Glossary of Bulk Oil Terms

Cold Press

Posted by Hannah Broaddus

Jan 22, 2013 10:00:00 PM

A term used to describe olive oil that has only undergone a cold water wash before pressing or spinning.  This term is used to describe Extra Virgin Olive Oil and means that no heat has been used during processing.  This is important because heat can reduce the overall quality of the oil extracted.

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COA

Posted by Hannah Broaddus

Jan 21, 2013 10:00:00 PM

Acronym for Certificate of Analysis.  It is a document provided with olive oil purchases that details the results of the chemical analysis performed on that lot of olive oil. 

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COO

Posted by Hannah Broaddus

Jan 20, 2013 10:00:00 PM

Acronym Certificate of Origin.  This is a document showing what country the olive oil was produced in.  Sometimes, this information may be combined with the Certificate of Analysis.  

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Co-op

Posted by Hannah Broaddus

Jan 19, 2013 10:00:00 PM

See manufacturing co-op.

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Country of Origin

Posted by Hannah Broaddus

Jan 18, 2013 10:00:00 PM

See Origin.

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Credit

Posted by Hannah Broaddus

Jan 17, 2013 10:00:00 PM

A benefit allowing customers to delay paying for their purchases by a certain number of days.  For many manufacturers, this allows their product stock to rotate and incoming funds to be processed before having to pay for new raw material inventory.  This is a beneficial service offered by a seller only to dependable customers with positive credit ratings and references from past business interactions.

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Delivered Pricing

Posted by Hannah Broaddus

Jan 16, 2013 10:00:00 PM

The total price of a product, including any taxes, additional fees and shipping costs.  This is the price of the product, landed at the customers warehouse doors.  It is the most important cost to consider as a customer is doing comparisons.  

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Drum

Posted by Hannah Broaddus

Jan 15, 2013 10:00:00 PM

55 Gallon DrumA drum is a common industrial packaging size in a cylindrical shape, with a hole on top used to get the oil out.  In the food manufacturing industry, these drums are typically made out of steel.  Plastic, cardboard, wood, and other materials are sometimes used for other purposes.  Centra Foods carries the most common 55 gallon size. 

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Environmentally-Friendly Packaging

Posted by Hannah Broaddus

Jan 14, 2013 10:00:00 PM

BIB Three LiterPackaging that is either recyclable, BPA free, or reduces the amount of left-over packaging material that must be disposed of.  

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Expeller Pressed

Posted by Hannah Broaddus

Jan 13, 2013 10:00:00 PM

Oil that is pressed using mechanical pressing or spinning means only, without the use of an chemicals, additives or solvents.  

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