on Beyond Oil Ltd. (isin : CA0886691066)
Fandango Collection & Recycling Places Second Major Order Following Growth in Expanded Customer Base in 2024
VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / July 23, 2024 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF), a food-tech company focused on reducing health risks from fried food, and Fandango Collection & Recycling Ltd., their exclusive Israeli distributor, announced a major order marking continued commercial expansion in Israel.
Fandango initially received 16 tons of product on May 31, 2023. The distributor invested in staff training, marketing, and sales systems, transforming pilot programs into loyal customers. With hundreds of customers, Fandango moves forward with a significant second order.
The product's impact includes improved food quality and reduced frying oil consumption by 50%, contributing to environmental sustainability. Fandango's CEO highlighted the product's quick acceptance in the market, reducing the sales cycle time with new customers.
Beyond Oil's CEO welcomed the second order as a sign of robust demand and growing market presence. He emphasized the goal to sustain momentum and achieve long-term growth through collaborations with Fandango.
This growth is further supported by Fandango's recent C$2.5 million investment in Beyond Oil, reflecting confidence in the product's potential. The ongoing partnership aims to enhance customer satisfaction and market expansion in Israel.
R. E.
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