Business
Bemax Inc. Announces Commencement of Production of Private-Label Brand of Refined Palm Oil.
Bemax Inc. Announces Commencement of Production of Private-Label Brand of Refined Palm Oil..
About this update from Bemax Inc.
[{"type":"text","content":"DALLAS, GA/April 23, 2026/Bemax Inc. (OTCID:\r\n BMXC), a private label development company, is pleased to announce the\r\n commencement of production of its private label brands of Optimum refined\r\n cooking oil. Upon completion of production, the new private label brand will be\r\n available for sale across major retail stores, including Walmart and Kroger.\r\n\r\nBemax announced in December of 2025 its entry into the crude and refined\r\n palm oil markets, a move designed to meet increasing consumer demand for\r\n healthier, plant-based oils and expand Bemax’s bottom line in both the short\r\n and long term.\r\n\r\nThe new Bemax private label brand of Optimum cooking oil (refined, bleached,\r\n and deodorized) will also be available across all Bemax's existing global\r\n distribution networks. The official launch of the new brand of Optimum cooking\r\n refined oil will be announced at a later date.\r\n\r\n“The introduction of a private label brand of refined cooking oil is a major\r\n part of our long-term growth strategy that will further enhance Bemax’s revenue\r\n base through increasing output and incremental sales,\" commented Taiwo\r\n Aimasiko, CEO of Bemax Inc.\r\n\r\nAbout Bemax Inc.\r\n\r\nBemax Inc. exports and distributes private label household products to the\r\n global emerging markets. We also export our private label brands from\r\n ISO-certified manufacturers globally and distribute to other growing markets.\r\n Bemax focuses on an extensive and far-reaching global network among wholesalers\r\n and large discounting retailers as well as online sales and marketing to reach\r\n households directly through direct and subscription orders. \r\n\r\nSafe Harbor Statement\r\n\r\nThis press release contains forward-looking statements that can be\r\n identified by terminology such as \"believes,\" \"expects,\"\r\n \"potential,\" \"plans,\" \"suggests,\"\r\n \"may,\" \"should,\" \"could,\" \"intends,\" or\r\n similar expressions. Many forward-looking statements involve known and unknown\r\n risks, uncertainties and other factors that may cause actual results to be\r\n materially different from any future results or implied by such statements.\r\n These factors include, but are not limited to, our ability to continue to\r\n enhance our products and systems to address industry changes, our ability to\r\n expand our...