USA: Constellation Brands forecasts annual profit above expectations, sees strong demand for its beer brands
Constellation Brands forecast annual profit above Wall Street expectations on April 11, banking on resilient demand for its core beer brands despite sticky inflation, Reuters reported. Demand across the company's beer ... More
11/04/2024

Vietnam: Additional tax can erode Vietnamese beverage makers’ competitive advantages
Vice chairman of the Vietnam Association of Financial Investors (VAFI) Nguyen Hoang Hai said that paying additional tax will erode Vietnamese beverage makers’ competitive advantages, VietNamNet reported on April 8. A ... More
10/04/2024

Cyprus: Beer deliveries up 10% in March this year
Beer deliveries in Cyprus rose by an annual 10% in March 2024, with the annual rise driven by domestic deliveries, Stockwatch reported on April 9. According to data released by the ... More
10/04/2024

Germany: Homebrewers no longer need to report production to customs or pay tax on their brews
Homebrewers in Germany will no longer need to report their yearly production to customs or pay tax on brews, even if more than 200 litres, The Drinks Business reported on ... More
10/04/2024

UK: Molson Coors to spend £100 mln in improvements across its UK brewing network
Molson Coors plans to spend £100 mln over the next five years in improvements across its UK brewing network, The Grocer reported on April 10. The Carling brewer said it had ... More
10/04/2024

Australia: February barley, sorghum exports plummet
Australia exported 498,382 tonnes of barley and 55,755t of sorghum in February, according to the latest data from the Australian Bureau of Statistics. Feed barley exports at 379,875t fell 38 ... More
10/04/2024

Australia: Winter crop sowing under way amid mixed conditions
Sowing of Australia’s 2024-25 winter crop is under way in all states of Australia amid mixed conditions, Grain Central reported on April 10. Very early indications are that only 3 percent ... More
10/04/2024

USA, TX: Buckstin Brewing Co. cuts the ribbon on new Beaumont location
Confetti burst overhead on Tuesday, April 4 morning as Gabrielle Blanco officially cut the ribbon on the much awaited Buckstin Brewing Co. Beaumont location, MSN reported. A line of customers had ... More
10/04/2024

Japan: Suntory’s exported products compliant with Japan’s new production and labelling standards for whisky
Japanese multinational Suntory has announced that all of its exported products are compliant with the country’s new production and labelling standards which officially launched on 1 April, The Drinks Business ... More
09/04/2024

USA: Diageo receives $75 mln grant to decarbonise operations at its two North America facilities
The US Department of Energy’s Office of Clean Energy Demonstrations has awarded up to $75 million to decarbonise operations at two Diageo North America facilities, FoodBev.com reported on April 1. The ... More
09/04/2024