Sri Lanka Cargills to buy brewer
Sri Lanka’s Cargills Ceylon, which runs the island’s largest retail chain said it will buy a brewery through a new unit for 1,425 million rupees, increasing its food and beverage producing capacity. (more…)
UK. World’s strongest beer goes on sale at ?55 a bottle
A beer so powerful just one gulp would push you over the drink-drive limit has gone on sale. (more…)
Beer costs too much: Ontario Tory leader
Ontario’s Progressive Conservatives say if they win this fall’s provincial election, they would consider lowering the price of beer.
On Monday, party leader Tim Hudak left the door open to return to “a buck a beer” — or $24 per case of 24 beers. (more…)
Asahi Breweries Fiscal Year Group Net Profit Y53.08 Billion, Up 11.4%
Asahi Breweries Ltd. (2502.TO) said Tuesday its net profit for the fiscal year ended Dec. 31 rose 11% from the previous year, thanks to strength in its domestic soft drink business and higher overseas sales after its purchase of Schweppes. (more…)
Entry barriers hurt Korean beer industry
Brewers say trade barriers must go to add color to Korean beer market (more…)
Lion Brewery adds 70 employees while undergoing $15M expansion
Inside the Lion Brewery, workers bustle around new equipment that has created more than 70 jobs over the last 18 months. (more…)
Chile. CCU 2010 Net Profit Falls 13.5% To CLP110.7 Billion
Chilean beverage company Compania Cervecerias Unidas SA’s (CCU, CCU.SN) 2010 net profit dropped 13.5% to 110.7 billion Chilean pesos ($229.8 million) on nonoperational charges last year, compared with CLP128.0 billion the year earlier, the company said late Wednesday. (more…)
SABMiller: The number of pub restaurants with tanks has increased 60-fold in the last 15 years
At the beginning of 1996, 12 pub restaurants with tanks were operating in the Czech Republic. That number has multiplied in the last 15 years by about 60 times. Today, there are approximately 740 pub restaurants that have tanks from all breweries, and they represent about one-tenth of the sale of beer on tap. About 70 percent of all pub restaurants serve brands by Plze?sk? Prazdroj, and up until now more than 770 million beers have been drunk from their tanks. (more…)
Peru. Backus committed to sustainable development
Backus, business leader in Peru’s beer industry, issued the results of its Strategy for Sustainable Development 2009-2010 based on Global Reporting Initiative (GRI) indicators, as well as its action plan for 2011 with regard to the 10 priorities for sustainable development. (more…)
Kerry says brewers face major barley quality and supply challenge
European brewers have a fight on their hands to source quality malting barley during 2011, according to industry ingredient supplier Kerry.
USDA (United States Department of Agriculture) statistics estimate drawdowns on the on EU barley crop (of malting quality) to 10.05m tonnes in 2010, compared with 14.45m in 2009. (more…)