Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Bruxelles  >  Anheuser-Busch InBev    ABI   BE0974293251

ANHEUSER-BUSCH INBEV

(ABI)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Beer suds to soap suds: waste alcohol finds use in green detergent

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/27/2019 | 07:13am EST
A worker inspects beer fermentation vats at Anheuser-Busch InBev brewery in Leuven

LEUVEN, Belgium (Reuters) - The next time you wash your dishes, you could find yourself up to your elbows in soap suds spiked with leftover alcohol, if the world's largest brewer and a environmentally friendly detergent firm have their way.

Growing interest in alcohol-free lager, driven by demand for healthier drinks, had left Anheuser-Busch InBev
with a problem - what to do with all the alcohol sucked out of its beer. (https://reut.rs/2OKCxlQ)

So it sealed a deal with Belgium-based Ecover to create a dishwashing liquid with a quarter of its content derived from the zero-alcohol versions of the Leffe and Jupiler beer brands.

"The brewery was asking us what can we do with the alcohol, because it's piling up, it's a large quantity, that's why we were looking for partners," AB InBev's innovation and technology director for Europe, David De Schutter, told Reuters.

The company said its brewing facility in Leuven - Europe's largest with a maximum capacity of 1.2 billion litres of beer a year - could extract alcohol and it planned to spread the practice worldwide.

The residual alcohol, which serves as the active cleaning and preservative component, is extracted, cleaned and sent to Ecover for use in its "Too Good to Waste" detergent.

AB InBev said it was looking at ways to re-use other waste. Spent grains may be the next big thing.

Most of the 1.3 million tonnes it produces per year worldwide is currently used as cattle feed. But it said it had potential partners in the pipeline and was looking into turning it into a plant-based meat substitute for humans.

(This story corrects to show that 1.2 bln litres is maximum capacity of brewery, not of alcohol extraction process).

(Editing by Philip Blenkinsop and Andrew Heavens)

By Marine Strauss and Jorrit Donner-Wittkopf

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ANHEUSER-BUSCH INBEV
07:57aINTERNATIONAL BREWERIES : opens N164b rights issue
AQ
05:45aXMREALITY PUBL : International Brewing Company selects XMReality
AQ
12/02ANHEUSER BUSCH INBEV : Belgian lawyer accused in Swiss court of laundering famil..
RE
11/28A union between Orange and Deutsche Telekom?
11/28Nestle, Unilever, AB InBev Call For EU Laws on Zero-Emission Vehicles
DJ
11/27EXCLUSIVE : AB Inbev explores options for packaging ops - sources
RE
11/27BEER SUDS TO SOAP SUDS : waste alcohol finds use in green detergent
RE
11/26Alibaba's Hong Kong shares rise 6.6% on debut in heavy volume
RE
11/26Alibaba's Hong Kong shares rise 6.6% on debut in heavy volume
RE
11/25Alibaba Shares Gain on Hong Kong Debut
DJ
More news
Financials (USD)
Sales 2019 53 160 M
EBIT 2019 17 229 M
Net income 2019 9 979 M
Debt 2019 91 718 M
Yield 2019 2,54%
P/E ratio 2019 15,6x
P/E ratio 2020 17,1x
EV / Sales2019 4,61x
EV / Sales2020 4,22x
Capitalization 154 B
Chart ANHEUSER-BUSCH INBEV
Duration : Period :
Anheuser-Busch InBev Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANHEUSER-BUSCH INBEV
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 96,38  $
Last Close Price 78,40  $
Spread / Highest target 54,3%
Spread / Average Target 22,9%
Spread / Lowest Target -22,5%
EPS Revisions
Managers
NameTitle
Carlos Alves de Brito Chief Executive Officer
Martin J. Barrington Chairman
Luis Felipe Pedreira Dutra Leite Chief Financial & Solutions Officer
William F. Gifford Non-Executive Director
Marcel Herrmann Telles Director
Sector and Competitors
1st jan.Capitalization (M$)
ANHEUSER-BUSCH INBEV22.50%154 742
AMBEV S.A.20.03%70 073
HEINEKEN B.V.23.06%60 288
HEINEKEN HOLDING18.64%28 079
ASAHI GROUP HOLDINGS, LTD.22.62%21 807
CARLSBERG A/S43.63%21 469