US. Consumers Swig More Soft Drinks Than Water; Beer Comes in Third Place
With the weather heating up and summer in full swing, Americans will be slaking their thirst with a variety of fizzy, sweet and intoxicating beverages. (more…)
Belgian beer production reaches new record despite declining domestic consumption
Beer consumption in Belgium has again declined in 2010. According to figures released by the Union of Belgian Brewers Belgians drink an average of 78 liters of beer per year. (more…)
American craft beer: the hippest of hops
From tasteless mass-produced beers a decade ago, innovative, flavoursome American ales from a thriving craft brewing scene can now be found in the UK. Is this a welcome invasion? (more…)
American beer market hasn’t gotten its fizz back
The U.S. beer market still hasn’t gotten that fizz back, according to one UBS analyst. (more…)
Domestic beer consumption in Belgium reaches record low in 2010; exports rise
Beer consumption in Belgium has again declined in 2010. According to figures released by the Union of Belgian Brewers Belgians drink an average of 78 liters of beer per year. This is a decline of 2.8% compared to 2009. In the past 20 years, beer consumption in Belgium has declined by about one third. (more…)
Sabine Sagaert joins Cargill as general manager of malt operations in Europe
Cargill on Thursday announced that Sabine Sagaert has joined Cargill Malt as the general manager of malt operations in Europe. Sagaert succeeds Alain Dufait, who has taken a position with Cargill’s Starches and Sweeteners business in Europe. (more…)
Vietnam. Habeco opens new $23 million brewery
State-owned Ha Noi Beer and Beverage Corp (Habeco), the largest brewery group in northern Vietnam with a market share of 80%, last weekend reportedly opened a new brewery in the northern port city of Hai Phong. The new $23 million plant is said to have a production capacity of 50,000,000l of beer per year. (more…)
SABMiller play for Foster’s expected to drag on for months
SABMiller’s bid for Foster’s Group is expected to take months to resolve, in the absence of any other bidders emerging, as Foster’s tries to get the world no.2 brewer to sweeten its $10 billion offer, investors and analysts said. (more…)
Ambev: Good Income and Growth Potential in Brazilian Beer Market
Although it may not be the most conservative approach to investing in dividend stocks, some investors, perhaps younger ones, might consider diversifying their holdings into emerging markets like Brazil. (more…)
Molson Coors, Cobra India to Join Forces to Brew Beer
Molson Coors Brewing Co. and Cobra India have joined forces to brew and market Cobra beer in South Asia, an arrangement that will give the brewer a foothold in the fast-growing Asian beer market. (more…)