NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVF
Post# of 30
Save Foods (NASDAQ: SVFD), an agri-food tech company specializing in eco crop protection designed to reduce food waste and ensure food safety, has completed several successful trials with Galilee Export, the second largest exporter of fruit and vegetables in Israel. As a result of the trials, effective immediately Galilee Export will be requiring all its bell pepper suppliers to use Save Foods’ treatment; Galilee Export noted that it plans to start using the treatments on avocados as well. According to the announcement, Galilee Export has been evaluating Save Foods’ treatment for several months and has seen a reduction in decay and food waste as well as an improvement regarding the firmness of peppers. The company is hoping to extend its market reach to countries with stricter pesticide regulations as well as evaluate using the treatment on other fruits and vegetables. “Our products address two of the major challenges of the food industry — food waste and loss reduction,” said Safe Foods CEO Dan Sztybel in the press release. “Packing houses around the world are facing new challenges, such as keeping produce fresh throughout the often long transportation and distribution process, and maintaining quality and shelf life with significantly reduced pesticide levels. Many major packing houses are currently carrying out trials on our products. We are looking forward to working with Galilee Export and are confident that we will be adding more major clients to our portfolio soon.”
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