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Business / page 401

Oct. 16, 2011

Olive Oil Giant Hojiblanca Expands into Livestock

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."

Oct. 11, 2011

Olive Oil Imports Down in Australia, Way Up in Brazil

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.

Oct. 10, 2011

Acesur's Gonzalo Guillén: Spain is "Exporting the Wrong Image"

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.

Sep. 23, 2011

American Investor Argentine Olive Ranch Buys San Juan Plantation

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.

Sep. 23, 2011

Dalmia Tries Simplified Olive Oil Labels in India

Leonardo olive pomace oil is ideally suited for everyday Indian cooking and frying, according to its new label which now includes a prominent image of a traditional Indian food platter.

Sep. 19, 2011

Virgin Olive Oil Prices Hit Trigger Level for European Aid

The average price for virgin olive oil is now so low in Spain that the European Commission has no choice but to subsidize storage until the market improves, the Spanish government and olive oil producers said today.

Sep. 18, 2011

Spanish Prosecutors Seek Nine Years in Jail for Three Accused of Olive Oil Fraud

Spanish prosecutors are seeking nine years jail and fines of 8,760 euros ($12,000) each for three Andalusian businessmen accused of olive oil fraud and deceptive advertising.

Sep. 14, 2011

Olive Oil Campaign Gets a Life in New York

It may not be much to work with, but with a $1.7 million dollar allowance from the Olive Council, the new "Add Some Life" promotional campaign hopes to at least make eating olive oil a little cooler.

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.

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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.

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.

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