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E-Malt.com Newsletter 43a
October 19 - October 21, 2015
Quote of the Week
Patience, persistence and perspiration make an unbeatable combination for success.
Napoleon Hill
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Currency Rates
Base Currency: US Dollar
on October 21, 2015 |
Base Currency: Canadian Dollar
on October 21, 2015 |
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1 USD = 0.8814 EUR
1 USD = 0.6464 GBP
1 USD = 1.3004 CAD
1 USD = 1.3758 AUD
1 USD = 119.6400 JPY
1 USD = 3.8841 BRL
1 USD = 62.1620 RUB
1 USD = 6.3413 CNY
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1 CAD = 0.7689 USD
1 CAD = 0.4969 GBP
1 CAD = 0.6777 EUR
1 CAD = 1.0578 AUD
1 CAD = 91.9800 JPY
1 CAD = 2.9863 BRL
1 CAD = 47.6615 RUB
1 CAD = 4.8755 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Canadian barley crop turns out much better than expected, but malting quality is mixed
...Click here
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USA: US senators to hold hearing on AB InBev-SABMiller deal
...Click here
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USA: Craft Brew Alliance outlines its 2016 regional strategy
...Click here
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USA, WA: Seattle’s Pike Brewing Co. expands to brew more beer and add more capacity to its pub
...Click here
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USA, CA: Ballast Point Brewing decides to go public
...Click here
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USA, MO & AZ & KY: Boulevard Brewing Company expanding sales to two more states
...Click here
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USA, CO: Verboten Brewing moves to larger location in Loveland
...Click here
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USA, OR: Public Coast Brewing Company set to open next spring in Cannon Beach
...Click here
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USA, IN: Switchyard Brewing to launch in Bloomington next year
...Click here
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USA, VA: Back Bay Brewing in Virginia Beach to invest nearly $2 mln in new manufacturing facility
...Click here
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USA, MN: Bad Habit Brewing Co. getting ready for Halloween launch in St. Joseph
...Click here
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USA, TX: Holler Brewing LLC raises necessary funds to build a brewery in Houston
...Click here
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USA, NH: Hooksett’s White Birch Brewing growing again
...Click here
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USA, CT & ME: Two Roads Brewing starts distribution of its brands in Maine
...Click here
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China & Japan: Tsingtao Brewery to buy out equity interest it did not already own in joint venture with Japan’s Suntory Holdings
...Click here
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Vietnam: Analysts believe more and more M&A activity will be seen on Vietnamese beer market soon
...Click here
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China: Barley import in January-August totals 7.4 mln tons
...Click here
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Japan: Government may decide to overhaul beer tax system in fiscal 2017 - sources
...Click here
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UK: Barley crop this year may be the largest since 1997
...Click here
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Vietnam: Alcohol and beer consumption increasing every year
...Click here
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EU: Study finds out the highest prices for pint of beer are paid in Sweden, Denmark, and France
...Click here
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Ireland: Irish distilleries want more local malting barley
...Click here
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South Africa: South African unions want to block takeover of SABMiller by AB InBev
...Click here
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Cyprus: Beer sales up 3.05% in January-September this year
...Click here
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Australia: Coopers Brewery not really interested in expanding imported beers portfolio
...Click here
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South Korea: Shortage of recycled glass bottles forces brewers to cut production
...Click here
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Graph of the Week
Table of the Week
Germany Hop Production 2013-2015s
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
Let the yeast control the hop flavour
ABSTRACT
When we think of yeast and hop aroma, we first
think about the biotransformation reactions
that take place, where the contribution to flavor
is still debatable. Yeast can also be seen as a biosorbant for selective adsorption of hop
aroma components. In this context non-viable
brewing yeast was used successfully by these
Japanese researchers. This application could be
used to add hop flavours into alcohol free beers
or for identifying hop aroma compounds in
beer.
Read more
Source: Barth Innovations
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These Days in Business History
19 October
1819 - Joseph C Juglar is born, French physician/economist, Crises Commercial
1987 - Wall Street takes its worst plunge of the modern era, as the Dow loses 508 points, or 22.6% (the worst daily loss on record), to close at 1738.74
1988 - Friedrich Weinreb, Polish/Neth theologist/economist, dies at 77
20 October
1928 - magnate/multi-millionaire Ken Morrison was born, executive chairman of the Wm Morrison Supermarkets plc, the fourth largest chain of supermarkets in the United Kingdom
1973 - OPEC oil embargo begins
1983 - IBM-PC DOS Version 2.1 released
21 October
1492 - Columbus' discovers America (Oct 12, 1492 Julian calendar)
1879 - Thomas Edison perfects carbonized cotton filament light bulb
1987 - Nobel prize for economy awarded to Robert M. Solow
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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Canada: Canadian barley crop turns out much better than expected, but malting quality is mixed
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Dry weather this spring in the western provinces of Canada greatly reduced the hope of a good barley crop at planting time. But, according
...More info on site
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USA: US senators to hold hearing on AB InBev-SABMiller deal
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The U.S. Senate Judiciary Committee's antitrust subcommittee will hold a hearing to discuss Anheuser-Busch Inbev SA's plans to buy rival SABMiller PLC, two senators said on October 20.
The world's biggest brewer, Anheuser-Busch InBev, and SABMiller, the world's No. 2, said in mid-October that they had agreed on terms for a deal that is expected to top $100 billion (65 billion pounds).
Senator Mike Lee, a Utah Republican and chairman of the Senate's antitrust panel, announced the hearing along with the top Democrat, Senator Amy Klobuchar of Minnesota, Reuters reported.
No date or other details of the hearing were given.
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USA: Craft Brew Alliance outlines its 2016 regional strategy
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In an effort to keep up with the growing consumer desire for local craft brands, executives from Craft Brew Alliance stressed the importance of their 2016 regional strategy during the company’s annual national CBA-Con meeting with Anheuser-Busch InBev wholesalers, held on October 14 in Las Vegas, Brewbound.com reported.
That strategy includes an increased emphasis on strengthening sales of core brands in home markets and a focus on investing in new craft breweries via the company’s emerging business division, which has already inked partnerships with North Carolina’s Appalachian Mountain Brewery and Nantucket-based Cisco Brewers.
To grow sales of both existing core brands and to accelerate sales of partner brands like AMB and Cisco, CBA will refocus its efforts on a deliberate “home market strategy,” Brady Walen, the company’s director of brand marketing, said.
“This is about ensuring that we have really strong brands in our home markets where they are most locally relevant and where it matters most from a brand health and profitability standpoint,” he said.
The company believes that by concentrating sales and marketing efforts for Widmer and Redhook in the Pacific Northwest, for instance, it can achieve higher profit margins and greater local relevance “where it matters most.”
In markets where Redhook and
...More info on site
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USA, WA: Seattle’s Pike Brewing Co. expands to brew more beer and add more capacity to its pub
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Pike Brewing Co. says it will expand the space it occupies on downtown Seattle’s First Avenue by 25 percent so it can brew more beer, get more street visibility, and add more capacity to its pub, The Seattle Times reported on October 16.
The 5,500-square-foot expansion will enable beer production, currently at 12,500 barrels of beer a year, to increase by one quarter, said the brewery’s vice president of operations, Drew Gillespie.
The new space will replace a high atrium that currently looks out onto First Avenue and will house the restaurant, which is currently below ground level and lacks a street presence.
“That is a huge advantage. Many people don’t know where we are,” Gillespie said.
The brewery, founded in 1989 by Charles and Rose Ann Finkel, also announced it was expanding its roster of partners to add three long time employees: Gillespie, vice president controller Patti Baker and executive chef Gary Marx.
Adding the new partners responds to the founders’ desire for Pike Brewing to remain an independent company. “They realize it takes generations to make that happen,” Gillespie said.
The move comes after Elysian Brewing, another popular local brewery, was bought in January by giant Anheuser-Busch.
Separately, Tacoma-based Pacific Brewing & Malting Co. said
...More info on site
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USA, CA: Ballast Point Brewing decides to go public
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At a time when many craft brewers are opting to sell their businesses, California’s Ballast Point Brewing & Spirits has an unconventional plan for the brewer’s future: it’s going public, Fortune reported on October 19.
The San Diego-based craft brewery, the nation’s 31st largest craft brewer, has officially filed plans to go public with the Securities and Exchange Commission. The brewer would be one of the few publicly traded craft beer companies, joining a small club with Sam Adams maker Boston Beer and Redhook and Kona brewer Craft Brew Alliance. There were also reports over the summer that SweetWater could go public, but that deal hasn’t occurred yet.
The craft beer space is a hot sub-segment of the $101.5 billion U.S. beer industry. Though volume for the total beer industry has been generally flat, the craft beer segment’s market share has jumped from 5% in 2010 to 11% last year. The hot growth has led some craft brewers to sell their businesses to larger rivals or private equity firms that see great potential in the smaller brewer’s growth prospects. The pace of those deals for the past few years has led to some controversy in the craft beer industry. An IPO filing
...More info on site
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USA, MO & AZ & KY: Boulevard Brewing Company expanding sales to two more states
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Boulevard Brewing Company, the popular Kansas City, Missouri brewer, is expanding its territory to two more states and increasing its presence in some states it's already in, KMBC Kansas City reported on October 19.
Boulevard Brewing Company announced that it will begin distributing its beers in Arizona and Kentucky in January 2016.
"With the addition of six new 1,000-barrel fermentation tanks, plans to expand our distribution territory can become a reality," said Bobby Dykstra, Vice President of sales for Duvel Moortgat USA, the owner of Boulevard Brewing Company. "There has been a strong and persistent demand for Boulevard beers in Arizona for quite some time and Kentucky is seeing an explosion of craft beer excitement. We're thrilled to bring the taste of the Midwest to these states."
In addition to adding Arizona and Kentucky to its territory, Boulevard will also begin selling beers in Michigan, Connecticut, Rhode Island and parts of upstate New York in early 2016.
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USA, CO: Verboten Brewing moves to larger location in Loveland
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Loveland’s Verboten Brewing has closed its original, industrial district brewhouse and taproom and is moving to a larger downtown space, Coloradoan reported on October 19.
The new Verboten brewery will open at 125 E. 5th St. in Loveland in mid-January, said owner Josh Grenz. It will be almost three times the size of the brewery’s former space, which was located across from Dancing Pines Distillery on Taurus Court.
Grenz said he is looking forward to a central Loveland location and more room for growing his nearly 3-year-old business. The new brewery will fit around 65 people in its taproom and allow for an expanded brewing operation and bottling line in the back.
Verboten currently distributes kegs and bottles only around Northern Colorado and as far south as Denver.
Even with brewing halted, though, Grenz said that bars and stores carrying beers such as Thinking of Something Orange, Killer Boots and Angry Banjo shouldn’t run dry before the new brewery’s opening.
“We brewed enough to pretty much bridge the gap,” he said. “But it’s getting pretty tight at this point.”
To keep the beer flowing, Grenz and his team will contract brew at Snowbank Brewing in Fort Collins.
The practice of contract brewing is common for brewers who
...More info on site
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USA, OR: Public Coast Brewing Company set to open next spring in Cannon Beach
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The Lumberyard Rotisserie and Grill, 264 E. Third St., Cannon Beach, Oregon, closed earlier this month so construction could begin on a new brewery, according to a press release.
Public Coast Brewing Company, set to open next spring, will produce seven house beers from a 10-barrel brewing system, according to the release. Portland Brewing Company co-founder Fred Bowman is collaborating on the project.
The Lumberyard was purchased in 2004 by Ryan and Stephanie Snyder of Martin Hospitality, which also operates Cannon Beach's Stephanie Inn, Surfsand Resort and The Wayfarer Restaurant.
"We're excited to move forward with a project that's been a lifelong dream for me," Ryan Snyder said in the release. "We look forward to offering a unique new venue on the North Coast, and leaving our mark on Oregon's respected beer culture."
According to the Oregon Brewer's Guild, Public Coast will be the 23rd Oregon Coast brewery and third in Cannon Beach, after Bill's Tavern & Brewhouse and Warren House Pub.
The brewery's name was inspired by the Oregon Beach Bill, the 1967 legislation that ensured the Oregon Coast would remain open to the public.
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USA, IN: Switchyard Brewing to launch in Bloomington next year
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In 2016 Bloomington will be home to a new $4 million brewpub, Indiana Daily Student reports.
In an Oct. 21 press release, Switchyard Brewing Company announced they had selected the former RCA/Thompson site, located at 1320 S. Rogers St., as the destination brewpub’s location. The 1.3 acre area will house the 10,500 square foot facility, an onsite parking lot and a large outdoor patio.
Switchyard is an independent Bloomington-based brewpub. It was founded by two Indiana natives in 2014.
“Like many American start-up companies, our dream began several years ago on the workbench of a two-car garage,” Switchyard Brewing co-founder Kurtis Cummings said in the release. “After two years of developing our business plan, walking through potential sites and perfecting our craft, we are incredibly excited to build near the future Switchyard Park.”
Switchyard Park is the 58-acre stretch of land the City of Bloomington plans to turn into a park.
The release claimed the future brewpub will provide a different experience. Customers will be able to see the 15 barrel brewhouse and fermentation cellar as well as special-event spaces and performances on the indoor stage.
The facility is being designed by local architect Ryan Strauser. It will be inspired by the founders’ traveling experiences.
The brewery
...More info on site
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USA, VA: Back Bay Brewing in Virginia Beach to invest nearly $2 mln in new manufacturing facility
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Back Bay Brewing Co plans to invest nearly $2 million to open a manufacturing facility to increase production for the company at 1140 Loretta Lane in Virginia Beach, according to a city news release.
The company had been manufacturing its beer distribution in Hampton while running a tasting room with a small-batch facility at 614 Norfolk Ave.
Josh Canada, Charlie Burroughs, George Powell and Will Yearick established Back Bay Brewing in 2011. The brewery, with beers like the Witch of Pungo and Atlantic Avenue IPA, distributes to 250 stores and restaurants.
“We felt the time was right to make this investment after the demand for our products is well established in the marketplace,” Canada said in a news release.
Virginia Beach Development Authority awarded Back Bay an $80,000 grant for the project. The company also use locally grown hops in its brewing process and its new production facility will be closer to the Virginia Beach agricultural center.
The company also plans to open Wolf Street Brewing Co. in Harrisonburg this month, according to the news release.
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USA, MN: Bad Habit Brewing Co. getting ready for Halloween launch in St. Joseph
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Bad Habit Brewing Co. in St. Joseph finally has an official opening date, St. Cloud Times reported on October 20.
The brewery at Suite 108 at 15 Minnesota St. E will open its doors to the public at 2 p.m. Oct. 31.
Bad Habit is also hosting an exclusive preview of the taproom the day before on Oct. 30.
“My head is spinning right now,” joked founder Aaron Rieland, who worked for about two years to secure a brewery location. “I’m obviously nervous but also very excited.”
Rieland said he’s already kegged two of the beers.
Bad Habit brews on a five-barrel system and is scheduled to launch with a chocolate milk stout, India pale ale, Saison, cream ale and non-alcoholic root beer on tap. Each evolved from Rieland homebrew recipes.
Normally, the brewery will be open Fridays and Saturdays. Rieland said they will explore adding Thursday hours in the near future.
“I can finally see the light at the end of the tunnel,” Rieland said. “All that’s left are a few odds and ends.”
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USA, TX: Holler Brewing LLC raises necessary funds to build a brewery in Houston
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Holler Brewing LLC, a new brewery scheduled to open in Houston’s historic First Ward neighborhood, has raised $250,000, according to a filing with the Securities and Exchange Commission.
The money will be used to help the fledgling brewery get through the buildout of its space in the Silos on Sawyer development, which could be Houston's premier arts district once completed.
An opening date for the new brewery hasn't been set yet, but this money should help Holler bring the project to fruition, co-founders John and Kathryn Holler told the HBJ.
"We looked at how much money we had, and we needed $250,000 to balance it out," John Holler said.
The money will go to help purchasing equipment and eventual construction costs, Holler said.
The cash was raised from a group of 19 investors in Holler Brewing's private network, John Holler said.
"(Raising the money) was fine. People are really excited about it," Holler said. "There's a lot of excitement about craft beer right now."
He's right. Houston's seen several breweries pop up over the past couple of months, including BackPew Brewing near George Bush Intercontinental Airport, Town In City Brewing Co. in the Heights and Spindletap Brewing, which is expected to open its north Houston brewery Nov. 7.
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USA, NH: Hooksett’s White Birch Brewing growing again
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Founded in 2009 as one of New Hampshire’s first nano breweries, White Birch Brewing is growing again. In October 2015, White Birch Brewing has ordered five more 60 barrel tanks, a doubling of its canning line speed to 60 cans per minute, and more supporting equipment from American Beer Equipment, Brewbound.com reported.
Founder Bill Herlicka said:
“When we added a canning line from American Beer Equipment it allowed us to take our customers favorite beers and put them into a convenient six pack format. The response to our canned product has been beyond our wildest expectations. The products we’ve bought from American Beer Equipment have allowed us to reach new markets, increase our volumes and our quality.”
CEO David Herlicka commented:
“Our distribution partners have done an amazing job of taking our canned Hop Session and Berliner beers out to the marketplace. Our customers love our six pack product lines and want more. It’s exciting to be part of White Birch Brewing grow from production of 500 barrels in 2014, to 7000 in 2015 and 20,000 in 2016.”
White Birch Brewing is a 30 barrel brewery located in Hooksett, NH. Founded in June 2009, White Birch Brewing distributes its
...More info on site
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USA, CT & ME: Two Roads Brewing starts distribution of its brands in Maine
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Stratford, CT-based Two Roads Brewing Company announced that the brand will be rolling into the state of Maine and they are pleased to be teaming up with Nappi Distributors and Pine State Traders. The launch will begin the week of October 19th with a series of kick-off events throughout the state. Maine is now the eighth state to distribute the Two Roads brand, TheFullPint.com reported on October 20.
Two Roads Region and New Market Manager Meghan Zachry remarked, “We are very excited to partner with Pine State Trading and Nappi Distributors to bring our beers to the Maine market. These are two great companies with a proven ability to grow brands in their respective territories. Maine has a dynamic craft beer culture and we are looking forward to bringing our unique and high quality beers for this community to enjoy.”
Two Roads Brewing Company was founded in 2012 by four friends who dreamed for years of starting a craft brewery. The company they created fosters a “road less traveled” philosophy in the beers they make and how they make them. In that spirit, Phil Markowski, their award-winning Brewmaster and 25 year craft beer veteran, has created an extensive lineup that takes a
...More info on site
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Russia: January-September beer output down 8%
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Russia’s beer output in January-September declined by 8% as compared to the same period last year, Rosstat data showed.
In September alone, the volume brewed
...More info on site
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China & Japan: Tsingtao Brewery to buy out equity interest it did not already own in joint venture with Japan’s Suntory Holdings
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Tsingtao Brewery Co Ltd said on October 19 it would buy the equity interest it did not already own in a loss-making brewery joint
...More info on site
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Vietnam: Analysts believe more and more M&A activity will be seen on Vietnamese beer market soon
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With Japanese Sapporo in Sapporo Vietnam (SVL) joint venture buying 29 percent of SVL stake from the Vietnamese partner, the Vietnamese beer market is
...More info on site
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China: Barley import in January-August totals 7.4 mln tons
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China’s feed grain imports in January/August were 7.4 mln tons of barley, 7.0 mln tons of sorghum, 4.35 mln tons of DDGs (distiller's dried
...More info on site
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EU: Pace of barley export impressive this year
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The pace of EU export barley shipments in the new crop year has been impressive, 3.3 mln tons of export licences have been booked
...More info on site
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Japan: Government may decide to overhaul beer tax system in fiscal 2017 - sources
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Japan’s government and ruling camp are likely to forgo a beer tax overhaul under annual tax system reforms for fiscal 2016, which starts in April, informed sources were quoted as saying by The Japan News on October 21.
This is partly because discussions on introducing a reduced tax rate to cushion the impact of the consumption tax increase from 8 percent to 10 percent in April 2017 are expected to take a long time.
Another reason is that the government and ruling bloc hope to avoid the public feeling a heavier tax burden from the beer tax change ahead of the House of Councillors election in summer next year, the sources said.
Currently, a tax of ¥77 per 350 millilitres is imposed on beer, ¥47 on “happoshu” low-malt quasi-beer and ¥28 on so-called third-segment quasi-beer drinks with little or no malt content.
In its fiscal 2015 tax reform package, the ruling camp said that the differences in taxes affect the product development and sales volumes of beer and lead to lower tax revenue.
Against this background, the government has been considering narrowing the tax differences gradually and introducing a unified tax of about ¥55.
But some ruling bloc officials are now concerned about raising taxes on
...More info on site
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UK: Barley crop this year may be the largest since 1997
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The United Kingdom’s Department for Environment, Food & Rural Affairs (Defra) provisionally estimates UK 2015 barley production at 7.281 mln tonnes, 5% higher than
...More info on site
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Vietnam: Alcohol and beer consumption increasing every year
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While alcohol consumption in other countries has barely changed in the past decade, the number of people consuming alcohol and beer is increasing every year in Viet Nam, Viet Nam News reported on October 20.
According to Pham Thi Hoang Anh, director of non-governmental organisation HealthBridge, Viet Nam consumes over 3 billion litres of beer and nearly 68 million litres of alcohol each year, costing US$3 billion a year.
In 2005, the average consumption of alcohol per capita of Vietnamese adults was at 3.8 litres per person, but this figure doubled to 6.6 litres per person in the following year.
A recent survey shows 57.72 per cent of Vietnamese households often use alcohol while rich families and highly educated people have shown a quantum leap in their consumption.
The survey also showed that alcohol and beer are on their regular daily food list, and not just on holidays.
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EU: Study finds out the highest prices for pint of beer are paid in Sweden, Denmark, and France
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The average cost of a pint of beer in the UK is GBP 3.46 (some EUR 4.7), more than three times higher than in Romania, where the same pint costs GBP 1 (EUR 1.36).
The Czech Republic, which is famous for its high beer output and consumption, has the lowest beer price out of 13 European countries, only GBP 0.72 (EUR 1), according to an infographic made by British real estate consultancy firm Citybase Apartments.
Romania has the second lowest price for the beer pint. Beer is also cheap in Belgium (GBP 1.27), Lithuania (GBP 1.30), the Netherlands (GBP 1.69), and Spain (GBP 1.74).
On the other hand, the highest prices for the pint of beer are in Sweden (GBP 5), Denmark (GBP 4.7), and France (GBP 4.66), the same analysis shows.
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Ireland: Irish distilleries want more local malting barley
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The surge in whiskey sales may not be having an impact on grain prices but it is delivering increased demand for malting barley, The Irish Independent reported on October 21.
Irish whiskey exports are worth €300 mln a year but Irish Farmers' Association (IFA) grain committee chairman, Liam Dunne, says not all Irish whiskey under production is being made with Irish grain.
"We would like to see that Irish produced whiskey has the maximum amount of native grains in it instead of importing other grains such as maize.
"The guys (distillers) themselves have to make up their own minds about what they want to put into it. That's what decides what the whiskey is going to be like afterwards and we're not in a position to interfere in telling them what should be in their mash.
"We would like to think that if they want to put Irish on the bottle, and it is a growing brand, they should have it as Irish as possible," he said.
Mr Dunne added that Ireland is capable of growing plenty more barley to match the excelling industry.
"Our capacity to grow malting barley is not limited - we can grow a lot more of it," said Mr Dunne.
“So we're
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South Africa: South African unions want to block takeover of SABMiller by AB InBev
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Powerful unions in South Africa have called on competition regulators to block the £68 billion takeover of SABMiller by Anheuser-Busch InBev, This Is Money reported on October 20.
London-listed SAB is Africa’s biggest brewer with a heritage dating back 120 years. But workers’ groups in South Africa fear the deal will trigger job cuts.
Budweiser owner InBev has a track record of growing by debt-fuelled acquisitions and repaying loans through fierce cost-cutting.
South Africa’s Food and Allied Workers Union (FAWU) said it would oppose the merger as did the Congress of South African Trade Unions (Cosatu).
It said the government, regulators and pension funds should not agree to the takeover, which would create the world’s largest brewer, bringing together a host of lagers including Stella Artois, Peroni and Budweiser.
The deal would also trigger a huge payday for SAB chief executive Alan Clark, who stands to walk away with £70 million from the shares and options he holds.
It is possible that the government could block the deal if it looks like jobs may be affected, or the amount of taxes collected reduced.
A delay is more likely while specific assurances are negotiated. SAB employs around 8,800 workers in South Africa and contributed £780 million
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Cyprus: Beer sales up 3.05% in January-September this year
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Beer sales in Cyprus recorded a 3.05% increase on an annual basis between January and September this year, reaching 28.28 million litres, compared to 27.44 million litres during the same period in 2014. At the same time beer exports were up by 23.3%, FG News reported on October 19.
Data released by the Cyprus Statistical Service on beer deliveries for local consumption shows that deliveries were up in the warmest months of the year, with July in the lead with 4.7 million litres and August following with 4.42 million.
Consumption equals on average 39 litres per person if one takes into consideration the 2011 census of 705,111 of people in the age group of 15 to 64.
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Australia: Coopers Brewery not really interested in expanding imported beers portfolio
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The managing director of Australia's third-largest beer company, Coopers Brewery, says there might not be room for any extra imported beer brands in his portfolio if any were to spring free in Australia from the proposed global A$146 billion merger of Anheuser-Busch InBev and SABMiller, The Sydney Morning Herald reported on October 20.
Tim Cooper says Coopers has been able to deliver solid growth from the Carlsberg brand and Kronenbourg 1664, which it took over from Foster's Group in 2012 under a licensing deal following the A$12.3 billion takeover of Foster's by SABMiller.
"It's been growing every year," Dr Cooper said of the Carlsberg brand, which is the flagship imported brand.
Coopers also has the Japanese brand Sapporo in its international portfolio.
"They both keep us pretty busy," he said.
Foster's surrendered the licences to Carlsberg, Corona and Stella Artois in the space of a few months after the takeover by SABMiller under change of control clauses. Arch rival Lion took on Corona, which is the No 1 imported beer in Australia and has 5.9 per cent of the total market by volume, and Stella Artois.
The Australian Competition and Consumer Commission says it will take into account a number of factors, including imported beer
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South Korea: Shortage of recycled glass bottles forces brewers to cut production
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A shortage of recycled glass bottles has hit South Korea’s Hite-Jinro, Oriental Brewery (OB) and other alcohol companies, forcing them to cut production ahead of the year-end party season, according to industry officials quoted by Korea Times on October 21.
The officials blame the government for its plan to hike bottle deposits in January, which they say has encouraged consumers and retailers to hoard empty glass bottles to receive higher deposits from alcohol companies next year.
Makers of soju, beer and other alcoholic beverages are expected to further slash production in November and December, because of the worsening bottle shortage, when alcohol demand is at its peak.
According to the Korea Alcohol & Liquor Industry Association (KALIA), the average recovery rate of glass bottles at liquor companies stood at 78.9 percent in September, down sharply from 96.8 percent a year earlier.
The association projects that the recycling rate will further decline in the fourth quarter, saying more consumers, junk shops and retailers will hold onto empty bottles until January to get higher deposits from brewers and distillers.
On Sept. 3, the Ministry of Environment unveiled the revised recycling promotion bill, stipulating that the amount of deposits consumers can get for returning empty liquor bottles to
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