The Perth company, led by Mark Kailis of Western Australia’s dynastic Kailis family, failed to raise enough working capital to maintain operations after suffering major losses this year.
The “first ever public reliable survey” will reveal the key players involved in activities promoting olive oil internationally, and what they are doing, according to the IOC tender.
Worldwide trade in olive oil is up 10 percent on last year - an increase of 120,222 tons, according to figures just released by the International Olive Council.
The Syrian Ministry of Agriculture has issued a statement announcing that favorable weather conditions are helping the olive harvest this season.
Hojiblanca plans to double its turnover to €1 billion in five years. Antonio Luque, former farmer and now Hojiblanca’s managing director, vowed to “keep on growing.”
The mill is owned by the 1,673 members of the FAECA Cooperative and, with the 12 lines working around the clock, can process 2,500 tons of olive oil every day.
Dalmia Continental’s flagship brand Leonardo Olive Oil has launched a new, high-decibel advertising campaign for the festive season in India with the slogan "Go Indiano."
Spain has doubled its olive oil exports in the last decade and now sends 60 percent of its production abroad, according to figures released by the trade association Interprofesional del Aceite de Oliva Español.
Proposals include limiting the subsidies large farms can receive, and allocating a fixed amount per hectare rather than according to the production history -- a change that would see France and Spain lose the most, according to reports.
The byproduct of olive oil production, the pulp and ground up pits, are becoming popular for use as fuel for backyard barbecues, hotels and entire towns.
Argentina remains the IOC's only member in Latin America, but other countries in the region are lately receiving more attention from the intergovernmental organization.
Hojiblanca President, José Moreno, said the integration was "another step towards the consolidation of a major multisectorial agri-food cooperative which could take advantage of synergies."
The world produced just over 3 million tons of olive oil in the 2010/11 harvest season, according to preliminary estimates released today in the International Olive Council's September Market Summary.
In an interview with Spain's El Economista, Acesur CEO Gonzalo Guillén spoke frankly of Spain's olive oil image problem and his company's plans for international expansion.
The inquiry started last November after analyses of 24 batches of cheap olive oil on sale in Jaén and Córdoba found the contents of some were inferior to that shown on the label.
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