PHILADELPHIA, July 18, 2016 /PRNewswire/ -- AgroFresh Solutions, Inc. (NASDAQ: AGFS/AGFSW) announced today that it has received approval in Israel for Harvista 1.3 SC. AgroFresh is now able to help apple growers in Israel obtain better crop quality, reduce loss, and improve yield margins within their operations through the application of its pre-harvest product, Harvista. The Harvista technology,1-methylcyclopropene (1-MCP), prevents ethylene recognition which slows the ripening process in order to maintain superior fruit quality and improve value from harvest to storage.
Harvista gives our growers a competitive edge by helping them deliver high-quality fruit. With advanced pre-harvest Harvista technology in their orchard management program, growers enjoy achieving optimal coloring and size, and can pick fruit at peak quality to elicit greater revenue and a more profitable operation.
"This is an exciting market for us to enter with Harvista and it is a contributing factor in the AgroFresh growth strategy," said Mark Hooper, Global Brand Lead for AgroFresh. "Growers in Israel will benefit especially from better quality apples at harvest to complement the maintenance of quality during storage with the SmartFreshSM Quality System. The apple consumers will definitely appreciate the improved quality while our growers enjoy higher returns."
As Harvista launches into the Israeli market, AgroFresh is limiting the roll-out to targeted hectares for 2016 and is planning for continued targeted expansion for 2017. AgroFresh is collaborating with Rimi Chemicals Co. LTD., located in Petah Tikva, Israel. In addition to assisting with application options, Rimi Chemicals Co. representatives will work with customers to evaluate fruit maturity, block by block, and variety by variety, to determine the best time to apply Harvista for optimal results.
For more information, visit AgroFresh.com or contact your local AgroFresh representative.
AgroFresh Solutions, Inc. (NASDAQ: AGFS/AGFSW) is a global horticultural produce industry leader, providing a portfolio of innovative products and specialty services to maintain the freshness, quality and value of fresh produce and flowers. Its core products include SmartFresh™, the proven post-harvest freshness protection technology for produce; Harvista™, the advanced pre-harvest technology for apples and pears; and RipeLock™, the innovative post-harvest quality system for bananas. AgroFresh currently operates commercially in more than 40 countries and employs more than 170 people worldwide. For more information, visit www.AgroFresh.com.
In addition to historical information, this release may contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects or anticipates will or may occur in the future are forward-looking statements and are identified with, but not limited to, words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions (or the negative versions of such words or expressions). Forward-looking statements include, without limitation, information concerning the Company's possible or assumed future results of operations, including all statements regarding anticipated future growth, adoption of the Company's products, business strategies, competitive position, industry environment, potential growth opportunities and the effects of regulation. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's management's control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks include, without limitation, the risk of increased competition; the ability of the business to grow and manage growth profitably; changes in applicable laws or regulations, and the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors. Additional risks and uncertainties are identified and discussed in the Company's filings with the SEC, which are available at the SEC's website at www.sec.gov.
™Trademark of AgroFresh Inc. ©2016 AgroFresh Solutions, Inc. All rights reserved.
SOURCE AgroFresh Solutions, Inc.