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E-Malt.com Newsletter 42a
October 14 - October 16, 2019
Quote of the Week
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Currency Rates
Base Currency: US Dollar
on October 16, 2019 |
Base Currency: Canadian Dollar
on October 16, 2019 |
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1 USD = 0.9070 EUR
1 USD = 0.7882 GBP
1 USD = 1.3218 CAD
1 USD = 1.4786 AUD
1 USD = 108.5300 JPY
1 USD = 4.1397 BRL
1 USD = 64.2874 RUB
1 USD = 7.0761 CNY
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1 CAD = 0.7565 USD
1 CAD = 0.5962 GBP
1 CAD = 0.6861 EUR
1 CAD = 1.1185 AUD
1 CAD = 82.1000 JPY
1 CAD = 3.1315 BRL
1 CAD = 48.6305 RUB
1 CAD = 5.3527 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, VA: Barking Rose Brewing Co. and Farm to hold grand opening during week-end of October 18
...Click here
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USA, NM: Lauter Haus Brewing Company hopes to launch in Farmington by end of October
...Click here
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Canada, BC: Tinhouse Brewing becomes Port Coquitlam’s third brewery
...Click here
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USA, TX: Soul Fire Brewing Co. to host grand opening on October 19
...Click here
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Canada, NS: Sea Level Brewing opens Nova Scotia’s first farm-based estate brewery
...Click here
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USA, PA: Newtown Brewing Company sets opening date on October 18
...Click here
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USA, FL: Couple launches Malted Barley brewpub in Juno Beach
...Click here
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USA, MN: Inver Grove Brewing Company already open in Inver Grove Heights
...Click here
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USA, MA: Hitchcock Brewing Company moves to larger facility in Bernardston
...Click here
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Canada, BC: Forbidden Brewing announces closure after four years of business
...Click here
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USA, WI: St. Francis Brewery appears to be closed for good
...Click here
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Malaysia: Shares in Heineken Malaysia, Carlsberg Brewery Malaysia rise on unchanged excise duties in new budget
...Click here
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World: Barley trade forecast up on higher supplies in the EU
...Click here
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Australia: Carlton & United Breweries to establish boutique brewery in Victoria's Yarra Valley
...Click here
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India: Craft beer sector starts brewing on larger scale thanks to rising demand
...Click here
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Malaysia: Heineken Malaysia commends Government for maintaining beer excise duties unchanged
...Click here
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Australia: Grain prices continue to chop around amid declining prospects for winter crop
...Click here
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Ireland & UK: Guinness loses some market share in home market, enjoys higher demand in the UK
...Click here
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UK: AB InBev launches Corona in draught format across UK pubs and bars
...Click here
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World: Heineken Global Duty Free achieves double-digit sales volume increase this year
...Click here
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Malaysia: Carlsberg Brewery Malaysia appoints new managing director
...Click here
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Graph of the Week
Table of the Week
France Barley Supply & Distribution
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
14 October
1773 - The first recorded Ministry of Education, the Commission of National Education, is formed in the Polish-Lithuanian Commonwealth
1888 - Louis Le Prince films first motion picture: Roundhay Garden Scene
15 October
1878 - Edison Electric Light Company incorporated
1908 - John Kenneth Galbraith is born, economist, Affluent Society-58 Hillman Award
1993 - Amstel brewery on Curacao produces 1,000,000,000th bottle
16 October
1922 - Disney Co founded
1923 - John Harwood patents self-winding watch (Switzerland)
1985 - Intel introduces 32-bit 80386 microcomputer chip
Agenda
October 2019:
24 - 26: Warsaw Beer Festival 2019 (Warsaw, Poland)
29 - 13 November: World Beer Cup 2020 (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)
January 2020:
31 - 01 February: Braukunst Live! 2020 (Munich, Germany)
February 2020:
04 - 08: Great British Beer Festival Winter 2020 (Norwich, UK)
07 - 10: HoReCa 2020 (Athens, Greece)
07 - 09: Finest Spirits 2020 (Munich, Germany)
15 - 18: Beer Attraction 2020 (Rimini, Italy)
24 - 26: Beviale Moscow 2020 (Moscow, Russia)
March 2020:
09 - 11: 107th Brewing and Engineering Congress 2020 (Rust, Germany)
11 - 12: BeerX 2020 (Liverpool, UK)
April 2020:
19 - 22: Craft Brewers Conference & BrewExpo America 2020 (San Antonio, Texas, USA)
25 - 26: Zythos Beer Festival 2020 (Leuven, Belgium)
May 2020:
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
13 - 15: Craft Beer China 2020 (Shanghai, China)
19 - 21: Beer 2020 (Sochi, Russia)
21 - 24: Mondial de la Biere 2020 (Montreal, Canada)
June 2020:
03 - 04: The Brewers of Europe Forum 2020 (Antwerp, Belgium)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
News Articles
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USA, VA: Barking Rose Brewing Co. and Farm to hold grand opening during week-end of October 18
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The veteran aerospace engineer wanted a new career, Fauquier Now reported on October 8.
As Matt Rose took on more administrative duties, he did a lot less hands-on work for clients of Booz Allen Hamilton, the large McLean-based management and information technology consulting firm.
That started to get old.
“I don’t have a degree in aerospace to do admin,” explained Mr. Rose, who earned a bachelor’s in the discipline from Virginia Tech in 2005. “I did it because I love outer space. What’s the point of working at NASA if you don’t actually get to do more and more outer space stuff? I just got frustrated with less and less playing with satellites.”
So in 2012, he opened Forge Brew Works near Lorton in Fairfax County. A year later, he left Booz Allen to operate the brewery full-time.
For lifestyle and business model reasons, Mr. Rose in the summer renamed and moved the brewery to 11 acres off Old Culpeper Road just south of Warrenton. He and his wife Ashley, a Fairfax County Police Department lieutenant, paid $200,000 for the undeveloped, wooded site.
Barking Rose Brewing Co. and Farm on Sept. 24 had a “soft opening” that drew about 25 people, he said.
“We did the soft
...More info on site
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USA, NM: Lauter Haus Brewing Company hopes to launch in Farmington by end of October
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As a first-time business owner, Brandon Beard knows that opening his inaugural venture is a once-in-a-lifetime deal. That's why he's so determined to get it right, the Farmington Daily Times reported on October 9.
With that thought in mind, Beard won't throw open the doors at the Lauter Haus Brewing Company at 1806 E. 20th St. until he is confident he's got the operation ready to hum. As he and his construction crew complete the build-out this week — most notably, a 26-foot bar that has been framed but not topped — Beard finds himself interrupted several times a day by people walking through the doors or calling on the phone, asking when the brewery will start welcoming customers.
Everyone gets the same answer — by the end of October. If you try to pin him down beyond that, Beard won't take the bait.
"We're close — we're really, really close," Beard said smiling while leading a visitor on a tour of the business on Oct. 8 and explaining that he plans to start training his staff of 10 employees on Oct. 14.
"We want to make sure it's done right the first time," he said, adding that he still expects some flaws in
...More info on site
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Canada, BC: Tinhouse Brewing becomes Port Coquitlam’s third brewery
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The third brewery in the suburban B.C. city of Port Coquitlam has announced that it is now open for business, the Canadian Beer News reported on October 7.
Tinhouse Brewing has been founded by Andrea MacIntosh, Phil Smith, Mark Birney, and David Fletcher in an 8,000-square-foot facility near a pedestrian and cyclist trail along the Pitt River. Head brewer Tim Rennie is also part of the team, and in addition to developing and brewing Tinhouse brands, he will be releasing select beers under his own Good Buddy Brewing label.
The Tinhouse taproom and retail store is now officially open with a line-up that includes Big Daddy Session IPA (4.8% abv, 33 IBU), Swingbridge Porter (6.5% abv, 45 IBU), Oxford, IPA (6.5% abv, 65 IBU), Carter Hales Design Lab Hazy IPA (5.5% abv, 65 IBU), Run of the Mill Peppercorn Saison (7% abv, 30 IBU), and Handyman Pale Ale (6.5% abv, 50 IBU).
Tinhouse Brewing is located at 2140-550 Sherling Place in Port Coquitlam, and is open at 12:00 noon daily, closing at 8:00 PM on Sunday to Wednesday, 9:00 on Thursday, and 10:00 PM on Friday and Saturday.
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USA, TX: Soul Fire Brewing Co. to host grand opening on October 19
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Soul Fire Brewing Co. had its soft opening in late September and will host a grand opening Oct. 19, the Community Impact Newspaper reported on October 7.
The brewery features craft beer, such as lagers, stouts and India pale ales. It also has a selection from other vendors.
The venue includes a patio, a taproom, a beer garden, and an indoor stage for live music and events. Guests can visit the brewery at 206 N. Oak St., Ste. 180, Roanoke.
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Canada, NS: Sea Level Brewing opens Nova Scotia’s first farm-based estate brewery
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Sea Level Brewing has announced the opening of Nova Scotia’s first farm-based estate brewery near Sheffield Mills, a farming community approximately 10 km northwest of the brewery’s original location in Port Williams, the Canadian Beer News reported on October 7.
Millstone Harvest Brewhouse has been in the works since late last year, and features a 20-barrel brewhouse, taproom, and retail store, as well as 22 acres of farmland growing barley and hops to be used in the beers brewed on-site.
Millstone Harvest Brewhouse is located at 9146 Hwy 221, and had a soft opening last week, with an official grand opening to follow later this month. The original Sea Level facility in Port Williams will also remain open as a pilot brewery and retail store.
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USA, PA: Newtown Brewing Company sets opening date on October 18
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Newtown Brewing Company will be open to the public on Friday, October 18th at 5pm, according to The Patch. Just in time for Happy Hour, 94.5 PST reported.
The new space (next to Sir Speedy) will be half taproom and half brewing & manufacturing. There will be some snacks available for purchase, but, you can also BYOF (bring your own food).
The taproom hours will be Wednesday and Thursday, 4pm to 10pm. Friday, 3pm to 11pm. Saturday, Noon to 11pm, and Sunday, Noon to 9pm.
The owner, Gregg Bonstein, told The Patch he "anticipates having 10 beers on tap, with a rotating schedule of lagers, IPAs, Belgians, wheat beers, stouts, pale ales, and some fun, experimental stuff."
If you don't care for beer, you can still go and have fun with your beer-lovin' friends. They'll have cider, wines and spirits. Crossing Vineyards and Winery in Washington Crossing will be serving local wine.
Stop by for the festivities all opening weekend long, including two live bands on Saturday, October 19th.
Newtown Brewing Company is located at 103 Penns Trail.
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USA, FL: Couple launches Malted Barley brewpub in Juno Beach
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It was a spring break vacation for a Jupiter couple that led to the newest brewpub in Juno Beach, Malted Barley, the Key West Florida Weekly reported on October 3.
Susan and Don Kehl were visiting Westerly, Rhode Island, and happened upon the original Malted Barley. Its sister restaurant is nearby in Providence.
Susan Kehl said her husband had a passion for craft beer, even starting a club for like-minded craft beer aficianados. They immediately felt at home in the place that served local craft beers and big, soft pretzels, along with some bar foods. It was a convivial atmosphere, she said.
“We were sitting at the bar saying we should open something like this in Jupiter,” she said.
The bartender overheard them and told them they were in the right place at the right time: The owner was just now thinking of franchising. He put the two together, and the plan took off from there.
It’s been a three-year project, from working with the franchisor, to finding a location and dealing with the city to build it out.
Asked if they had previous restaurant or bar experience, she said, “None whatsoever. But we do now.”
She is in marketing and public relations, and Mr. Kehl is
...More info on site
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USA, MN: Inver Grove Brewing Company already open in Inver Grove Heights
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A brewpub isn’t just a brewery with a restaurant or restaurant with a brewery. It’s an agent of change, according to Megan Seiler and Glen Bruestle of Inver Grove Brewing Company, which opened on September 21, The Growler reported on October 3.
Bruestle and his wife Kate and Seiler and her husband Don, who own the brewpub with head brewer Taylor Quill, hold up Lakeville Brewing Company, which the group opened in 2016, as proof of how a brewpub can help revitalize a community.
“When we opened this location [in Lakeville], there weren’t a ton of other dining options, and there was this little downtown area with a lot of empty storefronts,” Seiler says. “And now most of the storefronts are full. […] There are two other restaurants, there are some other shops, there’s an escape room, and all sorts of things. So we’re hoping for that same sort of thing in Inver Grove.”
While this new location allows them to gain customers in a new area, it is not a carbon copy of Lakeville. In addition to new beers unique to Inver Grove, the brewpub features an almost entirely different food menu, which includes Reuben nachos, street tacos, and Neapolitan-style pizzas.
“We bought
...More info on site
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USA, MA: Hitchcock Brewing Company moves to larger facility in Bernardston
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After working for 30 years in their respective professions, husband and wife Rich and Geneva Pedersen retired from their careers in the information technology and medical fields to follow their dreams, opening Hitchcock Brewing Company, The Recorder reported on October 3.
The brewery, which opened in May 2016, was the culmination of a vision the pair had shared for years.
“We had a desire to do something different, something we really loved,” Rich Pedersen said.
Having spent its first few years in Whately, Hitchcock Brewing Company has now moved to Bernardston, operating out of Kringle Candle. It held a grand re-opening on Saturday, October 5.
“The main purpose for moving was that (in Whately) we just had a tasting room,” Rich Pedersen said. “Here, we have a full taproom so you can sit and have a pint.”
Named after ancient glacial Lake Hitchcock, Hitchcock Brewing Company started as a 10-barrel farm brewery in Whately. The brewery was originally located at their home property, nestled amidst views of Mount Sugarloaf, their hop yard, historic tobacco barns and acres of active farmland.
A home brewer for decades, Rich Pedersen combined what he had learned through the years with Geneva Pedersen’s love of gardening to make a new career
...More info on site
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Canada, BC: Forbidden Brewing announces closure after four years of business
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The owners of Comox Valley nano-brewery Forbidden Brewing have announced its closure after just over four years of business, the Canadian Beer News reported on October 4.
Launched in July 2015 by a group of partners including Michael Vincent, Aaron Bible, Nicholas Williams, Natasha Richardson, and Sarah Neufeld, Forbidden was located in the The Westerly Hotel in Courtenay.
While it was popular in the community, the brewery had been in an extended dispute with landlord Synergy Properties Ltd. since its purchase of the hotel in 2017, and was briefly locked out in early 2018 over disputed claims of unpaid rent and other issues.
According to a Facebook post announcing the closure, the terms of the lease that Forbidden signed with the original landlord and which is still in effect would have allowed the brewery to extend its tenancy for another 3 years as of October 1st, but the partners instead decided to close down the business.
It’s not known at this time if the partners intend to look for a new location, of what plans The Westerly Hotel has for the vacated space.
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USA, WI: St. Francis Brewery appears to be closed for good
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St. Francis Brewery, the first craft brewery and taproom to open in southern Milwaukee County, appears to be closed for good, the Milwaukee Journal Sentinel reported on October 7.
A sign on the door at the brewery and restaurant, 3825 S. Kinnickinnic Ave. in St. Francis, said it was closed and thanked customers for 10 years.
The brewery's telephone recording hasn't been changed to indicate it's closed, however. Brewery representatives couldn't be reached immediately for comment.
The restaurant and taproom drew crowds when Rick Michalski and his business partners opened it in April 2009 during the recession, in a 7,200-square-foot building.
More information will be reported as it becomes available.
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Malaysia: Shares in Heineken Malaysia, Carlsberg Brewery Malaysia rise on unchanged excise duties in new budget
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Shares in Heineken Malaysia Bhd and Carlsberg Brewery Malaysia Bhd rose at the midday break on October 14 after Malaysian brewers were spared excise duties on beer, The Edge Markets MY reported.
At 12.30pm, Heineken Malaysia gained 1.24% or 30 sen to RM24.54 while Carlsberg added 0.8% or 22 sen to RM27.60.
Last Friday (Oct 11), Heineken Malaysia commended the government for maintaining the excise duties on beer as well as the sales and services tax.
"We commend the government for this measured approach and not increasing the excise duties further but continue to demonstrate its commitment towards creating a progressive and more prosperous Malaysia for all," Heineken Malaysia managing director Roland Bala said in a statement following the Budget 2020 announcement.
Bala pointed out that the excise on beer in Malaysia is already among the highest in the world, resulting in a big gap between duty paid and duty not paid beers and stouts.
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World: Barley trade forecast up on higher supplies in the EU
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World barley trade forecast for 2019/20 is set at 28.208 mln tonnes this month versus the September forecast of 28.108 mln tonnes, USDA reports.
Trade
...More info on site
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Croatia: Craft beer on the rise in Croatia
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The rise of craft beer in Croatia is a revolution and breweries such as Bura Brew, The Garden Brewery and Pivovara Medvedgrad are thriving as they lift the nation’s beer standard to world-class, The CEO Magazine reported on October 13.
Over the past five years, Croatia’s craft beer sector has boomed. The market has gone from a handful of names to more than 60 craft breweries across the country – all aiming to raise the image and value of the beer sector. “It’s a revolution,” says Alessandro Zecchinati, co-owner of Bura Brew, named after the famous strong wind that sweeps the Adriatic Sea. “People are fed up with flat-tasting beer and bad quality food.”
Croatia’s beer sector, although more than 90% of all beer sold in Croatia is produced domestically, is dominated by the big six, which includes Ožujsko and Karlovačko. More than 90% of revenue is shared among the leading players. However, change is in motion.
Pioneering microbrewers – wanting to add a twist to the national beer culture they love – are gaining momentum and popularity. The craft beer movement started between 2013 and 2014 in Croatia.
Considering how young it is, it has a good slice of the market. “However, this
...More info on site
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Australia: Carlton & United Breweries to establish boutique brewery in Victoria's Yarra Valley
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Beer giant Carlton & United Breweries is tapping into drinkers' growing taste for craft beer, striking a deal with one of the founding fathers of Australia's craft brewing industry, Phil Sexton, to establish a boutique brewery in Victoria's Yarra Valley, The Sydney Morning Herald reported on October 14.
The move is the latest acknowledgement from major breweries that consumers are increasingly turning to craft beers, a segment that has grown strongly at the expense of mainstream beers.
Mr Sexton, who will convert his Giant Steps winery in Healesville into a brewery, told The Age the new outfit was expected to make its first beer in November and pull its first beers to customers in a pub attached to the brewery in December.
The new brewery will make beers under the Matilda Bay label, including well-known names like Redback and Dogbolter. It will also develop a new range of Matilda Bay beers.
Mr Sexton was a joint founder of the Matilda Bay brewery in the early 1980s and a joint founder of Little Creatures brewery, both of which were established in Fremantle in Western Australia. CUB fully acquired Matilda Bay in 1990.
Giant Steps opened its doors to customers in Healesville about 15 years ago and
...More info on site
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India: Craft beer sector starts brewing on larger scale thanks to rising demand
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The growing popularity of craft beer in India is encouraging some craft brewers to brew on a larger scale to reach out to a wider public. Many till now tended to restrict themselves to on-premise manufacturing, the Times of India reported on October 12.
Brewers such as Arbor Brewing in Bengaluru, Goa Brewing in the namesake state, and White Rhino in Delhi NCR have started beefing up their presence with retailers. Some microbreweries, including Toit and Windmills, are in the process of setting up their own manufacturing facilities.
A craft brewery or a microbrewery is one that produces much smaller amounts than large-scale corporate breweries. They are independently owned, and they tend to emphasise quality, flavour and brewing technique. "Craft beer can be bottled or canned, as in Europe and the US. Packaging gives us the opportunity to provide within a state, as also other states," Asthavinayak Paradh, co-founder of Goa Brewing, says.
Goa Brewing has a facility where it has a brew-house of 3,000 hectolitres (3 lakh litres) and a fermentation tank of 6,000 hectolitres through which it caters to Goa. It plans to make its products available in Karnataka and Mumbai in the next few months.
While India is essentially
...More info on site
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Malaysia: Heineken Malaysia commends Government for maintaining beer excise duties unchanged
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Heineken Malaysia Bhd has commended the Government for maintaining the excise duties on beer as well as the Sales and Services Tax (SST), The Edge Markets MY reported on October 11.
"We commend the Government for this measured approach and not increasing the excise duties further but continue to demonstrate its commitment towards creating a progressive and more prosperous Malaysia for all," Heineken Malaysia managing director Roland Bala said in a statement following the Budget 2020 announcement on October 11.
Bala pointed out that the excise on beer in Malaysia is already among the highest in the world, resulting in a big gap between duty paid and duty not paid beers and stouts.
"This wide gap has led the influx of illicit trade to thrive over the years," he said.
"We thank the Government and the Royal Malaysian Customs Department for their on-going efforts in addressing the illicit alcohol issue as this represents revenue leakages to both Government and industry," Bala added.
Shares of Heineken Malaysia closed up 18 sen or 0.75% at RM24.24 on October 11, for a market capitalisation of RM7.323 billion.
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Australia: Grain prices continue to chop around amid declining prospects for winter crop
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Northern Australia’s grain markets continue to chop around in a tussle of tight nearby supplies and hopes for an easing in prices once harvest activity picks up in south eastern Australia and Western Australia, the Queensland Country Life reported on October 14.
Darling Downs prices have been holding in a A$420 to A$440 range for stockfeed wheat for the past three weeks. Buyers have been lifting bids to the higher end of the range when they need to secure some coverage and then edging lower afterwards. Barley prices fell A$15 to A$20 late last week to A$405 to A$410 on trader selling ahead of the Western Australia’s harvest.
Prospects for Australia's 2019 winter crop harvest continue to decline. Some private estimates have the national wheat crop slipping below 16 million tonnes and the barley harvest falling below 8 mln tonnes. Last week the USDA lowered its forecast for Australia's wheat crop by a further 1 mln tonnes to 18 mln tonnes while leaving barley unchanged at 8.6 mln tonnes.
If the lowball forecasts are realised, it would be Australia's smallest winter crop since the 2007 drought when the national wheat crop was just 13.6 mln tonnes.
However, Australia's shrinking crop size may not mean
...More info on site
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Ireland & UK: Guinness loses some market share in home market, enjoys higher demand in the UK
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Guinness parent Diageo is concerned at falling sales of the iconic stout in its home market, The Times reported on October 13.
John Kennedy, Diageo president for Europe, Turkey and India, recently told analysts that Guinness had lost some share in Irish pub sales. “So we’re doing a lot of work about how to turn that around,” he said.
The performance in Ireland contrasts with sales in Britain, whose more high-profile drinkers include the Duchess of Cambridge. Draft Guinness grew 5% in Britain last year, which was described as “a super performance in a market that’s flat to declining in the on-trade [pub trade]”.
Kennedy cited the sponsorship of the Six Nations rugby as a factor in growing UK stout sales.
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UK: AB InBev launches Corona in draught format across UK pubs and bars
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AB InBev’s Budweiser Brewing Group UK & Ireland subsidiary has announced that its Mexican beer brand Corona will be available in draught format across pubs and bars in the UK, from October 2019, FoodBev.com reported.
The launch of the ‘new, desirable’ draught format follows the success of its 25-venue trial and Budweiser Brewing Group believes it will help increase both volume and value sales for customers.
In attempt to differentiate itself from competitors, the beer tower features a metal and wood construct with a glass viewing pane that shows a lightly effervescing liquid to highlight Corona’s apparent refreshing nature.
Aligned to the brand’s efforts to address marine plastic pollution, the new font tower is plastic-free. This follows Corona’s move to plastic-free six-pack rings last November.
Attached to the side of the tower is a lime holder, to continue the lime ritual which is integral to the Corona serve. The beer will be available as a pint or half-pint, served with a lime segment on the edge of the newly designed glass that is modelled on the bottle.
Rory McLellan, trade sales director at Budweiser Brewing Group, said: “Corona draught is the perfect addition to a venue’s offering – it meets consumer demand for premium experiences,
...More info on site
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World: Heineken Global Duty Free achieves double-digit sales volume increase this year
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Heineken Global Duty Free has reported a double-digit year-on-year sales volume increase in its overall duty free business for 2019, The Moodie Davitt Report said on October 11.
Growth was driven by increased distribution for the company’s portfolio of more than 250 brands in cruise, ferries and inflight.
“The growing consumer trend to drink better continues to open up increased revenue opportunities driven by the demand for premium brands such as those in the Heineken portfolio,” said Global Duty Free Trade & Category Manager Kateryna Vasylchenko.
“There is also notable growth in the demand for low/no alcohol options and this has delivered +73% sales volume growth for Heineken 0.0 [2019 compared to 2018]. Beer and cider consumers are strongly loyal to their favourite brand, however on vacation they are open to trying out new variants. Heineken Global Duty Free offers solutions for this discovery mindset with the rich diversity of its portfolio in beer and cider beverages, with many strong, regionally relevant brands.”
In the inflight channel, Heineken said it now had 38% market share across its portfolio. Double-digit growth was driven in part by listing wins in all regions, including easyJet (in co-operation with Gate Retail), Emirates, Xiamen Airlines, China Southern and Hainan
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Malaysia: Carlsberg Brewery Malaysia appoints new managing director
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Carlsberg Brewery Malaysia Bhd has appointed Stefano Clini as its new managing director effective October 26, 2019, The Sun Daily reported on October 14.
Steafano, an Italian aged 53, will succeed outgoing managing director Ted Akiskalos in managing the group’s operations in Malaysia and Singapore as well as representing the group in Lion Brewery (Ceylon) PLC, Sri Lanka as a board member.
Clini is currently Carlsberg Vietnam Breweries Ltd managing director since September 2017.
“Under his leadership, Carlsberg Vietnam has had a successful turnaround with record growth in both top and bottom line,” said Carlsberg Malaysia in a filing with the stock exchange.
Prior to joining Carlsberg Vietnam, Clini was British American Tobacco Malaysia managing director responsible for the Malaysia and Singapore operations from 2013 to 2016.
He has 30 years of experiences in the global consumer goods industry and had held various senior leadership and commercial roles within the H.J. Heinz in Italy from 2005 to 2013 and the Procter and Gamble (P&G) in Italy, Belgium, Switzerland and Turkey from 1990 to 2005.
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