|
Newsletter Summary
Last five graphs
Note: All graphs issued with e-malt.com newsletters
are published in "Graph" section
of e-malt.com site.
Last five tables
All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.
Last five prices evolutions
Access to E-malt.com
Do you know
E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Newsletter 23a
June 03 - June 05, 2019
Quote of the Week
My motto is: Contented with little, yet wishing for more.
Charles Lamb
|
You are one of the
54,000 professionals of the brewing and malting industries
from
195 countries
receiving our free bi-weekly
E-malt Newsletters
published since 2001. You seem to be pleased by getting them as we have registered something like
3 mln readings.
To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.
You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!
CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:
One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros
For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381;
Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)
|
Currency Rates
Base Currency: US Dollar
on June 05, 2019 |
Base Currency: Canadian Dollar
on June 05, 2019 |
| |
1 USD = 0.8953 EUR
1 USD = 0.7839 GBP
1 USD = 1.3469 CAD
1 USD = 1.4537 AUD
1 USD = 109.8300 JPY
1 USD = 4.0682 BRL
1 USD = 64.6649 RUB
1 USD = 6.9102 CNY
|
|
1 CAD = 0.7423 USD
1 CAD = 0.5818 GBP
1 CAD = 0.6646 EUR
1 CAD = 1.0790 AUD
1 CAD = 81.5200 JPY
1 CAD = 3.0197 BRL
1 CAD = 47.9988 RUB
1 CAD = 5.1293 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
USA: More than half of top 50 US craft brewers didn’t grow in 2018
...Click here
|
|
USA, TX: Flying Rhino Brewing Co. coming to Dickinson soon
...Click here
|
|
USA, NE: Thunderhead Brewing opens for business in Kearney
...Click here
|
|
USA, NJ: King’s Road Brewing moving to brand new space in Haddonfield
...Click here
|
|
USA, VA: Wild Wolf Brewing Company’s new Charlottesville location now officially open
...Click here
|
|
Canada, ON: Beaches Brewing Company planning brewpub launch later this year
...Click here
|
|
USA, ID: Gem State Brewing Company to bring new brewery to downtown Eagle
...Click here
|
|
USA, KY: Braxton Brewing Co. to open Fort Mitchell’s first barrel-aging brewery
...Click here
|
|
USA, CA: Ish Brewing Co. eyeing fall opening in Clovis
...Click here
|
|
Canada, AB: Fort McMurray’s Wood Buffalo Brewing Co. forced to close down
...Click here
|
|
USA, MN: 12welve Eyes Brewing shuts down its doors for good
...Click here
|
|
Portugal: Beer consumption sees small increase last year
...Click here
|
|
Vietnam: Heineken and Sabeco draw new battle lines on Vietnam's beer market
...Click here
|
Asia: Pernod Ricard confident over growth prospects in Asia
...Click here
|
|
South Korea: Beer tax system to be altered for the first time in half a century
...Click here
|
|
Brazil: Ambev signs USD36.3 mln deal to build solar plants in Brazil
...Click here
|
|
EU: Brewers preparing for tougher environmental legislation
...Click here
|
|
Vietnam: Parliament rejects ban on overnight alcohol sale
...Click here
|
|
Japan: Rugby World Cup expected to boost Heineken sales
...Click here
|
|
Cameroon: Brewers fear losses and further price hike, following Beer Labeling Program launch
...Click here
|
Graph of the Week
Table of the Week
China Hops Area and Production 2015-2018
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 June
1748 - Amsterdam establishes municipal postal service
1889 - The transcontinental Canadian Pacific Railway is completed
1903 - Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 - Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine
04 June
1070 - Roquefort cheese created in a cave near Roquefort, France
1875 - Pacific Stock Exchange opens
1896 - Henry Ford completes the Ford Quadricycle, his first gasoline-powered automobile, and gives it a successful test run
1953 - Woodcock, Hess & Co. of Philadelphia incorporates, becoming the first firm that's a member of the New York Stock Exchange to do so
05 June
1507 - England and Netherlands sign trade agreement
1933 - Gold standard abolished
1933 - The U.S. Congress abrogates the United States' use of the gold standard by enacting a joint resolution (48 Stat. 112) nullifying the right of creditors to demand payment in gold
1947 - Marshall Plan: In a speech at Harvard University, the United States Secretary of State George Marshall calls for economic aid to war-torn Europe
1977 - Apple II, the 1st personal computer, goes on sale
Agenda
June 2019:
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)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
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
|
USA: More than half of top 50 US craft brewers didn’t grow in 2018
|
More than half of the top 50 Brewers Association-defined craft brewing companies didn’t grow in 2018, according to data published in the May/June edition of the not-for-profit trade group’s New Brewer magazine, Brewbound reported.
It’s the third consecutive year that at least half of the top 50 regional craft brewing companies — those producing between 15,000 and six million barrels of beer a year — didn’t grow. In 2018, 28 of the top 50 small and independent breweries either declined or remained flat. In fact, just seven companies in the top 20 posted mid-to-low single-digit growth.
Beer volumes at three of the top five craft breweries — D.G. Yuengling and Son (-2 percent), Boston Beer Company (-7 percent) and New Belgium Brewing (-11 percent) — declined.
Bucking the trend, however, was Sierra Nevada Brewing Company. After consecutive years of 7 percent declines, the California- and North Carolina-based craft brewery returned to growth in 2018, increasing production 2 percent, to nearly 1.1 million barrels.
Meanwhile, Firestone Walker’s 12 percent uptick in production accounted for all 5 percent of Duvel Moortgat USA’s growth, as volumes dipped at both Boulevard Brewing (-10 percent) and Brewery Ommegang (-8 percent).
Other top-20 craft brewing companies that grew volumes in 2018
...More info on site
|
|
USA: More Americans choosing zero-alcohol beers
|
This summer when it comes time to celebrate with friends, it’s more likely someone in the group will be raising a glass with a beverage that doesn’t have alcohol, CNBC reported on June 1.
The trend coincides with changing consumer tastes, as more Americans try to eat and drink healthier and follow low-carb diets like keto. The term “sober curious” has become popular as a way to identify those who want to stop or reduce their alcohol intake for wellness reasons.
Alcohol consumption across the globe fell 1.6% in 2018 to 27.6 billion cases, according to data from IWSR, which tracks alcohol trends. Non-alcoholic beverages other than soda, which has also seen its consumption fall, offer restaurants and drink makers the opportunity to capitalize on a trend that could otherwise hurt their bottom line.
Mocktails have been around for decades, and non-alcoholic beers have been around even longer, thanks to Prohibition. But more players are entering the market as the trend gathers steam with younger generations. According to IWSR data, the most frequent consumers of low- and no-alcohol drinks are between 21 to 44 years old — an age bracket that mostly includes millennials, with some Generation X consumers — and male.
In the
...More info on site
|
|
USA, TX: Flying Rhino Brewing Co. coming to Dickinson soon
|
A new brewery, Flying Rhino Brewing Co., will soon be coming to Dickinson, Texas. The 8,100 square-foot brewery-in-planning will include a 2,100 square-foot taproom and 6,000 square-foot brewery space. The brewery will also feature a spacious outdoor patio and an additional 3,000 square-foot pad for future expansion, Brewbound reported on June 2.
The design of the building takes cues from airplane hangars to support the brand and create interesting forms and functions for the space. Being a suburban brewery, the focus is on creating a space that serves the community and can be used as a landmark in the area.
Owner, Ryan DeLaRosa, and his business partner, Matt Emmite, decided to open the brewery after years of homebrewing as a hobby. The pair will be starting with a 10-barrel brewhouse and plans to open with an IPA, an American Pale Ale, Milk Stout, American Blonde, and a Mexican Lager on the board. DeLaRosa and Emmite are both Dickinson natives.
“We really hope to attract all groups of beer drinkers,” said Ryan DeLaRosa. “We hope to be an everyday hangout for our local neighbors and on the weekends, we want to be a destination for craft beer fans all over Houston. We’re only 1.5
...More info on site
|
|
USA, NE: Thunderhead Brewing opens for business in Kearney
|
A new brewery, beer bar and pub has opened for business in Kearney. Located at 1037 Jones St., the fresh addition is called Thunderhead Brewing, Hoodline reported on May 30.
Thunderhead Brewing produces up to 22 different craft beers. The options range from stouts to ales, pilsners, IPAs and more. Try the Yes Dear (honey beer), Frost Warning (New England IPA) and the MacTawisch Scottish Ale. (Click here to view all of the beers the brewery makes.)
The new brewery has garnered rave reviews thus far, with a five-star rating out of four reviews on Yelp.
Yelper Gary G., who was among the first Yelpers to review the new spot on May 16, wrote, “Great new bar in the Old Market. They have a great selection of Thunderhead brews, of course, as well as some good guest beers on tap, such as Pseudo Sue from Toppling Goliath and Hoptimum from Sierra Nevada. ... The staff is friendly and cool and the patio is accessible.”
And Russell P. wrote, "Great selection of local and guest beers. New location with plenty of space, [good for] board games or to hang out with big groups."
Head on over to check it out: Thunderhead Brewing is open from 3–11
...More info on site
|
|
USA, NJ: King’s Road Brewing moving to brand new space in Haddonfield
|
Even since before opening in downtown Haddonfield, one of the primary operational goals for King’s Road Brewing has been integrating with the borough business district, NJ Pen reported on May 30.
After 18 months, co-owner Bob Hochgertel believes “we’ve become that thread in the fabric of the community we’re looking for.”
To date, its collaborations have included locally sourced ingredients (partnering with Saxbys for a coffee milk stout), supporting neighbors’ in-store events (Books and Brews at Inkwood), and providing a takeaway option for restaurant-goers in a historically dry town.
“Restaurants have said when we’re open they’re seeing increased sales, and we’re seeing a huge number of patrons with takeout packages.” Hochgertel said. “People are staying in town because they can get their beer and food in the same town.”
But in the next few months, the entire operation is shifting into a brand new space just across the narrow alley of Mechanic Street, expanding its footprint, and setting down deeper roots into the historic Haddonfield shopping district.
The 800-square-foot brewery has become an unofficial hot spot for office parties, meet-and-greets, and other events, Hochgertel said. Owners field more requests for private parties than the tiny space can accommodate, a circumstance the new tasting room will
...More info on site
|
|
USA, VA: Wild Wolf Brewing Company’s new Charlottesville location now officially open
|
On June 2, the Wild Wolf Brewing Company officially opened its brand new location in downtown Charlottesville, NBC 29 News reported on June 3.
Within minutes, a crowd of eager people lined up to check out the food and drinks that they would typically have to go to the brewery's flagship location in Nelson County. Unfortunately, right now Wild Wolf is unable to serve its own beers at this location due to a licensing holdup.
“We cannot buy our beer from the distributor to sell it we can certainly not bring it here and sell it so we wait until our T.T.B. [Tax and Trade Bureau] license gets approved and those are delayed because of the government shutdown,” said Mary Wolf, president of Wild Wolf Brewing Company.
In the meantime, the restaurant is still serving other Virginia beers.
Wild Wolf Brewing Company is celebrating its expansion all week with hourly raffle drawings for T-shirts, daily drawings for a beach vacation and on Saturday, June 8, the grand prize drawing for a 5-day cruise to the Bahamas.
|
|
Canada, ON: Beaches Brewing Company planning brewpub launch later this year
|
Two years after launching its debut contract-brewed beer at bars in its namesake neighbourhood in Toronto’s east end, Beaches Brewing Company has announced plans to open a brewpub later this year in the same area, the Canadian Beer News reported.
Founded by local resident Carl Pratt, Beaches Brewing is known for its flagship A-Bay Pale Ale which is available at select LCBO outlets in a contract-brewed version.
The brewery’s bricks-and-mortar facility will be located at 1953 Queen Street East, previously home to the Beach House Bar & Grill, and will feature a brewery, retail store, and full service restaurant with a menu offering “selections from some of the most famous beaches in the world along with some Canadian favourites from our own Toronto Beaches neighbourhood.”
Beaches Brewing Company is expected to open this summer.
|
|
USA, ID: Gem State Brewing Company to bring new brewery to downtown Eagle
|
Gem State Brewing Company hopes to bring a new brewery and taproom to downtown Eagle, boisedev.com reported on May 31.
According to plans filed with the City of Eagle, crews would build the new building at 281 E. State St., on the site of a long-abandoned building. The large facility, nearly 4,000 square feet, would sit near Doug’s Burger Den and Sweet Valley Cookie Co.
Plans show seating for about 40 people inside, with extensive patio seating outside along State St. Large production, cooler and tank storage spaces are also planned. Parking for about 7 cars plus bike parking is also planned.
GSB Properties is developing the project – owned by Christopher McGinnis and Kristi Caron of Eagle, and Michele Acuna of Almhult, Sweeden.
|
|
USA, KY: Braxton Brewing Co. to open Fort Mitchell’s first barrel-aging brewery
|
Braxton Brewing Co., a Covington brewery with national recognition, has announced major development plans to expand its presence to Fort Mitchell, Kentucky with the opening of the area’s first barrel-aging brewery and taproom, Brewbound reported on June 1.
Expected to open its doors in fall of 2019, the Braxton Barrel House will offer a unique experience for patrons by giving them the opportunity to create custom private barrel picks of Barrel-Aged brews. The Braxton Barrel House is a prime way to celebrate Kentucky’s rich bourbon culture while continuing to create the unique experiences for which the brewing company is known.
With the establishment of the Braxton Barrel House, the brewery will further cement itself as a true innovator. The location of the brewery and taproom is truly a unique space. Once a Remke grocery store, the 2,000 square foot loading dock will be redeveloped with large glass garage doors and a spacious outdoor patio. Then, the 20,000 square foot warehouse under the main floor will house the Barrel-Age beer, while a taproom for guests will sit on top. Ranging from $500 to $5,000, custom private barrel picks can yield upwards of 300 bottles of barrel aged beer.
“We’ve always been focused on
...More info on site
|
|
USA, CA: Ish Brewing Co. eyeing fall opening in Clovis
|
After years of home brewing, two married couples have found a Clovis home for their dream to open a commercial brewery, The Business Journal reported on May 31.
Kevin and Kathy Draughon and Rodney and Jody Hayes will open Ish Brewing Co. this fall in time for Oktoberfest, said Kevin Draughon, co-owner.
The brewery will feature beers that “cover the gamut,” Draughon said. “Everything from West Coast IPAs to Scotch ales and everything in between.”
Everything at other breweries is so hoppy, he said, so he wants to take his brews “back to their roots.” They’ll have IPAs, but they’re only a part of the big spectrum. They’ll have European type ales, lagers and pilsners from “every country you can think of.”
Opening Ish has been a dream of Draughon’s. Formerly a sheriff sergeant with Fresno County, he has been brewing for more than 30 years. Biochemistry and biology degrees from Fresno State have certainly helped him in the beer making process.
“Beer is chemistry,” Draughon said. “When you’re trying to figure out why things are doing what they’re doing, it helps to have that kind of background.”
Co-owning the bar with Draughon and his wife is also Rodney and Jody Hayes. Rodney has a construction
...More info on site
|
|
Canada, AB: Fort McMurray’s Wood Buffalo Brewing Co. forced to close down
|
A Fort McMurray brewery closed its doors for the last time this weekend after a slump in the economy drove business down by more than 50 per cent, CBC.ca reported on June 2.
Wood Buffalo Brewing Co. first opened in 2013. At the time there was often a lineup outside, just to get through the doors. The brewery is owned by Bearhill Brewing Co., which has other breweries around the province.
One of Bearhill CEOs Brett Ireland said there were multiple factors leading to the shutdown, including a downturn in the economy and choices like not changing the menu.
"I think we maybe didn't do as good a job as we could have," said Ireland. "It's definitely an opportunity for us to take some lessons."
Ireland said they also noticed a drop in traffic because the majority of the population lives across the river from downtown in the Timberlea and Thickwood neighbourhoods. Those neighbourhoods have been developing restaurants and bars of their own, which can make it difficult to attract people downtown.
He said the company's other brewery locations in Jasper, Banff and Calgary are all doing well and haven't seen a similar downturn.
The Wood Buffalo Brewing Co. let the lease run out, and
...More info on site
|
|
USA, MN: 12welve Eyes Brewing shuts down its doors for good
|
Nearly two years after opening, Lowertown St. Paul’s 12welve Eyes Brewing has called it quits, shutting its doors for good as of June 1, 2019, The Growler reported on June 1.
12welve Eyes Brewing’s brewery and taproom was located in the basement of the Historic Pioneer Endicott building off of 4th Street East in downtown St. Paul. Like many of the breweries that have opened in Minnesota in the past two years, 12welve Eyes’ business model was primarily focused on its taproom experience, rather than distribution. Operating on a 5-barrel brewing system, they featured a regularly rotating lineup of beers in the taproom and limited off-sale distribution in Crowlers.
It’s unclear as to the reasons for the abrupt closure—The Growler could not reach the owners for comment. 12welve Eyes is the second brewery in downtown St. Paul to close in the past seven months, following longtime brewpub Great Waters Brewing’s closure in November of 2018. St. Paul still has three breweries in operation in Lowertown—Tin Whiskers, Birch’s Lowertown, and Barrel Theory—and several more just outside of downtown, including Bad Weather, Waldmann, Clutch, Vine Park, and Summit on West Seventh Street; Wabasha Brewing on St. Paul’s West Side; and Yoerg Brewing and Saint
...More info on site
|
|
Portugal: Beer consumption sees small increase last year
|
|
Beer consumption in Portugal last year amounted to 5.276 mln hl, or 0.5% more than the 5.251 mln consumed in 2017, Brewers of Portugal
...More info on site
|
|
Vietnam: Heineken and Sabeco draw new battle lines on Vietnam's beer market
|
|
In Vietnam, one of the world’s largest and fastest-growing beer markets, new battle lines are being drawn as Heineken NV and local industry leader
...More info on site
|
|
Asia: Pernod Ricard confident over growth prospects in Asia
|
Drinks group Pernod Ricard, which is being targeted by activist investor Elliot, on June 4 struck a confident note over its growth prospects in Asia, Euronews reported.
Pernod said it was “uniquely positioned” to quench a thirst for premium drinks from a fast-growing, affluent middle class.
Pernod, the world’s second-largest spirits group after Diageo, said growth would continue to be fuelled by strong demand for its Martell cognac and Chivas whisky in China, and for its Seagram’s whiskies in India.
The group said it was also banking on a reorganisation of its business in Korea and a diversification of its brands, sales channels and markets to drive its future growth.
Digital acceleration and the launch of Seagram’s whiskies in Vietnam, the Philippines, and Myanmar would also help it win over clients from the sector tagged as new ‘Middle Income and Affluent Consumers’ (MAC), said Pernod.
The French company added that its aim in China was to double the size of the imported spirits market to 2% by 2025.
Pernod is under pressure from U.S. hedge fund Elliott to improve profit margins and corporate governance.
In February, Pernod vowed to lift its margins and shareholder returns under a three-year strategic plan that Elliott described as a first, small
...More info on site
|
|
South Korea: Beer tax system to be altered for the first time in half a century
|
South Korea on June 5 decided to alter the tax system on beer for the first time in half a century in a move to address imbalances in taxes between imported and domestic beer, the Korea Times reported citing the finance ministry.
The change - the first since 1968 - calls for a tax system based on amount rather than an ad valorem, a charge levied on prices of beer, according to the Ministry of Economy and Finance.
Currently, South Korea imposes a 72-percent liquor tax on beer. But the tax base for domestic beer includes manufacturing costs, profit as well as selling, general and administrative expenses.
In contrast, for imported beer, the tax base is only import prices, which do not include any other costs.
In 2018, the average liquor tax for domestic beer was estimated at 848 won (US$0.70) for a litre while that of imported beer is believed to be 709 won.
The imbalances have led to an increased share of imported beers in South Korea in recent years. Imported beers are estimated to have accounted for 20.2 percent in the local beer market in 2018, up from 8.5 percent in 2015.
Under the change, South Korea will uniformly levy 830.3 won in
...More info on site
|
|
Brazil: Ambev signs USD36.3 mln deal to build solar plants in Brazil
|
Ambev SA said on June 5 it has signed contracts with four partners to build solar plants in Brazil that will supply clean energy to all of the brewing company's 94 distribution centres in the country by the end of March 2020, Yahoo Finance reported.
The move is part of a global effort by parent company Anheuser Busch InBev to have all of its operations run by renewable energy sources by 2025, and follows previous sustainability initiatives.
Ambev, Latin America's largest brewer, in August said it had agreed to add 1,600 Volkswagen electric trucks to its logistics operators' fleet in Brazil by 2023.
As part of the latest deal, known as "distributed generation," Ambev will pay 140 million reais ($36.30 million) over 10 years to all four partners, which themselves will spend 50 million reais ($12.96 million) to build the 31 facilities.
"The contract works almost as a leasing, and by the end of the 10-year period all the solar plants will be ours," Leonardo Coelho, Ambev's sustainability and supply chain director, said in an interview.
He added the project comprises over 50,000 solar panels, which together will generate 2,600 megawatt hours (MWh) per month, saving 2,900 tons of carbon dioxide annually. Some of the
...More info on site
|
|
South Korea: Lotte Liquor announces prices hike
|
Liquor prices are continuing to increase across South Korea, the latest being those from Lotte Liquor, industry sources said on June 1.
Starting this month, prices of liquor from Lotte Chilsung Beverage’s distiller unit will increase by up to 10 percent.
Soju brand Chum-Churum, Chungha rice wine and Kloud beer are among the tipples to see a change in price, Lotte Liquor said.
The company explained that while they tried to reduce consumer burden by maintaining the price, an eventual increase was inevitable as costs of subsidiary materials, logistics and labor increased.
A bottle of Chum-Churum at a convenience store will go from 1,660 won to 1,800 won ($1.50), 300 millilitres of Chungha rice wine from 2,300 won to 2,500 won and a 1.6-liter bottle of Kloud will now cost 7,400 won, a 10.4 percent increase.
Lotte Liquor is not the only local distillery or brewery bumping up the price.
Last month, Hite Jinro hiked the price of soju brand Chamisul, and rival Oriental Brewery showed a similar pattern for its Cass, OB Premier and Cafri beer brands.
Meanwhile, Lotte Confectionary also increased the price for four of its popular snacks - Butter Coconut, Veggie Crackers, Zec, and Lotte Sand - starting this month.
|
|
EU: Brewers preparing for tougher environmental legislation
|
European brewers expect they will need to tell more demanding drinkers as much about the environmental impact of a beer as its taste in the next decade as Europe enforces pollution laws, CNBC reported on June 3.
The European Union has brought in waste management laws and banned single-use plastics in the last 12 months, as well as setting limits on carbon emissions from trucks, while Green parties gained in last month’s European Parliament election.
“The changing political landscape is forcing us to think there will be a stronger push for topics like climate change,” Heineken Chief Executive Jean-Francois van Boxmeer told the Brewers of Europe Forum in Antwerp on June 3.
Brewers at the gathering of some 1,000 beer specialists in the Belgian city said they would need to innovate to meet these new demands and the targets they have set for themselves.
“The biggest thing for us now as a new challenge is how do we make it sustainable,” Carlsberg Chief Executive Cees ’t Hart said. The Danish brewer has set itself green objectives which include cutting carbon emissions from its breweries to zero and water usage by half by 2030, with intermediate targets for 2022.
“We know how to reduce further. What
...More info on site
|
|
Vietnam: Parliament rejects ban on overnight alcohol sale
|
Vietnam’s parliament has rejected a curfew on the sale of alcoholic drinks proposed by the Ministry of Health, VnExpress International reported on June 4.
The health ministry proposed in a bill aiming to reduce alcohol consumption that Vietnam bans the sale of all alcohol drinks from 10 p.m. to 8 a.m. every day.
But only 224 or 46.3 percent of deputies at the National Assembly, the nation's main legislative body, agreed with the proposal on June 3. The approval of more than half the deputies is needed for a bill or provision to be passed.
The legislators also voted down another provision in the bill.
Only 44 percent of them said yes to banning those found with alcohol content in their blood or breath from driving on the streets.
With a 73 percent vote, they have the nod to a proposed time frame for advertising liquor on television and radio. The proposed provision would ban advertisements of alcoholic drinks from 6 p.m. to 9 p.m. and right before, during and right after programs for children.
The draft law on the prevention of dangers of alcoholic drinks will be voted on at the end of the ongoing National Assembly session on June 14.
It initially contained several prohibitions
...More info on site
|
|
Japan: Rugby World Cup expected to boost Heineken sales
|
The company that makes and distributes Heineken beer in Japan said on June 4 it is eyeing a year-on-year sales rise of about 70 percent between September and November, when the country will be hosting the Rugby World Cup, The Japan Times reported.
Heineken Kirin K.K., an affiliate of Kirin Holdings Co., expects demand for beer to surge due to the many rugby fans who are due to visit from overseas to watch the tournament. Heineken is the official beer sponsor of the Rugby World Cup.
Rugby World Cup organizers say rugby and beer are “perfect together” as beer consumption tends to be higher than for other sporting events.
Kirin Brewery Co. plans to raise Heineken beer production in September by some 80 percent from a year earlier.
“We’ll try not to run out of stock no matter what,” the firm said.
Dutch brewer Heineken NV has the sponsorship rights to the Rugby World Cup, which is to be held in cities nationwide from Sept. 20 to Nov. 2.
|
|
Cameroon: Brewers fear losses and further price hike, following Beer Labeling Program launch
|
The Cameroonian government is launching in the coming months a program to label beers and soft drinks. This consists of affixing a sticker to each drink bottle, the Business in Cameroon reported on June 4.
Sources said the program should extend to cigarettes and drugs, which are among the products most exposed to smuggling. In a letter sent in early May 2019 to brewing companies, the Ministry of Finance announced the government's decision to continue this program, despite producers’ opposition.
The reform is expected to increase tax revenues by ensuring traceability and control of products most exposed to illegal trade. It will also make it possible to provide brewers with solutions that enable them to protect and authenticate their production.
Despite these advantages evoked by the government, brewers are reluctant. “Aware of the challenges of food safety and public health, Cameroonian brewing companies have set themselves quality and control standards in terms of food safety, which have forced them in recent years to acquire an automated control and traceability system based on advanced technology,” explained an executive of a brewing company.
The latter said the government decision means that brewers will have to “abandon the marking and traceability system on which each of them
...More info on site
|
|
Register a new user (free of charge).
Top
Top News