Home   /   Resources   /   Industry News

Industry News

To search by topic, use the 'News by category' filter. To search by month and year, use the 'News by month' filter.

Kangadis files for bankruptcy following class action suits

Jun 13, 2014
| ,

New York-based olive oil and Mediterranean specialty foods producer Kangadis Foods, Inc. has filed for chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of New York. The company, which sells its olive oils under brand names that include Gourmet Factory, Capatriti and Porto, made headlines last February when the North…

Hard line proposed on flavored olive oil labeling

Jun 13, 2014
| ,

The days of flavoured olive oils being labeled ‘extra virgin olive oil’ or even just ‘olive oil’ could be numbered in International Olive Council (IOC) member countries. The IOC – the peak body governing the sector – is to consider advice next week that it apply a strict interpretation of its trade standard. That would…

Czechs pay the most for olive oil, EU survey shows

Jun 13, 2014
| ,

The average retail price of a liter of extra virgin olive oil ranged from €10.36 ($14.10) to €2.69 ($3.66) across 19 European Union countries, according to data compiled by the EU’s statistical office. The most expensive average was in the Czech Republic and the cheapest in the world’s biggest olive oil producer, Spain, though Eurostat…

Council seeks input on olive oil definitions and test methods

Jun 13, 2014
| ,

Stopping use of the descriptive terms ‘pure’ and ‘light’ – which have long misled olive oil consumers – is among changes sought by industry members that the International Olive Council is now seeking feedback on. Redefinition of the term “olive oil” – currently used for products containing a mix of refined olive oil and virgin…

News by category

News by month