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CASTLE MALTING NEWS in partnership with
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Vietnam: Heineken Vietnam appoints new managing director
Heineken Vietnam, one of the largest players in the country's beer market, on August 5 announced the appointment of Wietse Mutters as managing director, succeeding Alexander Koch, who will take ...
Published 07/08/2024
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Asia: Beverage maker F&N posts 37.3% increase in nine-months net profit
Beverage maker F&N posted a net profit of S$123 million for the nine months ended Jun 30, 2024, a 37.3 per cent increase from S$89.6 million in the same period ...
Published 07/08/2024
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Turkey & Russia: Government blocks sale of AB InBev stake in Russian JV to partner Anadolu Efes
A Russian government commission led by Finance Minister Anton Siluanov blocked the sale of Anheuser-Busch InBev NVs stake in a Russian joint venture to its Turkish partner Anadolu Efes AS, ...
Published 07/08/2024
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Japan: Kirins first-half profit up 78.9%
Japans leading beer maker Kirin Holdings Co. Ltd. reported that its first half profit to owners of the company was 57.2 billion yen, up 78.9% from last year, RTTNews reported ...
Published 07/08/2024
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Germany: President of the Bavarian Brewers' Association advocates for higher beer prices
The President of the Bavarian Brewers' Association advocates for higher beer prices. In Germany, beer is the cheapest in Europe, Georg Schneider told the "Augsburger Allgemeinen" on August 6. To ...
Published 07/08/2024
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World: Molson Coors shares rise on second-quarter sales and profits that beat expectations
Molson Coors beat Wall Street expectations for second-quarter sales and profit on August 6, driven by strong demand for its premium Coors Light and Miller Lite beers in the European ...
Published 07/08/2024
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USA: January-June and June alone beer shipments see a decline in the US
The Beer Institute published on August 6 an unofficial estimate of domestic tax paid shipments by beer brewers for June 2024.
The June 2024 estimate is 14,400,000 barrels, a decrease of ...
Published 07/08/2024
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USA, IA: Peace Tree Brewing Co. to close down on August 10
Peace Tree Brewing Co. continues the shutdown of its operations. The brewery based in Knoxville announced that it closes on Aug. 10, Des Moines Register reported on August 6.
In July, ...
Published 07/08/2024
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Japan: Over 80% of consumers maintain or increase frequency of beer consumption, study finds
The notable consumer preference for beer makes it a key focus in the Japanese hospitality industry. Beers continued dominance emphasizes the importance of developing an in-depth understanding of consumer behavior ...
Published 06/08/2024
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Australia: Brewers and distillers calling for action from local government following new increase in alcohol duty rates
Australian distillers and brewers are calling for action from the local government following the introduction of a new increase in alcohol duty rates.
The nations excise tax which came into play ...
Published 06/08/2024
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