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Publication date: «14.11.2007». 18 articles
World: Above 2 million tonnes of new malting facilities will lead to an overcapacity in the malting industry within next 2-3 years The malt market is to turn from today’s deficit situation into an overcapacity in the next 2-3 years, according to the conclusions made by market analysts.
Soufflet alone, the world’s largest . . .
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14 November, 2007
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Australia: Foster's brewery production hampered by brewery strike There has been a drop in beer production at Foster's Yatala brewery, south of Brisbane, as employees strike for a second week, ABC News reported November 12.
The Electrical Trades Union . . .
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14 November, 2007
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USA: Pyramid Breweries reports weak 3rd quarter 2007 financial results Pyramid Breweries Inc reported a net loss of $101,000, or negative $0.01 per diluted share for the quarter ended September 30, 2007, compared to net income of $130,000, or $0.01 . . .
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14 November, 2007
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Europe: Brewers and malsters expected to start negotiations on barley and malt of 2008 crop New crop (2008) prices are EUR 40,- to 50,- per ton lower than those of crop 2007, according to analysts, November 2.
Two-row spring barley: Danish and Swedish, October, FOB . . .
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14 November, 2007
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USA: Redhook Brewery buys Widmer Brothers Brewing to create one of the largest U.S. craft brewers Redhook Ale Brewery of Woodinville has agreed to pay about $50 million in stock for Widmer Brothers Brewing in Portland, Seattle Times reported November 13. The new company, called Craft . . .
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14 November, 2007
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Romania: Top 3 beer producers exceed 1billion Euro in value The producers of the Bergenbier, Timisorena and Golden Brau brands boast a cumulated value of over 1.1 billion euros, according to the Yearbook "Top 100 Most Valuable Companies in Romania," . . .
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14 November, 2007
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UK: SABMiller launches $50 million Peroni Nastro Azzurro brand campaign SABMiller plc, one of the world’s leading brewers, announces that it will invest US $50 million in a new global brand campaign for its international premium Italian beer, Peroni Nastro . . .
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14 November, 2007
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Canada: Big Rock Brewery Income Trust 3rd quarter profit tumbles on decreasing sales For the three months ended September 30, 2007, Big Rock Brewery Income Trust net income declined by $1,311,000 from $2,685,000 in the same period in 2006 to $1,374,000 in 2007, . . .
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14 November, 2007
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Singapore: Asia Pacific Breweries reports strong organic profit growth for 2007 financial year Asia Pacific Breweries Ltd (APB) announced another year of strong growth in revenue and organic profit for FY2007, in a press release, November 13.
Attributable net profit before exceptional items (APBE) . . .
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14 November, 2007
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Australia: ABB Grain is facing stiff competition for AU$700 million domestic barley market from international marketers Former monopoly barley exporter ABB Grain is facing stiff competition for the AU$700 million Australian market from a host of international marketers, The Advertiser reported November 13.
The competition has come . . .
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14 November, 2007
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