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Overview of Beyond Oil Ltd.
Beyond Oil Ltd. (BEOLF) is a 15-year veteran in the food-tech innovation space, specializing in a patented filter powder technology that revolutionizes the way frying oil is used in commercial and industrial operations. By significantly extending the life of frying oil, the company's solution not only improves food quality and taste, but also enhances safety standards and reduces health risks associated with repeated oil reuse. Keywords such as "food tech innovation," "industrial frying," and "health safety" are embedded in its core value proposition.
Core Technology and Business Model
The company has developed a formula comprising a blend of food-grade additives that, when incorporated into existing filtration systems, actively absorbs degradation products present in repeatedly used frying oil. This process slows the deterioration reaction and maintains the quality of the oil over multiple frying cycles. The simplicity of this integration allows restaurants, hotels, and industrial fryers to upgrade their current systems without significant capital investment. By offering a disruptive solution that addresses both cost inefficiencies and public health concerns, Beyond Oil positions itself as an essential operational tool in the food processing and food service sectors.
Market Position and Industry Impact
Beyond Oil operates within a dynamic sector where safety, sustainability, and cost control are top priorities for businesses engaged in frying food. Its technology mitigates the carcinogenic risks and harmful by-products (such as trans fats and free radicals) that result from oil degradation. With successful pilot programs and supply agreements, particularly in major markets such as Israel and North America, the company has established credibility among both local and global industry players. The technology not only safeguards public health by reducing unhealthy compounds in food but also aids in environmental conservation by lowering waste and energy consumption in oil disposal and replenishment.
Sustainability and Economic Benefits
One of the most compelling aspects of Beyond Oil's innovation is its dual focus on economic and environmental sustainability. By dramatically extending the useful life of frying oil, the company helps food service operators lower overhead costs, reduce waste, and minimize the environmental footprint associated with frequent oil replacement. This sustainable approach aligns with the increasing industry emphasis on cost-effectiveness and ecological responsibility, positioning Beyond Oil as a forward-thinking solution provider in a competitive market.
Operational Integration and Regulatory Compliance
Designed to seamlessly integrate with existing filtration systems, the Beyond Oil product is incorporated directly into commercial and industrial fryers. The straightforward addition of the filter powder creates an extra microfiltration layer, ensuring that degradation products are efficiently removed. Beyond Oil has achieved significant regulatory milestones, having secured non-objection letters and certifications from agencies such as the US FDA, Health Canada, and the National Sanitation Foundation. This robust compliance profile not only reinforces the product's safety credentials but also builds trust among its diverse clientele.
Partnerships and Competitive Landscape
Beyond Oil has strategically collaborated with global fast-food chains and distribution partners, particularly noted in its successful pilot programs and supply agreements with major international franchise groups. Its ability to demonstrate tangible improvements in oil longevity, food quality, and operational efficiency distinguishes it from competitors. The company's continuous dialogue with industry stakeholders and its commitment to evidence-based innovation are central to its reputation for expertise and reliability.
Investor and Analyst Insights
The robust technological framework and proven operational benefits of Beyond Oil make it an intriguing subject for industry analysts. Investors have noted its potential to redefine standard practices in frying operations while addressing critical health and environmental challenges. Through its methodical approach—from laboratory R&D to real-world pilot implementations—the company has built a compelling business model that is both scalable and sustainable.
Conclusion
Beyond Oil Ltd. stands as a paragon of innovation in the food-tech industry with a clear focus on enhancing public health, customer safety, and operational efficiency. Its patented technology, proven through multiple successful pilot programs and strategic international agreements, addresses fundamental problems in the repeated use of frying oil. As a disruptor in an industry that demands both quality and sustainability, Beyond Oil continues to solidify its position as an essential partner for food service and industrial frying operations worldwide.
Beyond Oil (CSE:BOIL, OTCQB:BEOLF), a food-tech innovation company, announced a non-brokered private placement of up to 2,380,952 units at C$1.05 per unit, targeting gross proceeds of up to C$2.5 million. Each unit includes one common share and one-half of a share purchase warrant, exercisable at C$1.75 per share for one year. The proceeds will be used for general corporate purposes. The offering may include a 6% commission in cash and warrants for eligible persons. Securities will have a four-month hold period and insider participation is capped at 15%. The offering is subject to customary closing conditions and necessary approvals.
Beyond Oil announced a new supply agreement with the master franchisee of a major global fast-food chain in Israel, marking its second international fast-food customer. The agreement, effective June 4, 2024, signifies an initial rollout of Beyond Oil's product over the coming months, with full implementation expected thereafter. This move aims to enhance food quality, reduce operational costs, and minimize waste. The agreement lasts for 36 months with automatic extension provisions. This follows another recent deployment of Beyond Oil's product with another large fast-food chain, highlighting the company's global expansion strategy.
Beyond Oil has announced successful Proofs of Concept at major fried food manufacturers in the USA and Canada, marking key steps toward full-scale commercialization in the industrial frying market. Collaborating with leading filtration system companies, Beyond Oil aims to provide an efficient, integrated oil filtration solution. Recent tests showed Beyond Oil's product exceeded expectations, particularly in improving treated oil flow rates. The company targets the North American market, backed by strategic partnerships and a growing presence in the food service sector. CEO Jonathan Or highlighted the health and sustainability benefits, as well as the cost savings of their product. The industrial frying market is poised for growth, with the North American frozen French fries market expected to reach $8.1 billion by 2028. Beyond Oil's innovative filtration powder, protected by patents, extends oil life, reduces environmental impact, and promotes public health.
Beyond Oil announced collaboration with renowned Chef Israel Aharoni, who endorsed Beyond Oil's product after a successful six-month pilot program. Chef Aharoni, a prominent figure in Israel's culinary scene, highlighted the product's effectiveness in removing oil impurities, improving food quality, and extending oil life. Beyond Oil aims to address the health risks associated with reused frying oil, a widespread practice in the food industry linked to serious health issues like cancer and cardiovascular diseases. The company's innovative filtration powder, protected by patents, absorbs degradation compounds from fried oil, promoting sustainability and reducing environmental impact. Beyond Oil's solution offers significant cost savings for restaurants and has received regulatory approvals from the FDA and Health Canada.
Beyond Oil announces a successful product rollout in Israel with one of the world's largest fast-food chains. The company's innovative product is set for full-scale adoption following pilot programs, demonstrating substantial improvements in frying oil and food quality. Beyond Oil is strategically positioned for global expansion, with active discussions ongoing with multiple franchisees worldwide. The company's solution addresses health risks associated with reusing frying oil and contributes to environmental sustainability.
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