Save Foods Inc. (NASDAQ: SVFD) Develops Natural Solution to Food Waste
Rhea-AI Summary
Save Foods Inc. (NASDAQ: SVFD) has been featured in an editorial by NetworkNewsWire, spotlighting its role in combating food waste. The editorial emphasizes the significant issue of food waste in the U.S., with approximately 133 billion pounds wasted annually. Save Foods is focused on enhancing food longevity through innovative, natural solutions that aim to reduce food loss and improve safety in the agri-food sector. The company collaborates closely with its partners to provide effective post-harvest treatments that ensure a safer, healthier food supply.
Positive
- Featured in an editorial by NetworkNewsWire, enhancing visibility.
- Addresses significant food waste issues, potentially increasing market relevance.
- Innovative solutions for food safety and waste reduction may attract partnerships and investments.
Negative
- None.
News Market Reaction – SVFD
On the day this news was published, SVFD declined 2.95%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — Save Foods Inc. (NASDAQ: SVFD) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.
To view the full publication, “For the Earth’s Sake, Companies Aiming to Reduce Food Waste,” please visit: https://nnw.fm/rbks9
Food waste is a major problem at multiple levels, whether it has to do with the consumer, supply chain, grocery or, ultimately at the food’s end of life, landfill. It’s a problem that all too often goes ignored, unnoticed and underserved, contributing negatively to food security, the environment and even climate change. The amount of food waste in America alone is simply mind numbing, weighing in at 133 billion pounds and
In 2015, the U.S. Department of Agriculture (USDA) joined with the U.S. Environmental Protection Agency (EPA) to cut U.S. food waste by
About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agri-food-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 house processing, including citrus fruits, avocado, mango, pears, apples and bell pepper. 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 NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness.
NNW is where news, content and information converge.
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NetworkNewsWire (NNW)
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