|
Newsletter Summary
Last five graphs
Note: All graphs issued with e-malt.com newsletters
are published in "Graph" section
of e-malt.com site.
Last five tables
All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.
Last five prices evolutions
Access to E-malt.com
Do you know
E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Newsletter 06a
February 08 - February 10, 2016
Quote of the Week
You can have it all. Just not all at once.
Oprah Winfrey
|
You are one of the
54,000 professionals of the brewing and malting industries
from
195 countries
receiving our free bi-weekly
E-malt Newsletters
published since 2001. You seem to be pleased by getting them as we have registered something like
3 mln readings.
To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.
You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!
CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:
One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros
For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381;
Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)
|
Currency Rates
Base Currency: US Dollar
on February 10, 2016 |
Base Currency: Canadian Dollar
on February 10, 2016 |
| |
1 USD = 0.8902 EUR
1 USD = 0.6927 GBP
1 USD = 1.3900 CAD
1 USD = 1.4186 AUD
1 USD = 115.0500 JPY
1 USD = 3.8901 BRL
1 USD = 78.6805 RUB
1 USD = 6.5727 CNY
|
|
1 CAD = 0.7193 USD
1 CAD = 0.4982 GBP
1 CAD = 0.6403 EUR
1 CAD = 1.0204 AUD
1 CAD = 82.7500 JPY
1 CAD = 2.7981 BRL
1 CAD = 56.5040 RUB
1 CAD = 4.7277 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
USA: US surpasses Germany as the world’s largest hop producer for the third time in the past 10 years
...Click here
|
USA: Some malting barley growers still waiting for contracts to be released by maltsters
...Click here
|
USA, VA: Triple Crossing Brewing Co. purchases new building for expanding in Richmond’s East End
...Click here
|
|
USA, FL: Cigar City Brewing rumoured to be the next craft brewery to be acquired by AB InBev
...Click here
|
|
Canada, ON: Shawn & Ed Brewing Company finally starts production
...Click here
|
|
USA, AL: Bluewater Brewing Company the newest craft brewery to enter Alabama beer scene
...Click here
|
|
USA, TX & OK: Rahr & Sons Brewing Co.’s craft beers coming to Oklahoma in March
...Click here
|
|
USA, OH: Rhinegeist Brewery triples production in 2015
...Click here
|
|
USA, AL & FL & TN: Good People Brewing Co. to enter new markets in Florida and Tennessee
...Click here
|
World: Malt shipments by major exporters in July-November 2015 lower than the year before
...Click here
|
|
World: Heineken’s full year sales figure comes in just under expectations
...Click here
|
|
World: Carlsberg reports 4% decline of group beer volumes in 2015
...Click here
|
|
UK: BBPA and Camra call for another cut in beer duty as 2015 consumption declines by 1.5%
...Click here
|
|
Japan & EU: Asahi Group nearing deal to buy SABMiller’s Peroni and Grolsch brands for $3.5 bln - sources
...Click here
|
|
World: USDA raises world barley trade forecast for 2015/16
...Click here
|
|
China: China’s brewers looking to reduce overcapacity and downsize decrepit operations amid declining sales
...Click here
|
|
EU: Barley markets under pressure from large grain crops and supplies
...Click here
|
|
India: Beer accounts for 7% of India’s total alcohol consumption, survey shows
...Click here
|
|
India: United Breweries expects beer demand to grow 5-7% in 2016
...Click here
|
|
Hong Kong: San Miguel Brewery Hong Kong registers net loss of HK$16.9 mln last year
...Click here
|
|
Zimbabwe: Delta Beverages to build two new plants for brewing its Chibuku Super brand
...Click here
|
|
India: Strong beer helping Carlsberg ride out sluggish sales
...Click here
|
|
Portugal: Duty on beer may increase by 3% this year
...Click here
|
|
Japan: Asahi to name beer unit’s head as president of Asahi Group Holdings
...Click here
|
|
Australia: Lion cutting 39 jobs at its James Boag brewery in Tasmania
...Click here
|
|
World: Coca-Cola seen as next possible takeover target for AB InBev
...Click here
|
Graph of the Week
Table of the Week
EU Barley Malt Export
Prices Evolution
Barley Prices
Canadian Malting and Feed Barley Prices
US Malting and Feed Barley Prices
French Malting and Feed Barley Prices
German Malting Barley Prices
Theoretical Malt Prices
Canadian Malt Prices
US Malt Prices
Theoretical EU Malt Prices
Scientific Digest
LUPULIN GLANDS IN FULL BEAUTY
ABSTRACT
Scanning electron microscopy (SEM) is a powerful
way to see exact details in a nano or micro scale. This
work used SEM to assess lupulin glands from different
hop varieties. These pictures show the changes and
development of lupulin gland during the growing season.
For each hop variety, 50 micrographs were visually
assessed and compared based on lupulin surface
topography, degree of fullness, and volume. The gland
features were correlated and clustered against the
chemical properties of the corresponding variety. The
cluster data confirmed there are larger gland volumes in
the bittering hop varieties independent of the country
of origin. In further research it would be valuable to
investigate the same hop variety grown in different
countries and to determine the effect of environmental
and handling conditions on the structural features of the
lupulin glands.
Read more
Source: Barth Innovations
|
These Days in Business History
08 February
1883 - Louis Waterman begins experiments to invents fountain pen
1926 - Walt Disney Studios forms
1971 - NASDAQ market opens for stock trading, as the National Association of Securities Dealers Automated Quotation system first displays the median price for more than 2,500 "over-the-counter" securities
09 February
1585 - The Frankfurt Stock Exchange is established
1955 - US federations of trade unions merge into AFL/CIO
1969 - World's largest airplane, Boeing 747, makes 1st commercial flight
10 February
1635 - Academie Francaise forms in Paris (by Cardinal Richelieu)
1933 - Delivery of 1st singing telegram
1961 - Niagara Falls hydroelectric project begins producing power
Agenda
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: Finest Spirits 2016 (Munich, Germany)
20-23: Beer Attraction 2016 (Rimini, Italy)
26-28: Brau Kunst Live 2016 (Munich, Germany)
March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
04-06: Barcelona Beer Festival 2016 (Barcelona, Spain)
07-09: VLB Brewing and Engineering Conference 2016 (Soest, Germany)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
12: Festival de Cerveza Artesanal 2016 (San Jose, Costa Rica)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (Sheffield, UK)
16-18: Expo Antad & Alimentaria Mexico 2016 (Mexico City, Mexico)
23-25: St. Petersburg Brewers Forum 2016 (St. Petersburg, Russia)
April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
07-09: Warsaw Beer Festival 2016 (Warsaw, Poland)
13-15: Siberian Beer 2016 (Novosibirsk, Russia)
15-16: Helsinki Beer Festival 2016 (Helsinki, Finland)
23-24: Zythos Beer Festival 2016 (Leuven, Belgium)
May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
17-20: Beer (Pivo) 2016 (Sochi, Russia)
18-19: Brewing Equipment and Technology 2016 (Birmingham, UK)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
20-18 June: Great Australian Beer Spectacular (GABS) 2016 (Melbourne - Sydney - Auckland, Australia)
25-29: Latvia Beer Fest 2016 (Riga, Latvia)
June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
09-11: South Beer Cup 2016 (Curitiba, Brazil)
14-16: Shanghai International Brew & Beverage Manufacturing Technology and Equipment 2016 (Shanghai, China)
July 2016:
07-10: Artbeerfest 2016 (Caminha, Portugal)
13-15: ProPack China 2016 (Shanghai, China)
August 2016:
05-07: The 20th International Berlin Beer Festival (Berlin, Germany)
09-13: The Great British Beer Festival 2016 (London, UK)
10-13: Vietfood & Beverage - ProPack 2016 (Ho Chi Minh, Vietnam)
13-17: World Brewing Congress 2016 (Denver, USA)
September 2016:
08-10: Irish Craft Beer Festival 2016 (Dublin, Ireland)
14-15: Food and Drink Technology Africa 2016 (Johannesburg, South Africa)
19-03 October: Oktoberfest 2016 (Munich, Germany)
24-25: Whisky Live Paris 2016 (Paris, France)
26-28: VLB Ibero-American VLB Symposium 2016 (Santiago de Chile, Chile)
28-30: Beer and Soft Drinks Industry - 2016 (Kyiv, Ukraine)
29-01 October: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
11-14: China Brew, China Beverage 2016 (Shanghai, China)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)
November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)
December 2016:
15-17: drink technology India 2016 (Mumbai, India)
More events are available on site www.e-malt.com
News Articles
|
USA: US surpasses Germany as the world’s largest hop producer for the third time in the past 10 years
|
|
For only the third time in the past 10 years, the United States bested Germany to lead the world in hop production last year,
...More info on site
|
|
USA: Some malting barley growers still waiting for contracts to be released by maltsters
|
What a difference a year can make in the malting barley market.
Last year at this time, maltsters were making plans for sweeping out the corners of the grain bins as the supply of malting barley appeared to be razor thin. But after an exceptionally good year of production in 2015, the market is awash in malting barley and some maltsters appear to be in no hurry to extend contracts to growers for the 2016 crop, Farm and Ranch Guide reported on February 5.
“The contracts are coming out, slowly but surely. Some have been issued by some companies and some haven’t been issued,” commented Marv Zutz, executive director of the Minnesota Barley Growers Association. “Last year the contracts were issued early and at a strong price due to the shortage of barley. This year, because of the surplus of barley from our above average yields last year and the high acceptance rate, not as much barley is needed for the current production year.”
This year due to the lower competition for barley acres to supply the maltsters’ needs, there will be a reduction in acres contracted and some maltsters are currently in a wait and see attitude as they wait to see
...More info on site
|
|
USA, VA: Triple Crossing Brewing Co. purchases new building for expanding in Richmond’s East End
|
Another local craft brewery is planning to increase its presence in the Richmond area, Richmond Times-Dispatch reported on February 8.
Triple Crossing Brewing Co. said on February 8 that it plans to expand its brewing and beer-tasting operations to a site in Richmond’s East End.
The company has purchased a 30,000-square-foot building at 5203 Hatcher St. in the Fulton Hill neighborhood.
Co-owner Adam Worcester said the new location is expected to open this year or in early 2017 and will allow the brewery to “grow our production output while providing a unique tasting room and outdoor experience.”
Triple Crossing opened in April 2014 with a small brewing operation and tasting room at 113 Foushee St., near Virginia Commonwealth University.
That space will remain open, Worcester said.
“It is a great spot,” he said. “We have built up a great fan base there. We do all of the brewing on site. We are hand-bottling everything.”
The business needed a bigger location to do enough brewing to distribute its brands to retail locations.
“We always had plans to be able to distribute more product to the market both in cans and bottles,” said Worcester, who co-owns the brewery with Scott Jones and head brewer Jeremy Wirtes, who is currently the
...More info on site
|
|
USA, FL: Cigar City Brewing rumoured to be the next craft brewery to be acquired by AB InBev
|
Cigar City Brewing of Tampa, Florida may be the next craft brewery to be acquired by AB InBev, TheFullPint.com reported on February 9 citing three independent, unnamed sources within the industry close to the situation.
Cigar City Brewing owner Joey Redner, who is often asked this question, declined to give a public statement.
This rumor has come and gone since Cigar City Brewing opened their doors in 2009. Not too long ago, Cigar City responded to the ongoing rumors informing the public that they have, and always will entertain a meeting that sheds light on their breweries market value. Similarly, New Belgium Brewing was in the middle of a sale rumors, where they responded that they are obligated to seek company valuation, and this is one approach to doing so.
|
|
Canada, ON: Shawn & Ed Brewing Company finally starts production
|
Production at the Shawn & Ed Brewing Company in Dundas, Ontario kicked off this week with the first run of the company's LagerShed Original. The beer is now quietly aging in oaken barrels for a month before it's ready for the market. It takes four weeks for a lager to properly age and two weeks for an ale, The Hamilton Spectator reported on February 5.
For co-owner Ed Madronich the final start of production caps an eventful year of getting the business ready to launch.
"It has been exciting and stressful all at the same time," he said on February 5. "Now we're getting the product ready for sale."
The Shawn and Ed Brewing Company, named for partners Madronich and Shawn Till, has been fermenting for most of a year while the entrepreneurs oversaw renovations of the former curling club and warehouse and got their brewing equipment set up and running.
"We've done everything as well as we can and I've very proud of that," Madronich said. "We preserved this building and we've bought the best equipment to brew beer we could find anywhere.
"We did it all very well right from the beginning," he added.
The project was delayed by city issues including a holding
...More info on site
|
|
USA, AL: Bluewater Brewing Company the newest craft brewery to enter Alabama beer scene
|
Bluewater Brewing Company is the newest craft brewery to open its doors in Alabama. The brewery is located in Florence, Alabama and begins distribution this week. Bluewater has partnered with Alabama’s premier craft distributor, AlaBev, to ensure its product is served to prime locations in Florence and north Alabama, Brewbound reported on February 8.
“There is always a high level of anticipation and excitement when a new brewery opens,” stated Harry Kampakis, owner of AlaBev. “Alabama has become a haven for craft breweries and we are glad to see the market continue to expand throughout the state. Bluewater Brewing Company is a testament to the caliber of craft beers being brewed right here in Alabama.”
Arron Hannah and Patricia Wilkens founded the brewery with the goal of bringing quality craft beer to Florence and north Alabama. Hannah and Wilkens have a passion for craft beer they hope to share with their community. The newly released brew from Bluewater is a 6.2 percent ABV medium bodied American Brown Ale with notes of chocolate and caramel. The beer is hopped with Willamette hops that are prevalent, but not overbearing.
The first batch of draft beer from Bluewater is now available. It can be found in
...More info on site
|
|
USA, TX & OK: Rahr & Sons Brewing Co.’s craft beers coming to Oklahoma in March
|
One of the largest craft breweries in Texas is expanding to Oklahoma. Starting March 1, Rahr & Sons Brewing Co.’s craft beers will be available on store shelves and on tap at many restaurants and bars in Oklahoma, TheFullPint.com reported on February 9.
Beers to be initially released in Oklahoma will include: Rahr’s Blonde, a Munich-style Helles Lager and the brewery’s very first beer; Ugly Pug, a Schwarzbier Black Lager; Stormcloud, an English India Pale Ale; Buffalo Butt, an American Amber; and Iron Thistle, a seasonal Strong Scotch-style Ale. Other beers will be released seasonally throughout the year.
With a strong German background and almost 170 years of brewing tradition in his blood, owner Fritz Rahr opened Rahr & Sons more than a decade ago with his wife, Erin. Rahr said he and his team look forward to serving their neighbors up north.
To celebrate the expansion into Oklahoma, Rahr & Sons will host a number of beer dinners, pint nights and beer sampling events to introduce Oklahomans to their brand.
|
|
USA, OH: Rhinegeist Brewery triples production in 2015
|
Cincinnati’s Rhinegeist brewery tripled production to more than 31,000 barrels in just its second full year of business, Brewbound reported on February 8.
Rhinegeist, which only sells its beer in Ohio and Kentucky, is one of a growing number of well-capitalized and entrepreneurial-minded craft startups outpacing category growth by brewing dozens of different styles and overinvesting in sales personnel.
In a conversation with Brewbound, co-founder Bryant Goulding, who served in sales management roles for Golden Road Brewing and Dogfish Head before leaving to start Rhinegeist with business partner Bob Bonder in 2012, described his company’s growth in 2015 as “heroic.”
“We were loosely pushing for 30,000 barrels,” he said. “We learned a lot about how quickly we can grow.”
The company, now 120 employees strong, also self-distributed about 25,000 barrels in the Cincinnati, Dayton and Columbus markets, Goulding said — Rhinegeist now maintains a fleet of 12 sprinter vans, a box truck and a 54-foot-long trailer.
“Self-distribution has continued to be a foundational element in our growth,” Goulding wrote in an email. “We love the symbiosis and communication between sales and distribution teams.”
The remainder of Rhinegeist’s sales — which now includes the Cidergeist line of hard apple ciders, launched in October — were concentrated across
...More info on site
|
|
USA, AL & FL & TN: Good People Brewing Co. to enter new markets in Florida and Tennessee
|
Good People Brewing Co., the oldest and largest brewery in the state of Alabama, announced on February 5 that it will begin selling its selection of high-quality beers in two new markets in the coming month. Starting the week of Feb. 29, Good People will expand into the Florida Panhandle; the following week, on March 7, the brewery will expand into central Tennessee.
“We couldn’t be more excited to finally break this news,” said Michael Sellers, who cofounded Good People in 2008 with his friend Jason Malone. “Speaking as a small business owner, this is obviously a great opportunity to grow our company. It’s a milestone for everyone here. But speaking as an Alabamian, it’s also a chance to show more folks around the South the kind of quality and character that our state has to offer.”
Three years ago, in Feb. 2013, Good People expanded into Nashville, Tennessee. Building on the success of this first step into an out-of-state market—as well as invaluable hometown support—the brewery is prepared to meet the demand of devoted customers in the Panhandle and central Tennessee.
“Birmingham’s our home,” Sellers said. “With every new market we go to, we want to be ambassadors for the Magic City.
...More info on site
|
|
World: Malt shipments by major exporters in July-November 2015 lower than the year before
|
The IGC reports malt shipments of the major exporters of 2.500 mln tonnes in July/Nov 2015 vs. 2.565 mln tonnes the year before.
EU
...More info on site
|
|
World: Heineken’s full year sales figure comes in just under expectations
|
|
Heineken's full year sales figures announced on February 10 have come in just under expectations, while flagging an increasingly challenging environment to trade in.
...More info on site
|
|
World: Carlsberg reports 4% decline of group beer volumes in 2015
|
|
Denmark’s brewing giant Carlsberg said on February 10 its group beer volumes for 2015 declined organically by 4% due to weak Russian and Ukrainian
...More info on site
|
|
UK: BBPA and Camra call for another cut in beer duty as 2015 consumption declines by 1.5%
|
|
The British Beer & Pub Association (BBPA) and Camra, the Campaign for Real Ale, are calling on Chancellor George Osborne to introduce another cut
...More info on site
|
|
Japan & EU: Asahi Group nearing deal to buy SABMiller’s Peroni and Grolsch brands for $3.5 bln - sources
|
|
Asahi Group Holdings Ltd. is nearing a deal to buy two European beer brands that SABMiller PLC and Anheuser-Busch InBev NV want to sell
...More info on site
|
|
World: USDA raises world barley trade forecast for 2015/16
|
|
USDA in its February report raised the Argentine barley export forecast for 2015/16 200,000 tons to 2.2 million as a result of greater exportable
...More info on site
|
|
China: China’s brewers looking to reduce overcapacity and downsize decrepit operations amid declining sales
|
|
After years of steady growth, China's beer market is losing its fizz as the economy slows and consumers turn to other types of alcohol.
...More info on site
|
|
EU: Barley markets under pressure from large grain crops and supplies
|
|
In December-January, the European Union’s barley markets came under heavy pressure from large grain crops and supplies at home and in the world. Feed
...More info on site
|
|
India: Beer accounts for 7% of India’s total alcohol consumption, survey shows
|
|
Tipplers in India love their spirits and are yet to warm up to beer, the chilled beverage that the rest of the world prefers,
...More info on site
|
|
India: United Breweries expects beer demand to grow 5-7% in 2016
|
United Breweries Ltd’s fiscal third-quarter profit beat analysts’ estimates by a wide margin on a 13% surge in beer sales in terms of volume.
In
...More info on site
|
|
Hong Kong: San Miguel Brewery Hong Kong registers net loss of HK$16.9 mln last year
|
San Miguel Brewery Hong Kong, a unit of conglomerate San Miguel Corp., registered a consolidated net loss of HK$16.9 million in 2015, a turnaround from a profit of HK$37 million in 2014, on lower volume due to the non-renewal of distribution agreements with Anheuser-Busch, The Standard reported on February 7.
SMBHK said in a statement posted on its Web site the group’s consolidated revenues stood at HK$569.5 million, down 22 percent year-on-year.
“Overall sales volume of the company in the [Hong Kong] territory declined by 17 percent, mainly because of the slow demand in the on-premise sales channel partly due to lower tourist arrivals and the non-renewal of distribution agreements with Anheuser-Busch InBev China Sales Company Limited and Anheuser-Busch InBev International GmbH & Co KG in 2014, as disclosed in a profit warning announcement last 25 January 2016,” SMBHK said.
Also contributing to the net loss were operating costs associated with the sales and marketing operations of the affected products, which were redirected and reinvested in the development of new, premium, specialty and craft brands.
The company said it signed up and develop a new stable of premium, specialty and craft brands in line with the company’s key business strategy of sustaining a broad
...More info on site
|
|
Zimbabwe: Delta Beverages to build two new plants for brewing its Chibuku Super brand
|
Zimbabwe’s leading beverage manufacturer, Delta Beverages, has set aside $26 million dollars for the setting up of two additional Chibuku Super plants at its Kwekwe and Masvingo Breweries, the Chronicle reported on February 8.
Delta already has invested extensively in two plants at its Chitungwiza and Fairbridge Breweries in Bulawayo which have a combined capacity of producing 2.2 million litres of the Chibuku Super brand a month.
The local listed entity is in the process of expanding the Fairbridge Brewery which will see capacity increasing to 2.4 million litres by March.
Delta Beverages corporate affairs manager, Tsungai Manyeza said surging demand for Chibuku Super brand has necessitated the setting up of the new plants.
He said: “The company has capacity to supply 2.2 million litres of Chibuku Super in the 1.25 litre pack from the two factories at Chitungwiza and Fairbridge.
“This is expected to increase to 2.4 million litres when additional brewing tanks are installed at Fairbridge by March 2016.
“While the Kwekwe Brewery will be closed temporarily from February 2016, the Masvingo unit will remain open during the rebuilding exercise.
“It may close for a short while later in the year to allow for plant integration.
“At the moment there’s enough capacity for the
...More info on site
|
|
India: Strong beer helping Carlsberg ride out sluggish sales
|
Strong beer is helping Carlsberg ride out of sluggish beer sales in India. At a time when the overall Indian beer market is growing at about 5% a year, robust sales of brands like Tuborg and Elephant have helped the Danish brewer double its local business every two years, Brand Equity reported on February 9.
Unlike most other markets, where Carlsberg's top seller is the milder version of the eponymous lager, the company's Indian unit has been focusing on brands such as Tuborg Strong and Elephant because strong beer accounts for 80% of country's overall sales volume of 300 million cases.
"The growth can be attributed to the long-term strategy to focus on key markets, especially cities, focused brand portfolio, expanding manufacturing footprint, increased product availability and above all a strong team," said Michael Jensen, managing director, Carlsberg India, which reported a 54% increase in sales at . Rs 765 crore during FY15 with net loss of Rs 232 crore.
However, despite the healthy sales numbers, innovations and aggressive product launches, Carlsberg's market share in India the world's third fastest growing beer market is one of its lowest globally. Tuborg, which was launched in the country as a premium brand in 2009, has
...More info on site
|
|
Portugal: Duty on beer may increase by 3% this year
|
The government of Portugal intends to raise beer, hard liquor and wine taxes by 3%, in accordance with the proposed budget for 2016, DN reported on February 5.
The current duties on beer vary between EUR7.75 and EUR 27.24 per hectolitre, depending on the alcohol content of the beer. The proposed taxes are between EUR7.98 and EUR28.06 per hl.
Local trade associations have already expressing their concern over the proposed increase, reminding that the increase was well above inflation.
|
|
Japan: Asahi to name beer unit’s head as president of Asahi Group Holdings
|
Asahi Group Holdings has decided to promote the head of its beer subsidiary to president of the parent, The Nikkei reported on February 6.
Asahi Breweries President Akiyoshi Koji, 64, will replace the holding company's current president, Naoki Izumiya, who will transition to chairman. The beer unit will promote Vice President Shinichi Hirano to president. But first, the parent will hold its general shareholders meeting this March.
Asahi Group has steadily gained share in its mainstay beer business since Izumiya assumed the presidency in 2010. The company is the top player in Japan's beer market.
He has also been credited with expanding group operations by successfully concluding acquisitions of overseas businesses as well as Calpis, a major Japanese soft-drink company. He put the corporate group on a firm growth trajectory by carrying out structural reforms.
|
|
Australia: Lion cutting 39 jobs at its James Boag brewery in Tasmania
|
Beer and dairy group Lion will cut 39 jobs from its James Boag brewery in Tasmania as part of an overhaul of its national beer production, The Sydney Morning Herald reported on February 8.
Lion, which is owned by Japanese giant Kirin Corporation, revealed the plans on February 8 as it prepares to take away 20 million litres of annual beer production of some of its national brands from the Launceston plant and transfer it to other breweries on the mainland which are under-utilised. This will leave the James Boag brewery producing 36 million litres of beer annually from the plant by the end of September, 2016 when the transition is due to be completed.
Lion's managing director of beer, wine and spirits, James Brindley, said on February 8 that Lion, which makes big-selling beers including XXXX Gold, Tooheys and West End, had extra room in its national network of production facilities.
"We have capacity in our national network and the Boag's brewery in its current format is also under-utilised," Mr Brindley said.
He said the reconfiguration would return the Tasmanian facility to its previous role of being a brewer of the James Boag portfolio of Tasmanian beers.
He said around 39 roles would be
...More info on site
|
|
World: Coca-Cola seen as next possible takeover target for AB InBev
|
Analysts at Susquehanna upgraded their rating on Coca-Cola to neutral from negative, saying the company could be a takeover target if Anheuser-Busch InBev decides to move into soft drinks after its pending merger with SABMiller, St. Louis Business Journal reported on February 8.
The analysts also say Coca-Cola's profitability could be improved through better pricing in the U.S. and refranchising initiatives. Coca-Cola could improve with its own mergers and acquisitions, the analysts said, suggesting WhiteWave Foods as a target, Barrons reports.
Coca-Cola Co. shares closed nearly flat on February 5, down less than half a percent at $42.44; AB InBev shares closed down 3 percent on the same day at $118.30.
AB InBev's pending $108 billion acquisition of rival brewer SABMiller recently received clearance from regulators in India. The companies also need to win regulatory approvals in China, Australia, the U.S., the European Union, South Africa and Colombia.
|
|
Register a new user (free of charge).
Top
Top News