Rising fuel costs drive up brewing costs in Asia, Heineken says

79

Rising fuel costs triggered by the Iran war are pushing up Heineken NV’s brewing costs in Asia, according to Asia-Pacific President Jacco van der Linden.

“We see that coming through in our input costs, predominantly in Asia,” he said in an interview with Bloomberg TV on Monday. “In Asia, we’re more dependent on oil coming from the Middle East and the reserves are somewhat smaller.”