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E-Malt.com Newsletter 50b
December 14 - December 17, 2017
Quote of the Week
Civilization began the first time an angry person cast a word instead of a rock.
Sigmund Freud
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Currency Rates
Base Currency: US Dollar
on December 15, 2017 |
Base Currency: Canadian Dollar
on December 15, 2017 |
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1 USD = 0.8466 EUR
1 USD = 0.7445 GBP
1 USD = 1.2812 CAD
1 USD = 1.3046 AUD
1 USD = 112.5700 JPY
1 USD = 3.3230 BRL
1 USD = 58.7082 RUB
1 USD = 6.6081 CNY
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1 CAD = 0.7804 USD
1 CAD = 0.5810 GBP
1 CAD = 0.6607 EUR
1 CAD = 1.0181 AUD
1 CAD = 87.8500 JPY
1 CAD = 2.5933 BRL
1 CAD = 45.8070 RUB
1 CAD = 5.1569 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, WY & CA & CO: Melvin Brewing to open at least four new brewpubs in 2018
...Click here
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Canada, ON: Equals Brewing Company to open as exclusively contract brewing facility in London early next year
...Click here
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Canada & USA: Molson Coors Brewing Company announces results of Exchange Offer
...Click here
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USA, MI: Big Lake Brewing to open new location in Holland on December 20
...Click here
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USA, IL: Industry Brewing Company already open in Peoria
...Click here
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USA, GA: Steady Hand Beer Co. eyeing March 2018 opening in Altanta
...Click here
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USA, MA: Seven Saws Brewing planning new brewpub in Holden in early 2018
...Click here
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Vietnam: ThaiBev unit expresses interest in buying 51% of Sabeco
...Click here
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Japan: Beverage companies expected to improve profit margins this year
...Click here
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EU: Barley production seen as rising significantly next season
...Click here
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EU: Malting barley market quiet, prices move slightly downwards
...Click here
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Ukraine: Barley exports decline in November and in July-November this year
...Click here
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Latvia: Aldaris beers now exported to China, France, and the Netherlands
...Click here
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Graph of the Week
Table of the Week
The Number of Breweries in Europe in 2012 - 2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
THE BITTER, TWISTED TRUTH OF THE HOP: 50 YEARS OF HOP CHEMISTRY
ABSTRACT
Two very well known authors, Patrick Ting
and David Ryder, guide us through a history of hop
chemistry. They reveal the "bitter, twisted truth of the
hop", detailing the discovery of hop acids and their
transformation to the many innovations that led to
the development of advanced hop products essential
to the success of many new and novel beer brands
of consistent quality. Miller Brewing has played an
important role in these achievements, and although
today's zeitgeist goes in the direction of using minimally
processed foods and spices, it is clear that, thanks to
advanced technologies the brewing production process,
we are in the position to create more possibilities for
consistency, efficiency, and flexibility in terms of bittering
and foam quality.
REFERENCES:
Ting, P.: The Bitter, Twisted Truth of the Hop: 50 Years of Hop Chemistry, J. Am. Soc. Brew.
Chem. 75(3):161-180, 2017.
https://www.asbcnet.org/publications/journal/vol/2017/Pages/ASBCJ-2017-3638-01.aspx
Source: Barth Innovations
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These Days in Business History
14 December
1503 - Nostradamus [Michel de Nostre-Dam] French astrologist/prophet is born
1911 - South Pole 1st reached, by Norwegian Roald Amundsen
1960 - Organization for Economic Cooperation & Development (OECD) forms
1967 - DNA created in a test tube
15 December
1792 - 1st life insurance policy issued in US (Philadelphia)
1832 - Alexandre-Gustave Eiffel, French engineer is born (built Eiffel Tour in Paris)
1854 - 1st street-cleaning machine in U.S. 1st used in Philadelphia
1877 - Thomas Edison patents phonograph
1886 - For the first time, total daily trading volume on the New York Stock Exchange exceeds 1 million shares
16 December
1834 - Leon Walras French economist is born
1905 - Variety, covering all phases of show business, 1st published
1908 - 1st credit union in US forms (Manchester NH)
17 December
1770 - Ludwig Von Beethoven, composer is born in Bonn, Germany
1895 - George Brownell patents a machine to make paper twine (Mass)
1924 - 1st U.S. diesel electric locomotive enters service, Bronx, New York
1964 - Largest newspaper-Sunday NY Times at 946 pages
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, WY & CA & CO: Melvin Brewing to open at least four new brewpubs in 2018
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Melvin Brewing plans to open at least four new brewpubs in 2018, including outposts in craft beer strongholds San Diego and Denver, Brewbound reported on December 13.
Melvin sales director Ted Whitney told Brewbound that the Wyoming-headquartered cult beer maker has signed a letter of intent on a 5,500 sq. ft. space in downtown San Diego with the hope of opening a 7- or 10-barrel brewery there next summer. He added that the company has prioritized finding a space in Denver.
“We have people in Denver about every other week scouting areas and looking at leases,” he said. “We’re trying really hard.”
In a conversation with Brewbound, Melvin brewpub engineer Jamie Morris explained that the company wants to seed brewpubs in the best beer markets in the country.
“We feel that our beer is competitive,” he said, “and we want to be right where the epicenter of the craft beer world is as well.”
Melvin, which currently operates two Wyoming brewpubs and an outpost in Bellingham, Washington, is also pursuing brewpub locations in Olympia, Washington, and Eureka, Missouri, according to Whitney. He added that the company is attempting to establish a local presence in its new markets as well as “bolster existing sales.”
“Local, as much
...More info on site
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Canada, ON: Equals Brewing Company to open as exclusively contract brewing facility in London early next year
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The London Free Press reports that a large brewing facility exclusively dedicated to contract brewing will be opening early next year on Sovereign Road in London.
Equals Brewing Company is being founded by Southwest Sun Group, a private investment partnership with nearly three decades of experience in various ventures, all of which have been divested in order to concentrate on this new project.
The brewing operation will cost C$8 to C$10 million to establish, and will have an annual capacity of 50,000 hectolitres, as well as the following features:
Along with 15 to 20 fermentation tanks, the new facility will include a canning line that can handle 250 cans per minute, keg- and growler-filling lines, cold storage and warehousing space. The facility will also be able to handle packaging of other mixed alcoholic beverages such as shandy or coolers.
Brewing will be overseen by Justin McKellar, a former Labatt Breweries employee, with client breweries welcome to have their own brewers on hand to be involved in production.
Construction at the 3,620-square-metre building is planned to start next month, and brewing is expected to start in April.
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Canada & USA: Molson Coors Brewing Company announces results of Exchange Offer
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Molson Coors Brewing Company announced on December 15 the final results of its previously announced offer to exchange (the “Exchange Offer”) all of its outstanding 1.900% Senior Notes due 2019, 2.250% Senior Notes due 2020 and Senior Floating Rate Notes due 2019 (collectively, the “Original Notes”), for an equal principal amount of its 1.900% Senior Notes due 2019, 2.250% Senior Notes due 2020 and Senior Floating Rate Notes due 2019 (the “Euro Exchange Notes”), as applicable, that have been registered under the Securities Act of 1933, as amended (collectively, the “Exchange Notes”).
The Exchange Offer commenced on November 14, 2017 and expired in accordance with its terms at 11:59 p.m., Eastern Time, on December 13, 2017.
The Bank of New York Mellon Trust Company, N.A. and The Bank of New York Mellon, London Branch, acting as exchange agents for the Exchange Offer, advised Molson Coors of the following results of the Exchange Offer:
$499,000,000 of the $500,000,000 principal amount of the outstanding 1.900% Senior Notes due 2019 have been validly tendered for exchange, representing 99.80% of the principal amount of the outstanding 1.900% Senior Notes due 2019;
$499,988,000 of the $500,000,000 principal amount of the outstanding 2.250% Senior Notes due 2020 have been
...More info on site
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USA, MI: Big Lake Brewing to open new location in Holland on December 20
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Holland, MI’s Big Lake Brewing (BLB) will open its new location at 11 a.m. on Wednesday, Dec. 20, HollandSentinel.com reported on December 14.
The new 160-seat space, located at 13 W. Seventh St., has recently received at $1.25 million facelift and will be the new home to the company’s 7,000-square-foot brewpub and restaurant.
BLB closed on the space — which was the former home of Serafina’s Bar and Grill and prior to that was Via Maria — in March and have since been working to renovate the space.
“This building is 90-years-old this year and we could not be more excited to bring it back to life with our amazing customers,” said Nic Winsemius, owner and director of production at BLB. “Our original location on the north side of Holland welcomed thousands of neighbors and visitors in our first years of operation, and being able to expand downtown to a destination that also creates jobs and an awesome space to gather with friends and families is a dream come true.”
The new space will replace BLB’s current location at 977 Butternut Dr. and will be open Monday through Wednesday from 11 a.m. to 11 p.m., Thursday through Saturday from 11 a.m. to midnight and
...More info on site
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USA, IL: Industry Brewing Company already open in Peoria
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Craft beer is back in the barrels of a North Peoria brewery in Peoria, IL, the Peoria Journal Star reports.
Industry Brewing Company, a brewery with food service for lunch and dinner, opened on December 12 at 8012 N. Hale Ave., the site of the old Peoria Brewing Company. Area restaurateur Travis Mohlenbrink purchased the brewery earlier in the summer with designs to re-open it this winter after a quick renovation. Mohlenbrink owns a collection of restaurants in Peoria, including Thyme, Cayenne and Sugar.
Industry will be open every day starting at 11 a.m. with the kitchen open until 10 p.m. and the bar open later than that. Seven of the nine beers brewed on the premises are currently available, per Industry Brewing’s Facebook page, and all nine will be available by the weekend.
Among the different craft styles that Industry will feature include a peanut butter stout, a Kolsch, two pale ales, a porter, a stout, a blonde, a red ale and a hoppy wheat. Customers can also purchase the beer to go in a “crowler” — a can-and-growler hybrid that are sealed and recyclable.
But beer isn’t all that’s on tap at Industry Brewing. The lunch and dinner menu features mostly pub
...More info on site
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USA, GA: Steady Hand Beer Co. eyeing March 2018 opening in Altanta
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You might have tried Steady Hand Beer Co.’s IPAs at restaurants and bottle shops around Atlanta. Come March 2018, you’ll be able to order a flight or a pint at their new brewery on the Westside. Located at 1611 Ellsworth Industrial Boulevard, near Topgolf, Bacchanalia, and Star Provisions, the new facility encompasses 14,000 square feet, including an approximately 3,600-square-foot taproom. (The owners are also considering adding a patio for summer afternoon sipping), the Atlanta Magazine reported on December 12.
“Atlanta is a tremendous population center, and relative to other areas of the country, we’re just scratching the surface in terms of number of breweries,” Steady Hand CEO Kevin Sullivan says. “Everyone brings a different kind of appeal. We have a unique voice to add to the conversation.”
Steady Hand was founded in 2015 by brothers Brian and Kevin Sullivan. Brian, the brewmaster, previously served as head brewer at 3 Sheeps Brewing in Wisconsin and chef at Pyramid Brewing in California. As CEO, Kevin handles the business side, and business partner Randy Wise manages operations. The name Steady Hand comes from the Sullivan family’s Irish coat of arms, dating back to the 16th century.
The new taproom will serve Steady Hand’s founding beers: Paradise
...More info on site
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USA, MA: Seven Saws Brewing planning new brewpub in Holden in early 2018
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There is yet another brewery coming to Central Massachusetts in the coming months, this one in Holden, the Worcester Business Journal reported on December 13.
Seven Saws Brewing, currently located in a building on Main Street in Holden, is hoping to open a brewpub in early 2018, brewer and co-founder Tom Anderson told the WBJ on December 13.
So far, the team of five friends is only distributing the beer to local restaurant Specialty Sandwich Company on Main Street, but the plan is to nail down a space in the near future and build a brewery.
The brewery's name, according to Anderson, pays homage to Holden's manufacturing history and foundation. The town was home to more than a dozen mills in the late 1700s, including seven saw mills.
"I love the idea of - not only the history - but where we came from and trying to incorporate that back into the community," he said.
The group of friends began to explore the possibility of brewing their own beer after waiting in the long lines at renowned breweries Tree House Brewing Company and Trillium Brewing Company.
"We could do this," Anderson remembers the group thinking. "Let's try to brew beer."
The group eventually brought on Holden resident
...More info on site
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Vietnam: ThaiBev unit expresses interest in buying 51% of Sabeco
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A unit of Thai Beverage has expressed interest in buying about 51 percent of Vietnam’s Sabeco, the Vietnamese trade ministry, which is looking to
...More info on site
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Japan: Beverage companies expected to improve profit margins this year
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Major beverage companies in Japan are improving their profit margins by focusing less on price competition, stepping up efforts to cut costs and offering
...More info on site
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EU: Barley production seen as rising significantly next season
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Farmers in the European Union will harvest about the same amount of soft wheat in 2018 as they did this year as higher projected
...More info on site
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EU: Malting barley market quiet, prices move slightly downwards
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EU malting barley market has been taking a breather this week with prices slightly moving downwards simply because of lack of buyers, GrainCom reported
...More info on site
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Australia: Barley harvest about 90% completed
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Australia’s barley harvest is about 90% completed, GrainCom said in their latest report.
Markets firmed a bit lately due to ongoing demand and the
...More info on site
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Ukraine: Barley exports decline in November and in July-November this year
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Barley exports from Ukraine continued to decline in November, which is a traditional trend for this period of season, UkrAgroConsult reported on December 15.
Ukraine exported 167.4 thousand tonnes of barley during the month, or 44% less than at the same time last marketing year.
In the first five months of MY 2017/18, Ukrainian barley exports totalled more than 3.73 mln tonnes - down 6.5% year-on-year. The current pace of barley exports from Ukraine is similar to that seen in MY 2015/16, when 4.4 mln tonnes of barley was exported.
In November, Ukrainian barley was supplied to its traditional end markets: Saudi Arabia, Libya, Tunisia, Israel, Iran and others.
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Latvia: Aldaris beers now exported to China, France, and the Netherlands
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Latvia’s Aldaris brewery has started selling its products in China, France and the Netherlands, LETA reported on December 14.
So far Aldaris exported its products to eight markets, of which the UK was the biggest one, with 78.71% of the company’s exports.
The company said that in November Aldaris in cooperation with the Latvian Investments and Development Agency presented Mezpils dark beer at the economic and trade, technologies and culture forum of the Central and Eastern Europe and China.
"Even though the cooperation agreement with China was signed a year ago, so far there has been a long process of strengthening cooperation, inspections and certifications in line with China’s legislation and food safety regulations," said the company said, adding that this year the first test shipment of 10,000 litres of Mezpils dark beer has been sent to China.
Meanwhile, the company’s newest market is the Netherlands. Two cooperation agreements have been signed in this market. In France a cooperation with one of the retail chains has been signed.
The company continues search for new partners in Europe and outside Europe.
Aldaris exports its products to the UK, Denmark, Ireland, the US, Finland, Australia, Estonia and Poland, and now also to China,
...More info on site
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