AB InBev to profit from Brazil, U.S. costs in Q4

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Anheuser-Busch InBev , the world’s largest brewer, is set to report a rise in fourth-quarter profit on Thursday, driven by a sharp increase in drinking in Brazil and cost savings in the United States. (more…)

SABMiller expands in Nigeria to take on Heineken

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Brewer SABMiller is to spend over $100 million to build a new brewery in Africa’s second largest beer market Nigeria to take on the country’s brewing heavyweights Heineken and Diageo. (more…)

UK. Craft beer defies downturn

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Locally-brewed craft beers are continuing to defy the economic downturn and the long-term decline in beer drinking, according to a new industry report. (more…)

Europe: „Malting barley is significantly undervalued“

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„Malting barley is significantly undervalued“ summarizes Michael Fleischer, CEO of the Hamburg/Germany based trading house Grainexx, the current market conditions in Fridays issue of agricultural journal “Agrarzeitung”. (more…)

“Kvas Taras” is a leader of Ukrainian kvas market

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According to AC Nielsen data the market share of TM “Kvas Taras” at the year end 2010 made up 41.7 % by value and 34.1 % by volume. Compared to 2009 the brand strengthened its position by 15 % by value and by 12.1 % by volume. (more…)

Mexico’s FEMSA posts higher Q4 profit

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Giant Mexican beverage and retail company FEMSA (FMSAUBD.MX) (FMX.N) said on Friday quarterly profit climbed, boosted by higher sales at its expanding network of convenience stores and its stake in Dutch beer company Heineken. (more…)