Molson Coors 2Q profit falls on higher costs

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Molson Coors Brewing Co. found that higher prices were not enough to offset weak beer sales and increased costs for fuel and ingredients in the second quarter. The maker of Coors Light, Keystone Light, Carling and other beers reported Tuesday that its net income fell 6 percent, missing analysts’ expectations. (more…)

US. Craft brewers look local for untapped demand

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After years of shipping beer farther and farther away, many small brewers are now shrinking distribution to sell beer more profitably at home. The strategy reflects the nation’s growing thirst for boutique beers from independent breweries that simply can’t produce enough to meet the demand of a larger market — so they’re putting local customers first. (more…)

UK. One in two drinkers have tried real ale

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The number of UK drinkers trying real ale has risen by 40% since 2006, with more than 200 new breweries opening in that time, says the Campaign for Real Ale (CAMRA). (more…)

Contract signed in Beijing drinktec is now a co-organiser of CBB

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drinktec, the Worldґs Leading Trade Fair for Beverage and Liquid Food Technology, is now a co-organiser of CBB, China Brew & China Beverage, International Brew & Beverage Processing Technology and Equipment Exhibition for China. The organisers of the two trade fairs signed a contract to this effect at the beginning of August in Beijing. (more…)

Carlsberg says to own 30 pct of new China venture

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* Danish brewer forms joint venture to expand China business
* It will own 30 pct of new J/V with Chinese partners
* New company will operate 12 breweries in China (Adds details, quote, share price) (more…)

Recession hangover as Romanian beer market shows no signs of frothing

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Romanians love their beer, especially on a scorching summer’s day, but so far it looks like not even the torrid weather will help brewers defy the droop of recent years. The local beer market fell by 3.5 percent in 2010 and another 2 percent in the first quarter of 2011, forcing local brewers to adapt to the sober new conditions. (more…)