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Top industry news
14766 articles
Canada: Canadian barley production 2023-24 estimated at 7.84 mln tonnes
For 2023-24, Canadian barley production is estimated at 7.84 million tonnes (Mt) by Statistics Canada (STC) according to its September 14, 2023, model-based yield and production estimates report. This implies . . .
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22 November, 2023
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Singapore: ThaiBev reports nearly 9% fall in annual profit
Singapore-listed Thai Beverage (ThaiBev) reported an annual profit on November 22 that fell nearly 9%, hurt by weakness in the company's beer and food businesses, Nasdaq said.
Higher costs of raw . . .
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22 November, 2023
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Asia: DBS Group Research analysts remain positive on ThaiBev’s performance
DBS Group Research analysts Andy Sim and Chee Zheng Feng remain positive on Thai Beverage (ThaiBev), which the analysts call the “undisputed market leader [of beverages] in Southeast Asia (SEA), . . .
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21 November, 2023
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China: Imports of Australian barley reach 313,700 tonnes since resuming shipments in October
China resumed imports of Australian barley in October, with the amount reaching 313,700 tons worth $88.4 million, according to data released by the General Administration of Customs (GAC) on November . . .
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21 November, 2023
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Japan: Asahi Super Dry helps to sustain Asahi Group’s profitability and international growth in January-September
Asahi’s star-performing beer product Asahi Super Dry has helped to sustain the firm’s profitability and international growth even amid cost setbacks at its new domestic brewery in Tosu, FoodNavigator Asia . . .
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20 November, 2023
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Nigeria: Nigerian Breweries launches a bid to acquire two Nigerian subsidiaries of Heineken
Nigerian Breweries (NB) Plc has launched a bid to acquire two Nigerian subsidiaries of Heineken with a value of about N7.01 billion in a bid to consolidate the operations of . . .
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20 November, 2023
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World: Malteries Soufflet completes acquisition of United Malt
Malteries Soufflet, the second largest operator in the global malt industry, announced on Nov. 15 that it has completed the acquisition of 100% of United Malt Group Ltd. (United Malt), . . .
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16 November, 2023
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Latin America: Diageo not sure how quickly it could resolve issues in Latin America that led to surprise profit warning last week
Diageo Chief Executive Debra Crew said on November 15 that it was difficult to predict when the company could clear the inventory issues in Latin America that led to a . . .
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15 November, 2023
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Ukraine: January-October beer output up 9.3%
Ukraine’s January-October beer production increased by 9.3% year-on-year to 11.45 mln hl, trade association Ukrpivo reported on November 14.
The association does not include the volume of zero-alcohol beer in its . . .
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14 November, 2023
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World: Diageo warns of slower than expected growth in first half of this year
Spirits and beer giant Diageo PLC saw billions wiped off its market value on November 10 after it warned that a sharp slowdown in its business in Latin America and . . .
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12 November, 2023
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