Archive for the 'Business' Category

04 Mar

Liquid Olive leaf extract makes European debut in UK

By Shane Starling, Australian olive leaf extract pioneer, Olive Products Australia (OPA), has gained a European-first distribution deal in the UK for its high-antioxidant liquid supplement. While olive leaf extracts already exist on the European market – predominantly in cosmeceutical formulations as well as teas and pill-form food supplements – OPA’s offering is one of […]

29 Feb

Health Benefits Key to Driving Olive Oil Sales Over $1 Billion by 2010

Marketable health benefits, along with a growing consumer interest in Mediterranean foods and unique regional flavor choices, are helping to drive an invigorated olive oil market in the U.S., which should surpass $1.3 billion by 2010, according to Olive Oil in the U.S., the latest market research from Packaged Facts. Packaged Facts projects that the […]

29 Feb

EU Seeks Answers From Italy Over Olive Oil Labels

The European Commission has given Italy two months to explain why it obliges olive oil producers to mark the origin of the olives on product labels in contravention of E.U. laws, a spokesman said Friday. “As far as we are concerned, that is not in conformity with European legislation, where voluntary labeling is possible but […]

25 Feb

Turkish Olive and olive oil producers and exporters seek compromise

An “Olive and Olive Oil Sector fact-finding” conference bringing together the sector’s 42 leading names was held to brainstorm ideas on producer premiums, European Union quotas, domestic consumption and promoting export facilities. During the conference the sector’s weak and strong points were discussed and proposals were designated. It was divided in five main working groups […]

24 Feb

Scrap import duty on olive oil in India

The Indian Olive Association has urged the Center to abolish the 45 per cent Customs duty on olive oil. “The import duty makes olive oil prohibitively expensive in India,” said a press release from V.N. Dalmi, President of the association. Run-up to Budget 2008-09 It pointed out that currently a 45 per cent Customs duty […]