|
Newsletter Summary
Last five graphs
Note: All graphs issued with e-malt.com newsletters
are published in "Graph" section
of e-malt.com site.
Last five tables
All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.
Last five prices evolutions
Access to E-malt.com
Do you know
E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Newsletter 44b
October 31 - November 03, 2013
Quote of the Week
"The future enters into us, in order to transform itself in us, long before it happens."
Rainer Maria Rilke
|
You are one of the
45,000 professionals of the brewing and malting industries
from
197 countries
receiving our free bi-weekly
E-malt Newsletters
published since 2001. You seem to be pleased by getting them as we have registered something like
3 mln readings.
To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
A one-year membership costs only 169,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.
You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!
CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 169, - Euros
Two-year individual subscription: 299, - Euros
Save money when your colleagues join:
One-year group subscription for 2-5 members: 349, - Euros
One-year group subscription for 6-10 members: 519, - Euros
One-year group subscription for 11-20 members: 689, - Euros
One-year group subscription for 21-50 members: 919, - Euros
One-year group subscription for 51-100 members: 1149, - Euros
For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381;
Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)
|
Currency Rates
Base Currency: US Dollar
on November 01, 2013 |
Base Currency: Canadian Dollar
on November 01, 2013 |
| |
1 USD = 0.7315 EUR
1 USD = 0.6237 GBP
1 USD = 1.0460 CAD
1 USD = 1.0543 AUD
1 USD = 98.3554 JPY
1 USD = 2.2019 BRL
1 USD = 32.0809 RUB
1 USD = 6.1347 CNY
|
|
1 CAD = 0.9562 USD
1 CAD = 0.5964 GBP
1 CAD = 0.6995 EUR
1 CAD = 1.0081 AUD
1 CAD = 94.0480 JPY
1 CAD = 2.1055 BRL
1 CAD = 30.6759 RUB
1 CAD = 5.8660 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
USA, OK: Avery Brewing announces return to Oklahoma market following company expansion
...Click here
|
|
Canada, AB: Calgary’s Big Rock Brewery returns to craft beer scene
...Click here
|
|
USA: Beer industry sees gains in dollar and volume in 2012
...Click here
|
USA & Canada: Barley prices soften on news of good harvest
...Click here
|
|
Canada, NL: Labatt Brewery sales not affected during labour dispute
...Click here
|
|
USA, CO: Black Shirt Brewing expands, adds beer canning line
...Click here
|
|
USA, WI: Big Head Brewing opens in Wauwatosa, Milwaukee suburb
...Click here
|
|
USA, PA: Victory Brewing Company releases Hop Ranch Imperial IPA
...Click here
|
|
USA, NE: Lucky Bucket announces return of Snowsuit Spiced Belgian Abbey Ale
...Click here
|
|
USA, SD: Prairie Berry starting Miner Brewing Company
...Click here
|
|
Canada, NB: Railcar Brewing announces new location in Florenceville-Bristol
...Click here
|
|
USA: Boston Beer enjoys 30% increase in Q3 net revenue
...Click here
|
|
Canada: Canadian Malting Barley Technical Centre releases the recommended barley varieties list for 2014-15
...Click here
|
|
USA, ND: Malting barley seen as good fit for producers in western North Dakota
...Click here
|
|
USA & Australia: ADM expects to achieve all regulatory approvals for GrainCorp acquisition soon
...Click here
|
|
Belgium: AB InBev beats thirg-quarter profit forecasts
...Click here
|
Australia: Cargill Australia Limited completes the acquisition of Joe White Maltings
...Click here
|
|
Zambia: Zambian Breweries says construction of malting plant not halted, the company is only reviewing its entire business operations
...Click here
|
|
Brazil: Ambev’s Q3 net profit declines due to lower beer sales
...Click here
|
|
Denmark & China: Carlsberg gets approval to raise its stake in Chongqing Brewery to 60 percent
...Click here
|
|
Germany: Beer sales up 3.2% in the third quarter of this year
...Click here
|
|
Japan: Kirin Brewery reports 229.7% increase in January-September net income
...Click here
|
|
Brazil: AB InBev expects decline in Brazil’s beer market
...Click here
|
|
India: Carlsberg now claims the second largest beer maker rank in five large beer markets in India
...Click here
|
|
Africa: Drinks giants in head-to-head scramble for market share in Africa
...Click here
|
|
Japan & Philippines: Kirin interested in buying the rest of San Miguel Brewery Inc. if approached
...Click here
|
|
South Africa: SABMiller says workers strike won’t affect production
...Click here
|
|
The Netherlands: Heineken extends sponsorship of UEFA Champions League by three years
...Click here
|
Graph of the Week
Table of the Week
United States Hops Production by Variety 2008 - 2013
Prices Evolution
Barley Prices
Canadian Malting and Feed Barley Prices
US Malting and Feed Barley Prices
French Malting and Feed Barley Prices
Theoretical Malt Prices
Canadian Malt Prices
US Malt Prices
Theoretical EU Malt Prices
Scientific Digest
The similarities between beer aging and
biotransformation
ABSTRACT
Have you ever wondered what happens to the bitter
acids in your beer that you swallow inside of you ?
Belgian researchers have, and using liver
microsomes isolated from rabbit liver and human
microsomes they found that metabolism of beta-acids was
mainly characterized by conversion into hulupones and
the formation of a series of tricyclic oxygenated
products. The most important metabolites of alpha-acids
were identified as humulinones and hulupones. Iso-alpha-
acids were found to be primarly metabolized into cisand
trans-humulinic acids, next to oxidized alloiso-alpha-
acids. Interestingly, the phase I metabolites were highly
similar to the oxidative degradation products in beer.
Does this mean in consequence that aged beer is better
for the liver?
Read more
Source: Barth Innovations
|
These Days in Business History
October 31
1904 King Camp Gillette patents the safety blade and razor
1938 Robert Edward was born, he started CNN (amid almost universal predictions of failure) in 1980
1952 TV broadcasting begins in Belgium
November 01
1512 Michelangelo's paintings on ceiling of Sistine Chapel, 1st time exhibited
1765 Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
1894 Vaccine for diphtheria announced by Dr Roux of Paris
November 02
1927 John Sainsbury was born, Chairman of J Sainsbury plc (the parent company of Sainsbury's Supermarkets Ltd) since 1969; English billionaire
1928 Dupont introduces synthetic rubber
1992 1st test flight of Airbus A330
November 03
1898 1st US automobile show opens at Madison Square Garden (NYC)
1929 1st commercially produced synthetic rubber manufactured
1971 The microprocessor is officially born as Intel introduces its new 4004 chip, invented by Ted Hoff and Federico Faggin
Agenda
November 2013:
08-10: Somos Cerveceros 2013 (Tandil, Argentina)
14-17: Mondial de la Biere (Rio de Janeiro, Brazil)
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
February 2014:
02-05: RHEX - Rimini Horeca Expo 2014 (Rimini, Italy)
19-22: National Winter Ales Festival 2014 (Derby, UK)
March 2014:
12-15: Brazilian Beer Festival (Blumenau, Brazil)
18-19: Food and Drink Technology Africa 2014 (Johannesburg, South Africa)
23-28: IBD Convention - Asia Pacific Section (Ho Chi Minh City, Vietnam)
April 2014:
07-08: World Beer Cup 2014 (Denver, USA)
08-11: Craft Brewers Conference 2014 (Denver, USA)
13-17: Trends in Brewing 2014 (Ghent, Belgium)
22-24: Pivovar (Brewer) 2014 (Moscow, Russia)
26-27: Zythos Beer Festival 2014 (Leuven, Belgium)
May 2014:
21-24: Pivo (Beer) 2014 (Sochi, Russia)
22-24: Copenhagen Beer Festival 2014 (Copenhagen, Denmark)
June 2014:
11-15: Mondial de la Biere 2014 (Montreal, Canada)
August 2014:
12-16: Great British Beer Festival 2014 (London, UK)
September 2014:
08-11: Worldwide Distilled Spirits Conference 2014 - IBD Scottish Section (Glasgow, UK)
25-27: Drink Technology India 2014 (Mumbai, India)
October 2014:
13-16: China Brew and Beverage 2014 (Beijing, China)
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
More events are available on site www.e-malt.com
News Articles
|
USA, OK: Avery Brewing announces return to Oklahoma market following company expansion
|
Avery Brewing has announced its return to the Sooner State, the first market that the brewery has re-entered since it scaled back distribution two years ago. The return was made possible in part due to expanded production at Avery’s current brewing facility.
In April 2011, Avery Brewery stopped distributing to eight states, including Oklahoma, and seven other partial-state markets due to increased demand in Colorado, where the brewery is based.
At the time, Avery pulled out of Arizona, Connecticut, Indiana, Nebraska, New Mexico, Oklahoma, Rhode Island and Tennessee as well as several partial state markets including Northern California, Eastern Arkansas, Upstate New York, Central Florida and Wisconsin.
Avery is once again partnering with Red Dirt Beverage Co. for distribution in Oklahoma, where the brand has been available since early October.
Oklahoma is the first of those markets that Avery is re-entering, but it likely won’t be the last. Avery’s national marketing director, Darin McGregor told Brewbound that the company will likely re-enter one of the other seven states it left in 2011, before the end of the year.
Established in 1993, Avery Brewing Company has developed a reputation as being one of the most daring and visionary breweries in the nation. They are the
...More info on site
|
|
Canada, AB: Calgary’s Big Rock Brewery returns to craft beer scene
|
One of Canada’s original craft breweries says it’s returning to its roots.
When Big Rock Brewery launched in Calgary 28 years ago, it offered all-natural high quality beer. Subsequent years saw a rapid expansion, Global News reported on October 31.
Now the company is once again ready to take risks.
“We need to be fresh, we need to be very community oriented and most important, we need to be innovative,” says President and CEO Bob Sartor.
It’s a welcome change for Big Rock brewmaster, Paul Gautreau, who says the company lost its way by mimicking the big beer companies. Now the brewery is aggressively experimenting with different products – 20 in the past year.
“We’ve been using very rare, different techniques to make beers with different methods that haven’t been seen for hundreds of years,” says Gautreau. “So we are a lot bolder.”
And just in time – with the craft beer market exploding, Big Rock says it’s back in the game.
The company recently announced it is opening a new brewery in Vancouver, which is expected to be in production within a year.
|
|
USA: Beer industry sees gains in dollar and volume in 2012
|
|
The beer industry saw gains in both dollar and volume in 2012 after a three-year downturn. Well-marketed new products and slight improvements in
...More info on site
|
|
USA & Canada: Barley prices soften on news of good harvest
|
|
Barley prices since harvest started in the U.S. have softened, due to two factors. A good year for both yields and quality in this
...More info on site
|
|
Canada, NL: Labatt Brewery sales not affected during labour dispute
|
Labatt says it has maintained its market share over the past seven months, even though striking workers have been calling for a boycott on the company's products, CBC reported on October 30.
Despite a seven-month strike at the Labatt Brewery in St. John's, NL, the boycott requested by the plant's striking workers is having little to no effect on the company's beer sales.
About 50 employees have been off the job since late March, when a wildcat strike preceded a legal walkout that started April 10.
The Newfoundland and Labrador Liquor Corporation said the company's beer sales are holding their own.
Labatt spokesperson Wade Keller agrees.
"We're very fortunate to have maintained our market share over the last seven months," he said.
Keller said Labatt is being rewarded because of its sponsorship efforts.
"The company gives a lot back to Newfoundland and Labrador, and the people there appreciate that," he said.
|
|
USA, CO: Black Shirt Brewing expands, adds beer canning line
|
When Black Shirt Brewing opened just over a year ago, it had limited hours, a glorified homebrewing system and three owners with fulltime jobs elsewhere. One year later, the RiNo brewery, which only makes red ales, has become an integral part of Denver's ever-expanding craft-beer scene and just completed a major expansion that will give it an even bigger presence, according to Westword blog.
Part of that expansion is physical. Black Shirt now has a fifteen-barrel brewing system (its second expansion in 2013) and six thirty-barrel fermenters. It purchased a canning line that will allow it to begin selling four flagship beers to liquor stores - and allow customers to take those beers with them wherever they go.
Their new canning line was manufactured by Wild Goose Engineering in Boulder and is an expandable system. In its current configuration, if everything is optimal, it can fill forty cans per minute. The company will be packaging in six-packs, twelve-ounce cans, release is planned for the first part of 2014.
The company will be canning Colorado Red Ale, Red Saison, India Red Ale and Red Porter.
The brewery is currently supporting seven employees and will be adding to both the tap room and the production
...More info on site
|
|
USA, WI: Big Head Brewing opens in Wauwatosa, Milwaukee suburb
|
Big Head Brewing Co. opened in September and will hold a grand opening celebration in mid-November in Wauwatosa, Milwaukee suburb, Business Journal reports. It is located in 5,000 square feet of leased space at 6204 W. State St. and has an initial annual brewing capacity of between 750 and 1,000 barrels of beer.
“I’ve always gotten the impression that Wauwatosa is a very local first community,” said Andrew Dillard, one of the owners. “It has an emphasis on getting new businesses going and supporting those local businesses.”
Big Head’s specialty will be a diabetic-friendly line of beers with low carbs that still taste like craft brews, Dillard said. Dillard said he also wants to concoct gluten-free beer.
Dillard, a homebrewer for seven years, struggled to find financing through banks and investors to start a brewery. But when local media picked up his story, he was approached by two potential partners who have joined the business, he said.
Eventually Dillard plans to install bottling and canning lines.
|
|
USA, PA: Victory Brewing Company releases Hop Ranch Imperial IPA
|
Victory® Brewing Company (Victory) is pleased to announce a new seasonal offering, Hop Ranch® Imperial India Pale Ale. The third new release for the brewery this year, Hop Ranch Imperial India Pale Ale will be available in four-packs and on draft from December 2013 to February 2014, Brewbound reported on October 30.
Fully juicy in its citrus character with the pleasantly sharp, biting edges of tart fruit and bitterness, Hop Ranch Imperial India Pale Ale traces its roots to Victory’s Ranch series, a unique and comprehensive study of hops in which Brewmasters experimented with different hop varieties to showcase a range of flavor profiles and celebrate the nuances and distinctions in the resulting series’ recipes.
From the Ranch series, Victory developed its recently released DirtWolfTM Double IPA, as well as the wildly popular 2013 Philadelphia Beer Week exclusive, Liberty Bell Ringer. Liberty Bell Ringer was very well received. This prompted Victory’s Brewmasters to revisit and fine-tune the recipe, resulting in the seasonal Hop Ranch Imperial India Pale Ale.
“We knew we had something special in our Liberty Bell Ringer, but we were restless to experiment further. We chose to work with the recipe a bit, adjusting subtle flavors before we arrived at
...More info on site
|
|
USA, NE: Lucky Bucket announces return of Snowsuit Spiced Belgian Abbey Ale
|
Lucky Bucket Brewing Company is happy to announce the return of their winter seasonal beer appropriately named Snowsuit Spiced Belgian Abbey Ale. Starting next week, the beer is being released as their winter seasonal beer for the second year in a row and will be available in grocery stores, restaurants, pubs, and the brewery’s tasting room, Brewbound reports.
Snowsuit became highly popular for Lucky Bucket three years ago when brewed as a single batch beer. The beer was an instant hit within the community due to its distinct fruity characteristics, subtle sweetness, and spiced flavor notes. President Jason Payne and Brew master Michael Cunningham were so pleased with the single batch recipe that they decided to produce Snowsuit again in 2012 as the recurring winter seasonal beer – this time making it available in six packs for purchase in the market. Snowsuit Spiced Belgian Abbey Ale will be available throughout the winter season.
For nearly 5 years, Lucky Bucket Brewery has been known for producing exceptional beers in the Omaha and La Vista area.
|
|
USA, SD: Prairie Berry starting Miner Brewing Company
|
The owners of Prairie Berry Winery are getting into craft beer production, according to Argusleader.com
The Hill City-based business has started Miner Brewing Co. in a new location next door to the winery.
Owners Sandi Vojta and Matt Keck are also planning a Sioux Falls expansion next spring.
|
|
Canada, NB: Railcar Brewing announces new location in Florenceville-Bristol
|
Railcar Brewing, a new brewery being founded by homebrewer Mitch Biggar, will no longer be located in its namesake Railcar #3 on the Shogomoc Historical Railway Site as originally planned, but will instead be setting up shop elsewhere in Florenceville-Bristol, New Brunswick, according to Canadian Beer News.
According to a recent post on Facebook Biggar reports that he has confirmed a new spot at 9172 Main Street in Florenceville-Bristol. Measuring 58 by 26 feet, the space will accommodate a large tasting room and retail space along with the brewery, and railway memorabilia will be used as decor to keep with the brewery name which will be retained despite the change of venue.
Biggar intends to have the bar and retail area before the end of the year, with a selection of craft beers from other breweries available while brewery construction takes place through early 2014, after which on-site beer production will begin.
|
|
USA: Boston Beer enjoys 30% increase in Q3 net revenue
|
The Boston Beer Company, Inc., America’s largest craft brewery, on October 30 reported third quarter 2013 net revenue of $216.4 million, an increase of $50.0 million or 30% over the same period last year, mainly due to core shipment growth of 29%.
Net income for the third quarter was $25.7 million, or $1.89 per diluted share, an increase of $4.9 million or $0.36 per diluted share from the third quarter of 2012. This increase was primarily due to shipment increases, partially offset by increased investments in advertising, promotional and selling expenses and a write-down of land of $0.10 per diluted share.
Net revenue for the 39-week period ended September 28, 2013 was $533.7 million, an increase of $106.5 million, or 25%, from the comparable 39-week period in 2012.
3rd Quarter 2013 Summary of Results
Depletions grew 26% from the comparable 13-week period in the prior year, primarily due to increases in the Angry Orchard®, Samuel Adams® and Twisted Tea® brands.
Core shipment volume was approximately 993,000 barrels, a 29% increase over the third quarter of 2012.
Gross margin at 53% was lower than the 56% realized in the third quarter of 2012. Increased brewery processing costs, increased ingredient costs and product mix effects, and the
...More info on site
|
|
Canada: Canadian Malting Barley Technical Centre releases the recommended barley varieties list for 2014-15
|
The recommended malting barley varieties list for 2014-15 has been released by the Canadian Malting Barley Technical Centre (CMBTC). The recommendations are based on the varieties expected to be selected by grain and malting companies for both domestic and export markets for the 2014 harvest.
"These recommendations were derived from information CMBTC members obtained through their sales and marketing efforts and contact with domestic and international maltsters and brewers, as well as from test malting and brewing results achieved at CMBTC in their pilot malthouse and pilot brewery," CMBTC managing director Rob McCaig said in a release.
CMBTC members are Alberta Agriculture, Alberta Barley Commission, Alfred C. Toepfer Canada, CWB, Canadian Grain Commission, Canterra Seeds, Cargill AgHorizons, Fedoruk Seeds, Manitoba Agriculture Food and Rural Development, Manitoba Liquor Control Commission, Molson Coors, Parrish & Heimbecker, Richardson International, SABMiller, Saskatchewan Agriculture, Prairie Malt Limited, the Public Malt Barley Breeders, SeCan, Syngenta Canada and Viterra.
The recommended varieties list is available on Canadian Malting Barley Technical Centre’s website.
|
|
USA, ND: Malting barley seen as good fit for producers in western North Dakota
|
Growing malting barley is a good fit for producers in western North Dakota, according to Doyle Lentz, North Dakota Barley Council, The Prairie Star reported on October 31.
Lentz was part of a group of barley growers, brewers, maltsters, researchers and others that toured barley facilities at NDSU and also toured malting barley country, including the often arid western region where producers grow barley as a rotational crop.
The group was showed the type of farm equipment used in planting and harvesting barley and met barley growers.
“There is a lot of interest in western North Dakota as a barley growing area, especially with craft brewers who like the two-row varieties growing in the west,” Lentz said.
Brewers wanted to meet the malting barley producers who grow their barley, and also see the two-row varieties that do well in the west, he said.
“The malting barley industry continues to be a good industry, and brewers are getting a better understanding of what our growers do to produce good malting barley in North Dakota,” he added.
During the tour, the group heard from Dr. Paul Schwarz, director of the Institute for Barley and Malt Sciences. The tour took place at NDSU’s Dickinson Research Extension Center barley field
...More info on site
|
|
USA & Australia: ADM expects to achieve all regulatory approvals for GrainCorp acquisition soon
|
Archer Daniels Midland Co. (ADM) expects to soon achieve all regulatory approvals for the company’s acquisition of GrainCorp Ltd. and to close the acquisition early next year, World-Grain.com reported on October 31.
Seven out of nine jurisdictions have cleared the acquisition of GrainCorp, an Australian agribusiness, said Juan Luciano, executive vice-president and chief operating officer for ADM.
“In the third quarter we received clearance from South Africa, Japan, the European Commission and South Korea,” he said. “We continue to work with authorities in Australia and China to achieve the final approvals.
“Earlier this month, the Australian treasurer issued an interim order which commits the government to a decision by Dec. 17 at the latest. Based on this, we expect closing to be sometime in the first quarter of 2014.”
In May of this year ADM announced plans to acquire GrainCorp in an offer that implied an aggregate transaction value of about A$3.4 billion ($3.2 billion).
|
|
Belgium: AB InBev beats thirg-quarter profit forecasts
|
|
Anheuser-Busch InBev, the world's largest brewer, beat third-quarter profit forecasts as rapid cost savings in Mexico and higher prices helped offset sagging beer sales
...More info on site
|
|
Australia: Cargill Australia Limited completes the acquisition of Joe White Maltings
|
Cargill Australia Limited announced on October 31 that it has completed the acquisition of Joe White Maltings from Glencore International.
Philippa Purser, Cargill Australia Managing
...More info on site
|
|
China: Tsingtao Brewery’s Q3 net profit rises 14%
|
|
Tsingtao Brewery Co Ltd, the company behind China's best-known beer brand, said on October 30 its third-quarter net profit rose 14 percent as rising
...More info on site
|
|
Zambia: Zambian Breweries says construction of malting plant not halted, the company is only reviewing its entire business operations
|
|
Zambian Breweries Plc. has clarified that, whilst it is reviewing its planned US $32.6 million investment in a malting plant as part of a
...More info on site
|
|
Brazil: Ambev’s Q3 net profit declines due to lower beer sales
|
Companhia de Bebidas das Americas, or Ambev, reported a drop in its third-quarter net profit due to lower beer sales.
Ambev on October 31 posted
...More info on site
|
|
Denmark & China: Carlsberg gets approval to raise its stake in Chongqing Brewery to 60 percent
|
Danish brewer Carlsberg has received authorisation from China's regulator to increase its stake in Chongqing Brewery to 60 percent, Reuters reported on October 31.
The
...More info on site
|
|
Germany: Beer sales up 3.2% in the third quarter of this year
|
|
Germany’s love of beer shows no sign of abating with the country’s breweries celebrating booming sales over the summer months, figures released on October
...More info on site
|
|
Japan: Kirin Brewery reports 229.7% increase in January-September net income
|
|
Japan’s Kirin Brewery said on October 30 its total beer sales volume (including conventional, happoshu and new-genre beer) declined by 2.9% to 14.2 mln
...More info on site
|
|
Brazil: AB InBev expects decline in Brazil’s beer market
|
|
Anheuser-Busch InBev, the world's largest beer maker, said on October 31 that beer sales in its huge Brazilian market would decline this year as
...More info on site
|
|
UK: Third-quarter beer sales rise 5.2%
|
|
UK beer sales rose by 5.2% in the third quarter of this year driven by a big boost in the off-trade where sales increased
...More info on site
|
|
India: Carlsberg now claims the second largest beer maker rank in five large beer markets in India
|
|
Danish brewing giant Carlsberg's aggressive run is shaking up the Indian beer market. It is staking claim as the second largest beer maker in
...More info on site
|
|
Africa: Drinks giants in head-to-head scramble for market share in Africa
|
In just eight weeks Diageo, the world’s largest drinks group by sales, set up and launched a beer made of cassava, a local tuber crop, in Ghana last year, Financial Times reported on November 1.
Ruut Extra was Diageo’s first cassava beer – the British company is more accustomed to brewing Guinness stout and distilling Johnnie Walker whisky – and the project involved securing a tax break for cassava sourcing from 7,000 local farmers.
“Is that eight weeks or eight months?” queried a sceptical analyst at Diageo’s investor conference in London last month.
“Under normal circumstances you’d go: ‘It’s not possible’,” acknowledged Ekwunife Okoli, Diageo’s managing director for regional markets in Africa. “But we had SABMiller as our competitor . . . We had to act in an extraordinary way . . . And I assure you, absolutely, eight weeks from idea to delivery.”
Diageo’s rapid delivery of Ruut Extra is a sign of a head-to-head scramble for market share in Africa, which western drinks companies view as the world’s most exciting emerging market because of its fast-growing economies, rising purchasing power and expanding populations.
Africa, in short, is the new Asia for consumer goods companies.
Mark Bowman, managing director of Africa at SABMiller, the brewer whose century-old roots in southern Africa give it
...More info on site
|
|
Japan & Philippines: Kirin interested in buying the rest of San Miguel Brewery Inc. if approached
|
Kirin Holdings Co., Japan’s biggest drinks company, is interested in buying the rest of Philippine beverage maker San Miguel Brewery Inc. if approached, a person with knowledge of the matter was quoted as saying by Bloomberg on November 1.
Kirin, which holds about 48 percent of the brewer, isn’t in talks with co-owner San Miguel Corp., said the person, who asked not to be identified because the deliberations are private. The Japanese company would consider a deal should San Miguel offer to sell its 51 percent stake to Kirin, the person said.
A valuation of about 20 times earnings before interest, taxes, depreciation and amortization is now “normal” for deals in the industry, San Miguel President Ramon Ang said via text message. That multiple implies a $5.9 billion price for the stake, based on the brewer’s Ebitda last year, data compiled by Bloomberg show.
“Other major international brewers such as InBev and SABMiller would definitely be interested,” said Mikihiko Yamato, deputy head of research at JI Asia in Tokyo. “It’s possible that the price skyrockets. The brewery is almost a monopoly in the Philippines.”
The media relations departments of Anheuser-Busch InBev NV and SABMiller Plc couldn’t be reached outside regular office hours in Europe.
Buying
...More info on site
|
|
South Africa: SABMiller says workers strike won’t affect production
|
South African Breweries (SABMiller) on October 30 said a strike by the Food and Allied Workers Union (Fawu) in Gauteng won’t affect production.
The company says consumers don’t have to worry about a possible beer shortage this festive season.
Fawu members in Gauteng have been on strike for exactly a month, but their colleagues in coastal areas have returned to work.
SABMiller spokesperson Robyn Chalmers says the company’s contingency plan has minimised the impact of the strike.
“At this stage, we have seen no shortage in terms of beer. We don’t anticipate that there will be any shortage of beer going into the peak season.”
Workers are demanding a wage hike of nine percent, while the company is only offering seven percent.
Members are also protesting against a new performance-related payment system.
Fawu is calling for the system to be scrapped altogether, saying it believes its members deserve more money.
The union represents about 1,000 employees.
|
|
The Netherlands: Heineken extends sponsorship of UEFA Champions League by three years
|
Heineken, the world’s third biggest brewer, has extended its sponsorship of the UEFA Champions League by three years.
The Dutch beer group has sponsored the European football competition, which is watched by over 4.2 billion people, since 2005.
Heineken is the first sponsor to renew its contract beyond the current 2012-2015 term, although German sportswear maker Adidas has already extended its agreement as official supplier.
It has been estimated by sports research firm IMR that the current sponsorship agreement costs Heineken $70 mln per year, with the new deal worth more. Neither parties disclosed financial details.
Heineken, previously a sponsor through its Amstel lager brand, said that its sponsorship of the football tournament was the largest platform for the beer brand and in its eight year partnership customer awareness has grown to 60pc among UEFA Champions League fans.
The contract renewal sees Heineken win the rights to exclusive UEFA Champions League content, such as back stadium tour and UEFA Champions League Trophy Tour, presented by Heineken.
Alexis Nasard, global chief marketing officer and president of Western Europe, at Heineken said: "The UEFA Champions League's unrivalled international reach and professional standards make it the perfect match for Heineken.”
|
|
Register a new user (free of charge).
Top
Top News