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Archive for November, 2012

Indonesian flue-cured prices decimated as growers face production cost increase

Indonesian flue-cured prices decimated as growers face production cost increase

November 15, 2012 | Comments (0)

Tobacco growers in the West Nusa Tenggara province of Indonesia say that low demand and declining prices for flue-cured are threatening their livelihoods, according to a story in The Jakarta Post. The farmers, who are expecting to make big losses on this year’s harvest, are asking the provincial administration to intervene in the market. The […]

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Leaf plantings and prices set for 2013

Leaf plantings and prices set for 2013

November 15, 2012 | Comments (0)

Japan’s 2013 leaf tobacco crop will be grown on 9,245 ha, down by 134 ha or 1.4 per cent on that of this year. The flue-cured production area will be 5,926 ha, down by 51 ha or 0.8 per cent; the Burley production area will be 3,291 ha, down by 82 ha or 2.4 per […]

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Seoul looks to become ‘smoke-free’

Seoul looks to become ‘smoke-free’

November 15, 2012 | Comments (0)

Tobacco smoking is expected to be banned in all restaurants and other public facilities in Seoul by 2020 as the city seeks to make the metropolis ‘smoke-free’, according to a story in The Korea Times. Seoulis currently playing host to the fifth meeting of the parties to the World Tobacco Organization’s Framework Convention on Tobacco […]

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RAI to make Hurricane Sandy donation

RAI to make Hurricane Sandy donation

November 15, 2012 | Comments (0)

Reynolds American Inc. says that the Reynolds American Foundation will donate $140,000 to the American Red Cross to help provide relief to victims of Hurricane Sandy, which hit the east coast of theUS at the end of last month. ‘Recovery efforts continue in the areas affected by the storm and all seven chapters of the […]

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World’s cigarette volume roughly stable through 2015, says PMI chief

World’s cigarette volume roughly stable through 2015, says PMI chief

November 14, 2012 | Comments (0)

The international (excluding China) tobacco industry cigarette volume forecast through 2015 ranges from stable to a continued modest annual decline of up to 1.3 per cent, according to Philip Morris International’s chairman and CEO, Louis Camilleri. Addressing investors yesterday at the Morgan Stanley Global Consumer & Retail Conference inNew   York, Camilleri said that PMI […]

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EU tobacco products directive would be new commissioner’s top priority

EU tobacco products directive would be new commissioner’s top priority

November 14, 2012 | Comments (0)

EU health commissioner-designate Dr. Tonio Borg, has said that his top priority as health commissioner would be to forward a revised version of the EU’s tobacco products directive for inter-service consultation in January 2013, according to a story in the Malta Star, relayed by the TMA. Borg was speaking yesterday before the European Parliament at […]

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Bulgaria’s growers threaten to call a crop holiday over poor opening prices

Bulgaria’s growers threaten to call a crop holiday over poor opening prices

November 14, 2012 | Comments (0)

Bulgaria’s National Association of Tobacco Growers has threatened to declare a ‘zero year’ if buying companies don’t increase tobacco prices, according to a Novinite story relayed by the TMA. A zero year is presumably a year when no tobacco is produced. Growers in Andhra  Pradesh, India, employed such a tactic about 10 years ago when […]

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Plain packaging threatens Dominican Republic’s hard-fought premium position

Plain packaging threatens Dominican Republic’s hard-fought premium position

November 14, 2012 | Comments (0)

The Dominican Republic has requested the establishment of a panel under the dispute settlement procedures of the World Trade Organization to consider a challenge toAustralia’s plain packaging measures for tobacco products, according to a Marketwire report. The country’s representatives have asked that this request be included on the agenda of the WTO Dispute Settlement Body […]

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Reprieve for duty-free tobacco sales but sector is under notice from FCTC

Reprieve for duty-free tobacco sales but sector is under notice from FCTC

November 14, 2012 | Comments (0)

Duty-free tobacco sales were given a reprieve yesterday with the adoption of an international illicit trade protocol that did not include a ban on such sales, according to a story by Nicole Mezzasalma for DFNI. The protocol, which does call for further scrutiny of these sales in the future, was adopted at the fifth Conference […]

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Lorillard declares 3-for-1 stock split

Lorillard declares 3-for-1 stock split

November 14, 2012 | Comments (0)

Lorillard said yesterday that its board of directors had declared a three-for-one split of Lorillard common stock. The stock split, it added, would be effected through a 200 per cent stock dividend. “Since becoming an independent publicly traded company in 2008, Lorillard has consistently grown its business and financial results, and those results have largely […]

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