Emerging Markets

Migration has increased globally, and with it, beer options have expanded. Pic: ©GettyImages/rez-art

China now drinks more Budweiser than the US

By Beth Newhart

Domestic beer consumption in the US has fallen over the last two decades while China’s interest in American beer has spiked. Budweiser sales finally flipped in China’s favor in the first half of 2018 and the trend is expected to continue.

Beyti is 52% owned by Saudia Arabian dairy firm Almarai Company, and 48% by PepsiCo Inc. Pic: ©Getty Images/MidoSemsem

EBRD supports Egypt’s Beyti with $44m loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.

The cost of the latest installation at the San Francisco de Macorís plant was $10m

Nestlé Dominicana expands its dairy factory

By Jim Cornall

Nestlé Dominicana, S.A. has inaugurated its new dairy production line for the Carnation and other dairy drinks brands (including Nesquik, Impulso, and others).

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