NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVF
Post# of 30
Save Foods (NASDAQ: SVFD), an Israeli-based agrifood tech company focused on developing and selling eco-friendly products specifically designed to extend the shelf life and ensure the safety of fresh fruits and vegetables, has started a large commercial treatment program. SVFD is working on the project with Galilee Export, a leading Israeli avocado packer and the second-largest exporter of fresh produce in Israel. According to the announcement, Galilee accounts for an estimated 50% of Israel’s total avocado exports; the company also exports citrus, mangoes, Medjoul dates, pomegranates, grapes, sweet peppers, carrots, lychees, peaches, nectarines and more. Galilee will begin SVFD’s treatment on its commercial line this month at its state-of-the-art packing houses, and the process is expected to run throughout the 2021–22 grow season. “We’re pleased that Galilee has decided to launch a commercial application of Save Foods’ products,” said Save Foods CEO Dan Sztybel in the press release. “Galilee has one of the most advanced operations in the industry. I am confident that our treatments will continue to deliver the benefits they experienced in the smaller avocado pilots on a larger scale, and ensure they safely export high-quality avocado with a better shelf life while complying with the strict regulations and protocols instituted by their EU customer base. . . . It often takes a few grow seasons to prove our products, especially with larger companies, but over that time, we also establish a solid working relationship with them and earn their trust. Galilee is one of the leading companies in the industry, and I expect that a successful commercial test will lead to treatment of their other many produce lines going forward.”
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