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E-Malt.com Newsletter 26a
June 24 - June 26, 2013
Quote of the Week
"Bread is the staff of life, but beer's life itself."
English proverb
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Currency Rates
Base Currency: US Dollar
on June 26, 2013 |
Base Currency: Canadian Dollar
on June 26, 2013 |
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1 USD = 0.7627 EUR
1 USD = 0.6478 GBP
1 USD = 1.0502 CAD
1 USD = 1.0806 AUD
1 USD = 97.6241 JPY
1 USD = 2.2273 BRL
1 USD = 32.8231 RUB
1 USD = 6.1985 CNY
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1 CAD = 0.9524 USD
1 CAD = 0.6170 GBP
1 CAD = 0.7264 EUR
1 CAD = 1.0292 AUD
1 CAD = 92.9762 JPY
1 CAD = 2.1212 BRL
1 CAD = 31.2604 RUB
1 CAD = 5.9033 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA & Australia: GrainCorp board reaffirms support of ADM offer
...Click here
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USA, CO: Great Divide Brewing launches Oatmeal Yeti
...Click here
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USA, CA: Bear Republic Brewing Company introduces Café Racer 15
...Click here
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USA, CA: Stone Brewing Co. to release of R&R Coconut IPA
...Click here
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USA, CA: Stone Brewing Company releases Enjoy By 08.02.13 IPA
...Click here
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USA, WI: Stevens Point Brewery releases Point Beyond
...Click here
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USA, LA: Abita Brewing to expand by adding a new facility in St. Tammany Parish
...Click here
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Canada, ON: Central City & Flying Monkeys collaborate to release a new version of Red on Red
...Click here
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China: Tsingtao Brewery expected to report 7% growth in sales volumes in Q2 2013
...Click here
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World: SABMiller to develop and differentiate brands, focus on developing markets for growth
...Click here
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Japan: Suntory Holdings’ modest share price for much-anticipated initial public offering reflects weaker demand from investors amid volatile markets
...Click here
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World: Weather conditions essential for malting barley of which carry-over stocks are small in Europe, Canada, and Mercosur
...Click here
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France: Spring barley crops condition improved in recent weeks
...Click here
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Australia: Barley exports progressing, domestic feed demand good in view of dryness in parts of the country
...Click here
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Africa: SABMiller’s South African Castle Lager launching itself as a regional brand across the rest of the continent
...Click here
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India: Carlsberg launches fruit flavoured strong Tuborg Booster beer
...Click here
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Mozambique: SABMiller’s Cervejas de Moçambique increases purchases of cassava for brewing
...Click here
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Ukraine & Russia: Carlsberg Ukraine starts shipping Lvivske Svitle beer to Russia
...Click here
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Thailand & Myanmar: Chang Beer the most trafficked beer brand from Thailand into Myanmar
...Click here
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India: Former CEO of Carlsberg India and Foster’s India aiming at making beer as easily available as coffee
...Click here
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Graph of the Week
Source: USDA, May 2013
Table of the Week
Canada Barley Supply and Disposition as of May 21, 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
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
Fruits from the Hallertau
ABSTRACT
Specifically looking into the brewing properties of the new hop varieties from the Hallertau was the task of A. Forster. Using whirlpool hopping and dry hopping in standardised brewing trials he concluded that the dosing of hops should be based on the oil content for a consistent aroma. Beer brewed with Mandarina Bavaria and Hallertau Melon were preferred over beers with Hallertau Blanc. The latter variety, associated with white wine flavours, polarised the assessors. In terms of bitterness, the quality of bitterness of whirlpool and dry hopped beers was equal.
Read more
Source: Barth Innovations
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These Days in Business History
June 24
1839 Gustavus Franklin Swift, founded Swift and Co
1932 David McTaggart is born, co-founder, Greenpeace
1963 1st demonstration of home video recorder, at BBC Studios, London
June 25
1919 1st advanced monoplane airliner flight (Junkers F13)
1920 League of Nations places International head of Justice in Hague
June 26
1498 Toothbrush invented
1919 N.Y. Daily News begins publishing
Agenda
June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
16-20: Drinktec 2013 (Munich, Germany)
21-06 October: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30-01 November: The Latin American Barley Congress(Bahia Blanca, Argentina)
More events are available on site www.e-malt.com
News Articles
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USA & Australia: GrainCorp board reaffirms support of ADM offer
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ADM Australia Holdings II Pty Limited, a wholly owned subsidiary of Archer Daniels Midland Company (ADM), on June 23 lodged with the Australian Securities and Investments Commission its bidder’s statement for an all-cash, off-market takeover offer for GrainCorp Limited. The GrainCorp board has unanimously recommended shareholders accept the offer, in the absence of a superior offer.
“We believe our offer is highly attractive and in the best interests of shareholders,” said ADM Chairman and Chief Executive Officer Patricia Woertz. “The Independent Expert has assessed the proposal and concluded that it is fair and reasonable, in the absence of a superior proposal. We also believe ADM’s offer will deliver compelling benefits to Australian growers and the agricultural economy through access to new markets, investment in agricultural infrastructure, and its focus on serving the needs of Australian growers.”
GrainCorp released its target’s statement in which the GrainCorp directors unanimously recommend that shareholders accept the offer from ADM Australia Holdings II Pty Limited to acquire all of the GrainCorp shares not already held by it, in the absence of a superior proposal.
The target’s statement contains GrainCorp’s formal response to the offer, including detailed reasons for the GrainCorp directors’ recommendation, as well as other relevant
...More info on site
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USA, CO: Great Divide Brewing launches Oatmeal Yeti
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Great Divide Brewing plans to add Oatmeal Yeti to its line up of highly-rated imperial stouts-sought, West Word reported.
"We changed up Yeti," says Great Divide owner Brian Dunn. "We put in a couple thousand pounds of oats per batch in this one, and it is really nice. We also changed up the dark malts, which works really well with the sweetness of the raisins."
Great Divide experimented with five to ten different Yeti flavours before settling on Oatmeal Yeti two months ago. "We tried a couple different kinds of woods and fruits and plants, but we hadn't done one with oatmeal yet, and I think it is a fun grain to brew with," Dunn adds. "Yeti is such an assertive beer that you can modify it a little bit."
Oatmeal Yeti will be a seasonal beer sold in 22-ounce bomber bottles like most of the beers of the same line, including Oak Aged Yeti, Espresso Yeti and Chocolate Yeti. It replaces Belgian Style Yeti in the brewery's line up, a beer that was discontinued earlier this year.
Great Divide brewed four hundred barrels of the new beer, which should hit liquor store shelves sometime in early July.
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USA, CA: Bear Republic Brewing Company introduces Café Racer 15
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During the month of July, Bear Republic Brewing Company will be adding another popular, award-winning beer to their seasonal bottled selections- Café Racer 15 Double IPA, Beer Pulse reported on June, 25.
Café Racer 15 will be arriving in select areas of California, Oregon, Washington, Colorado, Pennsylvania, New York, Massachusetts, and Virginia during the first week of July. This will shortly be followed by distribution in Maryland, Texas, Ohio, Arizona, and additional California and New York markets.
Café Racer 15 is a Silver Medal Winner at the 2012 Great American Beer Festival in the Imperial India Pale Ale Category up against 128 other entries.
Brew master Richard Norgrove said, “Café represents to Bear Republic the final medal win in the IPA categories, with Gold, Silver, and Bronze. It’s very much like hitting a cycle in baseball. Enjoy our newest take on the Double IPA category. Stop in and stay awhile.”
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USA, CA: Stone Brewing Co. to release of R&R Coconut IPA
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Stone Brewing Co. announced on Tuesday, June, 18, that its R&R Coconut IPA collaboration with Rip Current Brewing and a pair of homebrew competition winners, Robert Masterson and Ryan Reschan, will be released by the end of July or early August, Beer Pulse reported on June, 25.
The beer is the result of a winning recipe at Stone’s AHA-sanctioned Spring 2013 Homebrew Competition this past spring. The beer has already been brewed on Stone’s commercial system for release in kegs and 22 oz. bottles. Stone’s collaboration series is generally distributed widely throughout its 37-market footprint.
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USA, CA: Stone Brewing Company releases Enjoy By 08.02.13 IPA
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Stone Brewing Company announced on Tuesday, June, 18, the release of its next edition in the series: Stone Enjoy By 08.02.13 IPA, Beer Pulse reported on June, 25.
The beer will be introduced to only four markets: Colorado, Arizona, New Mexico and Nevada. The beer is set to arrive on Wednesday, July, 3.
The most recent release in the series, Enjoy By 07.04.13 IPA, will be pulled from shelves if still available after Independence Day.
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USA, WI: Stevens Point Brewery releases Point Beyond
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Point Beyond the Pale India Pale Ale is the newest entry in Stevens Point Brewery’s line up of handcrafted and seasonal specialty beers, Brew Bound reported on June, 20.
Point Beyond the Pale IPA is sure to please even the most discerning hopheads in the craft-beer world, said Joe Martino, Stevens Point Brewery Operating Partner. India pale ale is arguably the most popular craft-beer style in the United States, so it is a natural addition to our selection of year-round craft beers.
At the annual Great American Beer Festival, the nation’s largest beer event, the American-style India Pale Ale category has attracted the most entries each year since 2001. There were more than 200 entries in 2012. In addition, a recent beer industry report noted that IPA is now the fastest growing craft beer style in America’s restaurants, bars and taverns with a 39 percent increase in overall on-premise sales last year.
Point’s specialty beers also include the Whole Hog Limited Edition Brew master’s Series, “big beers” that represent the epitome of the brew master’s art, including year-round Whole Hog Six-Hop India Pale Ale, and seasonal offerings, Whole Hog Barley Wine-Style Ale, Whole Hog Raspberry Saison, Whole Hog Russian Imperial Stout and Whole
...More info on site
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USA, LA: Abita Brewing to expand by adding a new facility in St. Tammany Parish
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Abita Brewing Co. hopes to break ground this summer on a $12 project to expand its brewery office space and double the capacity of its brew house, The Republic reported on June, 22.
Troy Ashley, the brewery's chief financial officer, said Abita has reached capacity within its existing 100-barrel facility. The expansion will add an additional 200 barrels of capacity, along with new cellar space with room for a dozen 800-barrel tanks.
"It will give us more capacity to continue to grow our brand and do more special projects," Ashley said. "We have been a big growth company over several years."
Ashley said the new project complements the expansion of Abita Brewing's packaging, bottling and canning lines that was completed last year.
Much of the work would be done in-house, with a long list of subcontractors chipping in on more specific elements, Ashley Krones, a German company that develops machinery for beverage production, is designing the new facility. The company also designed the brewery's existing brew house.
Ashley said Abita hopes to have the new brew house online by the end of the year. The new office space and visitor centre should be complete in early 2014.
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Canada, ON: Central City & Flying Monkeys collaborate to release a new version of Red on Red
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Following on a release in BC last month and an Ontario preview at the Session Toronto beer festival this past weekend, details have been confirmed for a full-scale Ontario release of the trans-Canada collaboration beer from Central City Brewing and Flying Monkeys Craft Brewery, Canadian Beer News reported on June, 24.
Red on Red Imperial Red Ale is a 9.5% abv beer that was initiated at last year’s Session when Flying Monkeys took the award for best one-off beer at the event, and won the opportunity to work with Central City on a limited edition beer.
The first batch of Red on Red was brewed at Central City’s brewery in Surrey, BC when Flying Monkeys brewer Paul Buttery visited in March. Brewing of a second batch took place last week at Flying Monkeys, with brew master Gary Lohin on hand to represent Central City.
The Ontario-brewed version of Red on Red will debut in bottles at the Flying Monkeys retail store on August 8th, with a wider release at LCBO outlets across Ontario planned to follow in September.
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China: Tsingtao Brewery expected to report 7% growth in sales volumes in Q2 2013
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Tsingtao Brewery Co, China's second largest brewer by capacity, will probably see its sales volume growth drop to 7% in Q2 2013 due to
...More info on site
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World: SABMiller to develop and differentiate brands, focus on developing markets for growth
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SABMiller will continue to develop and differentiate its beer and soft drinks brand portfolios, with a focus on developing markets for growth, new CEO
...More info on site
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Japan: Suntory Holdings’ modest share price for much-anticipated initial public offering reflects weaker demand from investors amid volatile markets
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The food and drink unit of the Japanese brewing company Suntory Holdings set a modest share price for its much-anticipated initial public offering, reflecting
...More info on site
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World: Weather conditions essential for malting barley of which carry-over stocks are small in Europe, Canada, and Mercosur
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Good weather conditions are even more essential for malting barley than for all the other grains, industry analysts said in a report on June,
...More info on site
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France: Spring barley crops condition improved in recent weeks
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The condition of spring barley crops in France has improved in recent weeks after plants received timely rainfall and moderate temperatures, Matthias Wree, a
...More info on site
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Australia: Barley exports progressing, domestic feed demand good in view of dryness in parts of the country
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Anticipated Australian barley export numbers for the campaign were 2.7 mln tons of feed and 1.5 mln tons of malting barley. The special class
...More info on site
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Africa: SABMiller’s South African Castle Lager launching itself as a regional brand across the rest of the continent
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Castle Lager, a brand synonymous with SABMiller’s heritage in South Africa, has begun to launch itself as a regional beer product across the rest of Africa, according to John Manser, acting chairman of SABMiller, Ventures Africa reported on June, 25.
Manser, writing in the world second biggest brewer’s latest annual report, said Castle Lager had posted its second year of double-digit growth on the back of strong trade in Africa.
“This demonstrates that even a brand with over 100 years of sales behind it can remain relevant to a new generation of consumers,” Manser said.
Manser said in many of the emerging markets SABMiller had now embarked on the “premiumisation” of the beer class.
This has prompted the company to start local premium beers that trade on “national pride” and present inexpensive luxury to drinkers wanting to trade up.
“At the lower end of the price ladder, particularly in Africa, we have set out to compete with informal alcohol through the development of affordable beers made from locally available ingredients,” Manser said.
“We started with the sorghum-based Eagle Lager in Uganda and subsequently launched two new cassava beers in Mozambique and Ghana.”
These products have opened up new markets for SABMiller. They have also offered fresh income
...More info on site
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India: Carlsberg launches fruit flavoured strong Tuborg Booster beer
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Denmark-based beer giant Carlsberg has launched its first fruit flavoured strong beer in India - Tuborg Booster - to tap youth and female consumers, DNA reported on June, 21.
Subodh Marwah, marketing director, Carlsberg India, said, “We did a lot of surveys and consumers complained that all strong beers taste the same. As a result, we have come up with something completely different.”
Booster is now available in West Bengal and Maharashtra and will be launched in 5-6 more markets by next month. The company also has Carlsberg brand in the premium and super premium category.
The company is looking to cash in on the growing popularity of strong beer, which now forms 85% of the $2 billion beer market, expected to touch 90% in two years, according to Marwah.
Indian consumers are also looking to get more bang for their buck with strong beer.
“Moreover, for some consumers, it acts as a step-up between hard liquor and the beer category. Also, with the presence of international brands, the quality of strong beer being offered has really improved and as a result, more companies are taking to it,” said Marwah.
Carlsberg, which has seven breweries in India in six years of operations,
...More info on site
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Mozambique: SABMiller’s Cervejas de Moçambique increases purchases of cassava for brewing
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A company hired by Mozambican beer maker Cervejas de Moçambique (CdM) is buying large quantities of cassava in the Muanza district of Sofala province, with a view to using it to make beer, the district administrator João Patrício Geral, was quoted as saying by Macauhub on June, 21.
According to Geral, this is not the first time that cassava producers in the district have been contacted to sell cassava for industrial use, and previously CleanStar had the same intention but for ethanol production.
However, CleanStar would only buy dried cassava, and this is not that case for the new buyer, Dutch Agricultural Development & Trading Company (Dadtco), which, as well as this, will provide competition and drive prices higher.
Geral said that Dadtco also planned to encourage cassava production to ensure it can purchase the product from around 2,000 farmers, and has already installed a machine to process the cassava.
CdM, which is a subsidiary of SABMiller Plc, launched Impala, a new brand of beer made from cassava, in November 2011.
Impala is produced at the company’s factory in Nampula using 70 percent cassava and 30 percent barley, and is the result of several years of research to overcome the challenges of processing and producing
...More info on site
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Ukraine & Russia: Carlsberg Ukraine starts shipping Lvivske Svitle beer to Russia
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Carlsberg Ukraine, one of the largest breweries in Ukraine, in June 2013 started supplying Lvivske Svitle beer to Russia, Interfax reported on June, 25.
"Carlsberg Ukraine has started supplies of Lvivske Svitle beer – the most popular brand in Ukraine – to the traditional retail market and supermarkets of Moscow and the central region of Russia," reads the company's report issued on June, 25.
The beer will be sold in PET one- and two-litre bottles.
The company expressed hope that the Lvivske brand's entrance to the Russian market will allow it to strengthen its positions in the exports segment from Ukraine.
Carlsberg Ukraine also said that among beer brands, Lvivske is second on the Ukrainian market with a share of 13.3% at the end of the first quarter of 2013.
The owner of Carlsberg Ukraine is Carlsberg Group, one of the leading brewing groups in the world. Carlsberg three breweries in Ukraine - in Zaporizhia, Kyiv and Lviv.
In Ukraine, the company markets such brands as Slavutych, Lvivske, Tuborg, Baltika, Carlsberg, Holsten, Corona, Arsenal, Khmіlne, Kvass Taras, Negra Modelo, Somersby, Guinness, Kilkenny, Harp and Warsteiner.
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Thailand & Myanmar: Chang Beer the most trafficked beer brand from Thailand into Myanmar
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Beers and inexpensive food products were the most seized among the illegal imports from Thailand into Myanmar through border areas, according to officials from mobile teams operated by Department of Border Trade (DBT) under the Ministry of Commerce.
Two mobile teams have seized Ks 266 lakhs worth of the products within just few days from June 9 to 17 on the route, the team officials were quoted as saying by Eleven Myanmar on June, 24.
Chang Beer, the top-selling brand in Thailand was the most trafficked among the beers seized, they said.
Although Myanmar's Investment Commission have already given permission for legal production of Chang Beer to operate in Yangon, Mandalay and Taung Gyi in January this year, the trafficking of the beer has yet to decline.
Chang Beer was among the most popular items for the trafficking and trafficked in million cans a year, according to the officials.
Chang Beer, which was launched in March 1995 and is brewed at a brewery in Bang Ban district of Ayutthaya Province, is the top-selling brand in Thailand and also a popular beer in Myanmar.
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India: Former CEO of Carlsberg India and Foster’s India aiming at making beer as easily available as coffee
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Pradeep Gidwani, now an entrepreneur and formerly CEO of two leading beer brands, Carlsberg India and Foster's India, wants to make beer as easily available and as widely consumed as coffee in India, Business Today reported on June, 23.
He is founder of The Pint Room, begun in July last year, which already has five outlets - two in Mumbai, one each in Delhi, Panchkula near Chandigarh, and Bangalore - and intends to raise their number to 20 by the end of this year. "We want to be the Starbucks of beer," he says.
Indeed, The Pint Room is his second effort. His first started in December 2010, when he launched The Beer Cafe in partnership with Rahul Singh, former Executive Director (Apparel) at sportswear retailer Reebok India, in Delhi's Vasant Kunj.
"My idea of a beer cafe is one which looks less like a bar or a pub, and more like a coffee shop," says Gidwani. "I want to create a space where conversations can be had over beer, without loud music or dim lights."
He joined hands with Singh because of the latter's wide experience in retail. Today, The Beer Cafe is competition. The partners developed differences and ultimately
...More info on site
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