AUSTRALIA: Technology could cut water used on vines in half
As well financial cost savings, the technology could be an enormous boost to a continent often - as now - plagued by drought.
The technology uses sub-surface drip irrigation to reduce evaporation and a technique which provokes a growth hormone which makes the vine respond as if it is receiving more water than is being delivered.
The technology has been developed by Orlando Wyndham, part of the Pernod Ricard Group which has the Jacob's Creek brand, and the South Australian Research and Development Institute.
Researchers say the landmark technology promises an annual saving of 250 gigalitres for Australia's viticulture industry, nearly half of current total use.
As Pernod Ricard, Allied Domecq and Fortune Brands close in on the biggest drinks industry deal since the sale of Seagram, opinion about how the deal will be structured and who stands to win and lose ...
Maxxium Worldwide could come under pressure if Pernod and Fortune's Allied Domecq bid is successful, according to press reports today (14 April)....
It's been a quiet day on the Pernod/Allied Domecq front....
Conflicting reports circulated this weekend over whether Bacardi International is looking to form a counter-bid for Allied Domecq....
Todays press reports into Pernod and Fortune's hopes to buy Allied Domecq warn of possible conflicts and set a date for completion....
Pernod Ricard and Fortune Brands are considering a US$13 billion bid for Allied Domecq, the world's second-largest spirits company. Were it to take place, Pernod and Fortune would split Allied's brand...
Pernod Ricard and Fortune Brands are hoping to buy Allied Domecq for around 670p per share, according to press reports....
The US consumer goods group Fortune Brands has confirmed it is in talks about launching a joint bid with Pernod Ricard for Allied Domecq....
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