Beyond Oil Announces First Distribution Agreement in Vietnam

Core Insights - Beyond Oil Ltd. has entered the Vietnamese market through a distribution agreement with Trang Anh Manufacturing and Trading Co., Ltd., marking its first commercial presence in Vietnam [2][3] - The agreement includes an initial order of 10,800 kg of product, with a five-year term, aimed at introducing Beyond Oil's filtration solutions to Vietnam's food service sector [2][3] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, improving sustainability, and lowering operational costs [5] - The company's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused oil in various food service environments [5] Market Opportunity - Vietnam is identified as a significant opportunity for Beyond Oil, particularly within its thriving restaurant industry [3] - The partnership with Trang Anh aims to leverage their extensive distribution network to integrate Beyond Oil's solutions into high-demand environments, such as industrial kitchens and large-scale food manufacturers [3][4]