Breaking News

PMI volumes down

PMI volumes down

| October 18, 2012

Philip Morris International reported net revenues, excluding excise taxes, of $7.9 billion in the third quarter of 2012, down 5.3 percent from the comparable 2011 quarter. Its cigarette shipment volume was down by 1.3 percent. Operating companies’ income was down 1.5 percent, to $3.7 billion. Excluding the impact of currency exchange rates and acquisitions, reported […]

Read More

Molins celebrates 100 years of service

Molins celebrates 100 years of service

| October 18, 2012

The Molins Machine Co. was founded on Oct. 18, 1912—exactly one hundred years ago.  The Mark 1 cigarette making machine introduced in 1928 was the first of its kind and led to a long line of machinery that became the latest standard for quality. During these years the company revolutionized the tobacco industry with innovative […]

Read More

EU commissioner resigns following Swedish Match complaint

EU commissioner resigns following Swedish Match complaint

| October 16, 2012

John Dalli has today announced his resignation as a member of the EU Commission, with immediate effect, according to an EU Commission press statement. Dalli informed the president of the European Commission, Jose Manuel Barroso, of his decision following an investigation by OLAF, the EU’s antifraud office, into a complaint made in May by Swedish […]

Read More

Khatoco inaugurates new threshing plant

Khatoco inaugurates new threshing plant

| October 16, 2012

Khanh Viet Corp. (Khatoco) of Vietnam officially opened its new threshing plant in Nha Trang City on Oct. 2, 2012. Participating in the ceremony were various government officials, multinational tobacco merchants/processors and representatives of Evans Mactavish, which supplied the machinery for the facility. A seaside resort with first-class hotels and exquisite food, Nha Trang City […]

Read More

E-cigarettes help smokers quit, but ministry says ban them anyway

E-cigarettes help smokers quit, but ministry says ban them anyway

| October 16, 2012

Costa Rica’s Ministry of Health is considering banning the import of electronic cigarettes, according to a story in The Costa Rica News. The ministry says it believes the ban is necessary because the US Food and Drug Administration has said that electronic cigarettes contain toxic substances. Since a smoking ban was passed inCosta Rica, many […]

Read More

Australian taxpayer fund plainly increasing tobacco investments

Australian taxpayer fund plainly increasing tobacco investments

| October 16, 2012

Australia’s taxpayer-owned Future Fund spent more than $37 million investing in tobacco stocks at the same time as the government was finalising its law on the so-called ‘plain packaging’ of tobacco, according to a story in the Canberra Times. In a move that has attracted fierce criticism from health groups; the fund’s stake in global […]

Read More

Plain packaging fails to recognize adult smokers have right to choose

Plain packaging fails to recognize adult smokers have right to choose

| October 16, 2012

The New Zealand government’s proposal to force cigarettes into ‘plain packaging’ fails to respect adult smokers who wish to run their own lives and make their own decisions, British American Tobacco New Zealand (BATNZ) has said in a press note. “There is already universal awareness of the risks associated with smoking,” said Steve Rush, general […]

Read More

Medvedev threatens smokers: these tobacco laws are “just the beginning”

Medvedev threatens smokers: these tobacco laws are “just the beginning”

| October 16, 2012

Russia’s Prime Minister, Dmitry Medvedev, has said that a proposed anti-tobacco law was “just the beginning” of a campaign to counter high mortality rates in the country, according to a story by Stepan Kravchenko and Henry Meyer for Bloomberg News. The government is due to submit the bill to lawmakers by November 1, outlawing all […]

Read More

State-owned Nepalese tobacco factory might be leased to private sector

State-owned Nepalese tobacco factory might be leased to private sector

| October 15, 2012

Nepal’s Public Enterprises Management Board has recommended leasing the assets and management of the Janakpur Cigarette Factory to the private sector, according to a story in Republica. The Board believes this is the only course of action that might lead to the revival of the state-owned tobacco company, which has been closed for two years. […]

Read More

Tobacco and alcohol would be off limits under smart-card welfare scheme

Tobacco and alcohol would be off limits under smart-card welfare scheme

| October 15, 2012

UK Work and Pensions Secretary, Iain Duncan Smith, is aiming to prevent welfare money from being spent on cigarettes and alcohol, according to a story in the Telegraph relayed by the TMA. Smith has apparently directed department officials to study whether welfare recipients should receive their payments on smart cards, rather than in cash, with […]

Read More

Tobacco farmers better off

Tobacco farmers better off

| October 15, 2012

Farmers in Bangladesh grow tobacco because it yields the highest return of any crop and provides the grower with a large sum of money in one payment, according to a Dhaka Daily Star story quoting the results of a study conducted by the Policy Research Institute. The study found, too, that tobacco farmers were much […]

Read More

BAT fined over French tobacco advert

BAT fined over French tobacco advert

| October 15, 2012

A French court has ordered British American Tobacco France and its former president, Ricardo De Almeida Orlander, to pay fines of respectively €50,000 and €5,000 for the illegal advertising of tobacco and tobacco products, according to a story in Le Figaro. BAT and De Almeida were taken to court by the non-smokers’ rights association DNF […]

Read More

Lorillard to host results conference call

Lorillard to host results conference call

| October 15, 2012

Lorillard is due to host a conference call at www.lorillard.com beginning at 09.00 hours Eastern Time on October 24 following the release of its third quarter results. The conference call, for analysts and investors, will be hosted by chairman, president and CEO, Murray S. Kessler, and executive vice president, finance and planning and CFO, David […]

Read More

Holograms trade body welcomes ISO standard

Holograms trade body welcomes ISO standard

| October 12, 2012

  The International Hologram Manufacturers Association (IHMA) has welcomed the first international standard to provide guidance for businesses on protecting their products from counterfeits. ISO 12931 covers “Performance criteria for authentication solutions used to combat counterfeiting of material goods” and will bring significant benefits to the hologram industry, says the trade body. The IHMA, which […]

Read More

Bulgaria’s cigarette excise tax stability leads to big drop in illicit trade

Bulgaria’s cigarette excise tax stability leads to big drop in illicit trade

| October 12, 2012

The share of sales of illicit cigarettes inBulgariawas estimated to have fallen to 15.3 per cent of the market by the middle of this year, according to a Novinite story quoting a survey conducted by an independent, unnamed market research company at the request of tobacco companies. The results were presented on Thursday during a […]

Read More

JT’s first half sales up

JT’s first half sales up

| October 12, 2012

Japan Tobacco Inc’s domestic cigarette sales volume during September, at 9.5 billion, was down by 2.8 per cent on its September 2011 volume, 9.8 billion, which itself was down by 60.4 per cent on that of September 2010, according to preliminary figures issued by the company today. Volume during the six months, April-September, at 59.6 […]

Read More

Changde ‘ultra-high-speed’ maker passes trials at Changsha factory

Changde ‘ultra-high-speed’ maker passes trials at Changsha factory

| October 12, 2012

A Changsha ZJ116 ‘ultra-high-speed’ cigarette maker has successfully completed its user acceptance tests at the Changsha Cigarette Factory, according to a Changde Tobacco Machinery (CTM) story relayed by Tobacco China Online. The maker, which is built by CTM, was said to have achieved an ‘effective operation rate’ of 92.85 per cent. The capacity of the […]

Read More

JT rejects small amount of local tobacco after tests for radiation

JT rejects small amount of local tobacco after tests for radiation

| October 12, 2012

Japan Tobacco Inc. has completed its pre-purchase radioactive material testing of this year’s Japanese domestic leaf tobacco. In the latest round of tests, the company looked at Burley and native tobacco in a total of 147 areas. Results from 146 areas were deemed to have fallen within the JT standard value (radioactive cesium of 100 […]

Read More

Spanish tobacco for limited edition Kardus snus is cut, not ground

Spanish tobacco for limited edition Kardus snus is cut, not ground

| October 12, 2012

The tobacco for this year’s limited-edition Kardus snus has been harvested from around the small village of Cincho in western Spain. As always, said Swedish Match (SM) in a note posted on its website, the tobacco had been carefully selected and meticulously handled to satisfy the demands of the most discerning snus users inSweden. ‘Only […]

Read More

BAT makes Carbon Disclosure Leadership Index for second year

BAT makes Carbon Disclosure Leadership Index for second year

| October 12, 2012

British American Tobacco has been commended by the Carbon Disclosure Project (CDP) for its approach to the disclosure of climate change information. The company is one of 35 members of the FTSE 350 that feature in the CDP’s ‘Carbon Disclosure Leadership Index’ (CDLI). “Companies that make the CDLI have demonstrated strong internal data management practices […]

Read More

Imperial working to end child labor and boost schooling in Malawi

Imperial working to end child labor and boost schooling in Malawi

| October 12, 2012

An initiative backed by Imperial Tobacco is helping children in tobacco-growing areas of Malawi to attend school. In a note posted on its website, Imperial said that the ‘Eliminating Child Labour in Tobacco-growing (ECLT) Foundation’ was working with the government and other agencies to improve educational provision in rural areas. All youngsters of school age […]

Read More

PMI to host results webcast

PMI to host results webcast

| October 12, 2012

Philip Morris International is due to host a live audio webcast at www.pmi.com starting at 09.00 hours Eastern Time on October 18 to discuss its 2012 third-quarter results, which will be issued about 07.00 hours on the same day. During the webcast, which will be in listen-only mode, Jacek Olczak, CFO, will discuss the results […]

Read More

Altria to host results webcast

Altria to host results webcast

| October 12, 2012

The Altria Group is due to host a live audio webcast at www.altria.com beginning at 09.00 hours Eastern Time on October 25 to discuss its 2012 third-quarter business results. The results will have been issued as a press release about 07.00 hours on the same day. During the webcast, which will be in listen-only mode, […]

Read More

Stiffer smuggling penalties ahead of Australia’s ugly pack imposition

Stiffer smuggling penalties ahead of Australia’s ugly pack imposition

| October 11, 2012

The Australian federal government seems to be concerned that cigarette smuggling will increase with the imposition from December 1 of its requirement that tobacco products are sold in ‘plain’, ugly packs. According to an Australian Associated Press story, people involved in tobacco smuggling inAustraliaare to face criminal charges under new changes to customs law. The […]

Read More

Andhra MP objects to FCTC guidelines – and he’s yet to cop the results of CoP5

Andhra MP objects to FCTC guidelines – and he’s yet to cop the results of CoP5

| October 11, 2012

The Andhra Pradesh MP, Rayapati Sambasiva Rao, has written to the Indian Health Minister, Ghulam Nabi Azad, objecting to the implementation of guidelines drawn up by the World Health Organization’s Framework Convention on Tobacco Control (FCTC), according to a story in the most recent issue of the BBM Bommidala Group newsletter. Rao said that enforcement […]

Read More