Boon Launches BIODOX Product Line, Delivers First Orders to Commercial Agriculture Industry

Rhea-AI Summary

Boon Industries, Inc. (OTC: BNOW) announces fulfillment of multiple purchase orders for its new BIODOX product line in California's agricultural sector. BIODOX, a proprietary activated chlorine dioxide solution, is approved by the USDA for organic crop use, targeting food safety. The global agricultural disinfectant market is projected to reach USD $2.1 billion by 2026, growing at a CAGR of 3.5%. Chairman Justin Gonzalez highlights BIODOX's potential to increase agricultural yield and profitability, enhancing food safety standards.

Positive

• Fulfilled multiple purchase orders for BIODOX in California's agricultural sector.
• BIODOX is USDA-approved for organic crop production, enhancing food safety.
• Global agricultural disinfectant market projected to grow to USD $2.1 billion by 2026.

Negative

• None.

SACRAMENTO, CA, Nov. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Boon Industries, Inc. (OTC PINK: BNOW) (“Boon” or the “Company”), an innovative bioscience company delivering solutions that benefit people and the planet, is pleased to announce that several purchase orders have been fulfilled for the commercial agricultural industry in California as Boon launches its BIODOX brand product line.

BIODOX is a proprietary form of activated chlorine dioxide targeted specifically for agricultural applications. Boon’s breakthrough formula now makes this solution available to new market segments across the spectrum of food production, from farmers to food distributors, ensuring food safety without compromise. The USDA has deemed chlorine dioxide appropriate for use in organic crop production, as an algicide, disinfectant and sterilizer. Chlorine dioxide is often referred to as the “Ideal Disinfectant” because it is effective against the most resistant pathogens, yet safe for use directly on food. 

“This is a tremendous moment for Boon as we extend our product offering into a new and massive potential market where we believe we will add to the orders we have already begun to fulfill,” stated Justin Gonzalez, Chairman, Boon Industries. “The global agricultural disinfectant market is projected to grow at a CAGR of 4% over the forecast period of 2018-2024. Agricultural disinfectants are chemicals that are widely used on livestock and crops to protect them against various microorganisms such as bacteria, fungi, and virus.

“We believe Our BIODOX formula is a game changer in combating complex issues in agriculture and enabling farmers and product manufacturers to deliver higher yields which will result in increased profit margins, and cleaner, safer deliverables to the end consumer,” added Gonzalez.

According to Market Analysis and Insights, in its report ‘Agricultural Disinfectant Market in 2021,’ the worldwide Market for Agricultural Disinfectant is projected to reach USD $2.1B by 2026, from USD $1.6B in 2020, at a CAGR of 3.5% during 2021-2026. (Source link)[5] 

About Boon Industries

Boon Industries, Inc. (OTC:BNOW) is an innovative bioscience company delivering environmentally safe products to benefit people and the planet. At the core of Boon’s product offering is DiOx+™, a Chlorine Dioxide Disinfectant Sterilizer. Chlorine Dioxide has been approved by OSHA, FDA, EPA, and DOT. DiOx+ kills harmful pathogens without dangerous toxic exposure to the user or the environment. The proprietary chemical formulas and processes behind DiOx+ make it ideal for sterilization of mission critical, high value medical equipment and disinfecting air and surfaces in laboratory and hospital environments. DiOx+ helps protect agricultural crops from disease, is used in water treatment plants, and helps reduce operational costs in warehousing, distribution centers and ecommerce support facilities. The introduction of DiOx+ to the U.S. market follows 12 years of Chlorine Dioxide usage in global markets driven by Boon’s CEO Justin Gonzalez. DiOx+ delivers on Boon’s promise to provide the most effective, affordable solutions without sacrificing health and safety. DiOx+ is produced at Boon’s manufacturing facility and corporate headquarters in Grass Valley, California.

Safe Harbor for Forward-Looking Statements: This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Please note that from time to time the Company may post new information at its website boonindustries.com, or via its current social media accounts below:

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Twitter: https://twitter.com/boonindustries

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FAQ

What is BIODOX by Boon Industries?

BIODOX is a proprietary activated chlorine dioxide solution intended for agricultural applications, approved by the USDA for organic crop production.

How many purchase orders has Boon Industries fulfilled for BIODOX?

Boon Industries has fulfilled several purchase orders for its BIODOX product line in California's agricultural industry.

What is the projected growth of the agricultural disinfectant market?

The global agricultural disinfectant market is projected to grow from USD $1.6 billion in 2020 to USD $2.1 billion by 2026, at a CAGR of 3.5%.

What are the benefits of using BIODOX in agriculture?

BIODOX is designed to combat pathogens, enhance agricultural yields, and ensure food safety without compromising health standards.

What is the significance of the USDA approval for BIODOX?

USDA approval allows BIODOX to be used in organic crop production, making it an attractive solution for farmers and food distributors.