Partnership BVB and Philips
PHILIPS SOWS SEEDS FOR ENERGY-EFFICIENT HORTICULTURE THROUGH LED LIGHTING PARTNERSHIP WITH BVB SUBSTRATES
Eindhoven/De Lier, the Netherlands – Royal Philips Electronics (NYSE: PHG, AEX: PHI) is to join forces with a -leading horticultural supplier BVB Substrates of the Netherlands to develop solid-state LED lighting-based applications for flower and vegetable cultivation in greenhouses. The two companies have signed a memorandum-of-understanding in order to combine their respective strengths in horticulture.
High-tech horticulture production is a highly energy-dependent process, often requiring growth lighting to improve crop quality and output, especially during autumn and winter. Through its partnership, Philips and BVB Substrates will identify applications of energy-efficient LED lighting to lower this energy consumption, while at the same time improving the quality and yield of production.
BVB Substrates – the corporate brand name of Bas van Buuren B.V., Euroveen B.V and Bogro B.V. - has more than 100 years of experience of driving innovation in substrates, the foundation from which flowers, vegetables, plants, mushrooms, soft fruits and trees are grown. Based in the
