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E-Malt.com Newsletter 41a
October 05 - October 07, 2015
Quote of the Week
Beer will always have a definite role in the diet of an individual and can be considered a cog in the wheel of nutritional foods.
Bruce Carlton
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Currency Rates
Base Currency: US Dollar
on October 07, 2015 |
Base Currency: Canadian Dollar
on October 07, 2015 |
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1 USD = 0.8915 EUR
1 USD = 0.6588 GBP
1 USD = 1.3075 CAD
1 USD = 1.4049 AUD
1 USD = 120.3500 JPY
1 USD = 3.8892 BRL
1 USD = 64.2472 RUB
1 USD = 6.3461 CNY
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1 CAD = 0.7647 USD
1 CAD = 0.5038 GBP
1 CAD = 0.6817 EUR
1 CAD = 1.0743 AUD
1 CAD = 92.0300 JPY
1 CAD = 2.9740 BRL
1 CAD = 49.1288 RUB
1 CAD = 4.8528 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Constellation Brands reports ‘outstanding’ results for Q2 with beer net sales up 14%
...Click here
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USA: MillerCoors says sales jumped after it switched 32-ounce and 40-ounce beer bottles from glass to plastic
...Click here
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USA, WA: Pacific Brewing announces plans to acquire American Brewing
...Click here
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USA: Pabst Brewing establishes Jacob Best Imports import-beer division
...Click here
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USA, IL: Constellation Brands unveils first craft beer
...Click here
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USA, VT: Otter Creek Brewing Co. increasing production and distribution in Middlebury
...Click here
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USA, CA & ID: Mother Earth Brew Co. to build large production facility in Nampa by June
...Click here
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USA, OH: Fifty West Brewery to open additional brewing facility in Cincinnati by spring
...Click here
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USA, NJ: Krogh’s Brewing Co. to open in Newton by June 2016
...Click here
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World: SABMiller rejects increased takeover proposal by AB InBev
...Click here
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World: SABMiller’s second-quarter beer volume up 1%
...Click here
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World: Heineken and Diageo complete assets swap in Jamaica, Malaysia, Singapore, Ghana
...Click here
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Slovenia & the Netherlands: Heineken receives go-ahead to acquire majority stake in Slovenian brewer Pivovarna Laško
...Click here
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Poland: January-August beer production the highest in ten years
...Click here
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World: Glencore reported to be mulling sale of stake in its agriculture division
...Click here
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Germany: Craft beer launches increase significantly in 2014
...Click here
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Brazil: Heineken invests R$150 mln in brewery in Sao Paulo
...Click here
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Switzerland & France & Germany: Ameropa and Vivescia terminate negotiations on sale of malting barley trader Interbrau
...Click here
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Zimbabwe: SABMiller’s Delta Corporations says lager volumes return to growth in Q2
...Click here
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Tanzania: Tanzania Breweries Limited producing greener beer at its Mwanza plant
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
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
Possible character impact compounds in the hop varieties Citra®, Centennial and Nelson Sauvin
ABSTRACT
To find this was the goal of this US research team. Using AEDA and GC-Olfactometry they found myrcene and alpha-pinene to have the highest FD (Flavour Dilution) Factor in the nonpolar fraction, hence to be of importance. In the polar fraction they found geraniol and linalool but also isovaleric acid and vanillin plus a sulfur component to have the highest FD factors. The sulfur component was identified as S-methyl methanethiosulfonate. The latter compound still needs to be confirmed. Even with this identification, the uniqueness of these three hop varieties cannot be explained.
Read more
Source: Barth Innovations
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These Days in Business History
05 October
1887 - Rene Cassin is born, pacifist, Nobel Peace Prize 1968
1902 - Ray Kroc, born in Illinois, founder of McDonalds and owner for the San Diego Padres
1991 - The first official version of the Linux kernel, version 0.02, is released
1993 - Daimler-Benz becomes the first German company to be listed on the New York Stock Exchange
06 October
1781 - Benjamin Hanks patents self-winding clock
1889 - Thomas Edison shows his 1st motion picture
07 October
1806 - Carbon paper patented in London by inventor Ralph Wedgewood
1910 - Henry Ford institutes moving assembly line
1930 - 1st infra-red photograph, Rochester, NY
1996 - The Fox News Channel begins broadcasting
Agenda
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
09-10: Beertopia 2015 (Hong Kong)
09-11: The Finest Spirits & Beer Convention 2015 (Bochum, Germany)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
23-25: Nordic Brew Festival 2015 (Frederikshavn, Denmark)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
19-22: Mondial de la Biere - Rio 2015 (Rio de Janeiro, Brazil)
February 2016:
05-07: Alltech Craft Brews & Food Fair 2016 (Dublin, Ireland)
06-07: Bruges Beer Festival 2016 (Bruges, Belgium)
17-20: Camra's National Winter Ales Festival 2016 (Derby, UK)
19-21: Mondial de la Biere 2016 (Mulhouse, France)
20-23: Beer Attraction 2016 (Rimini, Italy)
March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (UK)
April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
August 2016:
09-13: The Great British Beer Festival 2016 (London, UK)
13-17: World Brewing Congress 2016 (Denver, USA)
More events are available on site www.e-malt.com
News Articles
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USA: Constellation Brands reports ‘outstanding’ results for Q2 with beer net sales up 14%
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Constellation Brands, Inc., a leading US beverage alcohol company, reported on October 7 its second quarter 2016 results.
"We posted outstanding results for our second
...More info on site
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USA: MillerCoors says sales jumped after it switched 32-ounce and 40-ounce beer bottles from glass to plastic
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MillerCoors LLC saw a jump in sales when it switched 32-ounce and 40-ounce beer bottles from glass to plastic in 2014, Waste Dive reported on October 6.
Jonah Smith, the company's sustainability manager for policy and reporting, said about 1% of sales are through plastic bottles, and that number could increase, though it's unsure when. Most beer comes in aluminum cans and glass bottles.
The packaging switch cut the products’ carbon footprint by 25%, saving tens of millions of dollars, Smith told the Plastic Caps & Closures Conference in Itasca, IL. Container weight was reduced by about a pound for each bottle, lowering the tonnage of products that distributors ship.
Smith said the use of polyethylene terephthalate (PET) bottles will increase "within 10 to 15 years ... as more MRFs, materials recovery facilities, improve their technologies in how best to recycle PET."
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USA, WA: Pacific Brewing announces plans to acquire American Brewing
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Tacoma's Pacific Brewing & Malting Co. just announced a deal to acquire Edmonds-based American Brewing Company.
A blog post from Pacific Brewing announces the pending deal, and shares some of the possibilities they see in the merger, both in terms of efficiencies and reach, and creative beer potential.
“We have been working towards expanding our brewing operations and our goal has always been to invest in a production brewery,” explains PB&M co-owner Steve Navarro. “This deal gives us the opportunity to increase our production capacity in the near term and bring our beers to a more diverse and widespread market.”
Both breweries and tap rooms will be staying put, and the leaders of both are enthusiastically positive about the future.
Neil Fallon, CEO of American Brewing Company, says the brewery will be in good hands.
“We built this brewery from the ground up, and appreciate that it will continue to be operated by another local craft brewery that shares our values in producing award winning craft beers. “
Navarro, who just celebrated the first anniversary of Pacific Brewing puts it succinctly: “This is going to be a lot of fun.”
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USA: Pabst Brewing establishes Jacob Best Imports import-beer division
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As Pabst Brewing adds Tsingtao to its beer portfolio, it has created a new division called Jacob Best Imports to be led by former vice president of national accounts Mark Beatty, CSPnet.com reported on October 5.
The new division is named after Jacob Best Sr., a German-American brewer who, in 1844, founded what would later become the Pabst Brewing Co. in Milwaukee.
As president and general manager of Jacob Best Imports, Beatty will oversee the sales and distribution of Tsingtao Beer, which Pabst Brewing added to its portfolio on July 1. He'll also be tasked with building an import portfolio for Pabst Brewing, a new venture for the growing brewer.
Beatty will build brand-development and market-activation teams to support and grow the company's import business. He will work out of Dallas and report to Pabst Brewing‘s CEO Eugene Kashper. Before joining Pabst Brewing in 2011, he was in national accounts with Heineken USA for eight years.
Brian Smith, formerly national sales leader for Mark Anthony Brands, will fill Beatty's previous position as vice president of national accounts. He will be in charge of planning and execution within the national accounts organization and growing Pabst Brewing's business with chain customers. He will report to Bruce
...More info on site
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USA, IL: Constellation Brands unveils first craft beer
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Life is good these days for Constellation Brands, as American beer drinkers have a seemingly unquenchable thirst for Mexican beers, Chicago Tribune reported on October 6.
Now it's jumping into the craft beer game, teaming up with Chicago celebrity chef Rick Bayless for a line of Mexican-inspired beers called Tocayo Brewing Company.
All this comes as Constellation Brands, which reported its fiscal second-quarter performance on October 7, could become the country's second-largest beer company, should AB InBev indeed make a formal offer for — and win — SABMiller, as has been reported.
Recently, Constellation Brands executives were thinking in smaller terms about Tocayo Hominy White Ale, their first craft beer, to be unveiled this week. The plan is to market the beer only on draft early on and grow the brand gradually in Chicago, said Bill Hackett, Constellation Brands’s executive vice president and president of the beer division.
"I think it's going to do very well. Our challenge is going to be can we (produce) enough of it. That's a great challenge to have," Hackett said.
Mexican imports and craft beers have surged in recent years, as sales of domestic mainstream beers continue to decline. In such a climate, Constellation Brands's recent success has been
...More info on site
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USA, VT: Otter Creek Brewing Co. increasing production and distribution in Middlebury
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Continued success is leading one company in Middlebury to expand their facility. Otter Creek Brewing is increasing its production and distribution reach across the country, My Champlain Valley FOX44 & ABC22 reported on October 5.
With a growing following, craft beer has become almost a religious experience for some in the Green Mountain State. “Bless oh lord this creature beer. Which thou has deigned to produce from the fat of grain. That it may be a salutary remedy to the human race,” professed Father William Beaudin, Pastor of St. Mary’s Church in Middlebury.
As the industry experiences continued success, companies like Otter Creek Brewing are using that blessing to expand. “We've been here for 25 years, but really it's finally blown wide-open. There's a lot of energy in the building, a lot of energy in the industry. We’re excited to be a part of it,” said Dan Fulham, CEO of Otter Creek Brewing.
The company is following up a 2010 expansion with another 8 thousand square foot addition. The extra space will allow the brewery to increase production from 65 thousand barrels of beer a year to more than 200 thousand barrels annually. Original founder,
...More info on site
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USA, CA & ID: Mother Earth Brew Co. to build large production facility in Nampa by June
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The sixth largest brewer in California’s beer-soaked San Diego County will open a 40,000-square-foot brewery and tasting room in Nampa next year, The Idaho Statesman reported on October 6.
Mother Earth Brew Co. plans to be up and running at 1428 Madison St., in Nampa, by June of 2016, founder Daniel Love said.
The Nampa brewhouse — larger than Mother Earth Brew’s original one in Vista, Calif. — will be a four-vessel, 40-barrel operation that could be expanded to produce 100,000 barrels annually. The facility also will have a canning line and corporate offices.
Mother Earth Brew’s operational scale in Nampa appears similar to plans from the Gem State’s largest brewery, Payette Brewing Co. of Garden City. In spring 2016, Payette plans to open a four-vessel, 60-barrel brewhouse in a 32,000-square-foot building at 733 S. Pioneer St. in Boise. Its eventual production potential could top 100,000 barrels annually.
“One of the reasons we chose Boise is it has a fantastic craft beer scene going,” said Love, who founded Mother Earth Brew in 2008. “I want to catch the wave.”
One of 115 licensed brewing entities in San Diego County, Mother Earth Brew originally opened in a space that was just more than 2,000 square feet.
...More info on site
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USA, OH: Fifty West Brewery to open additional brewing facility in Cincinnati by spring
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A popular Cincinnati craft brewery has unveiled a major expansion plan, WKRC TV Cincinnati reported on October 3.
Fifty West Brewery on Wooster Pike in Cincinnati plans to take over the Hahana Beach property.
They'll invest $1.5 million in improvements.
The additional brewing facility will include bigger tanks to expand Fifty West Brewery's capacity to serve and supply local bars and restaurants.
The owners hope to have it open sometime next spring.
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USA, NJ: Krogh’s Brewing Co. to open in Newton by June 2016
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The owner of Krogh’s Restaurant & Brew Pub in Sparta is closer to opening a craft brewery after the Newton Town Council approved an escrow account to cover town fees on September 28 meeting, Daily Record reported on October 4.
Specifically, Krogh Brewing’s owner Bob Fuchs provided $8,500 for “municipal undertakings” for town officials to begin working on changes to allow the brewery - Krogh’s Brewing Co. - to move into the building and eventually commence production.
A popular brew pub and restaurant in the Lake Mohawk section of Sparta, Krogh’s Brewing was established in 1923 but didn’t begin brewing its own beer until 1999. But for the last decade, Fuchs said they’ve been brewing at maximum production.
“We’ve been selling out of our beer,” Fuchs said. “We can’t meet the demand.”
Which is why Fuchs said the primary recipient of Krogh’s Brewing Co. will be the restaurant and brew pub of the same name.
“We’re going to sell it right back to the restaurant and offer more taps,” Fuchs said. “The young market loves selection and change.”
Currently, Krogh’s Brewing offers seven flagship beers and some rotating seasonals. Fuchs said he hopes to increase production ten-fold to support about 12 to 14 Krogh’s Brewing
...More info on site
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World: SABMiller rejects increased takeover proposal by AB InBev
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Anheuser-Busch InBev increased the pressure on SABMiller on October 7 to agree to a takeover, saying that it was now willing to pay about
...More info on site
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World: SABMiller’s second-quarter beer volume up 1%
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SABMiller Plc, the brewer that’s in takeover talks with Anheuser-Busch InBev NV, said beer volume returned to growth in the second quarter, helped by
...More info on site
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World: Heineken and Diageo complete assets swap in Jamaica, Malaysia, Singapore, Ghana
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Heineken N.V. ("HEINEKEN") on October 7 announced that HEINEKEN and Diageo plc ("Diageo") have completed a transaction to bring increased focus to their respective
...More info on site
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Slovenia & the Netherlands: Heineken receives go-ahead to acquire majority stake in Slovenian brewer Pivovarna Laško
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Dutch brewer Heineken has received the go-ahead to acquire a majority stake in Slovenian brewer Pivovarna Laško conditional on the implementation of corrective measures
...More info on site
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Poland: January-August beer production the highest in ten years
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The beer industry in Poland has grown from strength to strength, fuelled by thirst for Polish brews in the country and abroad, Radio Poland
...More info on site
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World: Glencore reported to be mulling sale of stake in its agriculture division
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Further consolidation within the international grain-trading sector could be on the cards after reports emerged last week that Glencore International, the Swiss-based commodities group,
...More info on site
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Germany: Craft beer launches increase significantly in 2014
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New research from Mintel has found that one in eight (12%) beers launched in Germany in 2014 was categorised as craft, up from only
...More info on site
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Brazil: Heineken invests R$150 mln in brewery in Sao Paulo
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Dutch brewing giant Heineken N.V. has invested R$150 mln (USD38.5 mln) in expansion and modernization of its brewery in Jacarei, Sao Paulo, Valor Economico
...More info on site
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Switzerland & France & Germany: Ameropa and Vivescia terminate negotiations on sale of malting barley trader Interbrau
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Swiss grain trading group Ameropa said on September 28 it would not go ahead with the sale of German malting barley trader Interbrau GmbH to French co-operative group Vivescia, as conditions for the deal had not been met.
The companies entered into an agreement in mid-July for the takeover of Interbrau by Vivescia, parent of the world’s biggest maltster Malteurop, for an undisclosed amount. Ameropa said the deal was still subject to certain conditions.
“These conditions have failed to materialize, and the parties have therefore terminated their negotiations,” it said in a statement without giving further details.
Ameropa is among the leading grain traders in central and Eastern Europe. The company had said in July the deal with Vivescia came as it was making sizeable investments to enhance its grain origination infrastructure, including the construction of a new port terminal at Constanta in Romania.
“Whereas we believe that the transaction could have been beneficial to all parties involved, we are no less pleased that Interbrau will remain a member of the Ameropa Group and we shall continue to give it our full support,” the company said.
Interbrau specializes in international malting barley trading and logistics, and operates in Europe, Latin America, Asia, Australia and Canada.
Vivescia
...More info on site
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Zimbabwe: SABMiller’s Delta Corporations says lager volumes return to growth in Q2
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Delta Corporations Limited, the Zimbabwean brewer that’s the southern African nation’s biggest company by market value, said lager volumes returned to growth in the second quarter as price cuts and a shift by drinkers to cheaper brands boosted consumption, The Zimbabwe Daily reported on October 6.
Volumes of the alcoholic beverage gained 5 percent in the three months through September, compared with a 29 percent fall in the same period a year earlier, the unit of London-based SABMiller Plc said in an e-mailed statement on October 6. Total revenue fell 6 percent in the period, as lower prices and a 14 percent slump in sales of sparkling drinks weighed.
“Price adjustments were implemented to stimulate volume, with particular focus on core lager which remains in decline,” the Harare-based company said. “The trading environment remains challenging.”
Delta lowered the price of a pint of lager to 80 cents from 90 cents this month, the second price cut this year. Zimbabwean consumer spending has been weak amid the country’s worst economic crisis since 2008, as businesses battle tight liquidity and deflation, while the government struggles to pay civil-service wages on time.
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Tanzania: Tanzania Breweries Limited producing greener beer at its Mwanza plant
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Green beer may not sound too appealing, but in Mwanza, Tanzania, it's going down a treat. A locally produced "greener" brew not only slakes thirst but is reducing the carbon footprint of the country's second largest city, Mail Online reported on October 6.
Tanzania Breweries Limited is tapping biomass energy to produce more sustainable beer while cutting its fuel costs.
"We have adopted new technology which has enabled us to use rice husks as fuel for our boilers instead of heavy furnace oil," said Sunday Kidolezi, manager for the firm's Mwanza utility in the north of the East African country.
The husks used to generate electricity are considered a waste product by local farmers. Growers tend to leave them piled in huge mounds, burn them outdoors or dump them in the forest, making them a source of climate-changing carbon emissions.
According to Kidolezi, more than 60 percent of the Mwanza factory's electricity now comes from the husks, which it buys from local farmers. Furnace oil accounts for just 10 percent of the energy the company uses, with the balance coming from the national grid.
As a result, the brewery has halved carbon emissions at its Mwanza plant, to 4,451 tonnes in 2014 from 8,909 tonnes
...More info on site
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