08 May

Bottler year for WA’s olive oil industry

Olive oil production in WA is set to reach a record 2500 tonnes this year, with an increase in backyard growers keen to produce the golden oil. Producers are bottling the 2009 “vintage” and have said there are not enough presses to cope with supply from growers. Rises in production are being attributed to the […]

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 […]

25 Apr

Olive Oil Production Returns to Afghanistan

By Qadeem Weyar, Olive Oil production in Nangarhar restores this product to the country after a decade and half. The factory is reconstructed by the Italian government, funded $800,000 for the project. In addition of the oil, olive soap is also being produced in the factory. The industrial unit is provided with modern equipments and […]

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 […]

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 […]