First the pandemic and now a war. World events have created an unsuspecting victim: commercial kitchens that rely on cooking oil. But the good news is that there’s a way to extend the life of your precious cooking oil while also reducing its overall consumption.
Saga of the Shortage
In May of 2021, this time last year, Filta shared data showing that the price of cooking oil had more than doubled since the outbreak of COVID-19 worldwide – soybean oil alone rising from $.25 per pound in May 2020 to $.55 in March 2021. When war broke out between Russia and Ukraine in February 2022, the economies of cooking oil became even more dire.
Filta Group plc (LON:FLTA) is a market-leading, commercial kitchen services business, servicing restaurants, supermarkets, stadiums, healthcare, education, hotels and amusement parks. Trusted by many global brands, they specialise in Fryer Management and Grease & Drain Management, servicing businesses that require regular maintenance.