Skip to main content

InvestorNewsBreaks — Save Foods Inc. (NASDAQ: SVFD) Announces Results of Pear-Loss Pilot; Inks Deal with Leading Israeli Packer

Save Foods (NASDAQ: SVFD), an agri-food tech company specializing in eco crop protection designed to reduce food waste and ensure food safety, has released results from a two-season pilot project indicating that SVFD’s proprietary treatment reduces pear loss by 60%. The trial was conducted with Israeli packer Rafkor Ltd., which has now signed on as a commercial customer of Save Foods. According to the announcement, when Rafko used Safe Foods’ treatment on two varieties of pears, Kostya and Spadona, that were stored long term, the company experienced an average of 60% less waste. SVFD noted that post-harvest disease can be a major factor in the long-term storage of pears, with losses because of decay as high as 50% to 60%, which represents a significant impact on food security, profitability and the ability of growers to sustainably manage natural resources. Rafkor, which also handles other stone fruit such as citrus and pomegranates, treats about 40% of the pears produced in Israel, so the results of the study were important. The company is now looking to expand its use of Save Foods’ products with its other fruit. “We have shown time and again that our treatment is effective and has a positive impact on waste reduction and on the bottom line for growers, packers and retailers,” said Safe Foods Israeli subsidiary CEO Dan Sztybel in the press release. “So far all our commercial trials have converted to commercial customers, which is a testament to the effectiveness and significance of our eco-friendly products. . . . We believe that reducing food loss and waste is now more important than ever. According to the UN’s World Food Programme, the number of people on the edge of famine now stands at 44 million, up from 27 million in 2019. Experts believe the conflict between Russia and Ukraine will further exacerbate the global food system, which was already strained under supply chain issues and changing weather patterns.”

To view the full press release, visit https://ibn.fm/UHT6w

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 the workers and the 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 products not only prolong fresh produce shelf life and reduce food loss and waste, 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

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.