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JT’s domestic sales volume down

| October 10, 2014

Japan Tobacco Inc’s domestic cigarette sales volume during September, at 9.4 billion, was down by 0.9 per cent on that of September 2013, 9.5 billion, according to preliminary figures issued by the company today. The September 2013 figure was unchanged from that of September 2012.

Volume during January-September 2014, at 83.9 billion, was down by 2.9 per cent on that of January-September 2013, 86.5 billion, which was down by 0.7 per cent on that of January-September 2012.

JT’s market share stood at 60.0 per cent during September, at 60.5 per cent during January-September and at 60.5 per cent during January-December 2013.

JT’s domestic cigarette revenue during September, at ¥53.5 billion, was increased by 3.2 per cent from its September 2013 revenue, ¥51.8 billion.

Revenue during January-September 2014, at ¥469.9 billion, was down by 1.0 per cent on that of January-September 2013, ¥474.8 billion.

Bio Strategy prize goes to Iggesund

| October 10, 2014

Iggesund Paperboard has been awarded the Bio Strategy of the Year prize by the industry organization PPI.

Commenting on the award, Arvid Sundblad, vice president sales and marketing, said the company was very pleased with the award but even more pleased with the major move it had made from fossil fuel to bioenergy. “Of course that’s because we’re assuming our own responsibility for the climate issue but also because it will give us more stable energy costs over time,” he said.

During the past four years Iggesund Paperboard has invested more than €370 million to improve its energy strategy at its paperboard mills in Iggesund, Sweden, and Workington, England.

Compared with the situation a decade ago, the company said in a press note, emissions were down by more than 260,000 tonnes of carbon dioxide from fossil sources. The reduction was equivalent to having taken 85,000 cars, each driven 10,000 km a year, off the road.

At the mill in Workington, where Incada folding box board was made, Iggesund had implemented a dramatic shift from natural gas to biomass. A new biomass boiler had been completed in the spring of 2013 and had contributed to a big reduction in Incada’s carbon footprint. Today, Incada was among the folding box boards with the lowest carbon footprints.

At Iggesund (the site of the Swedish factory), where the company produces Invercote, a new recovery boiler had helped to minimise the mill’s carbon dioxide emissions and had enabled the mill to operate often without using any fossil fuel. The goal was for the mill to be powered only by biomass and to be self-sufficient in both electricity and heat.

“This is very gratifying,” Sundblad said. “The world is pressuring us to reduce our fossil carbon emissions and we’re living up to that. We’re thereby helping to support public policy goals and at the same time we also expect to stabilise our energy costs.”

The press note said that as well as switching its energy source from fossil to renewable fuel, Iggesund had worked to improve its energy efficiency. Producing one tonne of Invercote now required just over 10 per cent less energy than was needed five years ago. The mill at Workington had achieved a similar result.

The new incineration plants were part of the explanation for this reduction, but so were efforts continually to improve the mills’ internal processes and make them more efficient. At Iggesund this process had led also to tangible improvements to the local environment.

“We’ve succeeded in reducing our sulphur emissions to air, and our particulate emissions to air by 50 per cent,” Sundblad said. “This has been done from what were already low levels but it is still gratifying. For example, our mill, which dominates the municipality of Iggesund, is now only responsible for one per cent of the municipality’s particulate emissions.”

Sundblad: Iggesund Paperboard makes no investments without weighing up what effects they will have on sustainability.

Sundblad: Iggesund Paperboard makes no investments without weighing up what effects they will have on sustainability.

Reynolds encourages teens not to smoke

| October 10, 2014

The Right Decisions Right Now (RDRN) youth tobacco prevention program has partnered with the National School Boards Association in the US in a joint effort to convey a strong and effective anti-tobacco use message to more teens, according to a note posted on Reynolds American’s website.

‘RDRN, which is funded by R.J. Reynolds Tobacco Company, is a successful, evidence-based curriculum designed to educate middle-school students about the dangers of tobacco use and offers ways for them to lead a healthy lifestyle,’ the note said.

The online program is available free of charge to educators, as well as parents and youth-focused community groups.

“Schools clearly can and do play a role in catching young people before they start smoking by educating them on the dangers of tobacco use,” said Tom Gentzel, the association’s executive director.

And Laura Leigh Oyler, who leads the Reynolds companies’ youth tobacco prevention efforts, said that RDRN aimed to increase awareness and educators’ use of the program through its partnership with the association.

“Evidence-based programs like ours are very important in the fight against youth tobacco use, and I’d like to see RDRN in every health class in the country,” Oyler said.

The full story is at: http://files.shareholder.com/downloads/RAI/3506486414x0x785618/e89152fd-858d-43fe-bd83-95ed25629069/2014-04_RJRT_RDRN-YTPP_partners_with_NSBA.pdf.

PMI to webcast third quarter results

| October 10, 2014

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts from 09.00 hours Eastern Time on October 16 to discuss its 2014 third-quarter results, which will be issued about 07.00 hours the same day.

During the webcast, which will be in listen-only mode, CFO Jacek Olczak will discuss the results and answer questions from the investment community and news media.

The webcast can be accessed also on iOS or Android devices by downloading PMI’s free Investor Relations Mobile Application at www.pmi.com/irapp.

An archived copy of the webcast will be available until 17.00 hours on November 14 at www.pmi.com/webcasts.

Slides and script will be available at www.pmi.com/earnings.

Lorillard’s 3Q results due October 23

| October 10, 2014

Lorillard is due to release its third quarter 2014 results on October 23, before the market opens.

A news release will be made available under the Investor Relations section of Lorillard’s website: www.lorillard.com.

Fighting Andalucía’s illegal trade

| October 9, 2014

Imperial Tobacco’s Spanish business is backing a major awareness campaign in Andalucía to tackle what it says is the growing problem caused by illicit tobacco. The Stop Contrabando de Tabaco initiative is led by the Mesa del Tabaco industry body in Spain with support from Altadis.

‘The four-week campaign makes use of impactful advertising on local TV, radio and newspapers as well as posters, billboards and wristbands,’ according to a note posted on Imperial’s website. ‘Andalucía was chosen as it has illicit tobacco consumption rates as high as 40 per cent in some parts of the region.’

The campaign uses the slogan: ‘There’s a part of tobacco smuggling you do not see’, combined with images of people covering one of their eyes.

“This is intended as a wake-up call for the public, to emphasise the illegal trade doesn’t pay taxes, it finances crime and is easily accessible to minors,” said Rocio Ingelmo, corporate and legal affairs manager Spain. “The aim is to tell people this affects us all.”

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