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Business / page 235

Skyline of Riyadh featuring modern skyscrapers illuminated at dusk with a purple sky. - Olive Oil Times
Business

Mar. 27, 2019

Saudi Arabia to Build Asia’s Largest Olive Mill

NADEC, the largest ecological olive oil producer in Saudi Arabia and the Middle East, will build the largest olive mill in Asia to boost its production.

A ceramic bowl filled with glossy black olives, accompanied by olive oil and olive leaves. - Olive Oil Times
Business

Mar. 27, 2019

Rival California Olive Packer Steps in to Pick Up Canceled Contracts

Musco Family Olive Company's CEO has said the company will do what it can to offer contracts to table olive growers affected by the Bell-Carter contract cancellations. They will give preference to machine-harvested olives.

A hillside covered with rows of olive trees, with a small building and cypress trees in the background. - Olive Oil Times
Business

Mar. 20, 2019

Spanish Officials Determined to Investigate Price Decreases

In spite of poor harvests around most of the Mediterranean basin and a good one in Spain, olive oil prices continue to fall. Producers and their allies are demanding an investigation.

Interior view of a London Underground tunnel featuring artwork on the walls and signage for the Bakerloo Line. - Olive Oil Times
Four individuals in formal attire standing together in an indoor setting. - Olive Oil Times
Close-up of green olives hanging from a branch of an olive tree with leaves. - Olive Oil Times
Close-up of olive tree leaves covered in frost and ice crystals. - Olive Oil Times
Multiple trays containing different types of olives, including green and black varieties, with serving utensils. - Olive Oil Times
A green combine harvester working in a field with a trailer filled with harvested crops. - Olive Oil Times
Business

Mar. 12, 2019

Gene-edited Soybean Oil Touted as Non-GMO

A Minnesota company hopes their high oleic soybean oil will eventually become a market competitor to olive oil.

Olive trees in a field with yellow flowers under a blue sky in Alentejo. - Olive Oil Times
Business

Mar. 11, 2019

Omics Ensure the Authenticity of Portuguese Olive Oils

Genomics and metabolomics are at the core of a research study to authenticate and trace Portuguese extra virgin olive oils.

Exterior view of the International Culinary Center with banners on the building. - Olive Oil Times
World

Mar. 10, 2019

NYIOOC Returns to International Culinary Center

The International Culinary Center in New York will host the NYIOOC World Olive Oil Competition and its Sommelier Certification Program back-to-back this May.

A bowl containing a variety of green and brown olives with leaves. - Olive Oil Times
Europe

Mar. 7, 2019

Greek Table Olive Exports Slowing Down

Low output, setbacks in quality and higher prices are leading foreign buyers to look elsewhere.

Aerial view of neatly arranged rows of olive trees in an orchard. - Olive Oil Times
Business

Mar. 7, 2019

Higher Production in Spain Leads to Lower Prices

Olive oil production in Spain has increased by 33 percent compared to the previous campaign. Sales have increased compared to previous years as well.

Olive trees with gnarled trunks in the Garden of Gethsemane, featuring a stone monument. - Olive Oil Times
Business

Mar. 6, 2019

Signs of Hope in Palestine's Olive Oil Sector

Free trade deals with Indonesia and the U.K. could provide Palestinian producers with ample export opportunities. The prospects of another poor harvest may complicate this.

A panoramic view of olive groves on a hillside in Crete, showcasing rows of olive trees. - Olive Oil Times
Production

Mar. 6, 2019

After Tough Harvest, Producers in Crete Ask for Compensation

The small quantity of olive oil that was produced in Crete remains idle since there is no demand from buyers abroad. Producers are demanding compensation.

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People dining outside at a restaurant with umbrellas and a brick facade on a street. - Olive Oil Times
Health

Mar. 4, 2019

Ban on Trans Fats in NYC Restaurants Reduces Cardiovascular Risk

A recently published study found that overall trans fat levels had fallen by around 57 percent and people who frequently dined out benefited from a greater decrease of around 62 percent.

A hilltop village with stone buildings and a tower, surrounded by olive trees and greenery. - Olive Oil Times
Business

Mar. 4, 2019

Croatia and Slovenia Receive Joint EU Protection for Istrian Olive Oil

The two Balkan states now share the European Union PDO appellation for extra virgin olive oil produced on the Adriatic peninsula.

Cargo ship with colorful shipping containers docked at a port. - Olive Oil Times
World

Feb. 28, 2019

35,000 Tons of Stolen Syrian Olive Oil May Already Be in Europe

This figure represents about half of the olive oil that has reportedly smuggled out from Afrin. A new pro-Turkish ally in the occupied Syrian territory denies the oil "was stolen" at all.

Individual holding a blue glass while taking a sip, partially visible from the side. - Olive Oil Times
World

Feb. 28, 2019

Sommelier Program to Follow 2019 NYIOOC

The eighth edition of the widely acclaimed program for olive oil sensory evaluation will follow the NYIOOC World Olive Oil Competition this May.

A panel of speakers seated on stage during a conference event, discussing various topics. - Olive Oil Times
Business

Feb. 27, 2019

Italian Trade Group Proposes New Classification for Extra Virgin Olive Oil

A proposal to lower the acidity threshold value of the extra virgin olive oil from 0.8 to 0.5 percent was presented by the consortium of Italian olive oil producers at a conference in Rome.

A glass bowl filled with small beige seeds placed on a wooden surface near a Biolive sign. - Olive Oil Times
Business

Feb. 27, 2019

Environmentally Friendly Bioplastics Created From Olive Seeds

The idea to create olive-based plastics was sparked when Duygu Yilmaz decided to research whether her father's habit of eating olive seeds was detrimental to his health.

Large cargo ship docked at a port, loaded with colorful shipping containers under night lights. - Olive Oil Times
Business

Feb. 27, 2019

Poor Harvests Lead to More Vigilance in Canada

The Canadian Food Inspection Agency is warning consumers to be on the lookout for fraudulently labeled olive oil in light of the poor European harvest this year.

Facade of the University of Athens building with Greek flag and palm trees in front. - Olive Oil Times
Health

Feb. 25, 2019

Mapping the Polyphenols of Greek Extra Virgin Olive Oils for Healthy Aging

Extra virgin olive oils from Crete were found to contain the highest polyphenols load. Two-phase processing was also found to better preserves phenols in olive oil.

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