The world’s largest beer brewer is bullish about the prospects of Chinese consumption and the country’s growing economy, and plans to accelerate its investments in China and focus on premium and diversified products, its top executive said during a visit to Beijing last week. Michel Doukeris, chief executive officer of Anheuser-Busch InBev, a multinational drinks conglomerate headquartered in Belgium, said
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In a move that has shaken up the independent beer sector, AB InBev has started to close down and break apart its former craft brewery buyouts. Much-loved Cleveland-based craft beer business Platform Beer Co which, according to American Craft Beer, has recently ceased operations and seen all staff laid off, was bought by AB InBev in 2019 when it was at
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Jordan’s state grain buyer has purchased about 100,000 tonnes of animal feed barley to be sourced from optional origins in an international tender on Wednesday, traders said. It was bought at an estimated $284 a tonne c&f in two 50,000 tonne consignments for shipment in the second half of June and first half of July. Seller was believed to be
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