Vancouver, BC and Kibbutz, Israel YIFAT / Accesswire / 5 December 2022 / Beyond Oil Co., Ltd. (CSE: Boyle) (“beyond oil” or “Company“) The food tech innovation company that extends the life of frying oil and reduces costs and waste is pleased to announce the following strategies: (“stretch), a globally-influenced street food restaurant chain, will begin introducing Beyond Oil products in 22 restaurants across Canada starting in December 2022.
“We are excited to expand Beyond Oil products across the strEATS restaurant chain across Canada,” said Michael Llewellyn, director of operations for strEATS. “Finding a product that can extend the life of frying oil without compromising food quality is an important part of cost control across the chain. It’s our customer base.”
Beyond Oil CEO Dr. Tamir Gedo said: “As acceptance of our products continues to grow, we recognize the potential to be a game changer for frying oil users.”
StrEATS is globally inspired street food with 22 locations in Canada. The cuisine is street-inspired, blending flavors and served in a surprisingly delicious way. Restaurant he never sticks to one food category. The strEATS menu rotates based on current street food trends, ensuring the strEATS brand is always relevant to the market.
product highlights
Recovery of frying oil: Extensive testing shows Beyond Oil’s products extend frying oil service life, improve product quality and reduce frying oil costs. As a selective adsorbent, this product reduces soluble impurities formed during the frying process that cause free fatty acid damage (“FFAs“) and the formation of polar compounds, undesirable odors, off-flavours, and off-colors. This product can be easily integrated into existing daily filtration processes.
One and only: To our knowledge, Beyond Oil has developed a unique solution that can remove FFAs almost completely without compromising oil quality. This solution is comparable to other filter powders that have existed for many years that can only slightly reduce FFA levels.
patent protection: We have a portfolio of registered and patent pending solutions that extend the shelf life of produced and used vegetable oils.
final savings: Beyond Oil’s unique value proposition is the ability to significantly reduce costs for quick service restaurants by significantly extending the useful life of the oil while maintaining its original taste profile.
ready for distribution: We have received a letter of no objection from the U.S. Food and Drug Administration (“FDA“) In March 2022, based on the fact that all ingredients in Beyond Oil products meet the FDA’s food-grade specifications. I have received your letter.
How the product works
Beyond Oil solutions integrate with existing processes as process or filter aids. The process involves passive microfiltration designed to remove all components through a combination of active filtration with powder and passive filtration with microfiltration paper. This process ensures that the oil is residue-free while maximizing the efficiency of removing other breakdown particles.
connect with us
To receive Beyond Oil news and updates, visit www.beyondoil.co.
About Beyond Oil
Beyond Oil is the developer and manufacturer of innovative proprietary patented formulations that reduce free fatty acids in edible oils down to 0.1% while preserving oil quality and nutritional value. Beyond Oil’s proprietary technology and methodologies integrate into customers’ existing oil filtration systems by extending frying oil life and reducing costs and waste. For more information, please visit www.beyondoil.co.
contact address
Dr. Tamir Ged
Representative Director and President
1-647-691-9801
info@beyondoil.co
Sawamoto Caroline
PR for investors
1-647-691-9801
ir@beyondoil.co
Forward-Looking Statements and Information
This press release contains forward-looking statements and information that are based on management’s beliefs and reflect Beyond Oil’s expectations and views regarding future events. As used in this press release, “estimate”, “predict”, “believe”, “expect”, “intend”, “expect”, “plan”, “predict”, “possible” The words “may” or “should” and negative forms of these words or variations thereof or equivalent terms are intended to identify forward-looking statements and information. . Forward-looking statements and information in this press release include information regarding the use of products in the food service industry, the impact of such products on the industry as a whole, and the anticipated benefits of using Beyond Oil products. I’m here. All statements regarding potential markets for our products and expected test results are also forward-looking statements.
Such statements and information are based on a number of assumptions regarding current and future business strategies and the environment in which Beyond Oil will operate in the future. Demand for our products. Consumer preference, test results are reliable and reproducible in a commercial environment, products are purchased in commercial quality, and financing is available on reasonable terms if necessary. Our ability to attract and retain skilled staff. Absence of regulations or laws that would impede our business operations, and that we would be able to supply products of adequate quantity and quality in accordance with the terms of the final sales or distribution agreement. Beyond Oil believes the assumptions underlying these statements are reasonable, but could be wrong.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or other Future events may differ materially from any future results, performance or achievements expressed or implied by us. such forward-looking statements. Such factors include, among others, the risks of: Business, economic and capital market conditions. our ability to raise additional financing as needed on terms acceptable to us; Our ability to remain competitive as other, more well-funded competitors develop and release competitive products. legal and regulatory uncertainties, including new laws or regulations that may adversely affect our business and results of operations; market conditions and the demand and prices of our products; relationships with customers, distributors, suppliers and business partners; Our ability to define, design and release new products in a timely manner that meet our customers’ needs. Our ability to attract, retain and motivate talented people. Our ability to maintain technical leadership. the impact of technological changes on our products and industry; Failure to develop new and innovative products. our ability to successfully maintain and enforce our intellectual property rights and defend third party claims of intellectual property infringement; our ability to manage working capital; Dependence on key personnel. The risk that consumer interest and sentiment toward Beyond Oil’s products will change in the opposite direction. the impact of COVID-19 or other viruses or diseases on Beyond Oil’s ability to operate; equipment failure; unexpected increases in operating costs and fluctuations in commodity prices; security threats; non-fulfillment of contractual obligations by counterparties; risks associated with Beyond Oil’s corporate strategy, including the failure of past and future acquisitions to meet expectations; The anticipated commercialization of our products may not materialize as contemplated in this news release, or may not materialize at all, and there is a risk that sufficient quantities of the product will not be made available for distribution or distribution. I have. Additionally, Beyond Oil’s products are not yet in mass production.
Forward-looking statements and information are prepared by management to provide information regarding management’s current expectations and plans regarding the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as investment decisions. While our management believes the forward-looking statements have been made on a reasonable basis, reflecting management’s best estimates and judgments, Beyond Oil has a short history of operations and is in its early stages. company and may not actually achieve its plans, forecasts or targets. expectations. Readers should read this document with the understanding that future results may differ materially from expectations. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.
Any forward-looking information contained in this new release is qualified in its entirety by this cautionary statement. We caution that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking information contained in this news release is made as of the date hereof and the company does not make any forward-looking statements as a result of new information, future events or otherwise. We undertake no obligation to publicly update or revise the information. Applicable Securities Laws.
sauce: Beyond Oil Limited
View source version on accesswire.com:
https://www.accesswire.com/729901/Beyond-Oil-Launches-in-strEATS-Restaurant-Across-Canada
