World: Reduced malt input results most often in lower beer quality ...Click here

World: SABMiller reports flat volumes for the year to March 31, financial performance in line with its expectations ...Click here

The Netherlands: Heineken’s first quarter revenue down 3.5%, beer volume drops 5.3% organically ...Click here

China: SABMiller to gain pricing power in a market averse to price rises ...Click here

Canada: Beer sales continue to increase in 2009, imported beer outpaces domestic products ...Click here

China: SABMiller rumoured to be interested in Chongqing Brewery Co ...Click here

China: Beijing Yanjing Brewery’s Q1 net profit up 27% yoy ...Click here

EU: Barley acreage forecast to drop fast in three years to come ...Click here

Chile: Brewer CCU plans $150 million investment as it sees some upturn in Chile, Argentina’s economy ...More Info

China: AB InBev lays foundation for its first brewery in Southwest China ...More Info

Denmark: Carlsberg rises as analysts expect it to win market share in Russia in Q2 and Q3 ...More Info

Ireland: Diageo explains British malt in Guinness has more to do with quality, not price ...More Info

Japan: Asahi Breweries to transform its overseas business aiming at stabilizing profits, looks for M&A ...More Info

Latvia: Brewer Cesu alus achieves 29% market share in 2009 ...More Info

The Netherlands: SABMiller launches Peroni Nastro Azzurro to offer Dutch consumers ‘distinctive and stylish alternative’ ...More Info

United Kingdom: AB InBev presents new variant of Budweiser ...More Info

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World: SABMiller reports flat volumes for the year to March 31, financial performance in line with its expectations

SABMiller plc, the world’s second-largest brewer, published on April, 20 an update on trading for the 12 months to 31 March 2010.

On an organic ...More Info

The Netherlands: Heineken’s first quarter revenue down 3.5%, beer volume drops 5.3% organically

Dutch brewing giant Heineken N. V. said on April, 21 its first quarter 2010 revenue declined 3.5% to €2,936 million, due to changes in ...More Info

China: SABMiller to gain pricing power in a market averse to price rises

SABMiller is starting to gain pricing power in China, in a sign that years of consolidation in the world’s largest beer market are starting ...More Info

Canada: Beer sales continue to increase in 2009, imported beer outpaces domestic products

Beer and liquor stores and agencies sold C$19.4 billion worth of alcoholic beverages during the year ending March 31, 2009, up 3.0% from the ...More Info

China: SABMiller rumoured to be interested in Chongqing Brewery Co

World’s No. 2 brewer SABMiller plc plans to bid for a 12.25% stake in Chongqing Brewery Co, which is currently 17.46%-owned by Carlsberg Group, the Economic Observer reported on April, 16, citing unnamed sources familiar with the matter as saying.

Last week, Chongqing Beer (Group) Co, the largest shareholder of Chongqing Brewery, said that it plans to sell 59.30 million shares, or a 12.25% stake, in Chongqing Brewery, adding that domestic and overseas bidders should submit bidding documents within in ten working days after the announcement.

SABMiller, the London-based brewer, holds a 49% stake in China Resources Snow Breweries.

Shanghai-listed Chongqing Brewery sold 1 million kiloliters of beer last year, 2.11% more than in 2008. The company's net profit attributable to shareholders rose 10.91% year on year, hitting RMB 181 million and operating revenue was RMB 2.26 billion, up 6.56% from a year earlier, according to an earlier report from China Knowledge.

In 2010, the brewery aims to sell 1.12 million kL to reap RMB 2.59 billion in operating revenue. Capital expenditure could reach RMB 1.49 billion.

China: Beijing Yanjing Brewery’s Q1 net profit up 27% yoy

Beijing Yanjing Brewery recorded operating revenue and net profit of 2.087 billion yuan and 30.76 million yuan in the first quarter of this year, NetEase cited a company filing on April, 20.

The brewer’s operating revenue and net profit thus grew by 10.32 percent and 26.54 percent respectively year-on-year.

The company sold 940,000 kiloliters of beer in the first quarter, of which its own products accounted for 890,000 kiloliters, an increase of 5.95 percent year-on-year.

World: Reduced malt input results most often in lower beer quality

At the beginning of the financial and economic crisis brewers, especially the large groups, reduced both stocks and purchase contracts sharply, an analysts’ research note posted earlier this month reminds.

Brewers had to cope with lower disposable incomes of consumers, with higher beer taxes in a number of countries, with anti-smoking laws, and a continuing trend towards wine and other beverages in the richer countries.

Statistics show that beer sales dropped less than malt purchases by brewers: Japan, China, Russia and Ukraine are the extreme examples of reducing malt input in beer, for different reasons and with different replacements.

China’s malt basis of beer is about 7 kilos/hl, Russia reduced its malt input by at least 50% and brews a number of beers exclusively with raw barley and enzymes.

All over the world usage of malt substitutes has increased, most often to the detriment of beer quality.

Recently Euromalt, the European maltsters’ association, and Pilsner Urquell, the No. 1 brewer of the Czech Republic, have protested the continuing change of the product “beer” to an unspecific drink, and asked for legal help to protect the “real beer”, which is not exclusively, but mainly brewed of malt, water, hops and yeast.

EU: Barley acreage forecast to drop fast in three years to come

Although there is strong support from southern and eastern EU countries for the French proposal to maintain most of the traditional CAP (Common Agricultural ...More Info