Business
Beyond Oil Launches Commercialization Stage in the Israeli Market With a 16 Ton Purchase Order From Fandango Collection & Recycling
VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / February 23, 2023 / Beyond Oil Ltd. ...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Beyond Oil Launches Commercialization Stage in the Israeli Market With a 16 Ton Purchase Order From Fandango Collection & RecyclingVANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / February 23, 2023 / Beyond Oil Ltd. (CSE:BOIL) (\"Beyond Oil\" or the \"Company\"), a food-tech innovation company extending the life of frying oil, reducing costs and waste, is pleased to announce that, subsequent to its news release dated February 15, 2023, Fandango Collection & Recycling Ltd. (\"Fandango\"), an exclusive distributor of Beyond Oil's product in Israel, has submitted an initial purchase order for 16 tons of Beyond Oil's product that will be integrated into a select number of their customer restaurants in Israel.\"The purchase order with Fandango is our largest sale to date, which demonstrates Fandango's ongoing commitment to distribute and market our product in Israel,\" said Jonathan Or, CEO and Co-founder of Beyond Oil. \"We believe this order will be the first of many orders as Fandango's customers begin realizing the benefits of our product. We are poised to enter our next stage of growth as we continue to commercialize our product in Israel and beyond.\"The Company expects to supply the product within 90 days. The total number of product units associated with this purchase order is expected to be approximately 64,000 daily filtration doses, which is equal to 16 tons.Fandango is a leading company in the Israeli hospitality industry, supplying over 8,000 commercial kitchens with a comprehensive range of products, including frying oil and specialized equipment for maintaining the optimal condition of frying oil. Fandango also collects used cooking oil from commercial kitchens and provides a wide range of other essential products and supplies to the industry, including paper products, detergents, and fast-food containers.Product HighlightsFrying Oils Recovery: Extensive testing indicates that Beyond Oil's product extends the usable life of frying oil, improves product quality, and reduces frying oil costs. As a preferential adsorbent, the product reduces soluble impurities formed during the frying process that cause damaging free fatty acids (\"FFA\") and total polar materials (\"TPM\"), undesirable odors, off-flavors, and off-colors. The product is simple to integrate into existing daily filtration processes.One-of-a-Kind: ...