ARIZONA (Scottsdale) – BioNovelus, Inc. (ONOV) is pleased to announce the triumph of CR-10, their environmentally friendly fungicide product. Test results in five coffee plantations have proven that biodegradable CR-10 is a coffee rust killer. Coffee rust or roya (Hemileia vastatrix) is a devastating fungus that has already cost $2.5B to the coffee industry and 500,000 jobs in Central America since 2012. (Sources: ICAFE 02/2016 and Forbes 08/2014).
Since 2014, big name brands of coffee such as Starbucks, Keurig Green Mountain, Folgers maker J.M. Smucker, San Francisco Bay Coffee, along with USAID and several organizations have thrown over $25M at the rust issue, trying to resolve it primarily by creating genetically modified (GMO) rust-resistant trees, which does not address the rust itself. Two years and a several million dollars later, coffee rust is still very present in Central America.
CR-10 saves the day. Victor Hugo Carranza Salazar, CEO of CoopeAgri R.L., a $106M revenue cooperative in Costa Rica, active partner of Arizona based BioNovelus in this Pilot Test, explains: “CR-10 is a new real opportunity that gives hopes.” He also admits that coffee rust is a plague and in 2015 his cooperative of 14,000 members lost $11M to the disease.
To quote Business Insider: “After crude oil, coffee is the most sought after commodity. Coffee is worth over $100B annually worldwide.” “BioNovelus product, CR-10, is the most viable and proven solution to eradicate coffee rust, says Jean Ekobo, President of BioNovelus. CR-10 has already been approved by Costa Rican Customs, and we are in advanced negotiations with distributors for CR-10 in Costa Rica, and other countries in Central America, and Mexico.”
Rather than genetically modified trees, or continual use of environmentally dangerous chemicals, BioNovelus offers to eliminate the rust devastation with their biodegradable, non toxic CR-10. CR-10 is the perfect solution for our planet.
About BioNovelus Inc.
BioNovelus, Inc. (ONOV) is a biotech company that honors the environment with an innovative, cost effective, and disruptive technology-based solution to the problems of safety and cleanliness regarding food production and water supply.
For additional information: http://bionovelus.com/results/
Please contact: Nathalie Ekobo,
Marketing & Communications Director
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