Save Foods (NASDAQ: SVFD), an agrifood tech company specializing in ecocrop protection designed to help reduce food waste and ensure food safety while reducing the use of pesticides, is working with Mexican lime packers who are implementing new commercial adoption of company’s protection treatment. The company announced that, after successfully completing several pilot programs in Veracruz, Mexico, the company is growing its network of paying customers in the area as packers are contracting with the company to adopt its treatments. The company expects that the growing interest in its solutions will translate into sustained growth as more organizations become aware of the positive impact the protection treatment has on the food supply chain. Growth in Mexico is particularly noteworthy because the country is the world’s second-largest exporter of limes. According to the announcement, the state of Veracruz, where Save Foods has seen its most recent customer growth, is the main Persian-lime-producing region in the country. “A major US retailer reported that limes treated with our ecocrop protection had an extended shelf life of more than five days compared to limes that had not been treated,” said Save Foods Ltd. CEO Dan Sztybel in the press release. “Extended shelf life means waste is reduced, and our data indicates this could result in retailers generating additional income of $185 per ton of limes. Furthermore, the packer benefited from a 25% increased purchased volume of the produce by this US retailer.”
To view the full press release, visit https://ibn.fm/HaQ3b
About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agrifood tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and consumers alike. SVFD’s initial applications are in post-harvest treatments in fruit and vegetable packing houses that process produce such as citrus, avocado, pears, apples and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods treatments not only prolong fresh produce shelf life and reduce food loss and waste, but they also ensure a safe, natural, and healthy product. For more information about the company, visit www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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