09 May

Australia: Timbercorp olives sold to harvester

By Rachel Hewitt, The harvesting of Timbercorp’s giant olive crop will resume this morning after the company struck a $15 million deal to sell the fruit to its harvester. The fate of this year’s crop – at two olive groves in northern Victoria – was uncertain after the company’s April 23 collapse. The harvest must […]

09 May

Iran interested in Croatian olive oil

Iranian officials have said they are interested in importing olive oil from Croatia, the Croatian Agency for the Promotion of Exports and Investments (APIU) has said. The announcement came after an eight day official visit to Iran by an APIU delegation where they met Iranian Ministry of Economy officials. APIU head Slobodan Mikac said both […]

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 […]

01 May

The Healing Powers of Olive Oil

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