Molins

Breaking News

Zimbabwe’s prices down 14 percent

| September 25, 2014

Zimbabwe’s 2014 flue-cured tobacco marketing season has ended with the final sales volume hitting 216.2 million kg, according to a story in The Herald. This year’s volume sales were 30 percent up on those of 2013, 166.5 million kg; and earnings were increased by 12 percent from USS612.1 million to US$685.2 million.

However, while deliveries and the total value of sales were up, growers had to put up with an average price that was down by 14 percent from US$3.67 per kg to US$3.17 per kg.

Of the total volume delivered this year, 76.5 percent, or 165.5 million kg, was contracted tobacco, while 23.5 percent or 50.7 million kg was sold over the auction floors.

France looks at introducing plain packs

| September 25, 2014

The French government is to propose legislation on the introduction of standardized packaging for cigarettes, according to a story in The Local quoting a Les Echos report.

The standardized packs with their dominant graphic warnings would be aimed at deterring young people from taking up the habit.

Health Minister Marisol Touraine was due to present the proposed legislation at a cabinet meeting today before announcing it at a press conference.

“It denormalizes tobacco, like the ban on smoking in public places that has not changed consumption significantly, but has changed the order of things,” said Bertrand Dautzenberg, president of the French Office for the Prevention of Smoking.

Touraine’s bill would seek also to extend the country’s public smoking ban to include the use of electronic cigarettes.

PM USA welcomes Price case decision

| September 25, 2014

The Illinois Supreme Court yesterday granted review in the Price case to decide whether its 2005 dismissal of that case against Philip Morris USA should remain in place.

In 2003, a Madison Circuit Court judge sitting without a jury found that PM USA had deceived Illinois smokers in purchasing Marlboro Lights and Cambridge Lights cigarettes and imposed a $10.1 billion judgment.

But in 2005, the Illinois Supreme Court reversed the judgment in favor of PM USA.

‘In April, an intermediate state appellate court overturned a decade-old decision of the Illinois Supreme Court dismissing the Price case,’ according to a PM USA note posted on its website yesterday. ‘The appellate court further held that, as a result of the case being reopened, the original judgment should be reinstated. That decision remains stayed while on appeal.’

“The Illinois Supreme Court has already once ordered judgment to be entered in PM USA’s favour,” said Murray Garnick, Altria Client Services senior vice president and associate general counsel, speaking on behalf of PM USA.

“We believe that there are compelling reasons why the Illinois Supreme Court should do so again and reverse the intermediate court’s unprecedented ruling.

“We look forward to the opportunity to present our arguments before the court.”

The case is Price v. Philip Morris Incorporated: case number 00-L-112.

Storm blows up over windfall tax plan

| September 24, 2014

The UK’s tobacco industry was said to have reacted with ‘fury’ to a plan by the opposition Labour Party leader, Ed Miliband, to impose an additional tax on Britain’s tobacco companies to help pay for National Health Service (NHS) spending, according to a story in The Guardian.

Imperial Tobacco said Labour’s plans to raise at least £150 million by taxing companies according to market share amounted to an attack on a legitimate business sector.

A spokesman for the company said the idea was totally unwarranted and unjust, and should be dismissed immediately.

“The idea put forward today [Tuesday] fails to acknowledge the wider contribution made by Imperial to society, and will place further pressure on jobs and livelihoods,” the spokesman said. “Earlier this year we announced the closure of our Nottingham cigarette factory, citing in part the impact of excessive tobacco regulation and taxation.”

The Guardian said the industry argued that it contributed £12.3 billion a year to the exchequer, while the costs of smoking to the NHS were estimated at between £2.7 billion and £5.2 billion.

The industry trade body, the Tobacco Manufacturers’ Association, also opposed the Labour Party’s plan. “This anti-business idea is illogical and ignores a major cause of lost tobacco tax, the illegal market,” said Giles Roca, director general.

Meanwhile, Miliband told delegates at the annual party conference in Manchester that it was fair to impose additional costs on an industry that makes “soaring profits on the back of ill health”.

The UK is due to hold a general election on May 7 next year.

The full story is at: http://www.theguardian.com/business/2014/sep/23/uk-tobacco-firms-protest-labour-cigarette-tax-pay-nhs.

Russians comply with smoking bans

| September 24, 2014

The overwhelming majority of Russian cafés and restaurants are obeying the ban on tobacco smoking in public places, according to an ITAR-TASS story quoting results of monitoring conducted by Consumers International, an international consortium of consumer-advocacy groups.

Between 93 and 94 percent of the monitored cafés and restaurants were found to have been observing the smoking ban.

But the hospitality sector was said to be less compliant. Violations were exposed in almost 34 percent of inspected hotels; ashtrays were found in just over 32 percent of hotels, and more than a quarter of inspected hotels were offering rooms for smokers or had smoking rooms.

Russia’s most recent anti-tobacco laws came into force on June 1, 2013, and June 1, 2014.

Nikolay Gerasimenko, a deputy chairman of the health committee of the Russian State Duma, said on Tuesday that the popularity of smoking was going down.

“Cigarette production has decreased,” he told a news conference. “The process began three years ago but proceeded rather slowly – by not more than three percent a year. The biggest slump in production took place in the first quarter of 2014 after excise duties had been raised.”

Gerasimenko cited the results of polls conducted by the WCIOM polling agency that indicated the number of smokers had decreased by seven percent during the first six months of the current year.

Isis lifts smoking ban to ‘boost popularity’

| September 24, 2014

The Islamic State (also known as Isis) has made a Sharia-law U-turn in the Iraqi city of Kirkuk by stubbing out its cigarette ban in an attempt to boost popularity among the local population, according to a story by Gianluca Mezzofiore for the International Business Times.

A resident of Hawija, 55 km southwest of Kirkuk, was said to have told Almada Press that Isis had lifted the embargo on shops selling cigarettes in the province and its towns.

In June, Isis imposed Sharia laws that banned the use of drugs, alcohol and cigarettes in the Nineveh province days after capturing the provincial capital Mosul.

Isis explained its opposition to smoking by calling it a ‘slow suicide’ and saying that ‘every smoker should be aware that with every cigarette he smokes in a state of trance and vanity is disobeying God’.

But, according to the Al Arabiya website, Isis changed its mind ‘as an attempt to gain popularity after the group’s extremist actions began to appal residents, particularly after security forces, aided by international support, began to attack Isis’.

The full story is at: http://www.ibtimes.co.uk/isis-suffers-its-first-defeat-cigarette-smokers-kirkuk-defy-islamic-state-ban-1466799.

Tobacco Rag banner

white cloud cigarettes

pattyn banner

itm banner

Burghart

Burghart