With the largest plant in the region, SolFrut seeks to double its share of its olive oil production
With an investment of USD 14 million, the company of the Phrónesis Group of José Chediack will open in 2021 a new factory with a storage capacity of 4,000 tons By 2021, SolFrut expects to inaugurate the largest olive oil plant in South America. “If finances favor us,” said José Chediack, head of Grupo Phrónesis, an agroindustrial holding that has four companies linked to the food industry. With a total investment of USD 14 million, it expects to double its storage capacity and expects its own…
Argentina is the worlds 5th largest exporter of Olive Oil
Olives are cultivated on more than 100 000 ha of land, concentrated in three regions-55 000 ha in the North-West region (provinces of Catamarca, La Rioja); over 9 500 ha in the Central region (provinces of Cordoba and Buenos Aires); and 40 000 ha in the Central-West region (provinces of Mendoza and San Juan) with 40 000 ha- which have been joined more recently by Neuquen. The bulk of the olive oil produced in Argentina is extra virgin grade. The industry provides direct employment for more than 15 000 people…
Argentina’s Olive Oil Production Expected to Double By 2020
Industry analysts have announced that olive oil is now the country’s fastest-growing agricultural commodity and expect production to double in size by 2020, according to the Agri-Food and Agribusiness Strategic Plan of Argentina’s Ministry of Agriculture, Livestock and Fisheries. Rapid growth and improved technology in recent years has positioned Argentina among the world’s top producers of olive oil and table olives. Exports generated over US$30 million in the first trimestre of 2011 alone. The industry…
