasts a 100% removal efficiency, far surpassing traditional methods which achieve only up to 66% removal. Discussions and tests are currently underway with clients in mining, oil and gas, agriculture, and meat processing. The advancement aligns with increasing government regulations on water quality standards, promising a higher standard of safe drinking water.

Cyber Enviro-Tech (CETI) has signed an agreement with Warrior Operating Group (WOG) to clean contaminated oil production wastewater in Texas. The companies aim to repurpose the wastewater into decontaminated drilling fluid brine, generating 45,000 barrels per month. This effort addresses Texas' urgent need to manage water resources amid ongoing drought conditions. The targeted market price for the brine is $9 to $12 per barrel. CETI's biotechnology offers potential applications beyond the oil industry, including agriculture and drinking water. The partnership marks a significant milestone for CETI's bioremediation efforts, combining innovative and environmentally sound practices.