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E-Malt.com Newsletter 23a
June 02 - June 04, 2014
Quote of the Week
"It is difficult to say what is impossible, for the dream of yesterday is the hope of today and the reality of tomorrow."
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Currency Rates
Base Currency: US Dollar
on June 04, 2014 |
Base Currency: Canadian Dollar
on June 04, 2014 |
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1 USD = 0.7346 EUR
1 USD = 0.5970 GBP
1 USD = 1.0907 CAD
1 USD = 1.0804 AUD
1 USD = 102.4170 JPY
1 USD = 2.2779 BRL
1 USD = 35.0914 RUB
1 USD = 6.1758 CNY
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1 CAD = 0.9170 USD
1 CAD = 0.5475 GBP
1 CAD = 0.6736 EUR
1 CAD = 0.9907 AUD
1 CAD = 93.9154 JPY
1 CAD = 2.0888 BRL
1 CAD = 32.1786 RUB
1 CAD = 5.6632 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, CA & OH: Greater Cincinnati considered as possible location for Stone Brewing Co’s new brewery
...Click here
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USA, NY: Utica-based F.X. Matt Brewing announces expansion plans
...Click here
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Canada, NS: Nova Scotia’s newest craft brewery to start offering its first beers in Falmouth
...Click here
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USA, AZ: Freak'N Brewing Company opening scheduled for June 6
...Click here
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USA, HI & MS: Kona Brewing Co. beers now available in Mississippi
...Click here
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USA, PA & NJ: Susquehanna Brewing Co. reaches agreements with new wholesalers in New Jersey
...Click here
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USA, WV: Greenbrier Valley Brewing Company preparing to launch in Charleston
...Click here
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Belgium & USA: Chimay Premičre now available in draft in select markets
...Click here
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USA, VA: Heritage Brewing Company announces new partnership for Virginia distribution
...Click here
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USA, CO: Grossen Bart Brewery expected to open in Longmont this fall
...Click here
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Brazil: Beer production grows 12.3% in January - May
...Click here
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Russia: Beer output declines in January – April and in April alone
...Click here
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World: Barley production forecast to reach 134.5 mln tonnes in 2014/15
...Click here
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UK: Molson Coors to invest more in its Burton Brewery
...Click here
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Finland: Beer sales decline by 0.4% in January – April 2014
...Click here
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Ukraine: Grain harvest may exceed last year’s thanks to good weather
...Click here
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Australia: Craft beer industry growth hampered by exclusive tap contracts
...Click here
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UK: Carlsberg to create new “crafted” portfolio of 28 beers
...Click here
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Zimbabwe: Delta Holdings reports phenomenal growth in new line of products
...Click here
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Australia: Just launched Kronenbourg 1664 Blanc expected to attract beer, cider and wine drinkers
...Click here
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Graph of the Week
Table of the Week
Ukraine Brewers Market Shares 2011 - 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 good, the bad and the ugly
ABSTRACT
It has long been thought since Tressl proposed it in
1978 that the cleavage of the acyl side chains of hop
alpha or beta acids results in a loss of bitterness and
may result in the formation of flavour active short
chain acids often resulting in rancid and cheesy off
flavours. The German researchers in this study found
that it might not be as bad as once claimed. They
confirmed that with warm aerobic storage, bitter acid
concentration decreases along with increases in the
concentrations of 2-methylpropanoic acid, and 2- &
3-methylbutanoic acids. However, with short term
cold aerobic storage (4 weeks at 0 C), the aroma
properties of hops may actually be positively
influenced.
Read more
Source: Barth Innovations
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These Days in Business History
June 2
1891 Work on trans-Siberian railway begins
1907 Taxis 1st began running in New York City
1977 Trans Alaska oil pipeline completed
June 3
1748 Amsterdam establishes municipal postal service
1903 Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine
June 4
1070 Roquefort cheese created in a cave near Roquefort, France
1875 Pacific Stock Exchange opens
1953 Woodcock, Hess & Co. of Philadelphia incorporates, becoming the first firm that's a member of the New York Stock Exchange to do so
Agenda
News Articles
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USA: Barley prices hardly move at all
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There has been very little price movement in the barley markets of late, Farm & Ranch Guide reported earlier this week.
“Prices have hardly moved at all – changes have been within a dime,” was the way Sun Prairie Grain’s Kayla Burkhart described the latest movement in the feed and malting barley markets.
The only big change is rail movement for malting barley has vastly improved, and the maltsters are now calling for barley shipments, but the farmers are busy with spring’s work and don’t have time to haul the grain in from the farm.
This is the complete opposite from a couple months ago, when the farmers were wanting to move grain, but couldn’t due to rail congestion and the maltsters not wanting to take in the barley.
Burkhart wasn’t surprised by the March planting intentions report that indicated barley acreage will be down in North Dakota.
“The maltsters had reduced the number of contracted acres for this year and there isn’t much barley grown that isn’t contracted anymore,” she said. “There’s a few that do it, but they have to wait longer on delivery at times because the contracted grain has priority on delivery, but it’s usually not hard to find a price.”
As
...More info on site
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USA, CA & OH: Greater Cincinnati considered as possible location for Stone Brewing Co’s new brewery
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Greater Cincinnati is on the list of sites a California craft brewer is considering for a $31 million brewery project that would create 374 jobs, Cincinnati Business Courier reported on May 30.
Stone Brewing Co., the nation’s 10th-largest craft brewer, is looking for a site to supply customers east of the Mississippi River. It expects the site would create more than 120,000 barrels of beer and $100 million in revenue each year.
The facility would include brewing operations as well as packaging, distribution and administrative support. Other operations could also be added, including a tourist attraction with a restaurant and retail.
Clinton County officials are trying to lure the brewery to Wilmington International Airport.
A company spokeswoman said more than 200 site proposals were submitted to Stone Brewing but wouldn’t say how many were still being considered.
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USA, NY: Utica-based F.X. Matt Brewing announces expansion plans
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Utica-based F.X. Matt Brewing has announced plans to expand the aging and fermenting process of the brewery with an investment of about $3.5 mln, Drinks Business Review reported on May 30.
According to the company, which annually brews about 350,000 barrels of beer, the expansion will take place on Edward Street right across from the brewery and will see the addition of six tanks.
The tanks are expected to add a capacity of about 100,000 barrels.
Prior to the commencement of construction, a zoning change is required to be approved and the area needs to be re-zoned so as to declare it industrial, as part of the project.
F.X. Matt Brewing CEO Nick Matt said the project is slated for completion by mid 2015.
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Canada, NS: Nova Scotia’s newest craft brewery to start offering its first beers in Falmouth
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The Atlantic Canada Beer Blog reported on June 2 that Schoolhouse Brewery, Nova Scotia’s newest craft brewery, will be offering its first beers to the public at two pubs in Falmouth later this week.
In the works since last summer, Schoolhouse Brewery was founded by longtime homebrewer Cameron Hartley, and is located in a more than 150-year-old historic schoolhouse building where Hartley also lives with his wife and daughter.
The first two beers from Schoolhouse – Principal Ale, a 5% abv unfiltered and dry-hopped pale ale; and Chequers Ale, a 4.5% abv robust porter – will go on tap at the Library Pub in Wolfville on Friday, June 6th, and at the Spitfire Arms in Windsor on Saturday, June 7th.
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USA, AZ: Freak'N Brewing Company opening scheduled for June 6
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Freak'N Brewing Company will open on June 6 in Peoria, another instance of the locally owned microbrewery trend moving west, AZ Central reports.
Peoria Artisan Brewery was the West Valley's first. It opened in December and operates out of Litchfield Park at the Litchfield Taproom.
Freak'N Brewing has been developing its brew recipes for several years, even sampling them at spring-training games and festivals. But now, it has a taproom of its own at the Olive Business Park near Loop 101 and Olive Avenue.
During the soft opening, it will have at least three beers on tap: Freak'N American Wit, Freak'N Sessio'N Cream Ale and Freak'N IPA. Pints and growlers will be available.
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USA, HI & MS: Kona Brewing Co. beers now available in Mississippi
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Venturing further into the mainland, Hawaii’s Kona Brewing Co. on May 30 announced it has added Mississippi to its distribution footprint, which now covers 40 states.
Earlier this month, the island-themed beer brand owned by Craft Brew Alliance tapped retail channels in the key markets of Jackson, Hattiesburg, Gulfport, and Biloxi, through its network of Anheuser-Busch wholesalers on its way into the Magnolia State.
The full list of distributors the brewery is working with is as follows: Mississippi Distributors Inc. (Batesville), Mitchell Beverage LLC (Columbus, Tupelo), Delta Distributing Co. (Greenwood), Rex Distributing Co. Inc. (Gulfport), Southern Beverage Co. Inc. (Hattiesburg, Laurel, Richland, Vicksburg, Yazoo City), Mitchell Delta Distributing (Leland, Meridian), Southwest Distributors Inc. (Natchez, Summit), A&B Distributing Co. Inc. (Olive Branch).
“Mississippi is a great state for handcrafted beer, and it’s amazing to see how excited Mississippians are about Kona’s arrival,” said Aaron Marion, the brewery’s brand manager in a press release. “The warmth and openness of Southern hospitality goes perfectly with the Liquid Aloha lifestyle.”
Kona led the CBA portfolio (which also includes Widmer, Red Hook, Omission and Square Mile Cider), with total depletions of 11 percent for the first quarter of 2014.
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USA, PA & NJ: Susquehanna Brewing Co. reaches agreements with new wholesalers in New Jersey
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Pittston, PA-based Susquehanna Brewing Co. Inc. has reached agreements with three new wholesalers to bolster its distribution expansion in New Jersey. These agreements will give SBC coverage in the Northwest, Central and Southern areas of New Jersey, timesleader.com reported on June 3.
Susquehanna Brewing Co. chose the Banko Beverage network to cover 16 of the 21 counties that encompass New Jersey. Hub City Distributing Co., Lawrenceville, will cover four counties in the central part of the state. Warren Distributing Co. South, Hammonton, will cover six counties in the southern part of the state. Warren Distributing Co. North, Flanders, will round out the coverage by taking six Northwestern counties.
Susquehanna Brewing currently has coverage of 46 counties in Pennsylvania.
Susquehanna Brewing Company, Pittston, started brewing its products in April 2012. SBC was founded in 2010 by Mark Nobile and Ed and Fred Maier, formerly of United Beverage of NEPA. Ed and Fred are descendants of Charles Stegmaier, who brewed the first larger beer in Northeastern Pennsylvania in 1851. Guy Hagner joined SBC as the company’s brew master in February 2012.
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USA, WV: Greenbrier Valley Brewing Company preparing to launch in Charleston
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There could soon be a new craft beer on tap in Charleston, courtesy of West Virginia’s newest producer, Greenbrier Valley Brewing Company, Charleston Daily Mail reported on June 3.
Co-owners Dave Kurcea and Wil Laska met two years ago through a mutual friend. Both men were long-time home brewing enthusiasts and both planned to start a commercial brewery, so they decided to join forces.
They now have a warehouse space near the Greenbrier Valley Airport in Lewisburg filled with stainless steel brewing equipment. The brewery plans to fill its first kegs in July, with bottles and cans coming by the end of the year.
Laska said there are about a dozen breweries in West Virginia, but only two currently package their products for outside sale. Greenbrier Valley Brewing Company will be the third.
The company eventually plans to open a small taproom at the brewery where customers can sample beers and buy some to take home. Until then, Greenbrier Valley beers will be available at bars and restaurants around the state. Kurcea is not ready to announce any official locations yet, but he had meetings last week with several Charleston establishments.
Their first beer will be the “Wild Trail Pale Ale,” a recipe developed by
...More info on site
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Belgium & USA: Chimay Premičre now available in draft in select markets
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After 31 years of importing Chimay, Manneken- Brussel Imports and Bičres de Chimay are proud to offer signature ale Chimay Premičre in kegs in select markets in the USA beginning in June, Brewbound reported on June 2.
The Trappist monks at Scourmont Abbey in Chimay, Belgium have been brewing Premičre since 1862. This copper-colored ale boasts flavors of apricots, brown sugar, and nutmeg—with aromatics made all the more dramatic by the draft pour. This announcement marks an important milestone for Chimay and the Trappist category in the U.S., as, along with the Chimay Cinq Cents, Premičre now joins the ranks of only a handful of Trappist beers available on draft in the USA.
Chimay is one of only ten Trappist breweries in the world. Certified Trappist breweries must strictly adhere to rules set out by the International Trappist Association, the governing body that oversees and protects the Trappist trademark. These beers can be identified by the hexagonal “Authentic Trappist Product” logo that is displayed on their label. This logo guarantees that:
The beer is produced within the walls of the monastery or in the vicinity of the monastery.
The monastic community determines the policies and provides the means of production. The whole process of
...More info on site
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USA, VA: Heritage Brewing Company announces new partnership for Virginia distribution
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Heritage Brewing Company announced on June 2 its partnership with Reyes Beverage Group’s Premium Distributors of Virginia, L.L.C. for distribution of its full portfolio of craft beer made from predominately local, American-sourced, organic ingredients.
“We have found kindred patriots at Premium Distributors of Virginia and are proud to work with them to deliver our beer into the hands of craft-beer loving patrons across Northern Virginia,” says Sean Arroyo, CEO & Co-Founder of Heritage Brewing Company.
Founded in 2013, brothers Sean and Ryan Arroyo opened the first microbrewery in Prince William with a 20-barrel brew house on January 1, 2014. The all-veteran team at Heritage aims to produce and sell 3,000 barrels of beer this year.
The craft brewery’s brands are currently available on draft, with 12-ounce cans and 750-milliliter bottles containing oak-aged brews available later this year.
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USA, CO: Grossen Bart Brewery expected to open in Longmont this fall
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After a nearly two-year search, the owners of Grossen Bart Brewery have announced they have signed a lease on a new 3,100-square-foot location at 1025 Delaware Ave. in Longmont, Times-Call reported on June 3.
Though they looked in other cities, including Boulder, Erie and Frederick, co-founder Shad Chancey said he and his partner, Taylor Wise, always had a preference for Longmont because they both live here and think the city provides plenty of opportunity for them to start and grow their business.
Several Longmont sites were considered before they finally settled on the Delaware Avenue location, he said.
"We found this location in January. Since then we've basically been in negotiations," Chancey said.
Plans are to open with a 10-barrel brewing system, he said.
"It's going to be a nice size tap room and on the side of it, we're going to have a beer garden out there," Chancey said.
Opening is planned for early fall, he said.
"We started this in 2012," Chancey said. "We got licensed to distribute and all that, but we were always just looking for the right location."
Over the two years, they have been brewing and distributing their beers where they could, including in restaurants, but were always limited in what they
...More info on site
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Brazil: Beer production grows 12.3% in January - May
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Brazil’s beer and soft drinks production increased in May, according to preliminary data by SICOBE reported earlier this week.
Beer production is up 4.3% as
...More info on site
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Russia: Beer output declines in January – April and in April alone
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According to Rosstat data, Russia’s beer output amounted to 7.08 mln hl in April 2014.
In January – April, the nation produced a total of
...More info on site
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World: Barley production forecast to reach 134.5 mln tonnes in 2014/15
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The IGC on May 29 forecast global barley production in 2014/15 at 134.5 mln tonnes (previous forecast 135.2, previous year 144.9).
Barley output in the
...More info on site
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UK: Molson Coors to invest more in its Burton Brewery
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As part of its five-year Burton Brewery redevelopment plan, Molson Coors, Britain’s biggest brewer, has announced a further investment of Ł28 million in brewing
...More info on site
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Finland: Beer sales decline by 0.4% in January – April 2014
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A total of 222.6 million litres of brewery beverages were sold in the first four months of 2014, say statistics compiled by members of
...More info on site
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Ukraine: Grain harvest may exceed last year’s thanks to good weather
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Ukraine's 2014 grain harvest may exceed last year's record output of 63 million tonnes thanks to favourable weather this winter and spring, weather forecasters said on May 30.
Ukraine has helped to drive wheat prices higher this year as the market fretted about political unrest disrupting grain trade. But good crop conditions, regular export shipments and the election of a new president have eased concerns. There was greater concern about crops in Russia after recent hot and dry weather.
Hot and dry weather will dominate the European part of Russia in early summer, the head of Russian weather forecaster Hydrometcentre said on May 29, though crops may gain short-term relief from rain forecast this week.
The International Grains Council on May 29 raised its forecast for the European Union's wheat crop, including durum, to 144.9 million tonnes from a previous projection of 144.8 million, with an upward revision for France of 38.3 million from 38 million.
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Australia: Craft beer industry growth hampered by exclusive tap contracts
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It was November 2013, in the lead-up to the festive season - a crucial trading period for Australia's 7000 pubs, clubs and bars.
Sitting down to his computer, a Melbourne publican discovered an email waiting for him. Sent by an executive from Carlton & United Breweries (CUB), it contained an offer that left him gobsmacked.
One of CUB's specialty brews had been ''selling very well'' in other pubs, the email explained. It then suggested the publican sell that brew on tap - at the expense of a specific competing craft beer that the publican was already offering. ''I'll donate the first keg,'' the CUB executive offered.
The email suggested the beer be served in glasses smaller than a schooner, but that they be priced the same as a schooner.
''And that gives you … an extra A$50 per keg to the hotel,'' the executive wrote.
Fortunately for the craft brewer, the publican thought the proposal was underhanded and rejected it. ''Can you believe this rubbish? Those guys [CUB] are really coming after you,'' he told one of the sales representatives of the craft brewer.
It was, it seems, a rare victory for craft beer - a sector that has exploded in popularity worldwide, but that has
...More info on site
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UK: Carlsberg to create new “crafted” portfolio of 28 beers
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Carlsberg has chosen 28 beers to create a new “crafted” portfolio, aimed at its freetrade customers who want to expand their beer offer, The Morning Advertiser reported on June 2.
The brewer says year-on-year growth for craft beer in the UK is up 75% and the average pint of craft beer can be up to 90p a pint more expensive (both CGA Brand Index).
Beer writer Pete Brown authored the introduction to a guide to the portfolio, and said: “Despite its relatively small market share, four out of 10 publicans already think they should be stocking craft. That’s because it attracts a much broader set of drinkers than usually drink beer.
“These drinkers believe craft beer gives them a special experience that is worth paying more for. And that means a pub, bar or restaurant that still doesn’t offer craft beer is one that’s missing an obvious opportunity.”
The beers come from a number of breweries across the globe, including some of Carlsberg’s own such as the Swedish Backyard Brewery.
London-based Portobello Brewing Company, the American Stevens Point Brewery and Abbey brewery Grimbergen are also on the list, alongside more recognisable names such as Liefmans, Innis & Gunn, Greene King and Marston’s.
Nick Howells, head of
...More info on site
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Zimbabwe: Delta Holdings reports phenomenal growth in new line of products
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Zimbabwe Stock Exchange blue chip Delta Holdings says it has experienced a phenomenal growth in its new line of beverages, BizDay reported on June 2.
Matts Valela, Delta’s Finance Director, said the introduction of “Mahewu” – which he called “the new kid on the block” – had exceeded expectations realizing Z$15 million in sales last year.
Mahewu is a non-alcoholic traditional sorghum drink, which Delta introduced following its success in neighbouring Zambia.
In the joint address – which Valela made with the group’s Operations Director Etherton Mpisaunga – the beverages’ giant said its new “Chibuku Super” sorghum beer had also been extremely well-received by the market and had contributed much to the group’s revenue.
Delta is the market leader in beverages in Zimbabwe, accounting for 98% of all lager beer sales, 98% of soft drinks and 84% sorghum beer sales, according to an independent survey.
Valela said the company, which also owns 31% of Zimbabwean spirit manufacturer Afdis, was encouraged by the rise in volume sales of ciders. He told delegates to the Imara Investing in Africa conference that Afdis would soon embark on the local production of previously imported ciders.
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Australia: Just launched Kronenbourg 1664 Blanc expected to attract beer, cider and wine drinkers
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Coopers Premium Beverages has launched Kronenbourg 1664 Blanc, a fruity wheat beer the brewer believes will attract not just beer drinkers, but also consumers of cider and wine, The Shout reported on June 2.
The five per cent ABV beer complements the existing Kronenbourg 1664 lager, which along with Carlsberg has been distributed by Premium Beverages for almost two years.
Already available in 32 other countries globally, Kronenbourg 1664 Blanc has hints of spiced orange and coriander and is packaged in a unique blue bottle.
It will be available both on and on and off-premise across Australia with a recommended retail price of A$19 for a six-pack.
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