Industry News
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The New York International Olive Oil Competition (NYIOOC) has announced the appointments of the three panel leaders for the fifth edition of the world’s largest and most prestigious olive oil competition … The panel leaders for the 2017 NYIOOC are Miciyo Yamada from Japan, Lina Smith from the United States and Robert Harris from Australia.…
Food Innovation Australia Limited (FIAL) has renewed its partnership with Efic, Australia’s export credit agency, continuing the relationship aimed at helping Australian food and agribusinesses secure finance to access new export markets. Efic provides a range of export finance solutions to Australian small and medium enterprise (SME) exporters and those in an export supply…
The Fleurieu Olive Harvest Open Day is on again this year, being held on Sunday, 7 May from 10am-4pm at Nangkita Olives, Tooperang, SA. This fun, family event offers the change to learn all about olives – pick, plant, prune, press and pickle – with a host of the best local growers and allied food…
The Spanish multinational olive oil processing company Deoleo, the world’s largest bottler of brands like Carbonell, Hojiblanca and Kiope sold in more than 80 countries, is faltering. The company ended 2016 with a loss of €179 million and such figures have placed the firm in a state of near dissolution. https://www.oliveoiltimes.com/olive-oil-business/global-olive-oil-giant-deoleo-brink-dissolution/55702
Agricultural tomato wastes could be used to produce valuable functional ingredients as part of a sustainable strategy that uses sustainable extraction methods and contributes to a bio-economy, say researchers. There’s a great R&D report on this topic in the March edition of Olivegrower & Processor, arriving in letterboxes soon. If you’re not a subscriber, you…
A lawsuit against Dr. Oz alleging that the popular talk show host made negative statements about imported olive oil on his show has been dismissed.
Olive oil prices continue their steady rise and with the highest rates usually paid at the season’s end, there’s little consensus on how high they’ll go. https://www.oliveoiltimes.com/olive-oil-business/olive-oil-prices-spain-close-to-4-euros/55490
The French brand Chanel has chosen ingredients from the Blue Zones of the world to formulate a new serum with antioxidant and rejuvenating attributes, including coffee from Costa Rica, mastic from Greece, and olives from Sardinia. https://www.oliveoiltimes.com/olive-oil-business/chanel-taps-bosana-olives-sardinia-new-youth-serum/55587
In recent years, California’s olive oil industry has been growing and gaining recognition. Headwinds in Europe, which range from bad harvests to food scandals could provide additional traction for producers in the state. https://www.oliveoiltimes.com/olive-oil-business/perfect-storm-california-olive-oil/55581
Jeff Bezos, the billionaire founder of Amazon and noted space buff, plans to send olive oil into space in an experiment to determine how zero gravity affects food. https://www.oliveoiltimes.com/olive-oil-basics/olive-oil-heads-space-bezos-rocket/55585