SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s largest beer maker is looking to repurpose byproducts of the brewing process into a nutritious food lineup including healthy snack bars. Oriental Brewery Co. said on Nov. 20 that it will upcycle byproducts generated during the beer making process to transform them into nutritious alternatives such as [...]
VICTOR, N.Y., March 24 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today responded to the outcome of a recent public consultation in Mexicali, Baja California (Mexico) which voiced opposition to the company’s plans to build a new brewery in the city. “We will continue working with local authorities, [...]
SAN DIEGO, Jan. 24 (Korea Bizwire) — San Diego-based Ballast Point®, a pioneer in the craft beer industry and one of the nation’s leading craft breweries known for high-quality, award-winning and innovative beers, today announced the opening of a brewery, tasting room and kitchen in the Downtown Disney® District at the Disneyland® Resort. The opening [...]
SEOUL, April 24 (Korea Bizwire) – Local breweries are on high alert with the emerging presence of imported beer brands in the South Korean market. Although an estimate, as breweries in South Korea refrain from disclosing specific sales statistics to for competitive purposes, industry experts believe that foreign breweries accounted for more than 10 percent [...]
SEOUL, June 30 (Korea Bizwire) – Oriental Brewery (OB), a major South Korea brewery, opened a pop-up store named MixxTail House at Sinsa-dong’s Garosu-gil in Gangnam on Thursday. The store offers a variety of cultural events and activities that visitors can enjoy while drinking OB’s MixxTail, the company’s fermented cocktail brand. The three-storey building includes [...]
SEOUL, May 23 (Korea Bizwire) – South Korean breweries are apparently seeking to jack up beer prices in the wake of hikes in “soju” liquor prices in November last year, according to industry figures Sunday. “(We) are considering price hikes internally,” an official at Oriental Brewery (OB) Co. said. “The specific rate and timing have [...]
SEOUL, Dec.23 (Korea Bizwire) – After the price of soju went up, consumers are waiting to see if beer prices will follow suit. Brewery officials made an official statement that they are not looking into price increases, even though there are factors that could be seen as justifying a bump in prices. OB Beer and [...]