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Smoking down by 16-17 percent in Russia

Smoking down by 16-17 percent in Russia

| June 15, 2015

Russians are smoking less because of the implementation of an anti-tobacco law, according to an Interfax report quoting the Rospotrebnadzor press service. ‘The measures taken to implement Russian legislation on public health protection from the impact of tobacco smoke and the consequences of tobacco smoking have helped reduce tobacco consumption by 16-17 percent,’ the press […]

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Lorillard becomes a wholly owned subsidiary of RAI

Lorillard becomes a wholly owned subsidiary of RAI

| June 15, 2015

Reynolds American (RAI) on Friday completed its acquisition of Lorillard and, in doing so, ‘significantly strengthened, balanced and diversified’ its brand portfolio. As a result of the acquisition, Lorillard is now a wholly owned subsidiary of RAI, and former Lorillard shareholders will own about 15 percent of RAI’s common stock. In a note posted on […]

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Papastratos exports up ‘significantly’

Papastratos exports up ‘significantly’

| June 15, 2015

Philip Morris International’s Greek subsidiary Papastratos said recently that the company’s exports rose ‘significantly’ last year, partially offsetting the decline in the domestic cigarette market, according to a story by Anestis Dokas for Kathimerini, relayed by the TMA. Chairman Nikitas Theofilopoulos said the company’s plant at Aspropyrgos, west of Athens, exported to more than 30 […]

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JT publishes sustainability report

JT publishes sustainability report

| June 15, 2015

Japan Tobacco Inc. has published the JT Group Sustainability Report FY2014, outlining its sustainability initiatives and performance for the year ending 31st December, 2014. The report is available at http://www.jt.com/csr/report/index.html. JT said the report contained Standard Disclosures from the Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines. However, it was not yet ‘in accordance’ with […]

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Bidi packs undergo “face-lift” to attract smokers

Bidi packs undergo “face-lift” to attract smokers

| June 12, 2015

A number of bidi makers in India have introduced their products in sleek new packaging with filters, exotic flavors and organic ingredients in an effort to attract urban smokers searching for a cheaper alternative in light of a recent rise in cigarette prices, according to The Economic Times. The traditional hand-rolled “cigarettes” wrapped in tendu […]

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Poll finds vaping rates rise with income

Poll finds vaping rates rise with income

| June 12, 2015

A Reuters/Ipsos poll of 5,679 adults conducted between May 19 and June 4 found that use of cigarettes as well as e-cigarettes/vaporizers increases with income. According to the survey results, 12.4 percent of all adults with incomes greater than $75,000 per year reported using vapor devices, compared with 10.6 percent of adults whose income was […]

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Poll finds increase in U.S. vaping rate

Poll finds increase in U.S. vaping rate

| June 12, 2015

A poll of 5,679 U.S. adults by conducted by Reuters/Ipsos between May 19 and June 4 found that approximately 10 percent of them vape, including 15 percent of respondents under the age of 40. About 75 percent of the vapers surveyed also reported a continued use of combustible cigarettes. Seventy percent of vapers reported that […]

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Brother Industries acquires Domino Printing Sciences

Brother Industries acquires Domino Printing Sciences

| June 12, 2015

Brother Industries has formally completed its acquisition of Domino Printing Sciences, a U.K.-based developer of inkjet printing and laser printing products, the company announced on June 12. Brother cited the strength of Domino’s customer base and its desire to develop the scope and coverage of the digital printing sector as primary reasons for acquiring the […]

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Zimbabwe’s growers suffering effects of low prices

Zimbabwe’s growers suffering effects of low prices

| June 12, 2015

Zimbabwe’s flue-cured tobacco growers are still suffering from the effects of low prices well into the sales season, according to a story in the Daily News relayed by the TMA. Figures issued by the Tobacco Industry and Marketing Board (TIMB) indicate that, so far, growers have sold 145.5 million kg of flue-cured leaf at an […]

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JT’s domestic cigarette volume holds firm in May

JT’s domestic cigarette volume holds firm in May

| June 12, 2015

Japan Tobacco Inc’s domestic cigarette sales volume during May, at 9.2 billion, was virtually unchanged from that of May 2014, according to preliminary figures issued by the company today (whereas the May 2014 was put also at 9.2 billion, the May 2015 figure was recorded as being down by 0.1 percent). The May 2014 figure […]

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BAT and Taban Trafik to supply Hungary’s retailers

BAT and Taban Trafik to supply Hungary’s retailers

| June 12, 2015

The Hungarian government announced yesterday that British American Tobacco would join forces with a Hungarian tobacco trader to supply tobacco shops in the country, according to a Dow Jones story. BAT and Taban Trafik would jointly pay 600 million forints ($2.2 million) for the license, Janos Lazar, head of the prime minister’s office, was reported […]

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Filipinos to be educated about the perils of smoking

Filipinos to be educated about the perils of smoking

| June 12, 2015

The Philippines’ Department of Health (DOH) yesterday called on teachers nationwide to remind their students of the perils of cigarette smoking and thereby minimize the number of young smokers in the country, according to a story in The Manila Bulletin. “Teachers should act as role models for students and they should remind the youth on […]

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Greensboro hoping Imperial can reignite KOOL & Co

Greensboro hoping Imperial can reignite KOOL & Co

| June 11, 2015

A lot is riding on whether the majority of the US Federal Trade Commission (FTC) is correct in believing that Imperial Tobacco has the ability not only to maintain but ultimately to grow the market share of the US brands that it is due to acquire tomorrow. According to a story by Mark Sutter for […]

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Indonesia unlikely to ratify the FCTC any time soon

Indonesia unlikely to ratify the FCTC any time soon

| June 11, 2015

Indonesia seems unlikely any time soon to ratify the World Health Organization’s Framework Convention on Tobacco Control (FCTC). According to a Tempo story, Widyastuti Soerojo, the chairperson of the Tobacco Control Special Agency and the Association of Indonesian Health Experts (IAKMI), has questioned President Joko ‘Jokowi’ Widodo’s commitment to tobacco control. “I can say that […]

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Court wants growers shifted away from tobacco

Court wants growers shifted away from tobacco

| June 11, 2015

The High Court of Karnataka state, India, has directed the Indian and state governments to co-operate in jointly framing a policy for encouraging tobacco growers and workers to shift to other industries, according to a story in the latest issue of the BBM Bommidala Group newsletter. The order is directed particularly at those working in […]

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PMI declares quarterly dividend

PMI declares quarterly dividend

| June 11, 2015

The board of directors of Philip Morris International today declared a regular quarterly dividend of $1.00 per common share, payable on July 10 to shareholders of record as of June 25. The ex-dividend date is June 23.

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Beijing smoking ban will boost vapor, says e-cig inventor

Beijing smoking ban will boost vapor, says e-cig inventor

| June 10, 2015

Hon Lik, the Chinese inventor of the modern e-cigarette, has predicted that Beijing’s new public-places smoking ban will prompt many consumers to switch from smoking to vaping. Although China’s e-cigarette market is still relatively small compared to those in other countries and smoking rates in China remain high, the ban—which took effect June 1—could be […]

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AMA remains opposed to e-cig’s smoking-cessation claims

AMA remains opposed to e-cig’s smoking-cessation claims

| June 10, 2015

The American Medical Association (AMA) has announced a new policy that will further strengthen its support of the regulatory oversight of e-cigarettes. The update is an extension of the organization’s existing policy, which calls for all e-cigarettes to be subject to U.S. Food and Drug Administration regulations that apply to cigarettes and smokeless tobacco products. […]

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Pax Labs raises $46.7 million in Series C funding

Pax Labs raises $46.7 million in Series C funding

| June 10, 2015

Pax Labs has raised $46.7 million in new funding led by existing investors with participation from Fidelity Management & Research Company; Sivia Capital; individual investors from finance, pharma, entertainment and Silicon Valley leadership; and a group led by Chuck Pieper and Brian Finn. Previous investors participating include Tao Capital Partners and Sand Hill Angels. Pax […]

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Iggesund expands services for Eastern Europe

Iggesund expands services for Eastern Europe

| June 10, 2015

Iggesund Paperboard—Europe’s third-largest manufacturer of high-quality virgin fiber paperboard—is expanding its services for Eastern Europe by establishing a new freight terminal in Riga, Latvia, as well as a sales office in Moscow, Russia, to boost Russian sales. Construction of the two new facilities is part of Iggesund’s long-term plan to cultivate its delivery services on […]

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AOI’s volume, sales impacted by global oversupply

AOI’s volume, sales impacted by global oversupply

| June 10, 2015

Alliance One International’s CEO and president, Pieter Sikkel, said on Monday that the company’s fiscal year 2015 volume and sales were impacted by global oversupply as a result of customers modifying their inventory positions in response to reduced consumer demand in some markets during the past 36 months. Global oversupply appeared now to be moving […]

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Leaf tobacco prices fall as growing costs rise

Leaf tobacco prices fall as growing costs rise

| June 10, 2015

Flue-cured tobacco growers operating in the Indian state of Andhra Pradesh are urging the union government to address immediately their concerns about a steep fall in sales this year, according to a story in the latest issue of the BBM Bommidala Group newsletter. The growers are said to be faced with making losses this year […]

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Most people support separate smoking areas in pubs

Most people support separate smoking areas in pubs

| June 10, 2015

The smokers’ lobby group, Forest, is urging the UK government to reject the ‘comprehensive package’ of anti-smoking measures published today by the NGO Action on Smoking and Health (ASH). Forest’s director, Simon Clark, said a tobacco levy – one of many proposals being made – would almost certainly be passed on to consumers and would […]

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Altria to host investor-day webcast

Altria to host investor-day webcast

| June 10, 2015

The Altria Group is due to host a webcast of its Investor Day in New York, N.Y, on June 23. The presentation, which will be in listen-only mode, will begin about 09:00 Eastern Time and end about 12:00. The webcast will feature presentations by Marty Barrington, Altria’s chairman, CEO and president, and other members of […]

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RAI to complete Lorillard acquisition on Friday

RAI to complete Lorillard acquisition on Friday

| June 9, 2015

Reynolds American (RAI) is expected to complete its acquisition of Lorillard on Friday. At the same time, Imperial Tobacco’s ITG Brands will acquire from RAI and Lorillard operating companies the KOOL, Salem, Winston and Maverick cigarette brands, and the blu eCigs electronic cigarette brand, along with other assets. In a note posted on both the […]

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