Record year for tequila as production and exports reach all-time high

The tequila industry enjoyed record levels of production and exports in 2020, according to the Consejo Regulador del Tequila (CRT).

Chinese alcohol industry suffers 8.6% revenue drop

China’s alcoholic drinks production sector decreased by 8.6% to 249.7 billion yuan ($35.2 billion) in the first four months of 2020, according to new government figures.

Austrian wine exports set a record

Exports of Austrian wine by value have exceeded estimates as a result of higher prices and a decline in bulk wine.

Irish Distillers confirms £100m expansion

Irish Distillers Pernod Ricard has confirmed it will spend €100m on the 2012 expansion of its Midleton Single Distillery, the site where Jameson is produced.

Heineken buys two Ethiopian breweries

Africa: Heineken has purchased two breweries in Ethiopia for a total of US$163 million. 

Chile: Colchagua Valley wineries lose 25 million litres in earthquake

Chile: The Asociación de Viñas de Colchagua and the Colchagua Valley Wine Route have estimated a loss of 25 million litres of wine as a result of the earthquake.