Industry Update.

The article reports on global developments related to beverage industry. Lion Nathan Ltd., Australia's second-biggest brewer, has reported a 10 percent rise in net earnings for the first half of fiscal 2006. Belu, an England-based mineral water company, has developed a method of producing plastic bottles using a 100 percent renewable resource. California-based Walt Disney Co. has joined forces with Cott Corp. to launch a range of bottled water and fruit drinks for children.