Beyond Oil Announces First Commercial Adoption in the Industrial Frying Segment
Industrial food-production facility adopts Beyond Oil as part of its standard frying operations, marking the Company’s
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VANCOUVER, British Columbia, Oct. 26, 2026 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (TSX: BOIL) (OTCQB: BEOLF) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while improving food quality, lowering operational costs, minimizing waste and enhancing sustainability, today announced that the industrial food-production facility that hosted the Company’s independent industrial-scale pilot has adopted Beyond Oil’s patented technology as part of its standard frying operations, marking the Company’s first commercial adoption in the industrial-frying segment.
The pilot integrated Beyond Oil’s patented product into the facility’s existing filtration workflow and delivered approximately 93% lower Free Fatty Acids and approximately 52% lower Total Polar Compounds versus an untreated control across the full production cycle, representing the first validated application of the Company’s chemistry in an industrial-frying environment.
The facility has completed implementation of Beyond Oil’s patented technology into its existing frying operations and adopted it as part of its standard operating procedures. The Company’s near-term commercial focus remains on accelerating growth in its core foodservice and food retail businesses, particularly through direct sales in the U.S. market, while this first industrial adoption demonstrates its ability to translate successful industrial-scale validation into commercial implementation.
The industrial-frying segment represents a significant new vertical for the Company, exposing its technology to a large and growing market in which operators face tightening regulatory limits on frying-oil composition and increasing attention to worker exposure to frying-oil emissions.
“When we announced the successful completion of our industrial-scale pilot in August, we demonstrated that our technology works in an industrial frying environment. Today, we have taken the next step, with our first industrial customer completing implementation and adopting Beyond Oil as part of its standard frying operations. This is an important milestone for us, giving us our first real foothold in a vast market and, more importantly, the opportunity to gain deeper insights into the needs and challenges of industrial food manufacturers, allowing us to continue developing and adapting our solutions for this segment. While our immediate focus remains on driving continued growth in our core foodservice and food retail businesses, we are already actively advancing strategic opportunities in industrial frying that have the potential to create meaningful long-term value for Beyond Oil,” said Jonathan Or, CEO of Beyond Oil.
The industrial-frying segment is a sizable potential market for Beyond Oil. The global potato chips market alone is projected to reach approximately US$55 billion by 2030, and the global frozen French fries market approximately US$58 billion by 2030, both produced through industrial frying1. The Company believes this first commercial adoption positions it to participate in that market as operators seek to extend frying-oil life, strengthen quality control and reduce costs.
About Beyond Oil Ltd.
We all love fried food. Let’s make it better. Not by changing what people love. By improving the system behind it. Beyond Oil Ltd. (TSX: BOIL, OTCQB: BEOLF) is a food-tech innovation company on a mission to help foodservice operators improve fried food across every dimension that matters: quality, health, consistency, safety, sustainability and profitability. We achieve these outcomes by improving the system behind every kitchen, the frying performance and oil management that determine what lands on the plate. The Company’s patented technology, cleared by the FDA and Health Canada, integrates into existing kitchen workflows to improve frying performance and oil management, helping operators deliver more consistent food, strengthen operational control and reduce oil waste. Beyond Oil’s solution serves restaurant chains, supermarkets, hotels, catering, institutions and industrial frying operations worldwide, turning frying into a measurable, repeatable and scalable brand standard. The result is a better frying standard, helping every fryer, every shift and every plate live up to the food people love. For more information, please visit: www.beyondoil.co.
Forward-Looking Statements and Information
This news release contains “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of other relevant securities legislation, including applicable securities laws in Canada, which reflect Beyond Oil Ltd.’s current views with respect to, among other things, its operations and financial performance (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions and which are in turn based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of Beyond Oil Ltd. are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. In particular, this news release contains forward-looking statements regarding: the facility’s adoption and implementation of the Company’s technology as part of its standard frying operations and the expected scope and timing of such implementation; the Company’s ability to convert this first industrial adoption into broader commercial adoption or recurring revenue within the industrial-frying segment; the Company’s advancement of additional strategic opportunities in industrial frying and its ability to create meaningful long-term value in the segment; the continued expansion of the Company’s core foodservice and direct-sales business in the United States; and the long-term significance and potential of the industrial-frying opportunity for the Company. Forward-looking statements are subject to specific risks and uncertainties, including: this first industrial adoption may not lead to additional customers, recurring revenue or a broader commercial relationship with the facility’s operator; the Company’s additional strategic opportunities in industrial frying may not progress or result in commercial adoption or meaningful value for the Company; customer adoption within the industrial-frying segment may proceed more slowly than anticipated or may not materialize as expected; the Company’s continuing primary focus on its core foodservice business may limit the near-term revenue contribution of the industrial-frying segment; and the market for industrial-frying solutions may not develop in line with the Company’s expectations. Although Beyond Oil Ltd. believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in the USA and Canada, as well as factors not presently known to Beyond Oil Ltd. or that Beyond Oil Ltd. currently believes are not material, could cause actual results to differ materially from those contemplated or implied by forward-looking statements. Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release. Except as required by law, Beyond Oil Ltd. undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
Company Contact:
Adi Olesker, VP of Investor Relations
Phone: +972-50-694-2517
adio@beyondoil.co
Investor Relations Contact:
Arx Investor Relations
North American Equities Desk
BOIL@arxhq.com
1 Knowledge Sourcing, Potato Chips Market (projected to reach US$55.07 billion by 2030). Available at: https://www.knowledge-sourcing.com/resources/press-releases/potato-chips-market; The Insight Partners, Frozen French Fries Market (projected to reach US$57.91 billion by 2030). Available at: https://www.theinsightpartners.com/reports/frozen-french-fries-market
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