France & Ethiopia: Malteries Soufflet launches its first malthouse in Africa on the outskirts of Addis Ababa
The French company Malteries Soufflet, a division of the InVivo Group, has inaugurated its first malt house in Africa, 28th for the company, which is located in the Bole Lemi ... More
18/05/2022

Germany: Brewers warn of beer bottles shortage
Germany's brewers have warned that there might not be enough beer bottles for this coming summer season, the country's media reported on May 18. "We will see shortages by summer at ... More
18/05/2022

USA, PA: Cooper’s Family Brewing to begin serving its beers in Scranton on May 24
Cooper’s Family Brewing will begin serving microbrews at Cooper’s Seafood House on North Washington Avenue in Scranton on May 24, the Standard-Speaker reported on May 17. Jack Cooper, who co-owns the ... More
18/05/2022

Thailand: ThaiBev reports 20% increase in net profit for Q2 to March 2022
The improving Covid-19 situation in Thailand drove sales growth in all business segments said Thai Beverage (ThaiBev) in a bourse filing on Friday, May 13 Net profit for the second quarter ... More
17/05/2022

Nigeria: Nigerian Breweries Plc commissions works of its expansion project at Ama Brewery
Nigeria’s foremost brewing company, Nigerian Breweries Plc, has commissioned civil works of its expansion project at Ama Brewery, Enugu State. The expansion project worth N56 billion (or 112 million euros) ... More
17/05/2022

South Korea: Analysts maintain BUY rating on HiteJinro
KB Securities maintain BUY on HiteJinro but raise their target price by 4.8% (KRW42,000→KRW44,000), as they revise up 2022E/2023E operating profit (OP) by 7.6%/8.8%, Businesskorea reported on May 16. The ... More
17/05/2022

World: Barley outlook is for lower trade despite larger production in 2022/23
The global barley outlook for 2022/23 is for lower trade despite larger production, USDA said in their May report. Production is forecast to grow to 148.968 mln tonnes from 145.029 mln ... More
17/05/2022

World: Weather concerns having significant impact on barley markets
Weather concerns are becoming front and centre, as it is usual for this time of the year, and given the tight global supply environment they are having a significant impact ... More
17/05/2022

Argentina: Remaining barley surplus for crop 2021/22 estimated close to 1 mln tonnes
Export licences granted for crop 2021/22 in Argentina to-date are for 2.4 mln tonnes of feed, 0.8 mln tonnes of malting barley. The remaining surplus is close to 1 mln ... More
17/05/2022

World: Brewing world will have to cope with smaller malt supplies, analysts believe
Ukrainian malt exports were 75,000 tons in 2020, after three years of larger shipments – above 100,000 tonnes. The main destination was Brazil with 25,000 tonnes. It must be feared ... More
17/05/2022