In announcing today its decision to withdraw from the beverage business, Japan Tobacco Inc said that enhancing the competitiveness of its tobacco business was the priority for its resource allocation. In a note posted on its website, JT said that its board of directors had resolved to withdraw from the manufacture and sale of beverage […]
Zimbabwe’s flue-cured exports in January, at 23.5 million kg, were up by 327 percent on those of January 2014, 5.5 million kg, according to a story in the Zimbabwe Herald. Export prices were said to have averaged $7.70 per kg in January, up from $4.22 per kg during January 2013. As a result, flue-cured export […]
Public administration buildings in South Lebanon are due to become tobacco smoke-free zones from March 1, according to a story by Mohammed Zaatari for the Daily Star that quoted an announcement by the South Lebanon Governor Mansour Daou. The ban, part of Law 174, which prohibits smoking in all public places, will apply to all […]
Iggesund Paperboard is working with the American crowdsourcing company Crowdspring to challenge the world’s designers to improve existing consumer packaging. “Every day we all see examples of packaging that could be improved by a better choice of materials or a better design,” said Staffan Sjöberg, who is in charge of the project at Iggesund. “Now […]
Lorillard said yesterday that it would release its fourth quarter and full year 2014 results on February 11, before the market opens. The news release is due to be made available under the Investor Relations section of Lorillard’s website at www.lorillard.com.
Foreign cigarette makers in Korea outperformed Korean brands in market share due to their low-price strategies. According to data from the nation’s two convenience store chains, foreign brands earned about 55 percent market share in sales and 60 percent in volume in January, dethroning the long dominant KT&G, the only Korean cigarette-maker. This is the […]