Cemtrex signed a distribution agreement for process oil and gas analyzer systems, in the U.S. market, with SensEvolution® a division of BAGGI®. This signing comes at a favorable time as the U.S. continues to expand its domestic oil production.

Increasing production of crude oil from shale deposits in the U.S. and oil sands in Canada offers North American petroleum refiners opportunities to access cost-advantaged feedstock. However, shifting product demand and hurdles in transportation logistics, along with technical issues associated with the properties of the crude from those areas, present challenges as refiners optimize their product mix.

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