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E-Malt.com Newsletter 33b
August 18 - August 21, 2016
Quote of the Week
Good things happen to those who hustle.
Chuck Noll
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Currency Rates
Base Currency: US Dollar
on August 19, 2016 |
Base Currency: Canadian Dollar
on August 19, 2016 |
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1 USD = 0.8834 EUR
1 USD = 0.7630 GBP
1 USD = 1.2812 CAD
1 USD = 1.3011 AUD
1 USD = 100.0600 JPY
1 USD = 3.2121 BRL
1 USD = 63.5487 RUB
1 USD = 6.6291 CNY
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1 CAD = 0.7804 USD
1 CAD = 0.5954 GBP
1 CAD = 0.6894 EUR
1 CAD = 1.0153 AUD
1 CAD = 78.0800 JPY
1 CAD = 2.5066 BRL
1 CAD = 49.7326 RUB
1 CAD = 5.1731 CNY
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Currency Rates Chart
USA: Kirin to deepen partnership with AB InBev in hopes to increase US sales
...Click here
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USA: MillerCoors to invests $60 mln to expand its Virginia brewery
...Click here
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USA, IN: People’s Brewing Co. to open a microbrewery in Lebanon, IN
...Click here
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USA, MD: Hysteria Brewing Co. hopes to open in Columbia by next February
...Click here
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USA, IN: Moontown Brewing Company to occupy Whitestown High School’s 102-year-old school gymnasium
...Click here
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USA, CT: Couple launching Hog River Brewing Company in Hartford on August 20
...Click here
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China: China Resources Beer Holdings Co. reports 45% increase in first-half profit from continuing operations
...Click here
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World: Europe remains the world's largest exporter of malt
...Click here
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World: Malting barley a very special item in 2016/17
...Click here
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Mercosur: Barley plantings went well in Brazil and Uruguay but Argentina’s sowing is hindered by rains
...Click here
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Azerbaijan: Baltika-Baku reports 25% decline in H1 beer output
...Click here
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New Zealand: Tasman hop crop value projected to grow to NZ$30 mln a year by 2020
...Click here
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India: Carlsberg India managed to more than double its business during Michael Jensen’s three-year leadership
...Click here
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India: Ban on liquor in state of Bihar forces Carlsberg to consider pulling out
...Click here
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Belgium: The Belgian Home-brewers Association adding new members every week
...Click here
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Graph of the Week
Table of the Week
World Hop Area and Production 2013 - 2015
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
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
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These Days in Business History
18 August
1868 - French astronomer Pierre Janssen discovers helium
1904 - Max Factor Jr was born, CEO (Max Factor Cosmetics)
1937 - 1st FM radio construction permit issued (W1X0J (WGTR) in Boston MA)
1952 - Patrick Swayze was born in Houston Texas, actor/dancer
1960 - 1st photograph bounced off a satellite, Cedar Rapids, Iowa
19 August
1888 - 1st beauty contest (Spa, Belgium), 18 year old West Indian wins
1897 - 1st electric taxi's drive in London
1946 - Bill Clinton was born, the 42nd US President. (Former Little Rock Attorney)
20 August
1741 - Alaska discovered by Danish explorer Vitus Bering
1896 - Dial telephone patented
1960 - USSR recovers 2 dogs, 1st living organisms to return from space
21 August
1897 - Oldsmobile begins operation as a General Motors Corp division
1975 - U.S. lightens trade embargo against Cuba
1991 - Communist coup is crushed in U.S.S.R. in 2 days
Agenda
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 www.e-malt.com
News Articles
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USA: Kirin to deepen partnership with AB InBev in hopes to increase US sales
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Kirin Holdings will deepen an American sales partnership with Anheuser-Busch InBev, tapping into the larger beverage group's distributor network in hopes of gaining more market share for its Kirin Ichiban brew, Nikkei Asian Review reported on August 18.
Tokyo-based Kirin aims to double its beer sales volume in the U.S. by 2021.
Kirin works with the world's biggest beer company in Japan and abroad. In Japan, AB InBev licenses Kirin to brew and sell such beers as Budweiser. In the U.S., it produces and sells Ichiban for its Japanese partner.
With their U.S. licensing agreement up for renewal at year-end, the two companies are planning changes. Employees of Kirin Brewery of America will be transferred to AB InBev under the new arrangement. There, they will form a special marketing team for Ichiban.
Ichiban will take its place alongside other priority brands in AB InBev's import lineup, such as Stella Artois and Hoegaarden. Until now, the brew with the mythical Chinese beast on its label - sold as Ichiban Shibori in Japan - has gotten lost among the 300-plus beer brands that AB InBev imports into the U.S.
In return, AB InBev will get a bigger cut than before of earnings on each beer sold. Kirin
...More info on site
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USA: MillerCoors to invests $60 mln to expand its Virginia brewery
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Virginia Governor Terry McAuliffe announced on August 19 that MillerCoors, a joint venture between SABMiller and Molson Coors Brewing Company, will invest $60 million to expand its Shenandoah brewery, located in Rockingham County, WHSV reported.
The brewery is the newest in the MillerCoors network and is used to service Northeast markets. The project is slated to create 27 new jobs for the area.
“Virginia continues to solidify its status as a leading state for the brewing industry,” said Governor McAuliffe. “MillerCoors has been present in Rockingham County for nearly 30 years, providing quality jobs. The Shenandoah Valley offers the ideal business climate and workforce needed to brew world-class beer that consumers can enjoy all over the country and world. I am thrilled to have MillerCoors as a partner in our work to build a new Virginia economy.”
“MillerCoors is proud to partner with Virginia on this expansion,” said MillerCoors’ Director of Media Relations Jon Stern. “Our Elkton facility has played a key role in allowing us to efficiently deliver high quality beer to Northeast markets. We look forward to continued success and growth in Rockingham County as we expand our state-of-the-art Shenandoah brewery.”
The Virginia Economic Development Partnership worked with Rockingham County and the
...More info on site
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USA, IN: People’s Brewing Co. to open a microbrewery in Lebanon, IN
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Another new business will soon open on Lebanon’s downtown square, replacing an old one and bringing with it a product unique to the immediate area, Lebanon Reporter said on August 18.
People’s Brewing Co., a Lafayette-based craft beer brewing operation, will open a microbrewery and taproom at the former French/Hoosier fusion restaurant, Bijou, 111 W. Main St., that occupied the space for nearly 17 years.
“We are excited to be the first brewery in Boone County and Lebanon and think we are blessed to find such a great spot on the town square,” said People’s Brewing Co. partner Brett Vander Plaats in a press release.
People’s Brewmaster Chris Johnson said the brewery’s transition to a Lebanon outpost would be good for both community and business. The operation specializes in small-batch recipes and plans to be up and running sometime in October.
“For us, it’s nice to make a reach outside of our market … to get a retail establishment and grow our brand out from our source and Lebanon was perfect setting,” Johnson said. “We like the community and its push to make advancements in town. We also thought it was a beautiful downtown, and stars aligned.”
Brewing professionally since 2001, Johnson is responsible for
...More info on site
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USA, MD: Hysteria Brewing Co. hopes to open in Columbia by next February
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Sometimes hanging out and drinking a few beers with friends can lead to great things.
For Rich Gue, Geoff Lopes and Jordan Baney, brainstorming over a few beers in 2006 led to starting Vaper's Knoll, a Columbia-based e-cigarette flavor company. Now, looking to diversify even more, the partnership is opening up Hysteria Brewing Co. in Columbia with a target opening timeframe by next February, Baltimore Business Journal reported on August 18.
The idea really began back in college where Gue started getting into craft beers and home brewing his own product. When the group was looking to invest in another business venture, Gue said beer seemed like the direction to go in.
"Our company was founded on beer pretty much, so me being a home brewer I wanted to go make beer," he said. "It was a crazy thought in the very beginning and we never thought we would do it, but we decided to try it. We didn't want to put all our eggs in one basket with [Vaper's Knoll]."
Hysteria Brewing will be housed next to one of the two Vaper's Knoll stores at 9570 Berger Road. Hysteria Brewing will take over suites J and K with about 10,000 square feet of
...More info on site
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USA, IN: Moontown Brewing Company to occupy Whitestown High School’s 102-year-old school gymnasium
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These days most buildings can be transformed into just about anything imaginable and Whitestown’s first brewing company is doing just that – breathing new life into a historic high school, WRTV Indianapolis reported on August 17.
Moontown Brewing Company will occupy Whitestown High School’s 102-year-old school gymnasium and feature six house brews and four to six seasonal offerings.
The brewery will be just steps from the new Big 4 Trail that will eventually connect all of Boone County.
Despite the building’s rough edges, developers can’t wait to add a bit of charm to the 10,000 sq. ft. area. Construction will begin this winter and the plan is to open in early summer 2017.
“It’s just such a terrific space,” said commercial builder and one of the owners, Pete Mattingly. “It has so much potential and we’re very excited to see what it will evolve into.”
Mattingly and his home brewing partners have dreamed of opening a brewery for more than a decade.
That dream became a reality when they won the 2015 Home Brew Competition at the Whitestown Brew Fest.
Soon after, Mattingly began speaking with people working at the Town of Whitestown and Boone County Economic Development Corporation about opening a brewery.
The $1 million investment will
...More info on site
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USA, CT: Couple launching Hog River Brewing Company in Hartford on August 20
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In 2008, Connecticut native Benjamin Braddock was an insurance professional, feeling wholly unsatisfied with his career. He found himself looking for the perfect job, he said, hoping to follow in the footsteps of entrepreneurs in his family.
Home brewing was something that really stoked his passion, and he considered making a go of it as a vocation, looking toward opening a brewery someday, Hartford Courant reported on August 18.
His wife, Joy, supported the goal, but urged him to learn the ropes professionally before he made the leap.
"[I said,] you need to get industry experience; not only just for the knowledge, but for the connections," she said.
Braddock escaped the corporate cubicle and spent four years climbing the ladder from "keg cleaner to brewer" at Bloomfield's Thomas Hooker Brewery, also completing a brewing science and technology certificate at the Siebel Institute of Technology in Chicago. While later working as head brewer at Willimantic Brewing Company, Braddock spent his free time planning his dream: a business of his very own.
On Saturday, Aug. 20, more than three years after officially putting pen to paper to write a business plan, Benjamin and Joy will open Hog River Brewing Company in Hartford's Parkville neighborhood. The 3,700 square-foot
...More info on site
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China: China Resources Beer Holdings Co. reports 45% increase in first-half profit from continuing operations
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China Resources Beer Holdings Co., maker of the world’s top-selling brew, reported on August 19 605 million yuan (US$91 million) in profit for the
...More info on site
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World: Europe remains the world's largest exporter of malt
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Apart from lower beer sales in Brazil and China, the continents of Central/South America, Africa and Asia remain the positively developing beer markets of
...More info on site
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World: Malting barley a very special item in 2016/17
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Malting barley in 2016/17 is a very special item: bad crop losses in the EU, especially in France, may exclude the EU as a
...More info on site
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Mercosur: Barley plantings went well in Brazil and Uruguay but Argentina’s sowing is hindered by rains
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Barley planting went well in Brazil, where 90 – 95,000 ha of barley have been seeded, and in Uruguay, where acreage estimates range from
...More info on site
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Azerbaijan: Baltika-Baku reports 25% decline in H1 beer output
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Baltika-Baku, which dominates on the beer market of Azerbaijan with a 75% share, reduced its production by 25% yoy in the 1st half of 2016, abc.az reported on August 19.
The company, part of Carlsberg Group, estimates that the beer market fell as a whole by 30% yoy because of the difficult macroeconomic situation and the impact of legislative regulations, which undoubtedly affected the profitability of the company.
"The manat devaluation (by about 90% against 2015) and the subsequent falling purchasing power of the population have become the main factors of declined sales. On the other hand, short-term effect of the law banning sale of excisable goods for cash, which led to stagnation of the entire sector during the first days of January 2016, has showed the technological unpreparedness of the market and caused an abrupt suspension of sales, after which the supply chain was restored only at the end of February," the company emphasized.
Baltika-Baku, however, notes that despite the steps being taken to promote business and the industry in general, the law banning cash payments for excisable products and introducing mandatory prepayment will create additional obstacles for the industry.
"We back government’s steps to ensure transparency of trade turnover. However, the technical
...More info on site
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New Zealand: Tasman hop crop value projected to grow to NZ$30 mln a year by 2020
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The value of the Tasman hop crop is projected to grow to about NZ$30 million a year by 2020, driven by a rapidly growing craft beer industry in New Zealand and abroad, The Stuff.co.nz reported on August 19.
Staig & Smith resource management consultant Jackie McNae along with New Zealand Hops Limited chief executive Doug Donelan and the company's finance and commercial manager Steve Wilson, have urged Tasman District Council to give top priority to a review and expansion of the rural industrial zone along Blackbyre Rd to help with that growth.
McNae told a panel of councillors on August 19 at a hearing of submissions on proposed Plan Change 60 of the Tasman Resource Management Plan that Tasman was the only district in New Zealand growing hops on a commercial scale. More than 425 ha of hops was under production with plans for "significant expansion". The hop crop was projected to increase to about 600 ha by 2020, boosting its gross value from NZ$19 million to about NZ$30 mln.
After the hearing, Donelan stressed that total did not include any of the "significant" downstream value of the product.
McNae told the hearing panel that hops from the district were "highly valued" by craft
...More info on site
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India: Carlsberg India managed to more than double its business during Michael Jensen’s three-year leadership
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For 54-year-old Michael Jensen, who heads Carlsberg in India, it's not easy to sell products that mostly appeal to consumers half his age. Yet, in his three-year stint as the chief executive of the Danish brewer in India, he has managed to more than double the business to exceed Rs 1,000 crore in calendar year 2015, The Economic Times reported on August 19.
"It's not difficult if you are little young at heart. But you want to remind yourself constantly that what I know might not be what other people want. So listen to consumers," said Jensen. So far, he has his ears to ground. For a man with an MSc in Marketing, Market Analysis and Consumer Behaviour and another in International Business, Trade, and Tax Law, that shouldn't be difficult, even if the country is as diverse as India.
Unlike most other markets, where Carlsberg's top seller is the milder version of lager, Jensen has been focusing on brands such as Tuborg Strong and Elephant in India because strong beer accounts for 80% of country's overall sales volume of 300 million cases.
His bet seems to be paying off — while the Copenhagen headquartered firm is
...More info on site
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India: Ban on liquor in state of Bihar forces Carlsberg to consider pulling out
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Michael Jensen, CEO of Carlsberg India, has termed India as the most difficult market in the world, and you can't blame him for that, since Jensen has personally experienced how politics can make business run on its fingers, making investors vary of future projects, Business Insider India reported on August 19.
It was three years ago that Bihar CM Nitish Kumar had wooed Carlsberg to invest in the state, thus convincing it to set up a $25 million plant near Patna in 2014. However, after he was re-elected last year, he went on to ban liquor in the state, which led to the company's revenues falling and forcing it to consider pulling out, since there was no backup plan for this unexpected move.
"It was a sizeable market and investment but they decided to do prohibition in 12 hours," Jensen said.
Other than Carlsberg, Diageo Plc, United Breweries and Molson Coors are also worried about the ban since they have been running more than 70 distilleries and breweries in Bihar for over a decade now, which is an ideal market for these liquor companies, offering an abundance of raw materials (barley and wheat) and cheap labour.
In Bihar, sale of
...More info on site
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Belgium: The Belgian Home-brewers Association adding new members every week
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In a country where some 200 breweries produce well over 1,000 different beers, surely no one is considering brewing their own?
Wrong.
The Belgian Home-brewers Association, set up in June, already has 60 members and more are signing up each week, keen to exchange tips and get cheaper ingredients such as malt and hops by getting together to buy in bulk, Daily Mail reported on August 19.
"It's the taste of discovery, the taste of a well-made product, brewing is my passion," said Axel Henrard, the club's head, standing next to an intricate set-up of pots, heaters and hoses at his amateur brewery in a barn in southern Belgium.
Arnaud Laloy, 29, who started a tiny brewery in his garage, said: "I saw all the small breweries and thought, well, if they can do it as well as the big brewers I'm quite interested in trying it myself."
Members of the group gather online to discuss fermenting temperatures, brewing equipment and recipes, though Henrard, a psychologist by day, insists a recipe is no use without knowing how to brew.
"It's not the recipe which makes the beer," he said. "It is the way in which the brewer interacts with his equipment."
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