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Calyxt debuts premium soybean cooking oil Calyno

Calyno is grown by Midwest farmers to provide the benefits of a heart healthy oil and the functionality of a premium cooking oil

Calyno oil
Calyno offers lower absorption than other oils, which means greater stability and a longer fry life than conventional vegetable oil

Calyxt Inc (NASDAQ:CLXT) officially launched Calyno premium cooking oil, the company’s first commercial product, through its new website calyno.com.

Calyno is grown by Midwest farmers to provide the benefits of a heart healthy oil and the functionality of a premium cooking oil, the company said. The soybean product is allergen and gluten free with zero grams of trans fat per serving and 20% reduced saturated fat. 

That earned the oil a qualified heart health claim from the Food and Drug Administration.

READ: Calyxt licenses technology designed to bring innovative plant products to market faster

“Our e-commerce launch offers consumers a new option that is heart-healthy and highly functional,” CEO Jim Blome said in a statement. “We are thrilled to provide consumers access to our premium oil – an incredible new offering for individuals and smaller dining establishments. We look forward to this exciting next step in our commercialization process.”

Calyno offers lower absorption than other oils, which means greater stability and a longer fry life than conventional vegetable oil. 

The oil has drawn praise from one key constituency: chefs.

“As a chef, we look for an oil that will give us the results we want; and for us, that is a good sear with great frying performance,” said Nettie Colón, chef de cuisine at The Lynhall Minneapolis. “Calyno oil provides this and more, even delivering a clean, non-greasy finish. Calyno premium cooking oil is great for us because we pride ourselves on putting out the best food.”

Calyxt pointed to survey data from the International Food Information Council and American Heart Foundation which showed that 43% of Americans are on the lookout for healthy options when shopping and that soybean oil is the most consumed edible oil in the US.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com 

Follow him on Twitter @andrew_kessel

Quick facts: Calyxt

Price: 5.49 USD

NASDAQ:CLXT
Market: NASDAQ
Market Cap: $182.18 m
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