Mentioned:
There’s a publicly traded company in Canada that is on the verge of transforming the future of frying oil.
What’s happening:
- Beyond Oil (CSE: BOIL) has received global supplier approval from Restaurant Brands International to begin selling their filtration powder to restaurants within their distribution network in North America
Why it matters:
- The new approval from Restaurant Brands International will enable Beyond Oil to begin distributing their patented filtration powder to some of the world’s largest fast food brands, including Burger King, Tim Hortons and Popeyes
Going deeper:
- Beyond Oil has developed an innovative filtration powder that can be used in commercial scale kitchens to remove harmful components from frying oil, such as trans fats and other unhealthy impurities
- Both the United States Food and Drug Administration and Health Canada have previously cleared Beyond Oil’s product for sale to restaurants within North America