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E-Malt.com NewsLetter
Newsletter Summary

RombBullet Quote of the week
RombBullet Currency rates
Important Industry job opportunities
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles



Industry job opportunities
Job.gif JOB ANNOUNCEMENT: Ganzberg Brewery Cambodia (June 2016)



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E-Malt.com Newsletter 45a
November 07 - November 09, 2016


Quote of the Week

Everything you've ever wanted is on the other side of fear.
George Addair

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Currency Rates


Base Currency: US Dollar
on November 09, 2016
Base Currency: Canadian Dollar
on November 09, 2016
      1 USD = 0.9057 EUR
1 USD = 0.8065 GBP
1 USD = 1.3362 CAD
1 USD = 1.2962 AUD
1 USD = 104.6400 JPY
1 USD = 3.1932 BRL
1 USD = 63.7364 RUB
1 USD = 6.7812 CNY
      1 CAD = 0.7483 USD
1 CAD = 0.6035 GBP
1 CAD = 0.6777 EUR
1 CAD = 0.9700 AUD
1 CAD = 78.3000 JPY
1 CAD = 2.3894 BRL
1 CAD = 47.6464 RUB
1 CAD = 5.0742 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news Canada, BC: Luppolo Brewing opens its doors in East Vancouver ...Click here
Brewery news Canada, ON: Stray Dog Brewing announces the debut of its first brand ...Click here
Brewery news Canada, ON: Sleeping Giant Brewing opens new and larger brewery in Thunder Bay ...Click here
Brewery news Canada, BC: Sooke Oceanside Brewery now open on the southern tip of Vancouver Island ...Click here
Brewery news Canada, AB: Rocky View Brewing becomes Alberta’s newest craft brewery ...Click here
Brewery news USA, CA: Laguna Beach Beer Company acquires Cismontane Brewing Company’s production facility in Ranch Santa Margarita ...Click here
Brewery news USA, CA: Luck and Courage Brewing LLC applies for small beer manufacturer license ...Click here
Brewery news USA, DC: Hellbender Brewery files for Chapter 11 bankruptcy ...Click here
World News
Brewery news World: At least six indicative offers submitted for group of beer brands being sold by AB InBev - sources ...Click here
Brewery news World: Carlsberg’s Q3 revenue drops 4% amid continued tough foreign-exchange environment ...Click here
Brewery news India: United Breweries reports 48.09% decline in net profit for Q2 to September 30 ...Click here
Hops news World: Hop crop 2016 “a return to normalcy” - Hopsteiner ...Click here
Brewery news Vietnam: Habeco now is one of most sought-after listed companies ...Click here
Brewery news Japan: Asahi Group Holdings poised to catch up with peers in overseas expansion ...Click here
Brewery news Vietnam: Sabeco files listing application to the HCMC Stock Exchange ...Click here
Brewery news Australia: Coopers Brewery books its 23rd year of continuous volume growth ...Click here
Brewery news The Democratic Republic of the Congo: Heineken’s subsidiary to shut down its brewery in central Congo ...Click here
Barley news UK: Net spring barley area may hit the second highest level in the last 20 years next year ...Click here
Brewery news Vietnam: Habeco to seek shareholders’ opinions on its listing on the Ho Chi Minh Stock Exchange soon ...Click here
Brewery news Japan: Suntory Beer Ltd. partially resumes production at factory in earthquake-hit Kumamoto Prefecture ...Click here
Graph of the Week


Table of the Week

German Hop Production in 2013-2016s


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



Scientific Digest


HOW MEANINGFUL ARE IBU VALUES?

ABSTRACT
US researchers looked into several parameters that can influence IBU values such as pH, ABV, alpha acid addition and dry hopping in general. In a pH range from 4.1 to 4.9 they found that below a pH of 4.35 bitterness is perceived less intensely and described with sour and astringent. Above 4.35 bitterness is perceived more intensely and described being lingering. It was also found that dry hopping actually reduces the perceived bitterness while increasing the tested IBU values.

Driesner K.: The IBU, pH, Dry Hopping, ABV and perceived bitterness
Read more

Source: Barth Innovations

These Days in Business History


07 November
1865 - London Gazette, oldest surviving journal, is founded
1867 - Marie Curie is born, French Scientist, discovered radium, Nobel 1903, 1911
1929 - The stock market sludges through a day of murky panic, as 2.4 million shares trade in the first half-hour, one of the heaviest openings yet on record

08 November
1789 - Bourbon Whiskey, 1st distilled from corn (by Elijah Craig, Bourbon Ky)
1793 - Louvre opens in Paris

09 November
1731 - Benjamin Banneker, the brilliant African-American mathematician and inventor, is born on a farm in Ellicott's Mills, Md
1801 - Gail Borden, Jr. is born to Gail and Philadelphia Borden in Norwich. After a decade of constant experimentation with preserving food, Borden is awarded is awarded a U.S. patent for condensed milk in 1856


Agenda

World Beer Cup 2016


November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)


December 2016:
15-17: drink technology India 2016 (Mumbai, India)


February 2017:
01-03: Finest Spirits 2017 (Munich, Germany)
04-05: Bruges Beer Festival 2017 (Bruges, Belgium)
10-12: Brau Kunst Live 2017 (Munich, Germany)
10-13: HoReCa 2017 (Athens, Greece)
17-19: Mondial de la Biere 2017 (Mulhouse, France)
18-21: Beer Attraction 2017 (Rimini, Italy)
22-25: CAMRA's National Winter Ales Festival 2017 (Norwich, UK)
23-25: Alltech Craft Brews & Food Fair 2017 (Dublin, Ireland)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)


March 2017:
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
16-18: BeerX 2017 (Sheffield, UK)
24-26: Barcelona Beer Festival 2017 (Barcelona, Spain)


April 2017:
07-08: Helsinki Beer Festival 2017 (Helsinki , Finland)
10-13: Craft Brewers Conference & BrewExpo America 2017 (Washington, D.C., USA)
12-14: Siberian Beer 2017 (Novosibirsk, Russia)
22-23: Zythos Beer Festival 2017 (Leuven, Belgium)


May 2017:
14-18: EBC 2017 (Ljubljana, Slovenia)
16-19: Beer 2017 (Sochi, Russia)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)


June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
14-18: Mondial de la Biere 2017 (Montreal, Canada)


More events are available on site www.e-malt.com



News Articles


Brewery news Canada, BC: Luppolo Brewing opens its doors in East Vancouver
What’s Brewing and The Georgia Straight both report that the latest entrant in the booming East Vancouver brewery district – aka “Yeast Van” – is now open to the public.

Luppolo Brewing opened late in October at 1123 Venables St., a short walk from several established breweries including Bomber, Off the Rail, and Strange Fellows.

Founded by two husband-and-wife teams – Ryan Parfitt and Eleanor Stewart, and Federico Stucchi and Anique Ross – Luppolo (Italian for “hops”) had a soft opening on October 28th, followed by a full launch on the 29th. Seven beers are currently on tap – Fresh Hop Belgian IPA, Mild, Dunkelweizen, IPA, Saison, New World Sour and West Coast Farmhouse Ale – and available for samples, flights, glasses, and growler fills.

Luppolo Brewing is open from 3:00 PM to 11:00 PM daily.


Brewery news Canada, ON: Stray Dog Brewing announces the debut of its first brand
The newest brewery in the National Capital Region has announced the debut of its first brand, Canadian Beer News reported on November 4.

Stray Dog Brewing is based in the Orléans district in the eastern part of Ottawa, and has been founded by homebrewers Justin MacNeill & Marc Plante and partner Gen Benay.

The first Stray Dog brand is This One, which the brewery describes as follows:

Our take on a California Common, a unique North American style with a rich history dating back to the Gold Rush era, This One is based on our award-winning recipe. It has a moderate malt presence, intertwined with balanced notes of toast and caramel, finished with hints of rustic wood and mint on the nose. It has a beautiful copper colour that finishes as crisp as an autumn morning. When your server asks what you’d like to drink, point at the menu and say, “I’ll have This One.”

Stray Dog This One is on tap now at select pubs in the Orléans area including OCCO Kitchen, Broadway Orleans Gardens, and D & S Southern Comfort BBQ, with more locations to come.

The Stray Dog brewing facility is not currently open to the public, but there are plans to ...More info on site


Brewery news Canada, ON: Sleeping Giant Brewing opens new and larger brewery in Thunder Bay
Ontario Beverage Network reports that Sleeping Giant Brewing has opened a new and much larger brewery at 712 Macdonell St. in Thunder Bay.

Located approximately 1.5 km northeast of Sleeping Giant’s original Cobalt Crescent location, the new facility features an expanded brewhouse with four times the capacity of the previous brewery, as well as a larger retail store selling cans, bottles, growlers and branded merchandise.

A taproom and events space are also in the works for coming months.

The new home of Sleeping Giant Brewing is open daily.


Brewery news Canada, BC: Sooke Oceanside Brewery now open on the southern tip of Vancouver Island
A new brewery with a name that aptly describes its location has opened on the southern tip of Vancouver Island, Canadian Beer News reported.

Sooke Oceanside Brewery is located at 1-5529 Sooke Road in Sooke, just minutes away from the island shore. The small brewery has been founded by married couple Ryan Orr and Karri Jensen, with brewer Garritt Lalonde overseeing the brewhouse.

Sooke Oceanside opened for the first time on November 3, and is offering four brands – Stiff Jab Pale Ale, Bonfire Blonde Ale, Renfrew Red Ale, and Bone Yard IPA – on draught in its tasting room, and in growlers to go.

Current operating hours are 11:00 AM to 8:00 PM on Wednesday to Sunday.


Brewery news Canada, AB: Rocky View Brewing becomes Alberta’s newest craft brewery
The rural community of Bearspaw, located halfway between Calgary and Cochrane in southern Alberta, is the home to the province’s newest craft brewery, Canadian Beer News reported on November 4.

Rocky View Brewing is a nano-brewery founded by homebrewer Lyle Thorsen, with a focus on three core brands – IPA, Amber and Blonde – and plans to release limited run seasonal beers in the future.

Rocky View IPA was officially launched last week, and is available in 650 ml bottles at select liquor stores in Calgary and Cochrane, with Amber and Blonde set to follow soon.


Brewery news USA, CA: Laguna Beach Beer Company acquires Cismontane Brewing Company’s production facility in Ranch Santa Margarita
Laguna Beach Beer Company on November 2 announced an agreement to acquire Cismontane Brewing Company’s production facility and tasting room in Ranch Santa Margarita, CA, The FullPint.com reported.

Laguna Beach Beer Company plans to expand the existing location to include a kitchen, additional seating and to rebrand the space as “Laguna Beach Beer Company @RSM ”, which will offer the Rancho Santa Margarita and surrounding Orange County communities a new destination to celebrate the joy of craft beer and great food. Cismontane retains its brand name and trademark and will continue its planned growth at its own new brewing facility and tasting room in Santa Ana, CA. The transition to Laguna Beach Beer Company @RSM is expected over the next few months, following the transfer of applicable permits and licenses. The two companies will continue to cooperate in the coming months as Laguna Beach Beer Company ramps up its production in the RSM brewery.

This agreement benefits both companies. The facility will provide Laguna Beach Beer Company with additional production capacity to support its planned brew pub in Laguna Beach (which is under development and scheduled to open in the spring of 2017). It will also provide a chance to introduce ...More info on site


Brewery news USA, CA: Luck and Courage Brewing LLC applies for small beer manufacturer license
It appears a new brewery, offering what is billed online as "beer for foodies," is planned for a business park in North Sacramento, Sacramento Business Journal reported on November 4.

Online records from the California Department of Alcoholic Beverage Control confirm Luck and Courage Brewing LLC has applied for a small beer manufacturer license at 201 Lathrop Way. The records list Jonathan and Nicholas St. James as the licensees. They did not immediately provide additional details.

The planned brewery already has a Facebook page, where its offerings are billed as "beer for foodies, by foodies." The new addition would join the Sacramento area's growing craft beer scene, which has attracted both locally owned breweries and some players from out of town.


Brewery news USA, DC: Hellbender Brewery files for Chapter 11 bankruptcy
Hellbender Brewery based in Northeast D.C. has filed for Chapter 11 bankruptcy. The brewery, which is readying to celebrate its second anniversary, owes its creditors more than $135,000, according to documents filed Nov. 1 in bankruptcy court, Washington City Paper reported on November 2.

"It’s Chapter 11, so it's a reorganization," says co-founder Patrick Mullane. "The business plan is to come out healthy." He says they're keeping quiet "so we don't go pissing off the judge" before court proceedings. "We're dealing with some issues that go beyond financial issues that need to be taken care of. Once the filings are made, we can talk about it."

After speaking with Y&H, Hellbender Brewery sent out a press release adding, "Hellbender took this action to address ongoing problems with its distributor and to restructure its current financial obligations."

Mullane says they will continue to operate business as usual, and no D.C. bars or restaurants who carry Hellbender Brewery products should be affected. "We hope to come out much more competitive, with much greater support," Mullane says.

According to the documents below, Hellbender Brewery owes Vanguard Realty Group $56,320 and the D.C. Office of Tax and Revenue $21,495.


Brewery newsWorld: At least six indicative offers submitted for group of beer brands being sold by AB InBev - sources
At least six indicative offers have been submitted by industry players and buyout funds for a group of beer brands being sold by Anheuser-Busch ...More info on site


Brewery newsWorld: Carlsberg’s Q3 revenue drops 4% amid continued tough foreign-exchange environment
Carlsberg A/S on November 9 posted a 4% drop in third-quarter revenue amid a continued tough foreign-exchange environment and as overall beer sales fell, ...More info on site


Brewery newsIndia: United Breweries reports 48.09% decline in net profit for Q2 to September 30
United Breweries - largest liquor producer in India - reported net profit of Rs 27.05 crore for the second quarter September 30, 2016, registering ...More info on site


Hops newsWorld: Hop crop 2016 “a return to normalcy” - Hopsteiner
World hop crop 2015 was a challenge for all participants. The crop was hampered by adverse weather that led to lower yields and below-average ...More info on site


Brewery news Vietnam: Habeco now is one of most sought-after listed companies
Vietnam's third largest brewer has become one of the most sought-after companies.

Eight years after its initial public offering, Habeco finally had its market debut late last month and quickly became one of the most sought-after listed companies, VnExpress International reported on November 5.

The third largest brewer in Vietnam has seen its stock soar 2.8 times since its debut at the Hanoi Stock Exchange's Unlisted Public Company Market. The rally has left the company valued at VND25.3 trillion or $1.14 billion.

Habeco, which controls 20 percent of the local market and a leader in the north, debuted on October 28 at VND39,000 and closed at VND109,500 on November 4.

Its listing came amid the Vietnamese government's renewed push for privatization of state-owned companies.

Foreign investors always have eyes on the brewer as they are attracted by the strong growth of Vietnam’s beer market, one of the biggest in Asia with an estimated annual output increase of 25 percent by 2020.

While the government owns 81.79 percent of Habeco, Danish brewer Carlsberg holds 17.23 percent and is looking to further increase its stake.

The Ministry of Trade and Industry, which manages the public stake in Habeco, is negotiating with Carlsberg on the deal.

When Carlsberg became the only ...More info on site


Brewery news Japan: Asahi Group Holdings poised to catch up with peers in overseas expansion
Japanese brewer Asahi Group Holdings may have been slower than its peers to expand abroad, but the company is poised to catch up with a string of acquisitions in Western Europe, the Nikkei Asian Review reported on November 7.

Asahi has completed its purchase of four companies, including Italy's Peroni and Dutch brand Grolsch, from Britain's SABMiller, which was taken over by the world's largest brewer, Anheuser-Busch InBev of Belgium. These units rang up about 86 billion yen ($834 million) in sales for the year ended in March. The deal raises overseas sales to about 16% of Asahi's total, up around 4 percentage points from the estimate for this fiscal year.

When President Akiyoshi Koji attended a mid-October gathering at a London hotel with representatives of the acquired companies, several asked him when they would be able to start selling Asahi's flagship Super Dry beer. "There is strong interest in Japan's beer technologies and brand marketing," Koji said.

Asahi plans to start producing and selling Super Dry in those locales as early as 2018. Though the product has barely penetrated the Italian and Dutch markets, Asahi thinks room for growth exists if it taps the premium-beer sales channels and expertise offered by Peroni ...More info on site


Brewery news Vietnam: Sabeco files listing application to the HCMC Stock Exchange
Vietnam's largest brewer Sai Gon Alcohol, Beer and Beverage Corporation (Sabeco), known for its iconic Saigon and 333 brands, has filed a listing application to the HCM Stock Exchange, eight years after its initial public offering in January 2008, Vietnam.net Bridge reported on November 8.

The company's decision took into account its listing standards, market size and reputation, liquidity and investor interest of the two national stock exchanges, in which the HCM Stock Exchange gains an upper hand over the Ha Noi Stock Exchange.

The listing timetable, as well as the reference price for the first trading day remains unclear, but Sabeco expects to finalise these issues by the end of this month.

Late in September, the Ministry of Industry and Trade approved Sabeco's listing on the HCM City's exchange and requested that the beer producer select a consulting firm to perform the listing procedures.

The listing of local beer producers has attracted big investors' attention over the last two months after the Government urged equitized State-owned companies to list shares on the stock exchange.

On October 28, 2016, Ha Noi Beer Alcohol and Beverage Joint Stock Corporation, known as Habeco, debuted its almost 232 million shares on the Unlisted Public Company Market (UPCoM), the ...More info on site


Brewery news Australia: Coopers Brewery books its 23rd year of continuous volume growth
Australia’s biggest locally-owner brewer, South Australia’s Coopers Brewery, has booked its 23rd year of continuous volume growth despite lean times for the brewing industry, which have seen per capita consumption collapse to lows not seen since World War II, The Australian reported on November 7.

However, tougher trading conditions in the US in the DIY home-brew sector has punctured the value of its American brewing business Mr Beer, with the offshore operation also losing some key accounts which triggered a A$7.5 million writedown for Coopers.

It meant that for fiscal 2016 Coopers actually recorded a 16.3 per cent slide in full-year net profit, the first time in a number of years that earnings have gone backwards for the nation’s third largest brewer.

Coopers, which is owned by the Cooper family, has posted a 3.3 per cent rise in beer sales for fiscal 2016 to a record 81.5 million litres.

The positive sales momentum means that for the past 23 years, Coopers has enjoyed compound sales growth of 9.2 per cent, at a time when total Australian beer sales have been contracting.

Releasing the company’s annual results, Coopers managing director Tim Cooper said packaged beer sales during 2015-16 had risen 3.8 per cent, while keg volumes ...More info on site


Brewery newsThe Democratic Republic of the Congo: Heineken’s subsidiary to shut down its brewery in central Congo
Bralima, Heineken’s subsidiary in the Democratic Republic of the Congo, will shut down its Boma brewery in central Congo on December 1, Jeune Afrique ...More info on site


Barley news UK: Net spring barley area may hit the second highest level in the last 20 years next year
Early GB planting intentions for harvest 2017 suggest that net spring barley area is expected to hit the second highest level in the last 20 years at 799 thousand ha (1.997 million acres), 17 per cent up on harvest 2016 but behind 2013, which was driven by poor conditions in the previous autumn, FG Insight reported on November 8.

The prediction comes from AHDB’s Early Bird Survey which also suggests oilseed rape (OSR) area will fall for the fifth consecutive year. At 557 thousand ha (1.392 million acres), if realised, this would be the lowest area planted to OSR in the UK since 2004 – 554 thousand ha (1.385 mln acres) and is forecast four per cent lower than this season – 579 thousand ha (1.447 mln acres). However, regional differences in area planted to OSR are expected for next year’s crop. The east of the country is expected to see a dramatic decrease in area planted of 28 per cent. This is due to cabbage stem flea beetle damage and a lack of moisture which made establishment difficult, according to AHDB. However, in other areas of the country, such as the Midlands, south of England and Scotland, the net area ...More info on site


Brewery news Vietnam: Habeco to seek shareholders’ opinions on its listing on the Ho Chi Minh Stock Exchange soon
The Hanoi Beer Alcohol and Beverage Corporation (Habeco) will soon seek shareholders’ written opinions on it listing on the Ho Chi Minh Stock Exchange (HoSE) in the fourth quarter, VietNam.Net Bridge reported on November 9.

The number of shareholders able to send written opinions on changing from the Unlisted Public Company (UPCoM) market to HoSE will be finalized on November 17, according to Vietnam Securities Depository (VSD).

Habeco expects to be listed in either November or December. Military Bank Securities Company (MBS) will be its consultant, according to VSD.

The listing occurs in the middle of negotiations that started on October 31 between Danish brewer Carlsberg and Habeco over additional stakes in the Hanoi-based brewer. Negotiations remained ongoing at the time of writing, according to unofficial reports. Neither side was willing to disclose any further information to VET.

Both Habeco and the Saigon Alcohol Beer and Beverage Corporation (Sabeco) have been equitized previously, with the State still holding 81.79 per cent of Habeco, its employees 0.56 per cent, other shareholders 0.88 per cent, and its strategic investor, Carlsberg, 17.08 per cent.

Together with Sabeco, the government is keen to divest from Habeco in 2016-2017. Carlsberg became its strategic shareholder in 2009. On October 28, all ...More info on site


Brewery news Japan: Suntory Beer Ltd. partially resumes production at factory in earthquake-hit Kumamoto Prefecture
Suntory Beer Ltd. partially resumed beer production at its factory in Kumamoto Prefecture on November 8, after nearly seven months of suspension due to strong earthquakes in the southwestern Japan prefecture from mid-April, Jiji Press reported.

The plant in the town of Kashima, for beer products and soft drinks, was the last to see production restart among major companies' disaster-affected plants in Kumamoto.


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