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Hap Chan, a Leading Chinese Restaurant Chain in the Philippines, Makes Repeat Order and Adopts Beyond Oil as the Standard in Their Frying Operation
Globenewswire· 2025-11-20 21:05
Core Insights - Beyond Oil Ltd. has achieved a significant commercial milestone with Hap Chan, a leading Chinese restaurant chain in the Philippines, placing a repeat order for its frying solution, indicating strong market acceptance and potential for further expansion [1][2][3] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability [1][4] - The company has over 15 years of experience and offers patented technology that significantly reduces harmful compounds in frying oil, addressing critical health concerns linked to reused frying oil [4] Partnership with Hap Chan - Hap Chan has adopted Beyond Oil's solution as the standard for its frying operations, leading to measurable improvements in food quality, oil lifespan, operational efficiency, and sustainability [2][3] - Since the initial adoption, Hap Chan has expanded from 80 locations to over 100 nationwide, showcasing the scalability and effectiveness of Beyond Oil's product [3] Market Impact - The partnership reflects a growing trend in the food service industry towards healthier and more sustainable frying practices, with Beyond Oil's technology providing a solution to mitigate health risks associated with reused frying oil [4] - Beyond Oil's product is positioned to address a global issue in the food industry, particularly in environments where frying oil is reused multiple times, such as restaurants and catering services [4]
Beyond Oil Announces Exclusive Distribution Agreements in Four European Countries with Pilpel Hungary Kft.
Globenewswire· 2025-09-04 12:00
Core Insights - Pilpel Hungary Kft. has become the exclusive distributor of Beyond Oil's products in Hungary, Austria, the Czech Republic, and Slovakia, with an initial order of 10,800 kg [1][3]. Distribution Agreements - The exclusive distribution rights are effective from September 4, 2025, for an initial term of five years, with automatic renewal options based on minimum purchase requirements [2]. - Pilpel is required to purchase a minimum of 75,600 kg in 2026, with increasing volume commitments throughout the agreement to maintain exclusivity [3]. - An annual royalty of 5% on total sales of Beyond Oil products to end users in the Territories will be paid by Pilpel to Beyond Oil [3]. Leadership and Operations - Pilpel has appointed a dedicated leadership team to manage the partnership, leveraging its established sales organization and logistics network to introduce Beyond Oil products [4]. - Pilpel currently supplies over 1,000 foodservice accounts in Hungary and is expanding operations across Central Europe [4]. Strategic Alignment - The partnership reflects Beyond Oil's strategy to align with exclusive partners capable of delivering sustainable long-term growth in Europe [5]. - Beyond Oil's CEO emphasized the validation of their technology and value proposition through this partnership with a leading European culinary company [6]. Company Background - Pilpel Hungary Kft. is a prominent culinary and food distribution company in Europe, offering a wide range of high-quality products [9]. - Beyond Oil Ltd. focuses on food-tech innovations aimed at reducing health risks associated with frying oil, with regulatory clearances from the FDA and Health Canada [10].
Beyond Oil Announces Publication of Expert Medical Opinion by Prof. Ilan Ron, Specialist in Clinical and Radiation Oncology, Regarding the Risks Associated with Exposure to Frying Oils as Contributors to Neoplastic Mutations in Body Tissue
Globenewswire· 2025-06-18 12:30
Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried foods while enhancing sustainability and lowering operational costs [6][7] - The company has developed patented technology that significantly reduces harmful compounds in frying oil, addressing critical health concerns related to reused frying oil [7] Health Risks and Findings - A Medical Opinion by Professor Dr. Ilan Ron highlights the health risks associated with repeated use of frying oil, including the formation of hazardous chemical byproducts that can lead to various cancers, particularly gastrointestinal cancers [2][4] - The Medical Opinion specifically identifies acrylamide as a hazardous compound formed during frying, which has the potential to cause gastrointestinal inflammation and carcinogenesis [3][4] - Controlled experiments demonstrated that Beyond Oil's product effectively preserves critical parameters in frying oil, such as total polar materials (TPM), free fatty acids (FFA), acrylamide (AA), polycyclic aromatic hydrocarbons (PAHs), and oxidation levels, even after multiple frying cycles [5][6] Recommendations and Implications - The findings suggest a strong rationale for integrating Beyond Oil's technology in high-risk settings, such as schools, hospitals, and industrial kitchens, to mitigate exposure to carcinogens [5] - The company aims to improve global food safety and enhance the well-being of consumers and kitchen workers by addressing the health hazards associated with reused frying oils [5][6]