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E-Malt.com Newsletter 49a
December 04 - December 06, 2017
Quote of the Week
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Lucius Annaeus Seneca
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Currency Rates
Base Currency: US Dollar
on December 06, 2017 |
Base Currency: Canadian Dollar
on December 06, 2017 |
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1 USD = 0.8388 EUR
1 USD = 0.7500 GBP
1 USD = 1.2722 CAD
1 USD = 1.3134 AUD
1 USD = 111.2100 JPY
1 USD = 3.2265 BRL
1 USD = 58.6924 RUB
1 USD = 6.5979 CNY
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1 CAD = 0.7859 USD
1 CAD = 0.5895 GBP
1 CAD = 0.6592 EUR
1 CAD = 1.0322 AUD
1 CAD = 87.4000 JPY
1 CAD = 2.5358 BRL
1 CAD = 45.8136 RUB
1 CAD = 5.1854 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, WA: Craft Brew Alliance selling its Woodinville facility
...Click here
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USA, OH: Ohio’s Rivals Brewing Company to take over Fat Head’s Brewery space in Middleburg Heights
...Click here
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USA, Washington D.C.: Red Bear Brewing signs a lease to open in D.C.’s redeveloped Uline Arena
...Click here
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Canada, BC: Electric Bicycle Brewing launching soon in Vancouver’s Mount Pleasant neighbourhood
...Click here
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USA, FL: Ellipsis Brewing already open and pouring cold ones in Orlando
...Click here
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Canada, ON: Brazil’s Cervejaria OverHop launching production of its beers in Toronto
...Click here
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USA, OH: New brewery may open in Painesville in summer-fall 2018
...Click here
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Canada, BC: Fort St. John’ first brewery Beard’s Brewing already open
...Click here
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USA, CT: Center Street Brewing Company coming to Wallingford next fall
...Click here
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Canada, ON: Storm Stayed Brewing quietly opens in London, Ontario
...Click here
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World: Global barley malt trade forecast to increase by 100 thousand tonnes in 2017/18
...Click here
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Australia: Coopers new plant adds specialist capacity to Australia’s malting industry
...Click here
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Brazil & Dominican Republic: Ambev pays USD926.5 mln for additional 30% in Cervecería Nacional Dominicana
...Click here
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Mozambique: Heineken begins work on $100 mln brewery in Mozambique
...Click here
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Vietnam: Record high price for Saigon Beer shares makes their disposal unpredictable
...Click here
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Australia: Barley production forecast to fall by 40% in 2017-18
...Click here
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Myanmar: Carlsberg Group expanding fast on Myanmar’s beer market
...Click here
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Sri Lanka: President ‘can’t accept reduction in beer prices’
...Click here
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Malawi: Carlsberg Malawi changes its name to Castel Malawi Limited
...Click here
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Ghana: Guinness Ghana Breweries launches new Odehye3 Beer
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW ABOUT PRODUCING A DRY HOPPED ALCOHOL FREE BEER?
ABSTRACT
Alcohol-free beer and functional drinks are two strongly
growing markets within the beverage sector. The success
of alcohol-free beer and functional drinks with relaxing,
stress reducing properties might be largely based on their
health-benefits. Additionally, exotic flavors along with a
high product quality are also key value propositions of
these products. In this study, the main potential health
benefits of alcohol-free dry-hopped beer and dry-hopped
relaxation drinks are reviewed and the main target consumer
groups are described.
REFERENCES:
Hagemann, M.: Chance for dry hopped non alcoholic beverages, Brewing Science 70 (July/August
2017), pp. 118-123 http://www.brewingscience.de
Source: Barth Innovations
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These Days in Business History
04 December
1619 - America's 1st Thanksgiving Day (Va)
1791 - Britain's Observer, oldest Sunday newspaper in world, 1st published
1851 - President Louis Napoleon Bonaparte forces crush a coup d'etat in France
1930 - Vatican approves rhythm method for birth control
1933 - Franklin Roosevelt creates Federal Alcohol Control Administration
05 December
1492 - Christopher Columbus discovers Hispaniola (El Espanola/Haiti)
1791 - Wolfgang Amadeus Mozart, composer, dies in Vienna Austria at 35
1792 - George Washington re-elected U.S. pres
1879 - 1st automatic telephone switching system patented
1880 - Blue Jeans are invented
1880 - Walter Elias Disney was born, Chicago IL, animator (father of Mickey Mouse)
1978 - European Union establishes EMS, European Monetary System
1985 - Dow Jones Industrial Average rises above the 1,500 level for 1st time
1989 - France TGV train reaches world record speed of 482.4 kph
06 December
1492 - Haiti discovered by Columbus, at Mole Saint Nicolas
1768 - 1st edition of "Encyclopedia Brittanica" published (Scotland)
1877 - Washington Post publishes 1st edition
1922 - 1st electric power line commercial carrier in U.S., Utica, New York
Agenda
January 2018:
26-28: Finest Spirits 2018 (Munich, Germany)
February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)
March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)
April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)
May 2018:
22-24: Beer 2018 (Sochi, Russia)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
News Articles
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USA, WA: Craft Brew Alliance selling its Woodinville facility
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Craft Brew Alliance, Inc. ("CBA”), a leading craft brewing company, announced on December 4 that it has entered into an agreement to sell its Woodinville, Washington facility to Sound Commercial Investment Holdings, LLC for $24.5 million, the Market Insider reported.
The transaction is subject to a financing contingency and other closing conditions that are expected to be resolved by the end of 2017.
As previously announced, the sale of CBA’s Woodinville property, which includes a production facility, office space, and restaurant, will complete a key phase in the company’s ongoing efforts to optimize its brewery footprint, reduce costs and improve gross margins.
While CBA will provide more information on the financial and operational benefits of the sale at closing, the company anticipates a negative impact on 2017 earnings per share in the range of $0.02 to $0.03 as a result of contingencies and transaction costs directly related to the sale.
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USA, OH: Ohio’s Rivals Brewing Company to take over Fat Head’s Brewery space in Middleburg Heights
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After contract producing a line of beer for the last year, Ohio’s Rivals Brewing Company has reached an agreement to take over the current Fat Head’s Brewery space in Middleburg Heights, Brewbound reported on December 4.
As Brewbound previously reported, Fat Head’s broke ground in June on a $12 million, 125,000 sq. ft. destination brewery about a mile from its current headquarters. The new facility will double Fat Head’s production capabilities and enable it to produce as much as 60,000 barrels of beer annually.
Last week, Nick Lowe, the owner of Rivals Sports Grille, a decade-old Middleburg Heights sports bar and restaurant, announced that he had signed a five-year lease on the 35,000 sq. ft. turnkey brewery where Fat Head’s has operated since 2012.
As part of the $2.5 million project, Lowe’s fledgling Rivals Brewing Company LLC has acquired Fat Head’s old brewing equipment in order to begin production in the spring of 2018, and the company plans to expand and remodel the facility’s taproom to better reflect Rivals’ brand identity.
Currently, Rivals Sports Grille contract brews its four beers at Madison, Ohio-based Hop View Brewing Company, and those products are exclusively sold on tap at the restaurant.
“Our beer outperforms all others we carry
...More info on site
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USA, Washington D.C.: Red Bear Brewing signs a lease to open in D.C.’s redeveloped Uline Arena
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The redeveloped Uline Arena in NoMa will soon be home to D.C.'s newest brewery, Bisnow reported on December 1.
Red Bear Brewing signed a lease this week for 7K SF in the ground level of the Douglas Development building.
The brewery is expected to open in late 2018, Red Bear co-founder Cameron Raspet said. The brewery will occupy the retail space on the M Street side of the Uline Arena next to the entrance to the REI and La Colombe Coffee. It will feature a 150-to-200-person taproom and about 15 seats in an outdoor patio, Raspet said.
It will be the first location of Red Bear Brewing, founded by Raspet, Simon Bee and Bryan Van Den Oever. Bee, who lives in Maryland, will be the brewmaster while Van Den Oever, a NoMa resident, will manage the staff and Raspet will manage the company's operations.
"We love craft beer, and we wanted to experience something new and provide something to the community," Raspet said.
The brewers aim to eventually produce 20 types of beer and distribute it locally, but will begin with a smaller selection and will only serve their beer in-house. The beer styles will likely take inspiration
...More info on site
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Canada, BC: Electric Bicycle Brewing launching soon in Vancouver’s Mount Pleasant neighbourhood
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The growing population of local breweries in the fittingly named Brewery Creek area of Vancouver’s Mount Pleasant neighbourhood is soon to have another addition, with the upcoming opening of Electric Bicycle Brewing, Canadian Beer News reported on November 28.
Located in a former electric bicycle factory at 20 E 4th Avenue, the brewery is being founded by owners Elliot McKerr and Matt Ryan, along with sales and marketing manager Leigh Matkovich, and a head brewer to be announced soon.
Promising to offer “an ideal combination of outrageously good beers with gourmet grilled cheese sandwiches, a great atmosphere and grooving music,” Electric Bicycle is aiming to launch in early 2018. Once open, the team intends to “focus on pushing stylistic limits and delivering flavor forward thirst quenching beers,” and will be asking customers for feedback on what beer styles they’d like the brewery to make.
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USA, FL: Ellipsis Brewing already open and pouring cold ones in Orlando
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Orlando's craft beer scene just got a little more stout. Ellipsis Brewing, in Southeast Orlando, is open and pouring cold ones, the Orlando Weekly reported on December 1.
Just north of Orlando International Airport at 7500 TPC Blvd., the upstart craft brewery has already gained the favor of many a local beer aficionado, and earlier this month they brought their tasty peanut-butter beer to the Orlando Beer Festival.
For the launch, Ellipsis Brewing has five beers lined up, including How Rude!, a New England IPA, and Wild Things, an American brown ale.
Hours are 1 p.m. to 11 p.m., seven days a week.
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Canada, ON: Brazil’s Cervejaria OverHop launching production of its beers in Toronto
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The Canadian off-shoot of an award-winning Brazilian craft brewery will be launching its first brands next week in Toronto, Canadian Beer News reported on December 1.
Cervejaria OverHop opened in 2016 in Rio de Janerio, and within its first year, two of its beers won medals in the beer awards at the Brazilian edition of Mondial de la Biere. This led to a recently released collaboration with Quebec’s Brasserie Harricana, and a decision to expand further into the Canadian market with an official presence here.
OverHop Brewing Canada is being headed up by Patricia Rios and Tatiana Fulton, both of whom have relocated to Toronto from Brazil to oversee the project. Its beers are being brewed at Common Good Brewing in Scarborough for now, with plans to open a physical location sometime in 2018.
The Canadian branch of OverHop will be starting out with two brands – OneLove Double IPA (9% abv, 90 IBU), and Hazy New England IPA (6.5% abv, 50 IBU) – both based on recipes from the original brewery. A number of other brands are being planned for future release, including a Canadian version of the OverLab series of single-hop IPAs that has been popular in Brazil.
The official launch party
...More info on site
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USA, OH: New brewery may open in Painesville in summer-fall 2018
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A major property in downtown Painesville recently was sold.
Painesville Economic Development Director Cathy Bieterman said the former Citizens Bank at 113 Main St. was purchased by 113 Main Street LLC.
According to a news release, 113 Main Street LLC is planning to open a brewery downtown, News-Herald.com reported on December 1.
“As the owners of 113 Main Street, we know that the city of Painesville is a great destination for a brewery,” they said. “Brewpubs offer a high value added production of beer that makes their success margins greater than a typical restaurant. The downtown Painesville area is a destination already with Silvestro’s Depot, the Steele Mansion and Lake Erie College.”
The owners said they hope the brewpub will draw residents and visitors alike to “a very unique building in the heart of the downtown.”
The brewery project is early in the design phase, said 113 Main Street LLC representatives.
“We completed a detailed review of the existing building condition, mechanical equipment, etc. prior to closing,” they said. “We have met with and interviewed architects, contractors, etc. We will be moving forward with the detail design in the next month or so.”
The city is working closely with the new property owners to secure a high-foot
...More info on site
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Canada, BC: Fort St. John’ first brewery Beard’s Brewing already open
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The first brewery in the northeastern British Columbia city of Fort St. John has announced that it is now open for business, Canadian Beer News reported on November 27.
Beard’s Brewing has been founded by Stephen Beard, and officially opened on Saturday November 25th following just over a week in soft launch mode.
Located in an industrial unit at 10408 Alaska Road North, the brewery is currently offering glasses and growler fills of several brands including Red Beard Light Red Ale (5.2% abv), Fireside IPA (5.8% abv), and Black Beard Milk Chocolate Oatmeal Stout (4.8% abv).
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USA, CT: Center Street Brewing Company coming to Wallingford next fall
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A local craft beer enthusiast plans to open up a new microbrewery down-town next year on Wallace Avenue, behind Archie Moore’s restaurant in Wallingford, the Meriden Record-Journal reported on November 30.
Peter Ford, a longtime town resident who has brewed beer at his home for about 30 years, expects to open Center Street Brewing Company in a vacant 2,500-square-foot building at 25 Wallace Ave. next fall. It will serve up to nine craft beers on tap, all brewed on site, he said.
“I make everything from IPAs to double IPAs to brown ale,” Ford said.
Ford has worked as a nurse practitioner for Hartford HealthCare for 20 years. He started thinking about opening a brewery about five years ago after he took a course in “advanced home brewing” at the American Brewers Guild in Middlebury, Vermont.
“That sort of made me realize this is something I’d like to do for a full-time job or as my retirement job,” Ford said.
Ford went back to the American Brewers Guild a few years later to receive his brewing certifi-cation. Ford estimates he has brewed 45 to 50 variations of beer over the years. He is starting the new business with his brother, Tim, who lives in
...More info on site
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Canada, ON: Storm Stayed Brewing quietly opens in London, Ontario
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A new brewery and taproom has quietly opened for business in the Old South neighbourhood of London, Ontario, Canadian Beer News reported on December 4.
Storm Stayed Brewing has been founded by veteran homebrewers Michael Naish and Justin Belanger, and is located in a 4200-square-foot space at 169 Wharncliffe Road South that was previously home to The Cove Restaurant.
While not widely announced, online reports indicate that the soft opening started over the weekend, and several beers including Pale Ale, Porter, and Berliner Weiss are available on tap. A small food menu is also available featuring items prepared in the on-site kitchen by Emma Richard of The Gathering Plate.
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Brazil: Beer consumption continues to decline
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Despite some signs of economic recovery, Brazilians have not yet returned to the same level of beer consumption as before. The population, however, is
...More info on site
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World: Global barley malt trade forecast to increase by 100 thousand tonnes in 2017/18
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In its latest report, the IGC forecasts the world trade of malt (in grain equivalent) to grow by almost 100,000 tonnes to 7.255 mln
...More info on site
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Australia: Coopers new plant adds specialist capacity to Australia’s malting industry
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Adelaide brewer, Coopers, added specialist capacity to Australia’s malt production when it opened its malting plant last week and will supply the malt to
...More info on site
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Brazil & Dominican Republic: Ambev pays USD926.5 mln for additional 30% in Cervecería Nacional Dominicana
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Anheuser-Busch InBev's Brazilian unit is to increase its share in the Dominican Republic's beer market leader, Cervecería Nacional Dominicana, Valor Economico reported on December
...More info on site
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Mozambique: Heineken begins work on $100 mln brewery in Mozambique
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Heineken began work on building a $100 million brewery in Mozambique on December 4, a high stakes gamble on an increase in beer consumption
...More info on site
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Vietnam: Record high price for Saigon Beer shares makes their disposal unpredictable
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Vietnam has picked a record high price for Saigon Beer’s share sale this month – at VND320,000 ($14) apiece – which has made it
...More info on site
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Australia: Barley production forecast to fall by 40% in 2017-18
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Total Australian winter crop production is forecast to fall by 41% in 2017-18 to 35.1 million tonnes, primarily reflecting an expected decline in average
...More info on site
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Myanmar: Carlsberg Group expanding fast on Myanmar’s beer market
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Carlsberg Group, the Denmark brewer of Carlsberg beer, is expanding fast in Myanmar. Last month, the brewer opened its 1000th draught outlet in the
...More info on site
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Sri Lanka: President ‘can’t accept reduction in beer prices’
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Sri Lanka's President Maithripala Sirisena expressed on December 4 displeasure over the reduction in beer prices following his government's new tax formula for alcoholic drinks that made the brew cheaper, economynext reported.
Sirisena said any reduction in alcoholic drinks was not acceptable to the government's temperance drive and said the country had received accolade from the World Health Organisation for its anti-alcohol and tobacco policies.
"I cannot accept the reduction in beer prices... Getting more revenue from alcohol and tobacco should not be part of government policy," he said in parliament while speaking on the health ministry votes.
However, he ended his 15-minute speech by saying that he approved Finance Minister Mangala Samaraweera's 2018 budget proposals. A key plank of the budget was the reform of the way alcohol was taxed.
Samaraweera had taken what he called a pragmatic view and imposed tax based on the alcohol content of drinks which made beer and wine cheaper. It is also hoped that lower prices will discourage the consumption of hard liquor.
Following the new tax formula, beer prices fell by about 50 percent while wine too became considerably cheaper.
Any increase in alcohol prices usually lead to an expansion of the illicit liquor industry which does not
...More info on site
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Malawi: Carlsberg Malawi changes its name to Castel Malawi Limited
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Carlsberg Malawi Limited has finally changed its name to Castel Malawi Limited, two years after the French company takeover, the Nyasa Times reported on December 5.
Castel Limited, a French company, took majority shares in the Dutch franchise two years ago, however, the re-branding process has taken long.
The takeover means Carlsberg Malawi Brewery Limited will now be called Castel Malawi Brewery Limited.
The change is effective 24th October, 2017 and is in accordance with Section 52 of the Companies Act of 2013, according to Company Secretary Chipiliro Kauka
“The subsidiaries of Castel Malawi Limited therefore remain Castel Malawi Brewery Limited, Southern Bottlers Limited, and Malawi Distilleries Limited,” Kauka said.
He has since assured that all operation of the group remains constant.
Castel Malawi’s soft drinks business was established in 1955, when the first Coca-Cola products were produced in Malawi under the company name Nyasaland Bottling Company. After Malawi’s independence in 1964, the company name changed to National Bottling Company and continued to produce and distribute sparkling beverages.
The name National Bottling Company was later changed to Southern Bottlers Limited. Southern Bottlers Limited is the only Coca-Cola franchisee in Malawi.
Meanwhile, it is yet to be seen when the branding of their products on the market will start
...More info on site
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Ghana: Guinness Ghana Breweries launches new Odehye3 Beer
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Guinness Ghana Breweries Limited (GGBL) has launched Odehye3 Beer which the company describes as “a beer celebrating Ashanti heritage, progress & future”, GhanaWeb reported on December 4.
Odehye3 Beer, locally produced in Ghana, is distributed in the Ashanti Region and available in 625ml and 300ml bottles.
Melanie Ramsey – Marketing and Innovations Director of GGBL said, “Innovation is at the very core of our business. The Ghanaian consumer is evolving, becoming more sophisticated and aspirational yet very much rooted in culture and heritage”.
“It is in line with this that we forge into a new era with the people of Ashanti Region to launch Odehye3 Beer - the first truly local beer. The uniqueness of Odehye3 Beer lies in the carefully selected raw materials sourced locally and brewed in the Ashanti Region to the highest quality standards for all the people of the entire region.”
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