itm banner

Author Archive: speccomm

rss feed

Turkmenistan bans tobacco sales

Turkmenistan bans tobacco sales

| January 15, 2016

The government of Turkmenistan has banned the sale of all tobacco products, reports the BBC. Shops caught selling cigarettes are facing fines of up to tmt6,900 ($1,680), according to Chrono-TM, an independent website operating from Vienna. The State Service for Protecting the Security of a Healthy Society, which previously focused on combating drugs, has been […]

Read More

Delfortgroup buys Mundet

Delfortgroup buys Mundet

| January 13, 2016

Delfortgroup has agreed to acquire all of the outstanding shares of the Mundet group. Mundet has manufacturing sites in Virginia and Tennessee in the United States and in Toluca, Mexico. The acquisition is subject to regulatory approval and is expected to close in the first quarter of 2016. With the acquisition of Mundet, Delfortgroup enhances […]

Read More

AR Packaging partners with Maju Jaya Sarana Grafika

AR Packaging partners with Maju Jaya Sarana Grafika

| January 11, 2016

ÅR Packaging Group and Maju Jaya Sarana Grafika have agreed to cooperate in the manufacture, procurement, sale and marketing in Indonesia of packages made out of cardboard or other materials in combination with cardboard. ”We are pleased with this agreement and look forward to a successful collaboration with Maju Jaya Sarana Grafika,” says Peter Aichhorn, […]

Read More

PMI and GPI discuss corporate split

PMI and GPI discuss corporate split

| January 6, 2016

Philip Morris International (PMI) is in talks with its Indian partner, Godfrey Philips India (GPI), for a possible splitting of GPI into two entities, with one focusing only on manufacturing and the other overseeing GPI brands, reports The Economic Times. Another option under consideration is a demerger of GPI into a real estate and a […]

Read More

BAT Korea appoints new CEO

BAT Korea appoints new CEO

| December 30, 2015

Erik Stoel has been appointed CEO of British American Tobacco Korea, effective Jan. 1. He succeeds Guy Meldrum who has been transferred as head of BAT Australasia. “Over the past three years, in his role as marketing director of BAT Korea, Mr. Stoel has made a substantial contribution to the company by strengthening the company’s […]

Read More

Board changes at Hauni

Board changes at Hauni

| December 17, 2015

Juergen Spykman will become deputy chairman of Hauni Machinenbau’s executive board effective Jan. 1. In April he will succeed acting CEO Christopher Somm. Somm will then focus exclusively on his group executive board responsibilities. Somm will remain responsible for the company’s Business Area Tobacco and for Corporate Center Strategic Marketing and Sales. He will also […]

Read More