Source: Olly Wehring, Managing Editor
On just-drinks last week...
Remy Cointreau posted its full-year numbers, which saw the company continue to benefit from strong sales in Asia and the US.
Carlsberg confirmed plans to spend just over US$780m building a new brewery in China. The facility, which will be based in the south of the country, will be in operation from 2014.
The soft drinks ban in New York edged closer, with the proposal set to go to public review. We expect a legal challenge within days of the law passing, if not sooner.
The Coca-Cola Co announced that it is heading back to Myanmar after an absence of about 60 years. The move sees the number of countries in which you can't buy a Coke drop to just two. But, can you guess which ones?
And, in a just-drinks exclusive, Whyte & Mackay moved to quell talk that it is struggling to juggle its cashflow, despite bringing the summer maintenance closures forward at its distilleries. I bet the company's parent company, United Spirits, must be keen to have a break of its own!
Finally, if you work in the brewing sector, you may want to check out this, our latest report covering the prospects for premium beer in emerging markets.