AB InBev’s Nigerian Subsidiary Int’l Breweries restructures its board

NIGERIA - International Breweries Plc (IB Plc), the company unit of the world’s biggest brewer AB InBev has announced major restructuring of its Board of Directors after completing a three-way merger with Intafact Beverages Limited and the Pabod Breweries Limited. The Board has appointed Igwe Nnaemeka Alfred Achebe as its new chairman to succeed Sunday…

Heineken opens the seventh brewery in Mexico

MEXICO - Heineken N.V. has opened a new brewery in Meoqui, Chihuahua, Mexico for US$500 million, the largest greenfield investment in the company’s history. The brewery, the company's seventh in Mexico, has a production capacity of 6 million hectolitres per year and will produce leading brands such as Tecate, Dos Equis and Heineken for the…

AB InBev to cut emissions by 5% with new brewing method

BELGIUM - AB InBev has developed new energy-efficient brewing method that will reduce CO emissions by approximately 5% once the technique is utilised in its entire brewery network. The new method uses less heat and water than other brewing methods by generating gas bubbles needed to malt grains in beer thus does not require the…

AB InBev to invest US$100 million in a new brewery in Tanzania

TANZANIA - Beer giant AB InBev plans to invest US$100 million in a new beer plant in the administrative capital of Tanzania, Dodoma, as the brewer says it is likely to face potential pressure on capacity in the near future after its beer volumes jumped 20% last year, reports Reuters. Construction of the brewery, the fifth beer…

Asella Malt Factory grabs one of the highest offers for privatisation

ETHIOPIA - Asella Malt Factory joins the list of public enterprises, grabbing the highest offer of US$48.8 million after the Ministry of Public Enterprises (MoPE) put it up for privatisation. The Factory joins the highest offer earner companies next to the US$944 million bid made by Japan Tobacco International for National Tobacco Enterprise (NTE) and…