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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
Important Industry job opportunities
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles


Job.gif JOB ANNOUNCEMENT: Ganzberg Brewery Cambodia (June 2016)


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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.



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E-Malt.com Flash 29b
July 21 - July 24, 2016

Quote of the Week

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Currency Rates


Base Currency: Euro
on July 22, 2016
Base Currency: US Dollar
on July 22, 2016
      1 EUR = 1.1015 USD
1 EUR = 0.8360 GBP
1 EUR = 1.4376 CAD
1 EUR = 1.4710 AUD
1 EUR = 117.0500 JPY
1 EUR = 3.5804 BRL
1 EUR = 70.3022 RUB
1 EUR = 7.3505 CNY
      1 USD = 0.9074 EUR
1 USD = 0.7565 GBP
1 USD = 1.3057 CAD
1 USD = 1.3354 AUD
1 USD = 106.5500 JPY
1 USD = 3.2578 BRL
1 USD = 63.7373 RUB
1 USD = 6.6747 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


July 22, 2016
Type Crop 2016
EUR %
2rs Barley 181.50-183.50 up0.55%
6rw Barley 166.00-168.00 up1.21%
2rs Malt 377.50-379.50 up0.33%
6rw Malt 358.50-360.50 up0.69%
Feed Barley 134.00-136.00down0.74%

Note: Just click here and you will be led to our Market Price History. These are average French barley market prices estimated on FOB Creil basis. The theoretical average malt prices are based FOB Antwerp being estimated on French malting barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.


Top Industry News


Brewery news USA: AB InBev wins US antitrust approval for its takeover of SABMiller ...Click here
Brewery news World: SABMiller has not ruled out asking AB InBev to revamp proposed takeover offer ...Click here
Brewery news World: SABMiller reports lower quarterly revenue ...Click here
Brewery news World: SABMiller’s board to review merger deal with AB InBev once all regulatory approvals have been secured ...Click here
Brewery news China: China Resource Beer Holdings sales hurt by bad weather ...Click here
Brewery news Australia: SABMiller’s sales and revenue pick up in Q2 ...Click here
Brewery news Thailand: Carlsberg Group to continue to invest in Thailand ...Click here
Brewery news Malaysia: Heineken Malaysia Bhd’s net profit up 38.3% in the quarter to June 30 ...Click here
Brewery news Africa: Global brewers betting on local low-cost beers to quench demand ...Click here
Brewery news The Czech Republic: Budějovický Budvar sells a record amount of beer last year ...Click here
Brewery news Vietnam: Sabeco deputy general director says Vietnam brewers will face challenges as more and more foreign brewers enter the country’s profitable beer market ...Click here
Brewery news Africa: Heineken CEO’s unique African experience and insights have paid off to date ...Click here

Barley news World: Barley crops look abundant in the Northern hemisphere this year ...Click here
Barley news China: China imports 1.708 mln tonnes of barley in January/May this year ...Click here


More Industry News


Brewery news India: Too early for Heineken to seek first refusal on Vijay Mallya's United Breweries shares ...Click here
Brewery news Singapore: Heineken cleared to buy GAPL beer company ...Click here
Hops news Australia: Thirst for craft beer spurring on an expansion for Australia’s biggest hop grower ...Click here
Brewery news USA: Brewers Association issues statement on approval of AB InBev, SABMiller merger ...Click here
Brewery news USA: MillerCoors’ craft beer division agrees to acquire majority stake in Terrapin Beer Company ...Click here
Brewery news Malaysia: Heineken Malaysia Bhd considering launch of more non-alcoholic products ...Click here
Hops news Germany & China: HVG active on the Chinese market with a three-year campaign promoting German hops ...Click here
Brewery news South Africa: A growing group of women staking their place in South Africa’s brewing industry ...Click here
Brewery news Taiwan: Heineken Asia Pacific launches its Tiger Beer in Taiwan ...Click here

Graph of the week



Table of the week

Austria Brewing Industry 1980-2015


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


HOPS DO NOT NECESSARILY NEED TO TOUCH BEER FOR DRY HOPPING PURPOSES

ABSTRACT
A German research team that came up with the idea of extracting hop aroma into beer by applying a combined desorption/absorption process. The process-dependent mass transfer was predicted using two different approaches: a thermodynamic approach, and response surface modelling. The methods offer the following advantages: no beer losses, no clarification steps needed, potential reuse of hops for bittering. Using response surface methodology was clearly superior as compared to calculating the mass transfer using thermodynamic approximations.

Klie, R.: Feasibility and Optimization of a Novel Desorption/ Absorption Process for Transferring Hop Volatiles into Beer, poster presentation at the Trends in Brewing Conference, April 2016, Ghent.

Read more
Source: Barth Innovations

These Days in Business History


21 July
1955 - Ian Donald made his first investigation of the use of ultrasound in medical diagnosis
1969 - Astronaut Neil A. Armstrong was the first man to walk on the Moon
2011 - NASA's Space Shuttle program

22 July
1872 - Mahlon Loomis patents wireless radio
1961 - 1st in-flight movie shown, TWA

23 July
1829 - William Burt patented a forerunner of the typewriter
1886 - Gottlieb Daimler (1834-1900) invented the car

24 July
1847 - Richard M. Hoe patented the rotary type printing press, NYC
1938 - Instant coffee invented
1987 - IBM-PC DOS Version 3.3 (updated) released

Agenda

World Beer Cup 2016


July 2016:
02: Beer Boot Camp 2016 (Johannesburg, South Africa)
07-10: Artbeerfest 2016 (Caminha, Portugal)
09: Beer Boot Camp 2016 (Cape Town, South Africa)
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)
08-10: Brouwplus 2016 (Antwerp, Belgium)
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 e-malt.com




BreweryBrewery News Brewery


Brewery news USA: AB InBev wins US antitrust approval for its takeover of SABMiller
Anheuser-Busch InBev NV won U.S. antitrust approval for its takeover of SABMiller Plc, after the maker of Budweiser agreed to give up ownership of the Miller brand and open the door to greater competition from craft beers, Bloomberg reported on July 20.

AB InBev will sell SABMiller’s stake in MillerCoors LLC, separating the two brands, and refrain from practices that restrict distribution of smaller rival brews, thus protecting the ability of craft and import beers to compete, the Justice Department said in a statement on July 20. The settlement will prevent any increase in concentration in the U.S. beer industry, according to the statement.

“The two largest U.S. brewers - ABI and MillerCoors - will now remain independent competitors after the deal,” Sonia Pfaffenroth, a deputy assistant attorney general at the antitrust division, said in the statement. Distributors that sell AB InBev beer “will have the freedom to sell and promote the variety of beers that many Americans drink.”

The agreement to allow the brewing juggernauts combine runs counter to the government’s recent moves against other big deals - the Justice Department and the Federal Trade Commission have killed proposed tie-ups in the cable, office supplies and oil drilling industries, among others. In ...More info on site


Brewery newsWorld: SABMiller has not ruled out asking AB InBev to revamp proposed takeover offer
SABMiller has not ruled out asking Anheuser-Busch InBev to revamp its proposed $100 billion-plus takeover offer before formally recommending the bid, a source close ...More info on site


Brewery newsWorld: SABMiller’s board to review merger deal with AB InBev once all regulatory approvals have been secured
SABMiller's board will review its $107 billion merger deal with Anheuser Busch InBev once all regulatory approvals have been secured, its chairman said on ...More info on site


Brewery newsWorld: SABMiller reports lower quarterly revenue
Brewer SABMiller, in the process of being bought by Anheuser-Busch InBev, reported lower quarterly revenue on July 21, hurt by tough conditions in some ...More info on site


Brewery newsChina: China Resource Beer Holdings sales hurt by bad weather
The worst floods in China since 1998 and cooler-than-usual weather are eroding sales at the nation’s brewers, deepening a slump caused by the economic ...More info on site


Brewery newsAustralia: SABMiller’s sales and revenue pick up in Q2
Australians appear to have fallen back in love with beer, at least with premium brew, with local sales and revenue picking up for global ...More info on site


Brewery newsThailand: Carlsberg Group to continue to invest in Thailand
Carlsberg Group reintroduced its brand to the Thai market in 2012. Now the Danish brewing company hopes to rise in to a beer head ...More info on site


Brewery newsMalaysia: Heineken Malaysia Bhd’s net profit up 38.3% in the quarter to June 30
Heineken Malaysia Bhd (formerly Guinness Anchor Bhd) saw its net profit for the quarter ended June 30, 2016 grow by 38.3% to RM60.88 million, ...More info on site


Brewery news Africa: Global brewers betting on local low-cost beers to quench demand
International brewers in Africa are expanding their production of beers based on local ingredients, snapping up craft brewers and introducing more brands as low-cost beers gain popularity on the fast-growing but still poor continent, Reuters reported on July 15.

Diageo acquired a South African rival specialising in local beer last year, while SABMiller is opening new production lines in markets such as Zimbabwe where cheap competitors and illicit brews often out-sell more globally recognised competitors.

Diageo unit Uganda Breweries Limited (UBL) has pinned hopes on Ngule, or "Crown" in the Luganda language, that started production this year based on cassava, a tuber that is a staple food in the nation at the heart of Africa's Great Lakes region.

Ngule has captured 7 percent of the formal beer market in just five months after launch, UBL says, winning customers in dusty drinking holes in poor districts of Kampala like Hope Naturinda's bar, where it sells for 2,200 shillings ($0.65) per 500 millilitres, less than half the price of Diageo's renowned Guinness brand.

"More than half of my customers take Ngule now," said Naturinda. "It's affordable and very strong."

It also highlights a challenge multinationals have faced across Africa. While the continent still boasts some of the ...More info on site


Brewery newsVietnam: Sabeco deputy general director says Vietnam brewers will face challenges as more and more foreign brewers enter the country’s profitable beer market
Le Hong Xanh, deputy general director of Sabeco, the largest Vietnamese brewery, told Sabeco’s shareholders at a meeting that the company’s market share in ...More info on site


Brewery newsThe Czech Republic: Budějovický Budvar sells a record amount of beer last year
The state-owned Budějovický Budvar brewery in South Bohemia sold a record amount of beer last year, in fact, the largest amount in its history. ...More info on site


Brewery newsIndia: Too early for Heineken to seek first refusal on Vijay Mallya's United Breweries shares
Heineken has been told it is too early to seek first refusal on Vijay Mallya's United Breweries shares.

The Debt Recovery Tribunal (DRT) said Heineken ...More info on site


Brewery newsSingapore: Heineken cleared to buy GAPL beer company
The Competition Commission of Singapore (CCS) has cleared the acquisition of Singapore beer firm GAPL by Dutch brewing giant Heineken, the watchdog said on ...More info on site


Brewery news Africa: Heineken CEO’s unique African experience and insights have paid off to date
Heineken CEO Jean-François van Boxmeer spent his formative years in Africa, learning that emerging markets are the future for European brands. To date, his unique insights have paid off, EuropeanCEO reported on July 15.

The UK’s internal debate over its EU membership often attempted to counterpoise the idea of either selling to Europe, or stepping out into the world to trade with emerging markets. Europe was often portrayed by the Leave campaign as a place of yesteryear, and the suggestion was that UK businesses would find better trading prospects outside of the union. Europe’s market was not quite painted as irrelevant, but as less and less important in a world of rapidly growing emerging markets. The Remain campaign, on the other hand, argued that access to these growing emerging markets in Africa and Asia could be better achieved as part of a wider union.

Whichever side of that debate will ultimately be proven correct remains to be seen. Regardless, it is certainly true that many European firms certainly see their futures lying with non-European markets. Dutch brewer Heineken is one of the most significant among these: the company is looking southwards beyond the Mediterranean, and eastwards over the Ural and Caucasus Mountains, ...More info on site


Brewery news USA: Brewers Association issues statement on approval of AB InBev, SABMiller merger
Bob Pease, president and CEO of the Brewers Association (BA)—the not-for-profit trade association dedicated to small and independent American brewers—released the following statement regarding the approval of Anheuser-Busch InBev (ABI) to acquire SABMiller:

“Today’s decision by the Department of Justice (DOJ) to approve the acquisition of SABMiller by ABI stipulates many of the safeguards the Brewers Association requested to preserve fair competition and access to market for America’s small and independent craft brewers.

While we continue to believe that the merger of the world’s two largest brewers is bad for both the beer industry and consumers, the DOJ’s significant requirements, including the termination of incentive programs such as the Voluntary Anheuser Busch Incentive for Performance Program (VAIP), a cap on ABI’s self-distribution volume and other measures to protect distributor independence, appear to address some of our major apprehensions with the merger. With effective enforcement of these provisions, small brewers can rely on their independent distributor partners to access the market. This will help ensure that beer enthusiasts can continue to enjoy a vast variety of options from the more than 4,600 breweries in the U.S.

The Brewers Association will closely examine the consent decree and compliance with its provisions, as well as monitor ...More info on site


Brewery news USA: MillerCoors’ craft beer division agrees to acquire majority stake in Terrapin Beer Company
MillerCoors announced on July 20 that Tenth and Blake Beer Company, its craft beer and import division, has reached an agreement to acquire a majority stake in Terrapin Beer Company.

The purchase builds on a pre-existing relationship between the two companies: MillerCoors, via Tenth and Blake, had previously acquired a minority (less than 25 percent) stake in the Athens, GA-based craft brewery in early 2012.

Specific financial terms were not disclosed and the transaction is expected to close in August, MillerCoors said.

“With Tenth and Blake’s dedication to helping us grow and their passion for creating high-quality craft beers, we knew it would be the perfect partnership,” Terrapin co-founder Brian “Spike” Buckowski said via a press release. “We look forward to continuing to create innovative beers to share with beer lovers nationwide.”

In a note to partners, Tenth and Blake CEO Scott Whitley described the Terrapin acquisition as “an important regional play for Tenth and Blake as the Southeast is an underdeveloped craft market with significant growth potential.”

“Terrapin is a highly regarded brewer, both in the Southeast and nationwide,” he wrote. “Its iconic and acclaimed IPAs are the centerpiece of Terrapin’s award-winning portfolio. This partnership will help broaden our expertise and presence within these ...More info on site


Brewery news Malaysia: Heineken Malaysia Bhd considering launch of more non-alcoholic products
Heineken Malaysia Bhd is considering coming out with more non-alcoholic products to offset the impact of the increase in excise duty, which currently is reportedly the third highest in the world, The Edge Markets reported on July 19.

Its managing director Hans Essaadi said there are various opportunities to look at with regard to non-alcoholic or low alcoholic products. “Historically, we stayed away from the non-alcoholic segment, but with the revised excise tax in place and consumer trend that we are seeing, we need to explore,” he told reporters during the group’s financial results briefing at its Sungei Way brewery on July 18.

On March 1, the government revised the excise duty structure by eliminating ad valorem tax, which effectively resulted in a 10% to 12% hike in excise duty on malt beer. It also raised the legal purchasing age for alcoholic beverages from 18 to 21 years, effective December 2017.

Essaadi, however, said any new products from the non-alcoholic segment will only be realised next year.

The only non-alcoholic product that the group is selling now is Malta, a light carbonated beverage.

“It (Malta) is only [a] few per cent of our total revenue ... the contribution is relatively small,” he said. Essaadi also ...More info on site


Brewery news South Africa: A growing group of women staking their place in South Africa’s brewing industry
A revolution is brewing in South Africa. Women are reclaiming their traditional role of making beer, Forbes Woman Africa reported.

“Back in the days, brewing was a female thing. Over time it became industrialized and became a male thing. But, in the African culture, beers are still made by women only. In South Africa, more and more females are becoming part of beer brewing. It does make you proud that you are taking the whole thing back to where it started,” says Apiwe Nxusani-Mawela, the brewmaster and part owner at Brewhogs, a microbrewery in Kyalami, north of Johannesburg.

The difference with women brewing beer today is that they are bringing in the money.

“It’s extra nice when you’re making money from doing something that you like,” says Nxusani-Mawela with a chuckle.

Inside the brewery, it’s noisy, humid and the distinct smell of malts hangs in the air. It’s an environment that some might feel uncomfortable in; Nxusani-Mawela seems as if she’s at home.

Becoming one of the most respected brewers in the industry was not initially part of Nxusani-Mawela’s plans. She didn’t even drink beer.

“Growing up in rural Eastern Cape, beer was seen as one of those things people drank to get drunk and start ...More info on site


Brewery news Taiwan: Heineken Asia Pacific launches its Tiger Beer in Taiwan
Heineken Asia Pacific has launched its Tiger Beer in Taiwan, according to a press release issued by the brewery.

The company recently invited Nine One One, a Taiwanese hip hop group, to promote the world-famous brand and will run a series of TV promotional ads, aiming to make Tiger Beer the most influential heavyweight in the Taiwan beer market this summer.

Since its roaring debut in Singapore in 1932, Tiger Beer has been a frequent gold medal winner at over 50 world beer competitions and is popular with consumers in as many as 64 countries in the world.

Kenneth Choo, an executive regional director of Heineken Asia Pacific, said that Tiger Beer has recorded annual growth of over 20 percent and is expected to become a shining star among Heineken's beer lines. "We show high regard for the Taiwan market, and expect our newly launched Tiger Beer to bring consumers brand-new taste and shock. We vow to make Tiger Beer rank among the top three brands in Taiwan's beer market by the end of 2020, which is our clear-cut goal," Choo said at the press conference.



BarleyBarley News Barley


Barley newsWorld: Barley crops look abundant in the Northern hemisphere this year
Barley crops are looking abundant in the Northern hemisphere, and prospects are good in Australia after the end of the El Nino cycle, H. ...More info on site


Barley newsChina: China imports 1.708 mln tonnes of barley in January/May this year
China imported 1.708 mln tonnes of barley in January/May 2016, of which 1.105 from Australia, 0.415 from Canada and 0.188 from France, H. M. ...More info on site



HopsHops News Hops


Hops news Australia: Thirst for craft beer spurring on an expansion for Australia’s biggest hop grower
Australia's insatiable taste for craft beer is spurring on an expansion for the country's biggest hop grower, ABC.net reported on July 15.

Making a brew is as much an art as a science for craft beer makers, with a careful combination of hot malted barley, hops and wheat key to the right batch.

Tasmania's Derwent Valley and Eurobin in Victoria are at the forefront of growth in the hop market, helping bubble along Australia's burgeoning craft beer industry.

Hop Products Australia is producing its biggest variety of hops to cater to the demand from a growing number of micro breweries, which has now topped about 400 nationally.

The company has followed the market trend by moving away from the bitter hops favoured by generations past, and is looking to the craft hops of the future, where flavour rather than bitterness is preferred.

Hop Products Australia is increasing its hop fields by half to keep up with consumer demand.

"We're harvesting 230 hectares this year and that's about the area that we've had in production in the past, although it's increased in terms of the main varieties … that we are producing," farm manager Oliver Ward said.

"We have also constructed an extra 40 hectares of trellis, in ...More info on site


Hops news Germany & China: HVG active on the Chinese market with a three-year campaign promoting German hops
China is one of the biggest beer markets worldwide and is in constant competition with the US in terms of world rankings. Germany’s HVG Hopfenverwertungsgenossenschaft e.G. recognizes this potential and is currently active on the Chinese market with a three-year information campaign co-financed by the EU, Craft Beer World reported on July 15.

Together with the hop-growing associations from the German growing regions of Tettnang, Elbe-Saale, and Hallertau, as well as the producer cooperative HVG Spalt, the campaign led by HVG Hopfenverwertungsgenossenschaft e.G. explains the merits of European products and particularly the high quality of German hops, and provides information about their labelling.

Demand for hops in China is on the rise: Germany sold more than 1,000 tons of hop pellets to China in 2015 alone. Hops from Germany fulfil important expectations in terms of food safety, quality, and control. Almost 100 percent of German hops fall under the quality regulations of the European Union, such as the protected geographical indication (PGI) or protected designation of origin (PDO). Chinese brewers can now use this clearly identifiable advantage to offer their customers beers with primary flavor ingredients of certified quality and origin that can be transparently and fully traced. The attributes of these ...More info on site


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