Anheuser-Busch has entered into an agreement to acquire Virginia-based craft brewery Devils Backbone Brewing for an undisclosed sum. Devils Backbone will join Anheuser-Busch's craft breweries portfolio within the company's business ...
Oregon-based Deschutes Brewery is planning to invest $85m to set up Eastern US brewery in the City of Roanoke, Virginia. The facility which has been named Brew 4, as it follows original Bend, Oregon public house (Brew 1), the brewery's ...
Tags: Deschutes Brewery, Investment, New Facility
Kona Brewery has broken ground on a new $20m facility in Hawaii near its current facility. Located on 2.6 acres leased from the Queen Liliuokalani Trust, will produce 100,000 barrels annually once it becomes operational. The ...
Tags: Kona Brewery, Construction
Flemish Fox Brewery & Craftworks, a new craft brewery founded by Christine Celis, and Atwater Brewery, have entered an agreement to brew beer in a new collaboration brewery in Austin, Texas. Flemish Fox Brewery & Craftworks has acquired ...
Private equity firm Fireman Capital Partners-owned Oscar Blues has acquired Florida-based Cigar City Brewing for an undisclosed sum. The transaction is expected to be completed within the next three months. Cigar City will continue ...
Tags: Fireman Capital Partners, Oscar Blues, Cigar City, Aquisition
Massachussets-based Treehouse Brewing Company is constructing a new brewery in Charlton, UK, as part of its expansion strategy. The new brewery, which is slated to open in 2017, will be spread across 45,000ft2 featuring a modern 50 BBL ...
Tags: Brewery, Treehouse Brewing, Expansion, Retail
Craft Brew Alliance (CBA) and Pabst Brewing Company (PBC) have signed a brewing agreement whereby the two companies aim to achieve growth objectives jointly. The agreement entails that PBC subsidiary Rainier Brewing Company will brew ...
Tags: brewery optimization, brewery
China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...
Tags: oil demand, fuel oil
With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...
Tags: oil product, bitumen
Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
Belgium-based brewing company Anheuser-Busch has agreed to acquire Colorado-based Breckenridge Brewery, to expand its craft beer portfolio. Upon completion of the acquisition process, Breckenridge Brewery will become the seventh craft ...
Tags: Anheuser-Busch, Breckenridge Brewery, Food
Brent oil price hit 11-year low Monday as the market continued to be plagued by an oversupply of crude oil and weakening demand. Brent crude for February delivery decreased 53 cents to close at 36.35 U.S. dollars a barrel on the London ...
Tags: Brent oil, Oil prices
Allied Glass Containers has recently created a new beautifully embossed and intricately screen printed bottle for the launch of R&B Distillers Borders Whisky. A unique bottle, Zoe White Marketing Manager for R&B Distillery, says: "In ...
Tags: Allied Glass Containers, screen printed bottle, Printing
The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks