Archive for the 'Europe | U.K' Category

04 Jun

Scientists Use Olive Industry Waste to eliminate heavy metals from sewage

The waste obtained from olive during the oil extraction process can be used to eliminate heavy metals from sewage or waste waters of productive activities.
Olive pits, pomace and remains (from olive tree pruning) present an outstanding capacity to retain the lead present in this water, which confirms their capacity as biosorbents for their application [...]

03 Jun

Spanish & Italian Olive Oil fraud’s adulteration

By Andrew Weil,
Q: I understand that a magazine reported that a lot of the olive oil from Italy is adulterated with lesser oils and described ongoing fraud in the olive oil business. Do you have any information about this?
A: I have read the article you mention, it reports that fraud remains a major problem in [...]

30 May

No recession for Olive Oil in UK

Britons with a taste for Mediterranean-style cooking are spending record amounts on olive oil.
Sales have topped £150million a year for the first time. That is double the amount sold eight years ago and significantly more than the £90million spent on vegetable oil.
Growing evidence of the health benefits of a Mediterranean diet is behind the trend. [...]

27 May

European Union set to support olive oil sector with storage aid

By Jeremy Smith & Anthony Barker,
European Union regulators suggested granting olive oil producers subsidies for private storage from as early as June as a way to prevent more price falls, the European Commission said on Monday.
The Commission’s proposal, to be discussed soon by national experts from the EU’s 27 countries, would allow subsidised storage of [...]

11 May

Spanish olive oil producers get support from the EU to expand export markets

In an effort to avoid the local drop in sales, Spanish wine and olive oil producers decided to join forces and boost the export market over the next year through promotion and marketing campaign also supported by the Spanish government and EU with a budget between 18 and 45 million euros.
The export market of these [...]

10 May

SOS Cuetara to issue 200 mln euros of shares to plug hole

Spain’s SOS Cuetara (SOS.MC) said on Sunday it would issue 200 million euros of new shares to plug a hole in its accounts after top executives were discovered siphoning off funds to buy shares in the olive oil bottler.
SOS said it was restating 2008 results and booking a loss after it emerged that chairman and [...]

10 May

Two Microsoft millionaires cultivate high-end Italian olive oil

By Melissa Allison & Amy Martinez,
This fall during the olive harvest in Italy, Dan McCarthy plans to have about 180 bottles of freshly pressed olive oil shipped by air from the 50-acre Tuscan estate of his former Queen Anne customers, Enzo Schiano and Claire Beliard.
To cover the airfreight, McCarthy & Schiering Wine Merchants will add [...]

02 May

SOS Cuetara’s top execs fired, shares suspended

by Tracy Rucinski & Rodrigo de Miguel,

Spain’s SOS Cuetara (SOS.MC), the world’s biggest olive oil bottler, said on Thursday it had fired its two top executives after discovering last month they had used company funds to buy SOS shares.
“SOS Group’s board, which met today, has fired Jesus and Jaime Salazar Bello as chairman and deputy [...]

09 Apr

Pakistan: Italians keen to invest in olive oil production

Italian investors are keen to invest in olive oil production in Pakistan, said Italian Ambassador Vincenzo Prati while addressing the National Conference on “Olive oil Production in Pakistan: result and way forward” at Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS-AAUR) on Wednesday.

He said there was a dire need to establish interaction between chambers [...]

09 Apr

Olive oil protects against heart attack, stroke

Portuguese researchers have identified a vital component of olive oil that gives greatest protection from heart attack and stroke.
Lead researcher Fatima Paiva-Martins from University of Porto has discovered an antioxidant called DHPEA-EDA that protects red blood cells from damage more than any other part of olive oil.
“These findings provide the scientific basis for the clear [...]

09 Apr

SOS Cuetara to sell Dante olive oil brand for EUR34m

Food group SOS Cuetara has agreed to sell its olive oil brand Dante and the other brands of its Minerva Oli unit to Italian sector player Mataluni for some EUR34m (USD45.6m).
The transaction, scheduled for completion in July, is in line with SOS Cuetara’s disinvestment programme.
Dante has annual sales of some 10 million litres and holds [...]

04 Apr

Greek festival to Promotes Olive Oil and Olives from Greece

The 3rd edition of the largest Greek festival dedicated to olive oil and olives will take place in the Peace and Friendship Stadium in Piraeus near Athens between April 10 and 12.
The Olive Oil and Olives Festival serves as both a meeting point for those involved in the whole production process, as well as a [...]

03 Apr

SOS Cuetara to sell Dante Olive Oil and Minerva Oli to Mataluni

Spanish food group SOS Cuetara has agreed to sell its olive oil brand Dante and the other brands of its Minerva Oli unit to Italian sector player Mataluni for some EUR34m (US$45.6m)
The transaction, scheduled for completion in July, is in line with SOS Cuetara’s disinvestment programme.
Dante has annual sales of some 10 million liters and [...]

12 Mar

Two Mediterranean Olive Oil Families Form an Alliance

Over 90% of all the olive oil in the world comes from groves in the Mediterranean region. Now two of the most prominent families from the region, Devico and Moreno, have formed an alliance to bring more high quality olive oil to the United States and the world.
Among the key beneficiaries of the alliance is [...]

12 Mar

Indigenous olive oil project reaches an ‘interesting stage’

Olive pressing increases 30 times in 10 years!
By Joanna Ripard,
Retired jeweller Sam Cremona’s brainchild, the Project for the Revival of the Indigenous Maltese Olive (Primo), is at an “interesting stage” and is just three years away from its interim target of 10,000 trees producing the Bidnija olive.
“We need to have 30,000 trees producing olives all [...]