In a major development for Beyond Oil (CSE: BOIL, OTCQB: BEOLF, Frankfurt: UH9)*, the food-tech company has announced a landmark distribution agreement with Perth-based T&J Oil Pty Ltd. This partnership, valued at approximately ~$4.9 million over five years, represents Beyond Oil’s official entry into the Australian market—a critical milestone in the company’s global expansion strategy.
The agreement grants T&J Oil exclusivity for distributing Beyond Oil’s proprietary oil treatment products to non-chain restaurants and local food chains across Australia, contingent upon annual minimum purchase commitments. The deal is expected to generate $243,000 in revenue for Beyond Oil during fiscal 2025 alone, with increasing commitments in subsequent years. The collaboration also includes the establishment of a dedicated training center in Australia, reinforcing Beyond Oil’s emphasis on customer education and product optimization.
Tackling Industry Challenges with Innovation
Beyond Oil’s unique solution addresses some of the most pressing issues in the food-service industry: reducing oil waste, enhancing food quality, and improving sustainability. Its patented oil filtration technology extends the life of frying oil, lowering costs while mitigating health risks linked to reused oil, such as elevated levels of harmful compounds like acrylamide and trans fats.
This innovative approach aligns with Australia’s growing focus on sustainable practices in the food industry. “We are excited to partner with T&J Oil to bring our technology to a market that values both quality and sustainability,” said Jonathan Or, CEO of Beyond Oil. “With their extensive distribution network, we are confident this partnership will significantly expand the reach of our product.”
Oren Haas, CEO of T&J Oil, echoed this enthusiasm, calling the agreement a “rare opportunity” to revolutionize the Australian frying oil market. “Beyond Oil’s product aligns perfectly with our commitment to driving value and sustainability for our customers,” Haas said.
The Global Expansion Continues
The Australian market is the latest in a series of expansions for Beyond Oil, which has recently secured distribution agreements in Asia, Latin America, and North America. Earlier this month, Beyond Oil announced its first direct sale in the Philippines through a partnership with Hap Chan, a major restaurant chain with over 100 locations. Similarly, the company entered the Mexican market in late 2024 through a collaboration with Fármacy México, solidifying its presence in the Latin American food-service sector.
This rapid expansion underscores Beyond Oil’s ability to meet the diverse needs of global markets while maintaining its commitment to sustainability and health. With FDA and other regulatory approvals in key regions, the company is positioning itself as a leader in oil management solutions, catering to both small and large-scale food operators.
Strategic Impact on Beyond Oil’s Future
The agreement with T&J Oil not only represents a significant revenue opportunity but also strengthens Beyond Oil’s credibility as a global innovator in food-tech. The company’s aggressive market penetration strategy and its focus on customer education—highlighted by the new training center in Australia—could accelerate adoption rates and drive recurring revenue streams.
By partnering with local experts like T&J Oil, Beyond Oil ensures its products are not only distributed but also integrated effectively into regional markets. This approach could prove crucial as the company navigates competitive landscapes and varying regulatory environments worldwide.
As Beyond Oil continues to expand its footprint, its growing portfolio of international partnerships serves as a testament to the demand for its groundbreaking solution. With a global focus on sustainability and health-conscious practices, Beyond Oil’s trajectory suggests it is well-positioned to capitalize on these trends, setting new standards in frying oil management.
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*IMPORTANT DISCLAIMERS & DISCLOSURES:
This article is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. The article was written and distributed by Wall Street Wire™ on behalf of Beyond Oil, which it was compensated by for coverage and distribution of its news and developments, among other things. Readers are encouraged to read the full disclaimers and disclosures document that the article is subject to with further details of conflicts. This article may include forward looking statements related to Beyond Oil, its potential and more which cannot be guaranteed as discussed in the above-linked disclaimers.