Archive for July, 2013

Video interview: BAT CEO Durante on 2013 half-year results

Video interview: BAT CEO Durante on 2013 half-year results

| July 31, 2013

This video was originally published by Mercantos Investor Video, a provider of financial news, featuring video interviews and webcasts from FTSE100 and FTSE250 companies.

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BAT’s volume down in first six months

BAT’s volume down in first six months

| July 31, 2013

British American Tobacco’s cigarette volume during the six months to the end of June, at 332 billion, was down by 3.4 percent on that of the six months to the end of June 2012. Volume was increased in the company’s Asia Pacific region by 5.5 percent to 100 billion, but it was down in its […]

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Retiring BAT COO will not be replaced

Retiring BAT COO will not be replaced

| July 31, 2013

John Daly will step down as British American Tobacco’s chief operating officer at the end of December and will not be replaced. “It is not intended, at this point in time, to appoint a further executive director or successor to the role of chief operating officer,” a note on BAT’s website said. “The four regional […]

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Ireland’s illicit trade booming

Ireland’s illicit trade booming

| July 31, 2013

The National Federation of Retail Newsagents (NFRN) in Ireland is advising the government to tackle the sale of illicit cigarettes, according to a story in the Irish Examiner. The story said that a new [unspecified] survey had shown that almost 28 percent of discarded packs across the country were untaxed and, therefore, illicit. The survey, […]

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Proposal would see some tobacco excise earmarked for Russia’s health care

Proposal would see some tobacco excise earmarked for Russia’s health care

| July 31, 2013

President Vladimir Putin has urged Russia’s health and finance ministries to devise a scheme for channeling a portion of tobacco excise revenue to the health-care sector, according to a story in Russia Beyond The Headlines quoting an Interfax report. The idea was said to have been proposed by Health Minister Veronika Skvortsova and the Astrakhan […]

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BAT launches e-cigarette in UK

BAT launches e-cigarette in UK

| July 30, 2013

British American Tobacco said today that it had launched on the U.K. market its first electronic cigarette. Vype will be made available initially online, though there are plans to move it into mainstream retail outlets from September 2013. In a note posted on its website, BAT said that Vype used a nicotine e-liquid that was […]

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Volume down at JT (slightly) and JTI

Volume down at JT (slightly) and JTI

| July 30, 2013

Japan Tobacco Inc.’s volume cigarette sales during the three months to the end of June, at 29.3 billion, were down by 0.2 percent on those of the three months to the end of June 2012. Comparing the same periods, industry volume was said to have declined by 2.0 percent; so JT’s market share increased from […]

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Japan’s smoking prevalence falls

Japan’s smoking prevalence falls

| July 30, 2013

A study conducted in May has put the prevalence of smoking among Japanese adults at 20.9 percent, down 0.2 of a percentage point on that of a year earlier. Smoking among men was down by 0.5 of a percentage point to 32.2 percent, while smoking among woman was up by 0.1 of a percentage point […]

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FOREST launches campaign against proposed EU directive diversions

FOREST launches campaign against proposed EU directive diversions

| July 30, 2013

The U.K. smokers’ lobby group FOREST has launched a campaign to fight an EU directive that will ban tobacco products that are currently legal and severely restrict consumer choice. In announcing its latest initiative, FOREST said the No Thank EU campaign would give retailers and consumers the opportunity to register their opposition to the proposed […]

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Regional smokeless tobacco ban sought

Regional smokeless tobacco ban sought

| July 29, 2013

Representatives of 10 South and Southeast Asian countries attending an anti-tobacco meeting in Delhi, India, have called for a ban on smokeless forms of tobacco, according to an Indo-Asian News Service story. The representatives, from Bangladesh, Bhutan, India, Indonesia, the Maldives, Myanmar, Nepal, Sri Lanka, Thailand and Timor-Leste (East Timor), were attending a regional meeting […]

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Growth of China’s luxury market seen as opportunity for Indonesian cigar tobacco

Growth of China’s luxury market seen as opportunity for Indonesian cigar tobacco

| July 29, 2013

An Indonesian company looking to boost its non-sugar revenues sees cigar tobacco as its ticket into the Chinese market for luxury goods, according to a story in The Jakarta Globe. Perkebunan Nusantara X (PTPN X), which is the country’s largest sugar producer, spotted an opportunity to expand its tobacco arm after exports were 44 percent […]

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Mayoral campaign targets menthol

Mayoral campaign targets menthol

| July 29, 2013

Chicago Mayor Rahm Emanuel has asked the Chicago Board of Health and the Chicago Department of Public Health (CDPH) to undertake a series of initiatives aimed at curtailing the use of menthol cigarettes by young people in Chicago, according to a press note issued by the Campaign for Tobacco-Free Kids (CTFK) through PRNewswire. The board […]

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Smokers not risk takers by nature

Smokers not risk takers by nature

| July 29, 2013

Researchers in Israel have shown that smoking results from an inability to delay satisfaction and consider long-term effects, rather than from a heightened capacity for risk taking, according to a story by John Ericson in the Medical Daily. The researchers, from the Hebrew University of Jerusalem and the Technion-Israel Institute of Technology, set out to […]

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Champix class action certified in Canada

Champix class action certified in Canada

| July 29, 2013

The Ontario Superior Court has certified a class action for Canadians who took the quit-smoking drug Champix between April 2, 2007, and May 31, 2010, and allegedly suffered certain reactions, according to a press note issued by Canadian law firm Bruneau Group Inc. through PRNewswire. The reactions listed in the press note were thoughts about […]

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Lorillard’s cigarette shipments down

Lorillard’s cigarette shipments down

| July 26, 2013

Lorillard’s domestic-market wholesale cigarette shipments during the three months to the end of June, at 10,262 million, were down by 1.9 percent on those of the second quarter of 2012, at 10,461 million. Shipments of Newport were down by 1.3 percent to 8,693 million, while shipments of Kent and True, Lorillard’s other full-price brands, were […]

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PM to build RYO factory in Poland

PM to build RYO factory in Poland

| July 26, 2013

Philip Morris Polska said yesterday that it planned to invest more than PLN150 million (about US$50 million) in building a new facility for the production of fine-cut tobacco for roll-your-own cigarettes. The facility, which will include offices, is to be built in the Małopolska region of Poland. “The investment is expected to create close to […]

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JT refines its earthquake relief provisions for three worst-hit prefectures

JT refines its earthquake relief provisions for three worst-hit prefectures

| July 26, 2013

As part of its initiatives aimed at supporting the reconstruction of areas affected by the great East Japan earthquake in March 2011, Japan Tobacco Inc. is due to launch its JT Reconstruction Support Project, which will provide assistance to the three prefectures most affected by the earthquake: Iwate, Miyagi and Fukushima. In a note posted […]

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Cigarette volume down but moist snuff volume up at Reynolds American

Cigarette volume down but moist snuff volume up at Reynolds American

| July 25, 2013

R.J Reynolds Tobacco’s domestic cigarette volume during the three months to the end of June, at 17.0 billion, was 6.0 percent down on that of the three months to the end of June 2012. Pall Mall volume was up by 0.5 percent to 5.6 billion, Camel volume was down by 0.9 percent to 5.5 billion, […]

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E-cigarette tax hike abandoned—for now

E-cigarette tax hike abandoned—for now

| July 25, 2013

The Italian government has abandoned a proposed tax hike on electronic cigarettes after fierce opposition from shop owners and consumers, according to a story in The Local Europe, quoting La Stampa. Campaigners successfully argued that the 58.5 percent increase would have threatened about 5,000 jobs and the 2,000 electronic cigarette shops that have opened in […]

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Ice-like menthol sensation retained

Ice-like menthol sensation retained

| July 25, 2013

Japan Tobacco Inc. said today that it is redesigning the packaging of its Pianissimo Icene Crista and Pianissimo Icene Gracia cigarettes. The new designs are due to be rolled out across Japan from late August. The Pianissimo Icene brand, which is described as having a smooth taste and delivering a refreshingly ice-like menthol sensation, is […]

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Web exclusives

Discussing challenges

Discussing challenges

Tobacco growers convene in Indonesia.

| April 2, 2018
The promise of heated tobacco

The promise of heated tobacco

Peter Nixon, PMI’s U.K. and Ireland MD, praises England’s progressive approach to new technologies.

| February 28, 2018
Celebrating cigars at Puro Sabor

Celebrating cigars at Puro Sabor

Five days of factory tours, farm visits, recreational activities and many, many cigars.

| February 5, 2018
Farmers concerned

Farmers concerned

The ITGA worries about slumping demand for leaf tobacco and a lack of alternative crops

| November 2, 2017
Their fair share

Their fair share

Tobacco growers deserve better

| November 1, 2017
Lease on life

Lease on life

Industry leaders respond to the FDA’s new attitude toward vapor products.

| October 1, 2017
The Vype Dossier

The Vype Dossier

Proving the reduced-risk potential of an e-cigarette

| October 1, 2017

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From the leaf lands

Grading system questioned

Grading system questioned

The grading system in Malawi, where yet again leaf tobacco prices are favoring buyers, is said to leave a lot to be desired.

| April 17, 2018
Prices dip to US$0.80 per kg

Prices dip to US$0.80 per kg

Malawi’s tobacco sales season got off to an awful start on Monday with some prices well below a dollar a kg, which far from reflected the work that had gone into producing the leaf.

| April 10, 2018
Prices increased in India

Prices increased in India

The prices paid to flue-cured tobacco growers are up in both Andhra Pradesh, where the selling season has just started, and in Karnataka, where it is about to close.

| April 10, 2018
Flue-cured prices increased

Flue-cured prices increased

By the end of the first nine days of sales on Zimbabwe’s 2018 flue-cured tobacco market, the average grower price was up sharply on that of the 2017 season.

| April 9, 2018
Cry for action on child labor

Cry for action on child labor

Human Rights Watch says that children in Zimbabwe are working under hazardous conditions on tobacco farms to earn money for the necessities of life.

| April 6, 2018
Tariff threats ‘troubling’

Tariff threats ‘troubling’

It is often the cry of businesses and industries that ‘change’ should be warmly embraced because it leads to new opportunities. But change trade tariffs and the reaction is different.

| April 5, 2018

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