Molson Coors Brewing Company (NYSE: TAP) announced today that it has launched Carling in Ukraine, Eastern Europe’s second largest beer market, through a commercial joint venture with Obolon Company, a leading Ukraine brewer. (more…)
Japan’s Asahi Breweries Ltd. said that it will put off closing its Nishinomiya plant by one year to the end of August 2012 since power shortages at Tohoku and Kanto facilities will hamper efforts to raise output. (more…)
* Says in talks with Kirin on San Miguel Brewery share sale
* Plans to put up breweries in Laos, Cambodia
* To open 4 additional bottling plants in Philippines (Recasts, adds comments after stockholders’ meeting) (more…)
–Anheuser Busch limits alcohol content in flavored malt beverages; MillerCoors also has cap in place
–Moves come after recent scrutiny of caffeinated, high-alcohol drinks
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SABMiller Plc (SAB)’s Sechaba Breweries Ltd. (SCHB), Botswana’s biggest beermaker, said full-year profit rose 10 percent to 240 million pula compared with a year earlier. (more…)
The beer-making industry is generally characterized by steady and predictable growth, yet this year major brewers have had a tough time meeting expectations so far. The sector has been slow to recover in the wake of the financial crisis. In the first quarter, three of the four major U.S. beer-makers failed to meet their target earnings per share. (more…)
Molson Coors Canada has launched the Six Pints Specialty Beer Co., a new stand-alone segment targeted at the craft and specialty beer industry. (more…)
Brewers operating in the African market still have a lot of room for future growth as beer consumption on the continent is still far from saturation levels. (more…)
A new global campaign for Pilsner Urquell will launch today aiming at celebrating the history of the brand. (more…)
Molson Coors Brewing Company announced that its Board of Directors has increased the quarterly dividend on its Class A and Class B common shares by 14%, or $0.04, to US$0.32 per share, payable June 15, 2011, to shareholders of record on June 6, 2011. (more…)
