What is Beyond Oil Ltd. (BOIL.CN)?

Beyond Oil Ltd. (BOIL.CN) is a stock in the Technology sector, Information Technology Services industry. View full analysis on Stocks360.

Beyond Oil Ltd. (BOIL.CN)

Stock analysis · CNQ · Technology · Information Technology Services

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Beta

-0.74

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About Beyond Oil Ltd.

Beyond Oil Ltd. is a food-tech innovation company, which engages in developing solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies. The company's patented technology, with regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil, addressing critical health concerns. Beyond Oil’s solution tackles a global issue in the food industry: the widespread practice of reusing frying oil for hundreds of cycles across several days. Its product helps reduce health risks associated with reused oil, including links to cancer and cardiovascular diseases. The company was founded by Jonathan Or on March 9, 2012 and is headquartered in North Vancouver, Canada.