China. AB InBev plans to close a brewery in Zhejiang Province
It became known today that Anheuser-BuschInBev, one of the leaders of the Chinese beer market, plans to close its brewery in Zhejiang Province, Zhoushan district. (more…)
China. New CR Snow team will have to work on the company’s profitability
The merger of two brewing giants AB InBev and SABMiller against the background of the Chinese beer market drop provided an opportunity for China Resources Beer cheaply buy back shares from the foreign partner. (more…)
Ukraine. The beer market is falling, but sales of some companies continue to grow
In the last few years, the brewing industry in Ukraine is in a difficult situation. According to Evgeny Shevchenko, the CEO of Carlsberg, on the whole, in 2015 the production of beer in Ukraine fell by 17% to 193 million liters due to the increase of the tax burden and decrease of the purchasing power of the Ukrainians. (more…)
Thailand. ThaiBev increased beer sales 17.5% to 671 million liters
Recently ThaiBeverage Public Company Limited have presented their performance in 2015. The total sales revenue has grown 6.2% to Baht 172,049 million. (more…)
Pham Chi Lan: “Vietnamese are the biggest beer drinkers in the region”
Commenting about the beer and wine consumption in Vietnam, Pham Chi Lan, a renowned economist, said Vietnamese hold a record in alcohol drinking but they should not be proud of this. (more…)
China. Chongqing Brewery announced the closure of the brewery in Liupanshui
Chongqing Brewery announced the closure of the only brewery in Liupanshui city. The reason of production suspension is the decrease of the brewery’s profitability and policy of reducing the number of redundant businesses. (more…)
China. AB InBev financial results of 2015 and expectations for 2016
According to Anheuser-Busch InBev Full Year 2015 Results report, company’s revenue grew by 6.3% in FY15, with revenue per hl growth of 7%. (more…)
USA. ZIEMANN HOLVRIEKA acquires another renowned craft brewer as a new customer
One Lotus and a dozen of tanks
With the Ballast Point Brewing & Spirits Company, ZIEMANN HOLVRIEKA has acquired another renowned US craft brewer as a new customer. The brewery from San Diego, California ordered, within the scope of a capacity expansion, one “Lotus” lauter tun with a diameter of 7.6 meters. (more…)
China. Successful beginning of the year for Yanjing Brewery, in January they sold 142 million liters of beer
In early spring, the results of Yanjing Brewery’s (Guilin Liquan) in Guangxi Province in January 2016 became known. The brewery produced 141.9 million liters of beer with a growth of 4.5% during the first month of the new year. (more…)
China. The turning point in the brewing industry has happened long ago
The last two years were not an easy period for Chinese brewers. Some analysts and business publications say about the unexpected decline in the industry. Look at the situation historically. (more…)