Vancouver, BC and Kibbutz, Israel YIFAT / Accesswire / 23 November 2022 / Beyond Oil Co., Ltd. (CSE: Boyle) (“beyond oil” or “Company“) TEJA Food Group (“Teja), a distributor of Beyond Oil products in Canada and the United States, which has successfully completed product testing for Beyond Oil. I signed the purchase order for the product.
“Over the past few weeks, our team has conducted extensive in-house testing of Beyond Oil formulations,” said TEJA President Tom Grande. “Using feedback from previous restaurant trials, Beyond Oil products have been refined and improved, and based on our test results, could be a real game changer for frying oil users. The results encouraged us to start immediately.Commercial distribution”.
Beyond Oil CEO Dr. Tamir Gedo said: “Working with TEJA has enabled our team to make changes that increase product density, improve efficacy, and enable faster and easier dosing methods. Commercial distribution in North America through TEJA I am delighted to be able to start
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 sorbent, this product reduces soluble impurities formed during the frying process that cause the formation of harmful free fatty acids (“FFAs”) and polar compounds, undesirable odors, off-flavours, and off-colors. increase. This product can be easily integrated into your existing daily filtration process.
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 received a letter of no objection from the U.S. Food and Drug Administration (“FDA”) in March 2022 on the basis that all ingredients in Beyond Oil products meet FDA food grade specifications. I was. In May 2022, Beyond Oil received a letter of no objection from Health Canada and accreditation from the National Sanitation Foundation. In September 2022, Beyond Oil received a letter of no objection from the Israeli Ministry of Health regarding the use of its products in Israel.
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.
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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.
About TEJA Food Group
Based in Calgary, Alberta, Canada, TEJA Food Group has evolved to become a boutique food company trading in both Canada and the United States. Their motto is Global Source: Local Values and they continue to add new items to their lineup every month. While its focus has been on foodservice, it is expanding rapidly into retail in both the traditional and online worlds.With the recent acquisition of Canadian Tradehouse, TEJA expanded into his C-store and hotel divisions. , now able to cover all customer segments. TEJA also continues to expand its product offerings, putting customer needs at the forefront of development. Through customer distribution channels, TEJA ultimately reaches her over 20,000 restaurant, foodservice and retail companies in Canada and the United States. TEJA continues to expand its product offerings from traditional seafood to value-added seafood, appetizers, premium protein and breakfast offerings, and a variety of specialty retail products. For more information, please visit https://tejafoods.com.
Dr. Tamir Ged
Representative Director and President
PR for investors
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 our products will not be made available for distribution or under distribution agreements. 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
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