Despite the war in Gaza, the Israeli Beyond Oil stock has risen by 128% since the beginning of the year.
“Beyond Oil’s innovative solution makes a huge contribution to humanity in the medical field, in reducing morbidity and mortality from the types of cancer caused by exposure to frying fumes, thus making a great contribution to improving the general health of the population.”This is what Professor Fruchter, director of the pulmonary and intensive care department at Wolfson Hospital in Israel, claims, who did extensive research on the benefits of Beyond Oil’s filter powder.
Beyond Oil is an Israeli food-tech company located in Kibbutz Yifat in the north and traded on the Canadian Stock Exchange under the symbol BOIL.CN. Beyond Oil’s formula treats a global problem – morbidity and mortality from various types of cancer, cardiovascular diseases and other diseases as a result of eating fried food “from the repeated use of fried oil a large number of times over a number of days as happens all over the world in restaurants, hall kitchens, hotels, catering and factories frying”.
Beyond Oil’s Contribution to Public Health
The Problem: Reusing frying oil hundreds of times over several days with the same oil is a common practice worldwide, occurring in restaurant kitchens, hotels, catering services, and fried food factories. There was no such solution to this problem until now, because if the restaurant changed its oil every day, the price of food would rise unreasonably.
Who is affected by the problem? This issue impacts individuals worldwide, regardless of location or background. When consuming fried food, we ingest approximately 20% of the absorbed oil.
Statistical Insight: In the Western world, approximately one in five individuals is affected by cancer, with reused frying oil posing a significant risk factor. Reusing frying oil over multiple days leads to harmful health outcomes, including an increased prevalence of certain types of cancer. Recent academic literature, along with studies by regulatory agencies like the U.S. and European health agencies, confirms a direct link between consuming oil absorbed in fried foods and elevated cancer rates. (Source 1: Impact of Repeatedly Heated Cooking Oils on Cancer Incidence – Critical Review; Source 2: Professor Oren Fruchte | Professor Nissim Garti Research Reports).
During frying, oil degradation is accelerated and harmful compounds such as Acrylamide, PAH, free radicals, Free Fatty Acids (“FFA”), Total Polar Materials (“TPM”), Metals, formation of trans fats diverging from safety standards. These compounds affect the oil’s quality, leading to foaming, smoking, and a change in color, smell, and taste. The frying oil fumes contains aromatic carcinogenic components causing contributing to mortality and morbidity of customers and kitchen personnel.
Beyond Oil’s Innovative Solution
Beyond Oil is a health food-tech company specializing in the health sector. Over the course of 15 years, it has developed a formula comprised of food additives that create an innovative filter powder, protected by a patent. This formula effectively absorbs degradation components from fried oil, slows down the rate of deterioration reactions, and, through a straightforward filtration process, enables the oil to be reused while preserving its quality. Beyond Oil’s solution represents a significant global advancement in safeguarding the health of diners and kitchen workers in factories or restaurants that reuse the same oil over an extended period.
Beyond Oil for Enhancing Sustainability
Sustainable practices are becoming increasingly crucial in this inflationary global economy. Beyond Oil’s filtration powder that extends the lifespan of fried oil, thereby contributes to environmental impacts:
- Minimizes the environmental footprint associated with oil disposal.
- Reduces emissions of hazardous volatile substances and decreases energy consumption in refinery plants.
- Alleviates the burden on sewage systems and groundwater by reducing the volume of oil intended for treatment.
- Mitigates carbon dioxide emissions to bolster the earth’s natural greenhouse effect.
- Reduces overland or maritime transportation of oils helps prevent soil contamination, air pollution from gas emissions, and ecological seas contamination.
Patent Protected: The Company also has a portfolio of registered and patent-pending solutions that extend the shelf-life of produced and used vegetable oils.
Potential Cost-Savings: One of Beyond Oil’s unique value propositions is that it can dramatically lower costs for quick-service restaurants by significantly extending the useful life of the oil while meeting food quality and safety requirements.
Beyond Oil Permits and Accreditations: The Company received a non-objection letter from the US Food & Drug Administration (“FDA“) in March 2022, on the basis that all the Beyond Oil Product ingredients meet food-grade specifications of the FDA.
How the Beyond Oil Product Works- Simple and effective Protocols
The Beyond Oil Product integrates into the existing filtration systems of both commercial and industrial fryers. The combination of active filtration by the powder and passive filtration by the filter and filtration machine ensures the best results by removing other degradation particles. The powder remains on the filter and creates an additional layer which provides the microfiltration benefit.
About Beyond Oil Ltd.
The integration of Beyond Oil technology in restaurant, hotels, caterers, and factories operations not only enhances public health, social responsibility, efficiency and cost-effectiveness but also represents a significant step towards a more sustainable future for the food industry. By mitigating pollution, conserving resources, and promoting responsible practices, Beyond Oil emerges as a game-changer in the pursuit of environmental stewardship within the culinary landscape.
