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Business / page 397

Sep. 29, 2011

European Commission OKs Payments for Six Months of Olive Oil Storage

The European Commission announced today that it will provide private storage aid enabling up to 100,000 tons of Spanish virgin olive oil to be stored for six months.

Sep. 28, 2011

Olive Council Deputy Director Urges Producers to Improve Quality

Olive oil producers need to adapt production to reflect the reality of worldwide demand – or face further losses, warns International Olive Council's deputy director Ammir Assabah.

Sep. 27, 2011

Olivar de Segura the Top 'Ecological' Olive Oil Producer in Spain

The co-op sold one million kilos of olive oil in 2010 making it the top-selling certified ecological producer, according to Andalusia's organic farming trade group.

Sep. 8, 2011

Production Edges Higher, Prices Lower in Latest Olive Council Report

Prices dipped further in Spain after a period of relative stability, while the average price for Italian extra virgin retreated from the record highs reached earlier this year.

Sep. 7, 2011

Italy's Monini Launches Australian Extra Virgin

The Italian olive oil producer Monini introduced a new extra virgin olive oil from the Australian estate where the company planted olive trees in 2004.

Sep. 6, 2011

Sales of Packaged Organic Olive Oil from Andalusia Sharply Higher

Sales of packaged organic olive oil from Andalusia grew nearly 30 percent in 2010, almost equaling that of the region's bulk olive oil sales.

Aug. 27, 2011

ExpoHuelma Under Way in Jaén, Spotlight on Olive Oil

The Jaén provincial government will have its own stand at the fair, which aims to promote the tourism, handicraft, livestock and agri-food industries.

Aug. 22, 2011

Olive Farming Project in India Fails to Take Off

India’s leading agricultural state of Punjab has failed to execute its ambitious olive cultivation project that was launched with much fanfare in 2008.

Aug. 17, 2011

Tough Time for Spain’s Olive Oil Stock Market

Between July 12 and August 12, sales transactions between producers and traders fell to 24,484 tons, representing a 53 percent drop from the previous month.

Aug. 12, 2011

Borges Plans $2.7M Campaign to Promote Olive Oil in India

Borges Mediterranean Food Products, one of the largest producers of olive oil in the world, is stepping up its marketing efforts in India with a major advertising campaign.

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Aug. 11, 2011

Andalusian Olive Oil Producers Facing Fourth Straight Year of Losses

Andalusia's olive oil producers are facing their fourth consecutive year in the red having already accumulated a loss of 600 million euros ($851 million) this season.

Jul. 24, 2011

New Zealand Says "No Thanks" to New Olive Oil Standards

As Australian olive oil celebrated new voluntary standards making it more difficult for European exporters to do business there, its sibling isn't along for the ride.

Jul. 21, 2011

Australian Olive Oil Takes the Ball, Runs

Seizing on the momentum of the adoption of new voluntary olive oil standards and wide media coverage, Australian Olive Association President Paul Miller took to the airwaves Wednesday.

Jul. 12, 2011

Barjol Calls for "Synergy" in New Olive Oil Promo Campaign

Calling the American market a "top priority," Olive Council Director Jean-Louis Barjol was in Washington to kick off a new $1.7M promotion campaign under the slogan "Add Some Life."

Jul. 7, 2011

Chilean Olive Oil Continues Gains

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.

Jul. 5, 2011

Argentina’s Yancanelo Gets New Bottling Line

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.

Jul. 5, 2011

Are Designations of Origin Working for Italian Olive Oil?

Are the designations of origins helping Italian olive oil producers? The Italian Olive Oil Council tried to provide answers through a report about the Italian olive oil PDO chain.

Jun. 27, 2011

Spanish Food Giant Grupo SOS Changes Name to Deoleo

Spanish food group SOS, the world’s leader in olive oil sales, this month unveiled its corporate image under the new business name of Deoleo.

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