Tsingtao to open new brewery in Jieyang

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Tsingtao Brewery Company Limited, China’s largest and the world’s sixth-largest brewer, is building another new plant in China, this time in Jieyang city, Guangdong province, Chinese newspapers reported on Monday. The company and and Guangdong Jieyang City signed an investment agreement on June, 24. (more…)

SABMiller to enter speciality beer market

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Global brewing giant SABMiller PLC /quotes/zigman/309144 SBMRY +3.38% said Thursday it will enter the high growth market of specialty beers, where its main competitors Belgian Anheuser-Busch InBev NV (ABI.BT) and Dutch Heineken NV (HEIA.AE) are already active, with a distribution agreement with the Belgian Van Steenberge Brewery. (more…)