EAC beer makers lose income to the black market
High taxes are choking the alcoholic beverages trade as smuggling across East African borders rob Kenya Revenue Authority (KRA) of millions of Shillings. (more…)
drinktec joins the social web: facebook, twitter & Co.
drinktec is now also getting involved in social networking. Already, two-and-a-half years before the start of the fair, you can start chatting and exchanging information on facebook and twitter. And on YouTube, you can look at pictures and hear comments about drinktec 2009. (more…)
BCME releases 2010 beverage can market statistics
In 2010, the European beverage can market hit 54.1bn cans, up 5.2% from 2009. The latest statistics from BCME (Beverage Can Makers Europe) show that despite tough economic conditions last year, there was strong growth in the beverage can market in Europe. (more…)
Another Milestone for Heineken in Mexico
Heineken today announced that it reached another important milestone in Mexico, less than a year after the acquisition of Cuauht?moc Moctezuma (CM) as part of the FEMSA beer operations transaction. The new developments include the brewing of the Heineken® brand in one of CM’s most modern, high-tech breweries located in Orizaba, Veracruz, as well as the introduction of new, innovative bottle and can designs for the premium Heineken brand. (more…)
Corona Brewer Drinks to Family Business
In a fast-consolidating global beer industry, Grupo Modelo SAB Chief Executive Carlos Fern?ndez is trying to keep his company in the family. (more…)
Kingway says shareholder sells stake at premium
Kingway Brewery Holdings Ltd (0124.HK) said shareholder Heineken-APB (China) Pte Ltd had agreed to sell its entire stake in the Chinese brewer at a price representing a 62.8 percent premium to its last close. (more…)
Canada. Barley shortages could have beer drinkers crying in their suds
Patio season is just around the corner, but a global shortage of brew-quality malt already has some brewers forecasting a possible price spike at the taps. (more…)
Philippine conglomerate San Miguel 2010 recurring net income doubles-source
* Net income about 20 bln pesos in 2010 vs 57.8 bln in 2009
* Recurring net income at around 17 bln pesos in 2010
* San Miguel Brewery’s net income rises 16 pct on yr (Adds background) (more…)
Japan: Kirin Brewery spills beer in earthquake
The picture on the right is of the Kirin Brewery in Sendai, in the Miyagi Prefecture roughly 235 miles north of Tokyo and just off the Oshika Peninsula.
Sendai was devastated by Friday’s earthquake, and four large holding tanks at the brewery were destroyed. (more…)
China’s Planting Area for Beer Barley Seen Increasing in 2011
Planting areas of barley in China for beer production will rise this year, due to the barley price hike in 2010 and farmers’ optimistic outlook for the beer barley market, predicted an industry expert. (more…)