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The latest announcement is out from Beyond Oil Ltd ( (TSE:BOIL) ).
Beyond Oil Ltd. has signed a five-year distribution agreement with T&J Oil Pty Ltd., marking its entry into the Australian market. This partnership, valued at around US$4.9 million, involves T&J Oil distributing Beyond Oil’s proprietary oil treatment products to non-chain restaurants and local chains in Australia. The agreement includes minimum purchase commitments and the establishment of a dedicated training center to support sustainable practices in the food service industry.
More about Beyond Oil Ltd
Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability.
YTD Price Performance: 42.86%
Average Trading Volume: 62,267
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on BOIL stock on TipRanks’ Stock Analysis page.