Olam Announces Deployment of Phytech technology in Australian Almond Orchards

TEL AVIV, Israel--()--Olam, a global leader in almond production, announced today that it has deployed the Phytech plant-centric technology service across five company orchards in the Sunraysia and Riverina regions of south eastern Australia. The total Olam area covered by the service for the 2016/17 season now exceeds 5,000 hectares, with a mixture of mature and new plantings. The deployment follows successful implementation across 700 hectares during the previous season that resulted in increased growth rates and higher yields while reducing water usage.

General Manager Almond Orchards, Rob Wheatley, commented “As the largest almond producer in Australia and in line with our best practice policies, we strive to set a positive example for sustainable, tech-smart agriculture. We believe that the Phytech service empowers our orchard management teams, providing a decision support tool that incorporates real time plant feedback to create a closed loop learning environment. Better decisions today that lead to better practices tomorrow.”

Sarig Duek, Phytech CEO, added “We are honored and proud to support Olam through their endeavor to increase productivity while preserving resources. The leading role that Olam is taking in adopting plant-data-driven practices will uplift and benefit the entire industry in meeting quality, quantity and sustainability demands.”

About Olam International Limited: Olam International is a leading agri-business operating across the value chain in 70 countries, supplying various products across 16 platforms to over 16,200 customers worldwide. From a direct sourcing and processing presence in most major producing countries, Olam has built a global leadership position in many of its businesses. Headquartered in Singapore and listed on the SGX-ST on February 11, 2005, Olam currently ranks among the top 50 largest listed companies in Singapore in terms of market capitalization and is a component stock in the S&P Agribusiness Index and the DAXglobal Agribusiness Index. In 2016 Fortune recognized Olam at #23 in its ‘Change the World’ list.
More information on Olam can be found at www.olamgroup.com.

About Phytech: With financial backing from Mitsui & Co and Syngenta Ventures, Phytech is an Ag analytics company focused on helping farmers understand their plant health status and needs. Proprietary sensor hardware, installed in the field, along with data analysis and predictive algorithms are combined to form a subscription service model, delivered through a simple smart phone and web based user interface. Phytech deliver an unparalleled value proposition to the grower, ensuring they no longer need to purchase expensive field sensors or interpret the complicated data they create. More information can be found at http://www.phytech.com.

Contacts

Press Contact:
Phytech
Sarig Duek, Cell: +972-54-3555100
Mail: sarigd@phytech.com

Contacts

Press Contact:
Phytech
Sarig Duek, Cell: +972-54-3555100
Mail: sarigd@phytech.com