Alternative Energy Powers Olive Oil Producer in Chile’s Maule Region
In a year declared “International Year of Sustainable Energy for All” by the UN, one Chilean olive oil producer expects big results from his decision to go green.
In a year declared “International Year of Sustainable Energy for All” by the UN, one Chilean olive oil producer expects big results from his decision to go green.
Olive oil production in Uruguay is expected to double in the coming year, thanks to heavy investments and improved technological resources in the area.
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.
According to a report, an investment group headed by Ralph Rybacki will put up $11.9 million towards the purchase of a 2,471 acre olive plantation and the construction of a new olive oil factory.
Chile exported an unprecedented 1,522 tons of olive oil during the first five months of 2011, marking a 221 percent increase. The United States accounted for 40 percent of sales.
Yancanelo, a major producer of extra virgin olive oil in Argentina’s Mendoza providence, has announced it will invest 500,000 pesos ($121,833) in a new bottling line at its plant in San Rafael.
"Producers will gain access to technical assistance in the field and at the pilot plant with the aim of improving the quality of their products." - Flavio Fama, National University of Catamarca
The situation has only gotten bleaker for Argentina’s flailing olive oil industry, which finds itself in a financial predicament driven by stagnant prices and rising production costs.
Following a trend led by its booming wine market, Chile’s olive oil industry expanded sales worldwide last year according to statistics just released.
President Cristina Fernández de Kirchner has pledged federal government help to Argentina's battered olive oil industry following layoffs in the Catamarca region.
The move into the Colombian market follows reports that find consumers there becoming more aware of the benefits of olive oil amid a growing demand for gourmet products.
Pomán has demanded that the Catamarca Government move to counter a crisis in the local olive oil industry that has led to fifty layoffs in the past two weeks
The San Juan department of Pocito hopes the certificate of origin initiative will help endorse Argentina’s industry and ensure its products are recognized across the world.
In only its fifth year Olisur produced 1.8 million liters of olive oil on its Chilean estate, mostly for North Americans. "We must produce for other countries, and they request sustainability."
The campaign to promote Spanish olive oil throughout Brazil is seen as a key strategic move to woo the consumer base of a country yet to be dominated by a single olive oil provider.