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E-Malt.com Newsletter 05a
February 01 - February 03, 2021
Quote of the Week
Every failure is a step to success.
William Whewell
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Currency Rates
Base Currency: US Dollar
on February 03, 2021 |
Base Currency: Canadian Dollar
on February 03, 2021 |
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1 USD = 0.8298 EUR
1 USD = 0.7315 GBP
1 USD = 1.2815 CAD
1 USD = 1.3138 AUD
1 USD = 104.9900 JPY
1 USD = 5.4009 BRL
1 USD = 75.8939 RUB
1 USD = 6.4571 CNY
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1 CAD = 0.7802 USD
1 CAD = 0.5707 GBP
1 CAD = 0.6474 EUR
1 CAD = 1.0250 AUD
1 CAD = 81.9100 JPY
1 CAD = 4.2137 BRL
1 CAD = 59.2116 RUB
1 CAD = 5.0378 CNY
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Currency Rates Chart
Equities of the Largest Breweries
China & France & Canada: China keeps sweeping up huge volumes of French and Canadian barley
...Click here
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USA: Spirits sales rise in 2020 despite pandemic and higher tariffs
...Click here
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USA, MI: Saucy Brew Works announces its first location in Detroit
...Click here
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USA, TN: Hampline Brewing Company launching in Memphis on January 31
...Click here
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Canada, BC: Bad Dog Brewing Company now open in Sooke
...Click here
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USA, PA: John Russell Brewing Co. opens its doors to guests in Erie
...Click here
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USA, SC: Veteran-owned Savage Craft Ale Works opens in West Columbia
...Click here
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USA, AR: Native Dog Brewing holds soft opening in Camden
...Click here
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USA, WA: Salish Sea Brewing taking over former American Brewing Company’s location in Edmonds
...Click here
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USA, SD: Sturgis Brewing Company looking to start manufacturing beer at its new facility by April
...Click here
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UK: Marston’s rejects US private equity group takeover offer
...Click here
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The Czech Republic: An average Czech consumes 292 beers, 100 glasses of wine and 175 shots of hard alcohol per year
...Click here
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Kenya: East African Breweries sees 3% net sales decline in half-year ended December 2020
...Click here
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UK: Scotch whisky exports see £500 mln losses as a result of US tariffs
...Click here
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Russia: Prime Minister approves adjustment of export tax for wheat, introduces tariffs for barley and corn
...Click here
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UK: Heineken acquires full ownership of London’s Brixton Brewery
...Click here
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South Africa: Brewers welcome lifting of third blanket ban on alcohol but fear for future
...Click here
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Australia: Brewers Association slams latest excise hike
...Click here
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Graph of the Week
Table of the Week
Australia Barley Supply and Disposition
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
How much creep do I get?
ABSTRACT
Dry-hopping brewers are aware of "hop creep". Dry hop creep is a gradual reduction in beer gravity after dry-hopping in the presence of yeast due to generation of fermentable sugars
from nonfermentable dextrins by hop-associated enzymes. However, it is very important for brewers to know what hop creep will do to their beer in terms of alcohol content, degree
of fermentation and generation of CO2. A new paper proposes a method adapted from ASBC Method of Analysis Wort-5 whereby a benchtop, forced fermentation is performed using a consistent dosage rate for dry-hopping and assessing the apparent extract and apparent degree of fermentation after 72 hours. This approach offers brewers the potential of estimating the enzymatic power, or hop creep potential, of the hops being evaluated. The researchers discovered challenges with changing the form of yeast (dried vs wet). Results indicated that a small-scale dry-hopped forced fermentation is a promising tool for assessing the potential magnitude of hop creep in a given lot of hops, and that differences in apparent extract and/or apparent degree of fermentation of forced fermentations can be used to estimate the terminal gravity post-hop creep of full-scale fermentations.
REFERENCES:
A. Stokholm, L. N. Rubottom and T. H. Shellhammer, Evaluating a benchtop fermentation method for estimating dextrin degradation by hop diastatic enzymes during dry-hopping. Brewing Science, 73 (November/December 2020), pp. 140-148
Source: Barth Innovations
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These Days in Business History
01 February
1788 - 1st US steamboat patent issued, by Georgia to Briggs & Longstreet
1884 - 1st volume of the Oxford English Dictionary, A-Ant, published
1898 - 1st auto insurance policy in US issued, by Travelers Insurance Co
1968 - World trade conference Unctad 2 opens in New Delhi
02 February
1914 - The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established
1947 - Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy after rogue trader Nick Leeson loses more than $1.4 billion on unauthorized (and apparently unsupervised) trades in Japanese stock futures
03 February
1690 - 1st paper money in America issued (colony of Mass)
1815 - World's 1st commercial cheese factory established, in Switzerland
1995 - Astronaut Eileen Collins becomes the first woman to pilot the Space Shuttle
2015 - For $15 million, the United States purchases the entire territories of Arizona, California, New Mexico, and Texas, along with parts of Colorado, Nevada, and Utah, from Mexico under the Treaty of Guadalupe Hidalgo
Agenda
February 2021:
09 - 13: Great British Beer Festival Winter 2021 (Online)
23 - 24: IBD Asia Pacific Convention 2021 (Online)
March 2021:
16 - 16: Beviale Mexico 2021 (Online)
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
23 - 23: Beviale Mexico 2021 (Online)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
12 - 14: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
20 - 20: EBC Symposium 2021 (Online)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
18 - 20: Beer 2021 (Sochi, Russia)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
October 2021:
04 - 08: Drinktec 2021 (Messe München, Munich, Germany)
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
News Articles
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China & France & Canada: China keeps sweeping up huge volumes of French and Canadian barley
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China's buying spree of French and Canadian barley is spilling into the 2021/22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said.
China has been sweeping up huge volumes of foreign crops to help feed a pig herd being rebuilt after a disease epidemic. In barley, an 80.5% tariff slapped on Australian supplies last year, amid diplomatic tensions with Canberra, has focused demand on other suppliers, Reuters reported on February 3.
A large amount of Canada's 2021 barley crop has already been booked by Chinese buyers, traders said, with one citing at least one million tonnes.
That would be in line with at least one million tonnes of new-crop European barley thought to have been sold so far, traders said.
Some said France would supply the European volume, with one trader putting French sales at up to 2 million tonnes, although others said the sales were on an optional basis and could be sourced partly from Ukraine.
Shipment would be mainly over July-September, traders added.
Barley export premiums for this summer's French crop surged last week as traders said exporters covered some of their hefty advance sales made to China since late
...More info on site
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USA: Spirits sales rise in 2020 despite pandemic and higher tariffs
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U.S. spirits sales rose in 2020 despite the double whammy of the pandemic and tariffs. In its 2020 Economic Briefing, the Distilled Spirits Council of the United States (DISCUS) credited a combination of consumers upgrading to super-premium spirits as "affordable luxuries" as they sheltered in place and creative approaches in states and cities to support the hospitality business, the Food Dive reported on February 1.
Supplier sales of spirits rose 7.7% in 2020 to $31.2 billion, with volumes up 5.3%, according to DISCUS. Total beverage alcohol sales by volume increased 3%. Spirits were able to gain 1.3 percentage points in market share over beer and wine in 2020, commanding 39.1% of total beverage alcohol sales. This marks the 11th consecutive year of market share gains for spirits, according to DISCUS. Each point in market share represents an additional $800 million in revenue for suppliers, the group said.
This growth came despite a series of retaliatory tariffs slapped on U.S. alcohol segments, including spirits, by the European Union that were triggered by an escalating trade dispute. An early spike in off-premise consumption helped offset revenues lost from restaurant and bar closures. DISCUS applauded new legislation in 18 states that allowed to-go cocktails
...More info on site
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USA, MI: Saucy Brew Works announces its first location in Detroit
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Saucy Brew Works has announced the March 3, 2021 opening of its first location in Detroit, Michigan, located in one of the city’s most iconic neighborhoods, Brush Park. The exciting new brewpub and coffeehouse at 2671 John R. will be the first restaurant to open within Bedrock’s City Modern mixed-use community development, Brewbound reported on February 1.
Craft beer aficionados and novices alike will be able to enjoy the 5,700 square-feet space featuring both indoor and outdoor seating. Saucy Brew Works, owned and operated by Brent Zimmerman and Eric Anderson, utilized the expertise of Sachse Construction as the Construction Manager for this innovative project.
Guests can expect a variety of beers- Saucy Brew Works brews everything from classic German and American beers, to experimental yeast and wild type beers. The brewery sports three core cans- Habituale, a Kölsch Style Golden Ale; Juicy Asap, an American IPA; and Love You, Bye, a Hazy Imperial IPA. Seasonal offerings include everything from a Christmas ale and German-style Oktoberfest, to stouts and fruit-flavored beers.
Foodies will be thrilled to indulge in a wide variety of fare that adds to the Saucy Brew Works’ experience. The menu consists of shareables involving meatballs, roasted cauliflower and Bavarian pretzels as
...More info on site
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USA, TN: Hampline Brewing Company launching in Memphis on January 31
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Memphis is getting a new small-batch, craft brewery.
Hampline Brewing Company opens Saturday, January 31 at 584 Tillman St. in the Binghampton neighborhood, The Commerical Appeal reported.
The brewery is a collaboration between brewer Wes Osier and two of the partners at the Rec Room — Martha Hample and Richard Rhodes.
The 2,500-square-foot brewery gets its name from the Hampline Bike Path, and the brewing facility is in the building just behind the Rec Room.
A state-of-the-art brewing system was installed at the facility. Osier, who previously worked with Urban South and Abita Breweries (New Orleans), Terrapin Beer Co. (Athens, Georgia) and SweetWater Brewery (Atlanta), plans to produce 500 barrels in the brewery’s first year.
“My vision is to bring new beer styles such as New England IPAs and mixed culture sours along with Old World German, Belgian and British styles to Memphis beer lovers,” said Osier.
Hampline is opening with two signature brews both on draft and in cans, and a third on tap only.
New England IPA “Handlebar Haze” and “Memphis Natch” lager, named for the first bear at the Memphis Zoo and inspiration for their logo, will be available by the can or draft starting Saturday. The "Dunk Tank," a brown Oktoberfest dunkel lager,
...More info on site
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Canada, BC: Bad Dog Brewing Company now open in Sooke
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After two years of hard work in renovating a 120-year-old former firehouse, Bad Dog Brewing Company has opened on 117 Water Street in Sooke, BC, The Winsted Phoenix reported on January 29.
The company is owned by the Tkac family of Bristol: Matt Tkac, his wife Michele, their son Chris, and their daughter Emily.
The business officially opened its doors on Saturday, Jan. 30. However, it previously had a soft opening the week before.
Matt Tkac was previously an engineer with his own company before he and his family started Bad Dog Brewing Company.
“We started brewing beer at home and we enjoyed it,” Tkac said in an interview with The Winsted Phoenix. “My son found his passion in brewing beer, and then we started talking about opening this up. We wanted a place with a feel of character, space, and history. This firehouse provides all of that.”
Tkac said that fixing up the old firehouse for two years was like “This Old House on steroids.”
“We found a lot of things in this firehouse that we were able to save, including fire extinguishers, fire equipment, and a fire truck,” Tkac said. “It was a big learning experience for us. The people at City Hall helped
...More info on site
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USA, PA: John Russell Brewing Co. opens its doors to guests in Erie
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The long-awaited transformation of the UPick6 Beer Store at 7520 Peach St. in Erie to John Russell Brewing Co., is finally complete and the doors opened to guests Wednesday, January 27, GoErie.com reported.
"We didn't market the date," said co-owner John Melody Thursday. "We let the news get out into the community itself and by 7 p.m. (Wednesday)," they had a respectable number of customers, he said.
Melody and his partner, Russell Stachewicz, had no idea when they started this project that it would take more than a year to realize, but COVID-19 and subsequent restaurant restrictions made it a frustrating stop-and-go process. Finding staff was a challenge, too.
"It was a long road," Melody said.
But the brewery, which has been making beer for months to be sold in the partners' other bars in the UPick6 family — Harbor House, Public House and Tap House — is officially open now, at 50% capacity like other dine-in restaurants.
Melody said they'd expand their patio and outdoor seating in the spring, as he expects COVID-19 will still be an issue.
"I don't know, but I would say (restrictions will still be in place) until well into the spring and early summer," he said.
For now, he's
...More info on site
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USA, SC: Veteran-owned Savage Craft Ale Works opens in West Columbia
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A new brewery has opened in West Columbia, WIS10 reported on January 30.
Savage Craft Ale Works is a veteran-owned beverage company. The staff also consists of military veterans.
The company states its mission is to “make quality beer, help make West Columbia and surrounding communities a great place to work and live, take care of our employees, and [support] veterans, law enforcement and first responders.”
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USA, AR: Native Dog Brewing holds soft opening in Camden
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Native Dog Brewing held its long awaited soft opening Thursday, January 28 night with a packed house in attendance, the Camden News reported.
The dog-friendly microbrewery has been eagerly anticipated and owners Bobby and Lauren Glaze provided members of the Mug Club, a VIP membership package sold through nativedogbrewing.com, a sneak peak at what Camden’s only microbrewery has to offer.
Bobby Glaze learned the art of brewing from his uncle at an early age.
“Before I was able to legally buy beer, I started brewing beer,“ Glaze explained.
While he was in pharmacy school, he picked the hobby back up and applied the skills he was learning to perfect his craft.
“I started learning more about the chemistry, the microbiology. For someone who is science minded, brewing beer is just one big science project,” he said.
Also while in pharmacy school Bobby met his wife, Lauren, and while they were both completing an internship at a pharmacy in South Dakota, the name Native Dog came into their lives in the form of a scruffy puppy named Baxter.
“We went out there and spent about a month and a half there; about halfway through, this scruffy little dog kept breaking into the clinic we were working out. We
...More info on site
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USA, WA: Salish Sea Brewing taking over former American Brewing Company’s location in Edmonds
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Salish Sea Brewing, Edmonds’ beloved brewpub, is taking over American Brewing Company’s location, as well as the brewing equipment within it, the Washington Beer Blog reported on January 21.
Salish Sea Brewing will now have two locations in Edmonds, one in the heart of downtown and the other a half-mile down the street near the marina.
The company is not taking over the American Brewing brand.
Salish Sea Brewing opened its brewery and diminutive taproom in 2013 and then expanded in 2017. The brewpub, just a block off Main Street, a beloved beer and food destination, is a valued member of Edmonds’ tight-knit community. The brewery and pub will remain essentially unchanged, though taking over the American Brewing location will free up some space.
According to Jeff Barnett, the owner/brewer at Salish Sea Brewing, the exact plan is still coming together, and it is too early to project a realistic opening date. Jeff says the majority of the brewing will happen down the street at the new location, with the brewpub’s current brewing system getting replaced with a smaller, pilot system. That will free up some space for more seating.
Regarding the new-to-them location and brewing system, Jeff says, “We are currently in the permit
...More info on site
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USA, SD: Sturgis Brewing Company looking to start manufacturing beer at its new facility by April
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An 18 thousand square foot building right off of Interstate 90 in Sturgis will be home to the Sturgis Brewing Company with a gift shop, full kitchen, and craft beers, KotaTV reported on January 30.
This brewery is a spin-off of the Knuckle Brewing Company in downtown Sturgis, they say they can’t up demand so they built a larger building.
And with this new space, they will be able to expand their reach further east and into Nebraska.
But staying home, Owner Bryan Carter hopes it brings more people to the city of Sturgis.
“I just hope it gets more cars in town, more people stopping and shopping in Sturgis. It’s going to be a beautiful facility right off the exit and we just want to take the opportunity to capture some of the tourists that are coming off along I-90 and hopefully we can get them to continue on downtown to see famous Main Street and do some shopping,” says Carter.
Carter hopes to be manufacturing beer in the space by April and have the rest of the building open by Memorial Day weekend.
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Germany: Beer consumption down to 1958 level
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According to the German Brewers’ Association, the nation’s beer consumption showed a record decline last year. On average, each German citizen consumed 88 litres
...More info on site
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Russia: Beer production up by 3.3% in 2020
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Russia’s beer production increased by 3.3% to 79.5 mln hl last year, Profibeer reported citing official Rosstat data.
Among other alcoholic beverages, cognac output dropped
...More info on site
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UK: Marston’s rejects US private equity group takeover offer
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Marston’s, the UK pub group, has rejected a £693 mln offer from the Beverly Hills-based private equity group Platinum Equity on the basis that
...More info on site
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The Czech Republic: An average Czech consumes 292 beers, 100 glasses of wine and 175 shots of hard alcohol per year
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According to the Czech Statistical Office, an average Czech consumes 292 beers, 100 glasses of wine and 175 shots of hard alcohol annually. “The latest comparative study by the World Health Organization ranked us third in the world in terms of alcohol consumption per capita. According to this study, the average Czech drinks 14.4 litres of pure alcohol per year,” said Ladislav Csémy from the National Institute of Mental Health, as quoted by Brnensky Denik.
The study says that one reason for the heavy alcohol consumption in the Czech Republic is the low cost and easy accessibility of alcohol. An average Czech household spends nearly CZK 8,800 per year on beer alone. However, this works out as more of a liability than an economic boon, as the country spends over CZK 56 billion treating health problems related to alcohol consumption, such as liver cancer, mental disorders or high blood pressure.
However, help could be at hand. Researchers from the Biological Center of the Academy of Sciences in České Budějovice are working on new types of beer which would include substances that fight against harmful bacteria and cancer. In the first month of 2021, the researchers announced that by using bitter
...More info on site
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Kenya: East African Breweries sees 3% net sales decline in half-year ended December 2020
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East African Breweries Limited (EABL) continues to bank on eCommerce and off-trade to drive its sales this year, after recovering from a tough first
...More info on site
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UK: Scotch whisky exports see £500 mln losses as a result of US tariffs
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Losses to Scotch whisky exports have reached £500 mln as a result of tariffs imposed by the US, according to an industry body, the
...More info on site
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Russia: Prime Minister approves adjustment of export tax for wheat, introduces tariffs for barley and corn
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Russia’s Prime Minister Mikhail Mishustin has signed a decree adjusting the export taxes on wheat and introducing tariffs for barley, and corn, aiming at
...More info on site
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UK: Heineken acquires full ownership of London’s Brixton Brewery
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Heineken has acquired full ownership of London’s Brixton Brewery, following the acquisition of a minority stake in 2017, BeverageDaily.com reported on February 2.
Brixton Brewery was founded in 2013 by two local couples who met in a Brixton bar and shared a passion for the emerging London beer scene.
Starting life with one employee and mainly making deliveries on foot around Brixton Market, the 2017 investment from Heineken funded a purpose-built brewery and kept the brewery’s original railway arches site as a tap room and experimental brewery.
The company now employs 25 people, and its brand is based on the Brixton community, such as naming beers after local landmarks.
Jez Galaun, founder of Brixton Brewery, said the business has built a strong relationship with Heineken over the last three years and benefited from the Dutch multinational company’s expertise.
“When we look back over the past seven years, we honestly can’t believe how far we’ve come – from home brewing to starting a small brewery, to building a highly recognisable community-based brand, with a large new brewery and Tap Room. It makes us want to dream even bigger for the next seven.
“We will still manage the brewery and have creative control
...More info on site
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South Africa: Brewers welcome lifting of third blanket ban on alcohol but fear for future
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A relieved Beer Association of South Africa (BASA) has welcomed the lifting of the third blanket ban on alcohol by President Cyril Ramaphosa in his address to the nation on February 1, but cautioned that the sector is still hamstrung by restrictions, the Independent Online reported.
This follows BASA’s multiple pleas to government for urgent intervention, in order to ensure both the survival of the industry, as well as the survival of small businesses and craft breweries, who find themselves on the brink of closure.
BASA indicated that with trading restrictions still in place, it will continue to limit the beer sector’s recovery, with there being no guarantee that craft brewers will recover.
“The President has offered small businesses a glimmer of hope - although it may be too little too late for some,” BASA said in a statement last night.
Trading may resume according to the following restrictions – the sale of alcohol for off-site consumption is to be permitted from Monday to Thursday, from 10:00 – 18:00, while micro-breweries will be allowed to sell alcohol for off-site consumption during their licensed operating hours.
Restaurants will be permitted to sell alcohol for on-site consumption from 10:00 – 22:00.
’’The situation faced by small business owners
...More info on site
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Australia: Brewers Association slams latest excise hike
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Beer drinkers and the hospitality sector have been hit with higher taxes from February 1 as government excise once again increased, the Brewers Association of Australia said in an official press-release.
With the hospitality sector still battling to recover from the economic impacts of Covid-19 and many households facing real economic uncertainty, this is a terrible time for a further tax increase on beer, the Association said.
Australians already pay the fourth highest beer tax in the industrialised world and these continued increases are damaging the brewing industry and the nation’s hospitality sector.
Australians have demonstrated consistently that they understand the importance of drinking in moderation with Australian alcohol consumption now at its lowest levels since the 1970s – local drinkers have earned some relief.
Many beer drinkers will feel the impact of the tax increase, especially at a time of real cost of living pressures.
Australia’s tax regime is out of step with many other similar countries. Early last year, in response to the Covid-19 pandemic Germany deferred its beer tax from the equivalent of 13 Australian cents to zero and Britain froze its beer tax at $1.52 (AUD).
The US Federal Government also passed legislation at the end of December making permanent significant tax
...More info on site
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