Business
Australian Oilseeds, Largest APAC Producer of Non-Chemical, Non-GMO “Cold-Processing” Vegetable Oil, Enters into Contract with Woolworths and Costco Australia.
~ Over the past 20 years, AOI has grown to be the largest cold pressing oil plant in the APAC region, pressing strictly GMO free conventional and organic
About this update from Australian Oilseeds Holdings Limited
[{"type":"text","content":"~ Over the past 20 years, AOI has grown to be the largest cold pressing oil plant in the APAC region, pressing strictly GMO free conventional and organic oilseeds ~ New York, NY and Sydney, Australia, April 25, 2024 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited (Nasdaq: COOT) (“Australian Oilseeds” or “AOI”), the largest cold pressing oil plant in Australia and the APAC region, pressing strictly GMO-free conventional and organic oilseeds, through its subsidiary Good Earth Oils, today announced a new contract to supply Australia’s largest supermarket chain, Woolworths, with a range of non-GMO cold pressed extra virgin canola oils in all 960 stores across Australia. The new the contract value is approximately USD 3.5 million over the next eight months. Good Earth Oils has also secured a contract with Costco Australia valued at approximately USD 3 million to supply its non-GMO cold pressed extra virgin canola oil to Costco stores throughout Australia. Australian oilseed investments is also in discussions with other retail chains in both Australia and the United States for supply of its unique range of non-GMO cold pressed extra virgin vegetable oils that are processed without the use of harmful chemicals. AOI processes oilseeds through a proprietary cold pressed process without the use of any chemicals, which results in the production of higher quality and healthier oils that retain natural vitamins, antioxidants and healthy omega fatty acids. AOI’s carbon footprint is 40-50% lower than conventional canola oil processors, as a result of its methods that are committed to environmentally friendly pressing and grinding processes. See more information at Australian Oilseeds website: www.australianoilseeds.au. AOI commenced trading on the Nasdaq on March 22 under the Ticker symbol: COOT. About Australian Oilseeds Holdings Limited Australian Oilseeds Holdings Limited (the “Company”) is a Nasdaq listed Cayman Islands exempted company that, through its subsidiaries, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, ...