Chinese cigarette production during the first half of this year, at 1,300,000 million, was increased by 0.2 per cent on that of the first half of last year, according to a Xinhua News Agency story published in the Global Post of Boston, US.
Tobacco taxes during the first half of this year, which raised about Yuan579.54 billion (US$94 billion), accounted for about 7.8 per cent of China’s fiscal revenues, the story said in quoting figures from the Finance Ministry and the State Tobacco Monopoly Administration (STMA).
Also based on STMA figures and comparing the same periods, the amount of farming land dedicated to tobacco in China fell by 170,000 ha to 1.23 million ha.
China’s Yunnan Tobacco International (YTI) has said it will start buying leaf tobacco from Tanzania this season with a purchase of 10 million kg, according to a story in the Daily News.
The move follows the signing of a bilateral trade agreement during Chinese President Xi Jinping’s visit to Tanzania in March last year.
The vice-president of YTI, Yang Xuemei, reportedly said that, depending on demand from China’s side and trade relations between the two countries, the volume of tobacco bought was expected to increase next year.
A large quantity of Korean tax-exempt cigarettes earmarked for export are being diverted onto the domestic market, according to a story in The Korea Times quoting the Korea Customs Service (KCS).
The KCS reportedly said the value of the diverted cigarettes had reached about WON100 billion (US$97.5 million) this year, up from WON 3 billion in 2012 and WON40 billion in 2013.
This level of diversion indicates that the value of untaxed Korean cigarettes on the domestic market is greater than the value of cigarettes smuggled into the country from China, Japan, Thailand, the Philippines, the US and Indonesia combined.
Prosecutors in Incheon are currently conducting an investigation into how these cigarettes, which are believed to be sold to bars and karaoke rooms, are distributed.
The US City of New Orleans and the city’s Downtown Development District (DDD) are launching a pilot program to collect and recycle cigarette butts using an extension of TerraCycle’s Cigarette Waste Brigade – a nationwide, mail-in recycling program that is sponsored by Santa Fe Natural Tobacco Co, according to a NACS (Association for Convenience & Fuel Retailing) story.
New Orleans is the first city in the US to implement a city-wide collection system, which launched last week with the installation of 50 new cigarette-recycling receptacles on several blocks in the city’s Downtown District.
Cigarette butts collected through the nationwide program are recycled into a variety of industrial products, such as plastic pallets. Any remaining tobacco is subjected to tobacco-specific composting methods.
The entire program is free to the city and its tax-payers, as TerraCycle supplies the receptacles and Santa Fe, through the Cigarette Waste Brigade, covers the ongoing program costs.
Additionally, for every pound of cigarette waste collected, $4 is to be donated to the DDD to help fund green jobs throughout the city.
Imperial Tobacco is helping to provide accommodation for the homeless and employment opportunities for the jobless in Rosario, home to its factory in the Philippines.
The foundation stone of a number of buildings that will house up to 10 homeless families was laid by Carlos Saez-Diez (pictured, far right), factory manager of the Philippine Bobbin Corporation.
The community will benefit also from a social enterprise program designed to support the garment industry with the help of volunteers from the factory.
Both schemes are being run by a local partnership with the Gawad Kalinga charitable organisation and provided with financial support from the Altadis Foundation.
“I feel proud our workers have generously agreed to help support this work by volunteering in their own time to give something back to the local community,” said Saez-Diez.
“The project is aimed at helping people to lift themselves out of poverty in the Rosario area and build a better community for the future.”
ITC is due to host a live webcast of the speech by chairman Y. C. Deveshwar to the company’s 103rd annual general meeting in Kolkata, India.
The speech, at www.itcportal.com, will be webcast from10.00 hours local time on July 30.