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Lebanon inaugurates new state-owned tobacco plant

Lebanon inaugurates new state-owned tobacco plant

| May 21, 2015

Lebanon’s Finance Minister Ali Hasan Khalil on Tuesday inaugurated a $17-million tobacco factory that could help increase Regie Company revenues by $40 million a year, according to a story in The Daily Star. When the factory, which is located in Hadath, starts production in June, it will boost the state-owned company’s cigarette-production capacity from 12,000 […]

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Iggesund’s US expansion points to global ambitions

Iggesund’s US expansion points to global ambitions

| May 21, 2015

Iggesund Paperboard is expanding its distribution in the US by making its flagship product, Invercote, available coast to coast. ‘Increasing interest in Invercote’s unique properties from brand owners on the West Coast, and some key new business acquisitions made expanding west a natural next step,’ the company said in a press note. ‘ Iggesund Paperboard […]

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Altria shareholders vote down farm labor issues

Altria shareholders vote down farm labor issues

| May 21, 2015

At the Altria Group’s Annual Meeting of Shareholders yesterday, shareholders voted to defeat three stockholder proposals that had urged the company to take action on farm labor issues and tobacco use among the poor, according to a story by John Reid Blackwell for the Richmond Times-Dispatch. The company’s board of directors had opposed the proposals. […]

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Leaf oversupply situation might be extended

Leaf oversupply situation might be extended

| May 20, 2015

Global leaf tobacco inventories are high and might ‘have the effect of extending the duration of the oversupply conditions’, according to George C. Freeman, III, chairman, president, and CEO of Universal Corporation. Commenting on Universal’s fourth quarter and full-year results, Freeman said he was pleased with the results the company had achieved, given fiscal year […]

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JT aiming to make Winston No.1 through accretion

JT aiming to make Winston No.1 through accretion

| May 20, 2015

Japan Tobacco Inc. says that its Cabin and Caster cigarettes are to be ‘integrated’ with its Winston brand as part of the company’s mid- to-long term strategy of making Winston the global No.1 brand. Winston is one of the company’s Global Flagship Brands and, while Cabin and Caster will each retain their original taste and […]

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US city considers tobacco retail bans and restrictions

US city considers tobacco retail bans and restrictions

| May 20, 2015

A US city council has passed the first reading of a proposed measure to restrict severely retail sales of tobacco and related products, according to an Associated Press story relayed by the TMA. The proposed measure by the council of Sonoma, California, would ban new businesses from selling cigarettes, cigars, smokeless tobacco and certain other […]

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