Beyond Oil's Eastern European Breakthrough: A 16-Ton Rollout and Recurring Revenue Opportunities
Thursday, Jan 16, 2025 4:26 pm ET
3min read Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9), a pioneering food-tech company, has secured a significant milestone in its global expansion strategy. The company announced on January 16, 2025, that it has received vendor approval and successfully delivered a 16-ton order to a prominent Eastern European restaurant group, marking the commencement of a phased commercial rollout. This achievement not only validates Beyond Oil's unique value proposition but also unlocks recurring revenue opportunities, positioning the company for accelerated growth.
The Eastern European restaurant group, operating one of the largest fast-food chains in the region with over 1,000 locations, conducted an extensive pilot program throughout 2024. The exceptional results of this pilot led to vendor approval, enabling Beyond Oil to begin supplying selected franchisees within the network. The product is now available for direct purchase by all franchisees, representing a significant step in what the Company anticipates will be a lasting partnership with recurring revenue potential.
Beyond Oil's innovative powdered filtration solution actively absorbs free fatty acids (FFAs), trans fats, and acrylamide, extending oil life by up to 30 days. This deep filtration restores oil to a near-new state, reducing operational costs and minimizing waste. The company's proprietary technology provides food service operators with a cost-effective solution to deliver healthier, higher-quality fried and processed foods while enhancing sustainability.
The vendor approval from a major Eastern European food chain is another important milestone for Beyond Oil, demonstrating the success of its global expansion strategy. With over 1,000 locations in this network alone, the order provides Beyond Oil with strategic opportunities across new markets. The company remains focused on accelerating its global growth by offering healthier, more sustainable frying solutions to food-service providers worldwide.
Beyond Oil's recent announcement follows a series of strategic achievements, including a collaboration with West Coast Reduction Ltd., a major used cooking oil collector in North America. This partnership sets the stage for expansion across the U.S. and Canada, further enhancing the company's global reach. Additionally, Beyond Oil's letter of intent (LOI) with a global food equipment manufacturer to develop an integrated industrial frying solution signals its strategic intent to capture high-margin industrial clients.
In conclusion, Beyond Oil's vendor approval and 16-ton rollout in Eastern Europe represent a significant breakthrough for the company. This achievement not only validates the company's unique value proposition but also unlocks recurring revenue opportunities, positioning Beyond Oil for accelerated growth in the global food-tech market. With a commitment to healthier, more sustainable frying solutions, Beyond Oil is well-positioned to disrupt the traditional frying industry and capture a significant share of the market.
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