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JT’s domestic volume sales down in November

JT’s domestic volume sales down in November

| December 12, 2014

Japan Tobacco Inc’s domestic cigarette sales volume during November, at 8.7 billion, was down by 8.8 percent on that of November 2013, 9.5 billion, according to preliminary figures issued by the company today. The November 2013 figure was down by 0.9 percent on that of November 2012. Volume during January-November, at 102.2 billion, was down […]

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Health body seeks higher tobacco prices in China

Health body seeks higher tobacco prices in China

| December 11, 2014

China is considering raising tobacco taxes and cigarette prices to reduce the number of smokers in the country, according to a Xinhua News Agency story. Yao Hongwen, of the National Health and Family Planning Commission, was said to have told a press conference yesterday that the commission would work together with other agencies to push […]

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French MPs vote down ‘automatic’ tax increase

French MPs vote down ‘automatic’ tax increase

| December 11, 2014

Cigarette prices in France will remain unchanged in the new year after MPs voted to throw out a planned 30 cent tax rise, according to a story in The Connexion. The change of heart by the National Assembly came after intense lobbying by tobacconists and manufacturers. The automatic tax rise had been due to come […]

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Further €60 million for Iggesund mill investments

Further €60 million for Iggesund mill investments

| December 11, 2014

The board of the Holmen Group, which includes Iggesund Paperboard, yesterday gave the green light for investments totalling €60 million in Iggesund’s mills at Iggesund, Sweden and Workington, England. At Iggesund, the investments will be aimed at eliminating bottlenecks in pulp production so it can be increased from the current 370,000 tonnes to 420,000 tonnes […]

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Camilleri to serve as PMI retiree chairman

Camilleri to serve as PMI retiree chairman

| December 11, 2014

The board of directors of Philip Morris International yesterday declared a regular quarterly dividend of $1.00 per common share, payable on January 9 to stockholders of record as of December 24. The ex-dividend date is December 22. Meanwhile, PMI said that the chairman of the board, Louis C. Camilleri, would retire from employment with the […]

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Altria declares dividend

Altria declares dividend

| December 11, 2014

Altria said yesterday that its board of directors had declared a regular quarterly dividend of $0.52 per common share, payable on January 9 to shareholders of record as of December 24. The ex-dividend date is December 22.

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