Pivnoe Delo
abbey-beer-icon

pivnoe-delo_logo5

Top articles

Journals

4-2017

Global hop market

A local alternative to mass beer suggested by independent brewers has been successful and is now altering the global market. Beer is becoming more diversified, so transnational companies have to accept the new game rules and to switch focus to young and fast growing markets. All these processes increased the demand for aroma and bitter hop as well as their acreage expansion on two continents. However now there appeared a downward trend of alcohol consumption in the world, so even special sorts can soon turn to be sufficient. In this connection the dynamic American hop market is already facing some problems. EU hop producers have become more cautious, they are not racing to exceed the demand and look forward with more confidence, judging by the contract terms. 

Hop Market in Russia

Germany still dominates the Russian market, yet over the recent two years one has been able observe a continuous success of Czech hop suppliers. Their expansion and growing popularity of hops from the United States became the drivers of supplies growth in 2016 despite the preceding modest harvest crop in the EU, as well as the factor of relative stability in 2017. In this connection, in 2017, the ratio of the varieties continued to shift towards the aroma ones, and the supplies of Magnum hop and other alpha varieties were reduced. However, the import of bitter hop pellets is partially replaced by extracts, especially from the major beer manufacturers. Total volumes of alpha acid supplies, according to our estimation, decreased by approximately 5% and returned to the level of 2015. Barth Haas Group continues dominating the hop products market; HVG also increased its weight. At the same time, Morris Hanbury significantly reduced the supplies in 2017.

Foster’s demerger of Treasury Wine Estates approved by shareholders

Foster’s Group Limited announced that Foster’s shareholders approved the demerger of Treasury Wine Estates Limited on Friday. Foster’s will now seek orders from the Supreme Court of Victoria for approval of the scheme of arrangement to effect the demerger at a hearing scheduled for Wednesday, 4 May 2011.

If the Supreme Court of Victoria approves the Scheme, Foster’s proposes to lodge the orders of the Court with the Australian Securities and Investments Commission on 9 May 2011 and the Scheme will become effective on that date.

If this occurs, Treasury Wine Estates Limited is expected to commence trading on the Australian Securities Exchange on Tuesday, 10 May 2011 under the ASX code “TWE”. Treasury Wine Estates Limited shares will initially trade on a deferred settlement basis. The Demerger is expected to be implemented on Friday, 20 May 2011.

Other key dates for implementing the Demerger are set out in the Demerger Booklet sent to shareholders.

Shareholders who want to participate in the sale facility referred to in the Demerger Booklet must return their sale facility forms by 5.00pm on Friday, 13 May 2011 (Melbourne time). Only shareholders with a registered address in Australia or New Zealand who individually hold 1,000 Foster’s Shares or fewer as at the Record Date (being, Monday, 16 May 2011) may elect to participate in the sale facility.

Foster’s has established the Foster’s Shareholder Information Line to answer questions shareholders may have in relation to the Demerger.

4 мая. 2011

Advertising

pilsena_en
gea
sidel100x100
jg
portinox

Main topics

Exact matches only
Search in title
Search in content
Search in comments
Search in excerpt
Search in posts
Search in pages
Search in groups
Search in users
Search in forums
Filter by Custom Post Type
Filter by Categories
Home
Magazines
News
×