Brazil: Ambev’s profit jumps in Q4 2020

Ambev SA's profit jumped in the fourth quarter from a year earlier as the beer maker posted gains in sales and benefited from tax credits in Brazil, its biggest market, ...
Published 25/02/2021 More

Brazil: Heineken, Coca-Cola Femsa reach distribution deal in Brazil

Mexican Coke bottler Coca-Cola Femsa said on February 24 that it had reached an agreement with Heineken NV over distribution in Brazil, a move that clears a significant legal hurdle ...
Published 25/02/2021 More

New Zealand: Total volume of beer available for consumption drops 1.7% in 2020

The total volume of alcoholic drinks available for consumption in New Zealand was little changed in 2020, up 0.8 percent, following a rise of 1.7 percent in 2019, the statistics ...
Published 25/02/2021 More

Tanzania: Serengeti Breweries introduces Guinness Smooth

In a bid to maintain strong market presence, Serengeti Breweries Limited has introduced Guinness Smooth, a new member to its growing family in the country’s northern cities of Moshi, Arusha ...
Published 25/02/2021 More

India: Molson Coors agrees to sell Indian unit

US brewer Molson Coors has agreed to sell its Indian unit to Singapore-headquartered Inbrew Holdings. While the companies did not disclose the deal size, industry insiders estimated it at about ...
Published 25/02/2021 More

UK: Conservative MPs calling for a reduction in the tax paid on beer

A group of UK’s Conservative MPs is calling for a reduction in the tax paid on beer in next week's Budget, Yahoo Finance reported on February 26. They have written to ...
Published 25/02/2021 More

EU: Chinese demand breaks traditional supplies of malting barley to Belgium, the Netherlands, and Germany

In the core malt production region of the EU, Belgium, the Netherlands, and Germany usually have a total malting barley deficit of minimum 2.5 mln tonnes. It used to consist ...
Published 25/02/2021 More

China: China still open for substantial malting barley imports - analysts

Exceptional food consumption after the corona crisis, a remarkable economic recovery, and fast rebuilding of the pig herds after the ASF crisis created a huge feed demand in China, H. ...
Published 25/02/2021 More

World: Malt business hardly started for 2022 due to uncertain future prospects

Malt markets in 2021 will depend, of course, on the course of the corona pandemic, the H. M. Gauger GmbH analysts said in their February report. Vaccination has commenced in ...
Published 25/02/2021 More

South Africa: South African alcohol industry gravely concerned by excise tax increase

The South African alcohol industry says it's gravely concerned that excise tax will be increased by 8%, which will exceed the targeted excise duties for wine, beer and spirits set ...
Published 25/02/2021 More