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Nepal seeks big rise in tobacco revenue

Nepal seeks big rise in tobacco revenue

| July 16, 2013

The Nepalese government is looking to increase excise duty collection on tobacco products by 23 percent during fiscal year 2013-2014, according to a story in Republica. In its 2013-2014 budget brought down on Sunday, the government said it expected to raise RS6.82 billion from excise duty on tobacco products during the year. During the 2012-2013 […]

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Standardized packs decision under fire

Standardized packs decision under fire

| July 16, 2013

The U.K. government is coming under heavy fire for abandoning—for the time being at least—the idea of introducing standardized tobacco packaging. The government put the matter out to public consultation and, following that consultation, decided to await the outcome of Australia’s pioneering adoption of standardized packaging. Quoting the government’s summary report of the public consultation, […]

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EU directive revisions threaten jobs, the economy and tax revenues

EU directive revisions threaten jobs, the economy and tax revenues

| July 15, 2013

The European economic and social committee (EESC) has said that changes to the EU’s Tobacco Products Directive proposed by the European Commission would have serious consequences for jobs, the economy and tax revenues. The committee adopted an opinion on the commission’s review of the directive following what was described as a heated debate at its […]

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EU directive revisions threaten market stability, grower incomes and taxes

EU directive revisions threaten market stability, grower incomes and taxes

| July 15, 2013

The revisions to the EU Tobacco Products Directive, as endorsed by the environment, public health and food safety committee, would ban almost 38 percent of Poland’s current cigarette sales, according to a Polish News Bulletin story. The new directive is due be decided upon at a plenary session of the EU parliament in September, but, […]

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Pack campaigners delighted—for a while

Pack campaigners delighted—for a while

| July 15, 2013

Campaigners in the U.K. who opposed the introduction of standardized tobacco packaging are celebrating following the government’s announcement that it has abandoned—for the time being—moves to introduce such packaging. “We are delighted,” said Hands Off Our Packs campaigner Angela Harbutt. “The government conducted a public consultation on plain packaging in 2012 and half a million […]

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EU countries waiting on Australian tobacco packs verdicts

EU countries waiting on Australian tobacco packs verdicts

| July 15, 2013

If Australia wins the international litigation on plain packaging of cigarettes, countries of the EU will probably follow its example, according to a Baltic Business Daily story quoting European Commissioner for Health Tonio Borg. “I believe that, if Australia wins the international litigation, more European states will declare their intention to introduce plain packaging,” Borg […]

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New filter maker from Molins

New filter maker from Molins

| July 15, 2013

Molins Tobacco Machinery has developed a new filter making machine, the Forte. While retaining the familiar layout and footprint of previous machines, the Forte has been completely improved and upgraded, according to Molins, “to set the standard for filter rod production for the future.” New features include a touchscreen control panel that constantly feeds information […]

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EU committee vote on e-cigarettes out of line with public health aims

EU committee vote on e-cigarettes out of line with public health aims

| July 12, 2013

The European Parliament’s environment, public health and food safety committee has voted to back the European Commission’s proposal to classify electronic cigarettes as medicinal products. For many people, this proposal is the most health-negative of the raft of proposed revisions to the Tobacco Products Directive put forward by the commission at the end of last […]

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JTI’s domestic volume down in June

JTI’s domestic volume down in June

| July 12, 2013

Japan Tobacco Inc.’s domestic cigarette sales volume during June, at 9.5 billion, was down by 4.2 percent on its June 2012 volume, 9.9 billion, which itself was up by 10.7 percent on that of June 2011, according to preliminary figures issued by the company today. Volume during April-June, at 29.3 billion, was down by 0.2 […]

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PMI to host results webcast

PMI to host results webcast

| July 12, 2013

Philip Morris International Inc. is due to host a live audio webcast at www.pmi.com/webcasts starting at 9 a.m. Eastern Time on July 18 to discuss its 2013 second-quarter results, which will be issued about 7 a.m. on the same day. During the webcast, which will be in listen-only mode, CFO Jacek Olczak will discuss the company’s […]

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Lorillard to host results conference call

Lorillard to host results conference call

| July 12, 2013

Lorillard is due to host a conference call for analysts and investors from 09.00 hours on July 25, after it has announced its second-quarter 2013 results. The conference call will be hosted by Chairman, President and CEO Murray S. Kessler and Executive Vice President, Finance and Planning, and CFO David H. Taylor. The conference call […]

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Reynolds declares dividend

Reynolds declares dividend

| July 12, 2013

Reynolds American Inc.’s board of directors has declared a quarterly cash dividend on the company’s common stock of $0.63 per share ($2.52 per share annualized). The dividend will be payable on Oct. 1 to shareholders of record on Sept. 10. In announcing the dividend, RAI said it was the 37th consecutive quarterly cash dividend that […]

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Claims of substantial progress in tobacco control look like smoke screen

Claims of substantial progress in tobacco control look like smoke screen

| July 11, 2013

A recent report claims that “substantial progress” has been made in global tobacco control since the adoption of the World Health Organization’s Framework Convention on Tobacco Control (FCTC) 10 years ago. This is despite the fact that the conclusions to the report’s executive summary admit that two-thirds of the world’s population are not fully protected […]

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Tobacco taste: it’s all in the mind’s eye

Tobacco taste: it’s all in the mind’s eye

| July 11, 2013

The introduction of standardized tobacco packs in Australia has caused some smokers to complain that the cigarettes inside taste worse than they did previously, according to a piece by Matt Siegel in The New York Times. Since Dec. 1, Australia has required that all tobacco products be sold in packaging designed on behalf of the […]

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Some older smokers given short reprieve

Some older smokers given short reprieve

| July 11, 2013

A computer glitch involving the U.S.’ new health-care law might mean that some smokers next year won’t bear the full cost of tobacco-user penalties that would have made their premiums much higher than those of nonsmokers, according to a blog by Anne Carrns in The New York Times, quoting an Associated Press report. The Obama […]

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RAI to webcast second-quarter results

RAI to webcast second-quarter results

| July 11, 2013

Reynolds American Inc. is due to host a webcast and conference call following the release of its second-quarter 2013 financial results before the market opens on July 24. The webcast, at www.reynoldsamerican.com, and the conference call, on (877) 390-5533 (toll-free) and (678) 894-3969 (international), which will be in listen-only mode, are due to begin at […]

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Virtually no evidence supporting need for smoking bans at beaches, parks

Virtually no evidence supporting need for smoking bans at beaches, parks

| July 10, 2013

It will not come as much of a surprise to many tobacco people, but the evidence supporting the need to ban smoking on beaches or in parks is virtually nonexistent, according to Ronald Bayer, a professor at Columbia University’s Mailman School of Public Health. Speaking on PBS (Public Broadcasting Service television) about an article in […]

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BAT and Imperial downgraded on basis of electronic cigarette growth

BAT and Imperial downgraded on basis of electronic cigarette growth

| July 10, 2013

Analysts at Canaccord Genuity have downgraded their recommendations on British American Tobacco and Imperial Tobacco because of the growth in sales of electronic cigarettes, according to a piece by Nick Fletcher in The Guardian, quoting Canaccord’s Eddy Hargreaves and Alicia Forry. The analysts were quoted as saying that they believed electronic cigarettes would prove to […]

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Gutkha ban extended to Puducherry

Gutkha ban extended to Puducherry

| July 10, 2013

India’s Union Territory of Puducherry, formerly Pondicherry, has banned the sale, storage, distribution and manufacture of the chewing tobacco products gutkha and pan masala for one year, according to a story in the latest issue of the BBM Bommidala Newsletter. The banning order, made under the provisions of the Food Safety and Standards Act 2006, […]

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Iggesund offers e-commerce sales in US

Iggesund offers e-commerce sales in US

| July 10, 2013

Iggesund Paperboard is launching an e-commerce system in the U.S. for the direct sale of Invercote board with payment by credit card and distribution via courier. The system caters for companies across the U.S. involved in developing test packaging and mock-ups using digital printing. “The digital market involves only a small number of standard sheet […]

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Altria to host results webcast

Altria to host results webcast

| July 10, 2013

Altria Group is due to host a live audio webcast at altria.com from 9 a.m. Eastern Time on July 23 to discuss its 2013 second-quarter business results, which will have been issued about 7 a.m. on the same day. During the webcast, which will be in listen-only mode, chairman and CEO Marty Barrington and executive […]

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EU Vapers appeal for rethink on TPD proposals for e-cigarettes

EU Vapers appeal for rethink on TPD proposals for e-cigarettes

| July 9, 2013

A group of vapers has written an open letter to the chairman of the European Parliament’s Environment, Public Health and Food Safety Committee, Matthias Groote, calling for a rethink on the European Commission’s proposal for regulating electronic cigarettes. The committee is due to vote tomorrow on the totality of the commission’s proposals for revising the […]

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BAT to bank on London in Myanmar

BAT to bank on London in Myanmar

| July 9, 2013

British American Tobacco is planning to spend about $50 million over five years building a tobacco manufacturing plant in Myanmar, where it was forced to leave 10 years ago. The company said yesterday it had completed a joint venture agreement in Myanmar with I.M.U. Enterprise Ltd. (IMU) to manufacture, distribute and market BAT’s brands for […]

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Andhra tobacco prices up 24 percent

Andhra tobacco prices up 24 percent

| July 9, 2013

The average price paid for the first 129.28 million kg of flue-cured tobacco auctioned in the Indian state of Andhra Pradesh this year, RS122.51 per kg, was more than 24 percent up on that of the average price earned at the same stage of the previous sales season, RS98.67 per kg, according to a story […]

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Running commentary at TFWA forum?

Running commentary at TFWA forum?

| July 9, 2013

This year’s TFWA World Exhibition conference will have as one of its speakers Lord Sebastian Coe, Olympic gold-medalist and British Olympic Association chairman. The conference, themed “A brand new challenge,” will run alongside the Exhibition in Cannes, France, on Oct. 20-25. It will be addressed, too, by Willie Walsh, CEO of International Airlines Group, and […]

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