Archive for March, 2013

MSA dispute resolution sees US tobacco manufacturers in credit

MSA dispute resolution sees US tobacco manufacturers in credit

| March 14, 2013

US tobacco manufacturers are due to receive huge credits in respect of their 10-year dispute over Master Settlement Agreement payments. Philip Morris USA said yesterday that the arbitration panel in the pending Non-Participating Manufacturer (NPM) adjustment proceeding had issued a Stipulated Partial Settlement and Award that would allow the settlement agreement reached in December to […]

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PMI declares quarterly dividend

PMI declares quarterly dividend

| March 14, 2013

The board of directors of Philip Morris International yesterday declared a regular quarterly dividend of $0.85 per common share, payable on April 12 to shareholders of record as of March 28. The ex-dividend date is March 26.

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Overseas orders the driving force for Germany-based Edelmann group

Overseas orders the driving force for Germany-based Edelmann group

| March 14, 2013

The Edelmann packaging group said yesterday that its 2012 turnover, at €233 million, was up slightly on that of 2011. The group said that growth was being driven by high order levels from outside its base in Germany. Five of its 12 production sites are located outside Germany and it remained convinced that its strategy […]

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Calantzopoulos new CEO of PMI

Calantzopoulos new CEO of PMI

| March 13, 2013

André Calantzopoulos has been appointed CEO of Philip Morris International. Calantzopoulos has served as PMI’s chief operating officer since the company’s spin-off in March 2008. Louis Camilleri, PMI’s previous CEO, will remain as chairman of the board and as an employee of the company. Since the spin-off, Camilleri and Calantzopoulos have worked closely together in their respective […]

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Reduce nicotine delivery levels to below addictive level, health advocate suggests

Reduce nicotine delivery levels to below addictive level, health advocate suggests

| March 13, 2013

A suggestion that the US Food and Drug Administration should require ‘nicotine content’ to be below addictive levels might reduce the number of addicted smokers in the long term, but it would be detrimental to smokers in the short term, according to Dr. Gilbert Ross, of the American Council on Science and Health. The suggestion […]

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Electronic cigarette company uses new products ‘to promote’ no smoking day

Electronic cigarette company uses new products ‘to promote’ no smoking day

| March 13, 2013

In a sign perhaps that battle lines are finally being drawn between traditional and electronic cigarettes, INCIG UK is today launching two premium-range electronic cigarette starter kits ‘to promote’ no smoking day. According to a press note issued through PRNewswire, INCIG claims to be the ‘most affordable alternative to cigarette smoking in the UK…’. Its […]

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Electronic cigarette company sponsoring Electric Lounge at Texas music festival

Electronic cigarette company sponsoring Electric Lounge at Texas music festival

| March 13, 2013

The electronic cigarette company, blu eCigs, is sponsoring the Electric Lounge at the SXSW Music Festival in Austin, Texas, which is due to take place on March 14 -16, according to a PRNewswire press note. The company said that it had revamped the venue inside and out, ‘bringing in diverse artists, leading sound providers and […]

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Weakened kwacha provides price-boost for Malawi’s Burley growers

Weakened kwacha provides price-boost for Malawi’s Burley growers

| March 13, 2013

Malawi tobacco growers were pleased on Monday with the opening of the 2013 tobacco marketing season as prices, buoyed by the weakening of the kwacha, looked good, according to a story by Dumbani Mzale for the Malawi Nation Online. In early sales, Burley fetched from US$0.90 per kg (K360) to US$2.30 (K880) per kg. Most […]

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Sales boosted by talk of price increases

Sales boosted by talk of price increases

| March 13, 2013

Talk of price increases has done wonders for cigarette sales in South Korea. According to a story by Yoo-jin Lee and Sun-ah Kim for the Maeil Business Newspaper, sales have risen rapidly at the country’s large-scale discount stores and convenience stores since the possibility of prices rises was first raised on Wednesday last week. This […]

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Bill aims to ban tobacco smoking in all of California’s multi-unit accommodation

Bill aims to ban tobacco smoking in all of California’s multi-unit accommodation

| March 12, 2013

People living in townhouses, condominiums and other attached units would be prohibited from tobacco smoking indoors under a ban proposed by a California state lawmaker, according to a story in the San Francisco Chronicle. The ban is said to comprise the most sweeping anti-tobacco-smoking legislative proposal in the US. The law would ban tobacco smoking […]

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Website names tobacco’s supporters

Website names tobacco’s supporters

| March 12, 2013

Two lung specialists have launched a website listing the names and jobs of people it says work for the tobacco industry lobby in the Netherlands, according to a DutchNews.nl story. The list includes health minister, Edith Schippers, described as the ‘minister of tobacco employers’, as well as several other prominent politicians. Schippers, an ex-smoker, relaxed […]

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Imperial clears rubbish, improves hygiene in Gabon-factory neighborhood

Imperial clears rubbish, improves hygiene in Gabon-factory neighborhood

| March 12, 2013

An initiative funded by Imperial Tobacco’s local business has seen the clearance of more than 120 tonnes of rubbish from a neighbourhood in the capital of Gabon. A lack of municipal waste collections together with fly-tipping had been creating a hygiene problem; so the company stepped in to help support the community near its factory […]

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PMI to webcast conference presentation

PMI to webcast conference presentation

| March 12, 2013

Philip Morris International is due to host a live audio webcast at www.pmi.com of its presentation to the Consumer Analyst Group of Europe (CAGE) conference in London, UK. The presentation will start about 10.15 hours local time on March 18. The webcast, which will be in listen-only mode, will provide audio of the presentation and […]

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New SM board member proposed

New SM board member proposed

| March 12, 2013

Wenche Rolfsen will be put forward by the nominating committee of Swedish Match for election as a new member of the company’s board. The election will take place during the annual general meeting on April 25. Rolfsen is said to have broad experience in the development, marketing and sales of health care and consumer products. […]

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E-Lites notches up another court victory in fight for soul of e-cigarettes

E-Lites notches up another court victory in fight for soul of e-cigarettes

| March 11, 2013

The UK based electronic cigarette company, E-Lites, has overturned an attempt by a European government to have electronic cigarettes classified as medical devices. The Administrative Court in Estonia last week found in favour of Zandera Ltd, owners of the E-Lites brand, and against the Estonian State Agency of Medicines. This decision comes at a time […]

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Hamshaw-Thomas joins E-Lites

Hamshaw-Thomas joins E-Lites

| March 11, 2013

Charles Hamshaw-Thomas has been appointment director of legal and corporate affairs at E-Lites, the UK-based electronic cigarette company. Hamshaw-Thomas has substantial senior executive experience as general counsel and corporate affairs director for some of the UK’s largest plc’s. He has extensive experience and knowledge of the political and regulatory environment surrounding smoking and tobacco. And, […]

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