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E-Malt.com Newsletter 09b
February 28 - March 03, 2019
Quote of the Week
Sometimes life hits you in the head with a brick. Don't lose faith.
Steve Jobs
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Currency Rates
Base Currency: US Dollar
on March 01, 2019 |
Base Currency: Canadian Dollar
on March 01, 2019 |
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1 USD = 0.8785 EUR
1 USD = 0.7525 GBP
1 USD = 1.3164 CAD
1 USD = 1.4036 AUD
1 USD = 111.0400 JPY
1 USD = 3.7355 BRL
1 USD = 65.8140 RUB
1 USD = 6.6850 CNY
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1 CAD = 0.7596 USD
1 CAD = 0.5715 GBP
1 CAD = 0.6672 EUR
1 CAD = 1.0661 AUD
1 CAD = 84.3400 JPY
1 CAD = 2.8373 BRL
1 CAD = 49.9891 RUB
1 CAD = 5.0776 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, CT: Stratford's Two Roads Brewing Company to open $15 million expansion Area Two Experimental Brewing on March 11
...Click here
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USA, OR: Vagabond Brewing up and pouring at its fourth location in Southeast Portland
...Click here
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USA, VA: Old Rappahannock Brewing Company to open new production facility in Warsaw, VA
...Click here
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USA, WI: Good City Brewing opens in Kilbourn Town, Milwaukee
...Click here
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USA, DE: Brown Brothers Brewing hoping to start brewing in Dagsboro soon
...Click here
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USA, TX: Hops & Grain San Marcos’s second location to hold soft opening on March 18
...Click here
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USA, IL: The Well at the Distillery opens at former Thornton 1857 brewery location
...Click here
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World: AB InBev reports revenue, volumes growth in 2018
...Click here
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World: AB InBev forecast strong revenue, profit growth this year
...Click here
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Australia: Coopers Brewery’s malting plant reaches 90% capacity use thanks to strong demand from craft brewers
...Click here
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Brazil: Ambev sees lower recurring net profit last year
...Click here
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Thailand & Vietnam: Sabeco contributes 46% of ThaiBev’s revenues in Q1 2018-19
...Click here
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Australia & China: Australian farmers fear new barley trade sanctions from China
...Click here
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Denmark & China: Carlsberg buys minority stake in Chinese microbrewery Jing-A
...Click here
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Myanmar: Carlsberg launches Black Eagle Stout in Myanmar
...Click here
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Graph of the Week
Table of the Week
Africa Beer Production by Country
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
ALL ABOUT ALPHA ACID ISOMERIZATION
ABSTRACT
Dedicated to Dr. Koen Goiris, who passed away in 2017,
a Belgium research group published an extensive
overview about everything there is to know about alpha
acid and its isomerization. From the biosynthesis of bitter
acids in the hop plant, the solubility properties of alpha
acids in wort and beer, to the reaction mechanisms and
kinetics of converting alpha acids into iso alpha acids —
all relevant research and publications are summarized
here. And as the authors say and I agree "this review
paper will help scientists to find their way and discover
new things in the fascinating field of hop research."
REFERENCES:
B. Jaskula-Goiris, L. De Cooman and K. Goiris, Humulus Lupulus: Hop Alpha-acids
Isomerization A Review, Brewing Science, 2018
Read more
Source: Barth Innovations
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These Days in Business History
28 February
1956 - Forrester issued a patent for computer core memory
1982 - American Telephone and Telegraph Co. looses record $7 BILLION for fiscal year ending on this day
1986 - European Economic Community sign "Special Act" for Europe free trade
01 March
1867 - Howard University chartered, Washington D.C
1927 - Bank of Italy becomes a National Bank
1947 - International Monetary Fund begins operation
02 March
1809 - The earliest known bank failure in the U.S. is reported when the Farmers Exchange Bank of Glocester, R.I., goes bust after issuing $800,000 in fraudulent loans against total capital of $45
2000 - Wall Street creates what may be the most worthless company of all time. 3Com Corp. spins off 23 million shares of Palm, Inc. on NASDAQ at an initial price of $38
2000 - Shares in MicroStrategy Inc., a hot software consulting firm, fall from $246.75 to $86.75 in a single day as chairman Michael Saylor announces that the company will have to slash its reported revenues and earnings for the past two years
03 March
1885 - American Telephone and Telegraph (AT&T) incorporates
1979 - Meeting in Geneva, OPEC declares that its members will raise the price of crude oil 9% in a single leap, from $13.34 to $14.55, igniting another round of global inflation
2000 - On the same day, technology stocks set a record for industry representation in the Standard & Poor's 500-stock index, at 34.9%, and Cisco Systems, Inc. becomes the world's most valuable corporation, with a total market value of $548 billion
Agenda
March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
04 - 06: Warsaw Beer Festival 2019 (Warsaw, Poland)
05 - 06: Helsinki Beer Festival 2019 (Helsinki, Finland)
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
10 - 12: Drink Technology India 2019 (Bengaluru, India)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
07 - 09: International Beer Strategies Conference 2019 (Dublin, Ireland)
15 - 17: Craft Beer China 2019 (Shanghai, China)
17 - 19: Mondial de la Biere 2019 (Paris, France)
21 - 23: Africa Brewing Conference 2019 (Addis Ababa, Ethiopia)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)
June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)
August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
News Articles
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USA, CT: Stratford's Two Roads Brewing Company to open $15 million expansion Area Two Experimental Brewing on March 11
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The wait is almost over. Stratford's Two Roads Brewing Company will open its $15 million expansion, called Area Two Experimental Brewing, in a state-of-the-art 25,000 square foot facility on March 11. Area Two will be entirely focused on sour, barrel-aged and experimental beers, Patch.com reported on February 27.
According to Master Brewer and co-founder, Phil Markowski, "Area Two will be a brewery of boundless experimentation," meaning that "we will continue to innovate, redefine and stretch the definition of beer." Included at Area Two will be barrel-aged, lambic-style sour beers, beers aged in barrels obtained from distilleries, wineries and other sources as well as beers spontaneously fermented from local, airborne yeast. Beer will also age in large wooden tanks known as "foudres" for as long as two years to deliver unique characteristics found in these highly complex beers.
The showcase of the souring operation will be Area Two's coolship; a large, shallow steel pan housed in a separate building facing the property's wetlands preserve. The wetlands will be a rich source of local microflora which will be introduced to the fermenting beer as it rests in the coolship. This process, called "spontaneous fermentation," is behind some of the world's most renowned sour beers
...More info on site
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USA, OR: Vagabond Brewing up and pouring at its fourth location in Southeast Portland
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Vagabond Brewing, founded by three friends and Marine veterans who traveled the globe looking for adventure and purpose, is up and pouring in close-in Southeast Portland, the fourth location for the Salem-based brewery, OregonLive.com reported on February 28.
Opened recently in a former Darigold dairy building in the Hosford-Abernethy neighborhood, Vagabond charges headfirst into an area rich in breweries, including nearby Grixsen, Baerlic and Ground Breaker.
The brainchild of longtime friends James Cardwell, Alvin Klausen and Dean Howes, Vagabond first opened a taproom in a Salem industrial space five years ago. It proved so popular it quickly expanded production and opened two more locations in the Salem area.
The three friends, all of whom are combat veterans, settled on the idea of starting a brewery after serving in the Marines then touring the world. They say they “went looking for meaning and purpose and found love, adventure, and the essence of the human experience.”
The trio says everywhere they went, they also found beer, and that beer “brought people together and was an almost universal language that easily broke the ice or sparked conversations lasting well into the night.”
Thus, Vagabond was born. The founders say they are opening in Portland because they want to
...More info on site
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USA, VA: Old Rappahannock Brewing Company to open new production facility in Warsaw, VA
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Old Rappahannock Brewing Company will create 11 new jobs and invest over $1.2 million to open a new production facility and tasting room in the Town of Warsaw, the Augusta Free Press reported on February 27.
The company will source more than 90 percent of the hops, wheat, oysters, and fruit used in its brews from Virginia. Old Rappahannock Brewing will be the first craft brewery in Richmond County and only the third in the region, creating an important new amenity for year-round residents and tourists.
“Old Rappahannock Brewing Company’s investment and job creation in the Town of Warsaw represents a tremendous opportunity to create new markets for Virginia’s watermen and farmers as craft beverage producers work with them to source the Virginia oysters, wheat, hops, and other items that make their products so distinctive,” said Governor Northam. “This announcement is a significant win that will yield benefits for all of rural coastal Virginia and the thriving craft beverage and tourism industries in our Commonwealth.”
“The Town of Warsaw was built upon the success of farming and fishing in the region. So it is fitting that those cornerstone industries, along with Virginia’s burgeoning craft beverage industry, are also part of town’s revitalization,” said
...More info on site
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USA, WI: Good City Brewing opens in Kilbourn Town, Milwaukee
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A new brewery has opened at 333 W. Juneau Ave. in Kilbourn Town, Milwaukee: the fresh arrival is called Good City Brewing, Hoodline reported on February 27.
The downtown spot is the second location for the brewery to open in Wisconsin. Good City Brewing seats 200 people in the first-floor taproom while the outdoor patio seats 360 people on the second floor. Choose from a menu of various food options and beers on tap. Pair the beer with a brat burger, made of Miesfelds of Shebaygan’s brat patty with cheddar cheese, spicy beer mustard and a sport pepper relish.
Good City Brewing Downtown has proven popular thus far, with a 4.5-star rating out of three reviews on Yelp.
Jenny B., who was the first Yelper to review the new spot on Feb. 9, wrote, "So happy they opened a location downtown! This is the perfect place to stop at before a Buck's game or really whenever. They have so many more beer options than the Farwell location."
Yelper Marissa M. added, "My co-workers and I came on opening weekend and we were very satisfied with the place. The food was great! We shared pizza, a pretzel roll and macaroni and cheese — it was
...More info on site
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USA, DE: Brown Brothers Brewing hoping to start brewing in Dagsboro soon
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Sometime this fall, business could literally be brewing in Dagsboro’s Savannah Square Shopping Center.
Pending an amendment to town code and brewery licensing, Ocean View resident Zack Brown hopes to be serving the likes of Electric Circus IPA and other craft beers with homegrown catchy names in a nanobrewery small-batch business endeavor spiced with brotherly love.
“We just have a dream to start a craft brewing business,” said Mr. Brown, speaking on behalf his brothers, Ronnie and Nick, and Brown Brothers Brewing at the Feb. 25 Dagsboro town council meeting. “We really love the location in Savannah Square. We like the accessibility and overall appearance. I believe based on it being a great location that it would be a great place to have a brewery and bring in new business for the town.”
“We’ve been brewing beer together. We are all craft beer enthusiasts and it’s time now we put our hobby into a business,” said Mr. Brown.
Dagsboro’s town council is addressing the request from Brown Brothers Brewing. It will require a change in code that would include language allowing craft beer business as a permitted use in the highway commercial zoning district. Under current code, that use is not permitted.
Kyle Gulbronson, Dagsboro’s
...More info on site
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USA, TX: Hops & Grain San Marcos’s second location to hold soft opening on March 18
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Hops & Grain San Marcos, an Austin-based brewery’s soon-to-be second location, is set to have a soft opening at 110 Martin Luther King Jr. Drive, San Marcos, on March 18, the Community Impact Newspaper reported on February 28.
Regular hours, 10 a.m.-10 p.m., will begin March 25, the company said.
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USA, IL: The Well at the Distillery opens at former Thornton 1857 brewery location
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The Well at the Distillery is the South Suburbs' newest distillery, but it’s not the first time alcohol has been produced in its Thornton location, The Homewood-Flossmoor Chronicle reported on February 28.
The business at 400 E. Margaret St. is producing craft gin, vodka, whiskey and rum in the same spot where beer was brewed for a century. The distillery sits along Thorn Creek in a spot that was inhabited by Native Americans until being sold to fur traders. It was 1857 when John Biefeldt found it an ideal location for beer brewing due to the water source and natural spring.
That water source continues to provide an ideal spot for making spirits with a limestone-filtered artisan well.
Except for a brief period during Prohibition, the brewery remained in operation until 1957. And even during Prohibition, when the site became a soda manufacturer, the beer was quietly brewed and distributed by some of the era’s most notorious Chicago gangsters, including Al Capone.
After the beer brewing ceased, the building had various uses, from light industrial operations in one portion and taverns and restaurants in another part. It sat vacant for many years before restoration began four years ago. Not only is it one
...More info on site
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USA: Heineken to cut US workforce by 15%
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The US division of beer giant Heineken has announced that it will be cutting its workforce by 15%, stating that the restructuring would “enable more efficient ways of working”, The Drinks Business reported on February 28.
As reported by Brewbound, spokesperson for Heineken USA, Bjorn Trowery, confirmed in a statement that the company was making job cuts.
He said: “We are modifying our sales team structure to align with our strategy and to enable more efficient ways of working.
“This will help Heineken USA be more cost effective, and allow us to reinvest behind our brands and business in the US. While change that impacts our people is always difficult, we believe these changes will better position Heineken USA for the future.”
Trowery also told the news site that Heineken was “actively” seeking “new opportunities” for those members of staff who are losing their roles.
In October last year, Heineken-owned brewer Lagunitas made over 100 employees redundant –12% of its workforce – in the wake of what it called a rapidly evolving and “more challenging” market.
Other big beer companies to have made cuts in recent months include AB InBev, MillerCoors, Constellation Brands and Pabst Brewing. Constellation Brands also recently confirmed rumours that will sell or
...More info on site
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World: AB InBev reports revenue, volumes growth in 2018
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AB InBev’s revenue grew by 4.8% in 2018 and by 5.3% in the fourth quarter (Q4) 2018 with revenue per hectolitre (hl) growth of
...More info on site
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Ireland: Malt imports total 28,088 tonnes in 2018
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28,088 tonnes of malt were imported into Ireland in 2018, according to the Central Statistics Office (CSO), AgriLand reported on March, 1.
However, it should
...More info on site
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World: AB InBev forecast strong revenue, profit growth this year
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Anheuser-Busch InBev, the world’s largest brewer, forecast strong revenue and profit growth in 2019, with a focus on increasing beer sales rather than just
...More info on site
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Australia: Coopers Brewery’s malting plant reaches 90% capacity use thanks to strong demand from craft brewers
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Australian craft brewers and distillers have emerged as important customers for Coopers Brewery’s new malting plant in Adelaide, South Australia, the Grain Central reported
...More info on site
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Brazil: Ambev sees lower recurring net profit last year
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Ambev SA, Latin America’s largest beverages firm, will see its earnings before interest, taxes, depreciation and amortization in Brazil growing at a faster pace
...More info on site
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Thailand & Vietnam: Sabeco contributes 46% of ThaiBev’s revenues in Q1 2018-19
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Vietnamese brewery Sabeco has contributed 46 percent of the revenues of Thai parent ThaiBev in the first quarter of 2018-19, the Retail News reported
...More info on site
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Australia & China: Australian farmers fear new barley trade sanctions from China
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Australian farmers fear China is on the brink of hitting them with heavy trade sanctions after Beijing failed to budge on its claims that
...More info on site
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Denmark & China: Carlsberg buys minority stake in Chinese microbrewery Jing-A
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Danish brewer Carlsberg has bought a minority stake in Chinese microbrewery Jing-A, the company said on March 1.
Carlsberg will distribute beer produced by Beijing-based Jing-A while the Chinese brewer will remain in control of producing its craft and specialty beers and developing its brand, a Carlsberg spokesman said, noting that this was a “small investment.”
He did not disclose financial details of the deal.
The news was first reported by Danish newspaper Borsen on March 1.
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Myanmar: Carlsberg launches Black Eagle Stout in Myanmar
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Carlsberg, the Copenhagen, Denmark-based beer maker, on February 26 launched Black Eagle Stout in Yangon, its first dark beer in Myanmar and the latest product in its portfolio of brands in the country, the Myanmar Times reported on March 1.
The new Black Eagle Stout contains 8.8 percent alcohol by volume, giving it a smooth bitter and sweet aftertaste, Carlsberg said.
“For Carlsberg Group, Myanmar is one of the prominent markets across the globe where many of our customers are enjoying our brands. We believe that Myanmar people deserved a better relaxation after a hardworking day to release stress, said Ted Liang, Marketing Director at Carlsberg Myanmar.
Black Eagle Stout will be available in the local market starting from March 1 in draught as well as 330ml cans and 500 ml cans.
It is the fourth beer brand in the Carlsberg Myanmar stable of products. The brewer currently brews and bottles Carlsberg, Yoma and Turborg beers in the country.
Carlsberg Myanmar, which is controlled by local tycoon U Thein Tun, who also publishes the Myanmar Times, first opened its US$100 million brewery in Bago Region, Yangon, in 2015. The brewery has the capacity to brew up to 600,000 hectolitres of beer
...More info on site
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