Business
Fandango Collection & Recycling Places Second Major Order Following Growth in Expanded Customer Base in 2024
Container of Product Being Shipped as Distributor Continues to Expand Sales in the Israeli Market...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Fandango Collection & Recycling Places Second Major Order Following Growth in Expanded Customer Base in 2024Container of Product Being Shipped as Distributor Continues to Expand Sales in the Israeli Market VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / July 23, 2024 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) (\"Beyond Oil\" or the \"Company\"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, and Fandango Collection & Recycling Ltd. (\"Fandango\"), Beyond Oil's exclusive Israeli distributor, are pleased to provide the market with an update on their commercial expansion in the Israeli market.Since receiving its initial product order of 16 tons on May 31, 2023, Fandango has committed significant resources to staff training, product marketing, advertising, and developing a comprehensive sales system with restaurants across Israel. Many of these initial suites of pilot programs have successfully converted into loyal customers. With hundreds of customers and growing sales, Fandango is moving forward with its second substantial order.Shai Medioni, CEO of Fandango, comments: \"Our customers, including restaurants, regional chains, catering service, industrial and hospitality kitchens, hotel chains, and more are delighted with the outcomes that Beyond Oil's product is creating for their businesses and clients. They report an improvement in food quality, with no smell of carbonized oil in the kitchen, which improves the safety and health of workers and diners. Additionally, there is a huge contribution to the environment; as we sell and collect oil from our customers, we can track the shift in this field and see a significant reduction of 50% in frying oil consumption after using Beyond Oil, which dramatically reduces the carbon footprint in the industry. While it is often challenging to sell a new and disruptive product to businesses who are often resistant to change, the reputation of this product is spreading quickly, and we are seeing that the length of the sales cycle to close with new customers is shrinking. With this new order, our team is highly motivated and equipped to further scale the product's reach across Israel's food service industry.After a year of working with Beyond Oil, there is a gr...