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Beyond Oil Receives Clearance From Health Canada for the Canadian Market and Product Certification From the National Sanitation Foundation in the United States
VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / May 30, 2022 / Beyond Oil Ltd. (CS...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Beyond Oil Receives Clearance From Health Canada for the Canadian Market and Product Certification From the National Sanitation Foundation in the United StatesVANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / May 30, 2022 / 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 the Company has received a non-objection letter from Health Canada, in respect of the proposed use of its product as a filter aid for the filtration of frying oils in Canada (the \"Product\"). The Company previously announced on March 23, 2022 that it received a non-objection letter from the U.S. Food and Drug Administration (the \"FDA\") for the use of the Product in the United States. The Company is also pleased to announce that that Product has been certified by the National Sanitation Foundation (\"NSF\"), for frying oil filtration and its label will include the NSF mark.\"The Health Canada non-objection letter and the National Sanitation Foundation certification, together with our FDA non-objection letter, pave the way for our North American go-to-market strategy to over 250,000 fast-food and quick-service restaurants1,\" said Dr. Tamir Gedo, CEO of Beyond Oil. \"We are looking forward to rolling out Beyond Oil's transformational product into the Canadian and American markets. Our product's ability to extend frying oil use up to 14 days is an exciting new opportunity for restaurants to significantly reduce oil costs and waste. We plan on disrupting the food service industry with a unique solution that reduces harmful levels of Free Fatty Acids (FFA) to less than 0.1%, while preserving the quality and nutritional values of the oil.\"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 causes damaging FFA and polar compound formation, undesirable odors, off-flavors, and off-colors. The Product is simple to integrate into existing daily filtration processes.One-of-a-Kind: To the Company's knowledge, Beyond Oil has developed a unique solution that can eliminate FFA almost completely wit...