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Archive for April, 2013

Altria plans e-cig sales, Marlboro demand falls

Altria plans e-cig sales, Marlboro demand falls

April 25, 2013 | Comments (0)

Altria Group, the largest seller of tobacco in the U.S., plans to introduce an e-cigarette this year, chasing smaller rivals as demand for traditional smokes declines. The e-cigarette will be sold in an undisclosed market starting in the second half of 2013, Richmond, Virginia-based Altria said today in a statement. The company declined to provide […]

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IMHA urges brand protection

IMHA urges brand protection

April 25, 2013 | Comments (0)

The trade body representing the global hologram industry is urging organisations to review and if necessary redouble their brand protection and authentication strategies to stem the “hemorrhage” of counterfeit goods flowing out of china. That’s the stark message from the International Hologram Manufacturers Association (IHMA) which was commenting on a new UN report that says […]

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UK campaigners condemn 'sexist' study on plain packaging

UK campaigners condemn ‘sexist’ study on plain packaging

April 25, 2013 | Comments (0)

Campaigners in the U.K. opposed to plain packaging of tobacco have described as “sexist” a study that says young female smokers get less satisfaction and less enjoyment from smoking cigarettes that come in plain, standardized packs. Hands Off Our Packs campaigner Angela Harbutt, a smoker, said, “The idea that plain packaging will have a greater […]

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E-cigarettes could turn kids into smokers, health department says

E-cigarettes could turn kids into smokers, health department says

April 25, 2013 | Comments (0)

The Philippine health department warned the public on April 12 against e-cigarettes, saying the tobacco substitute could turn children into smokers. E-cigarettes have been gaining favor among Filipinos as higher tobacco taxes make smoking more expensive, according to a story in the Manila Times. Food and Drug Administration director-general Kenneth Hartigan-Go disputed what he said were […]

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Indonesia: Cigarette makers blame costs for lower profits

Indonesia: Cigarette makers blame costs for lower profits

April 25, 2013 | Comments (0)

Cigarette manufacturers in Indonesia blamed higher production costs and currency fluctuations for the slow-down in their business throughout 2012. Revenues at PT Gudang Garam increased by 17.1 percent to reach IDR49.03 trillion ($5 billion). However, their spending also increased, jumping 25.6 percent to IDR39.84 trillion. The higher spending and losses from currency fluctuations ultimately saw […]

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TTM wary of decreasing market share

TTM wary of decreasing market share

April 25, 2013 | Comments (0)

The Thailand Tobacco Monopoly (TTM) has gradually lost market share to imported cigarettes since the country lifted the tax barrier two decades ago, says director-general Torsak Chotimongkol. Local cigarettes still claim 76 percent of the market, but foreign cigarettes are likely to gain one percentage point to 25 percent by the end of this year, according to […]

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Vietnam's anti-smoking law to take effect May 1

Vietnam’s anti-smoking law to take effect May 1

April 25, 2013 | Comments (0)

Vietnam’s law on the prevention and control of smoking takes effect on May 1, 2013, according to the Health Ministry, according to a story in VietnamPlus. The law, with five chapters and 35 clauses, regulates measures aimed to reduce the demand for tobacco, control supply and prevent tobacco harm, said the ministry at a conference in […]

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China: HongyunHonghe launches cigarette-processing unit in Africa

China: HongyunHonghe launches cigarette-processing unit in Africa

April 25, 2013 | Comments (0)

HongyunHonghe Tobacco Group, in southwest China’s Yunnan Province, recently launched its cigarette-processing unit for Africa at the Walvis Bay port in Namibia. The project is intended to produce HongyunHonghe’s Yunyan, Honghe, Honghe and Honghe brands for sale in Africa. The annual production capacity of the unit could reach 1 billion cigarettes.

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TIMB report: nearly $300 million in sales of golden leaf

TIMB report: nearly $300 million in sales of golden leaf

April 25, 2013 | Comments (0)

The Tobacco Industry and Marketing Board (TIMB) has recorded close to $300 million from the sales of the golden leaf as more farmers deliver their crop to the country’s three auction floors, according to a story by Zimbabwe’s NewsDay. TIMB shows that as of Wednesday (Day 44), revenue had reached $289 million from 77,787 million […]

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Lorillard's 1Q profit up 47 pct on higher pricing, e-cig sales, lower costs

Lorillard’s 1Q profit up 47 pct on higher pricing, e-cig sales, lower costs

April 25, 2013 | Comments (0)

Lorillard’s first-quarter profit jumped 47 percent as higher prices, e-cigarette sales and lower legal expenses from a longstanding legal settlement offset a decline in traditional cigarette sales. The nation’s third-biggest tobacco company on Wednesday reported earnings of $328 million, or 86 cents per share, for the period ended March 31, up from $223 million, or […]

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