Breaking News

Imperial improving homes, infrastructure in Vietnam

Imperial improving homes, infrastructure in Vietnam

| August 3, 2015

Imperial Tobacco’s Altadis Foundation has helped improve living conditions and transport infrastructure in the Dong Nai Province of Vietnam. ‘Working with our local partner the Dong Nai Food Industrial Corporation (DOFICO) we’ve supported the building of 10 new homes and have helped fund the opening of a new road in the Vinh Cuu district of […]

Read More

Malaysia’s FCTC steering committee hikes prices

Malaysia’s FCTC steering committee hikes prices

| July 31, 2015

Malaysia’s steering committee of the World Health Organization’s Framework Convention on Tobacco Control (FCTC) has decided that cigarette prices should be raised twice in a year, according to a story in The Star. Health Minister Datuk Seri Dr S. Subramaniam said the decision had been agreed to by the steering committee on Thursday. Under the […]

Read More

Zimbabwe’s export prices up but grower prices down

Zimbabwe’s export prices up but grower prices down

| July 31, 2015

So far this year, Zimbabwe has earned US$322 million from exporting 59.0 million kg of tobacco at an average price of US$5.46 per kg, according to a story in the Bulawayo Chronicle citing Tobacco Industry and Marketing Board (TIMB) figures. During the same period of last year, the country earned US$211 million from exporting 45.8 […]

Read More

Auctions blocked as Malawi rejections hit 60 percent

Auctions blocked as Malawi rejections hit 60 percent

| July 31, 2015

A ‘fracas’ occurred at the auction floors at Lilongwe, Malawi, on Tuesday, apparently over the prices being offered for growers’ tobacco. A Malawi24 report said the auctions had been blocked by growers concerned about the rejection rate, which reportedly reached 60 percent. Usually, a ‘rejection’ occurs when a grower refuses to accept the final price […]

Read More

ITC hits out at tax system in announcing 1Q results

ITC hits out at tax system in announcing 1Q results

| July 31, 2015

In announcing its first-quarter results to the end of June, ITC said that the performance of its cigarette business had reflected the ‘extremely challenging operating environment for the legal cigarette industry in India, which is facing unprecedented pressure on sales volumes’. Despite ITC being a diversified company, cigarettes account for 40 percent of its revenues […]

Read More

Altria’s cigarette, cigar and smokeless volumes up

Altria’s cigarette, cigar and smokeless volumes up

| July 30, 2015

Philip Morris USA’s domestic cigarette shipment volume during the three months to the end of June, at 33,124 million, was up by 3.1 percent on that of the three months to the end of June 2014, 32,134 million. Marlboro shipments increased by 3.0 percent to 28,498 million; shipments of other premium brands fell by 3.4 […]

Read More

Tough tobacco control law passed in Uganda

Tough tobacco control law passed in Uganda

| July 30, 2015

Ugandan lawmakers on Tuesday passed a law banning smoking within 100 meters of public buildings, banning the sale and use of shisha tobacco and banning all forms of tobacco, advertising, promotion and sponsorship, according to a story by Deo Walusimbi for the Observer, relayed by the TMA. Control Bill 2014, which now goes for signature […]

Read More

Japan’s smoking incidence up – or down

Japan’s smoking incidence up – or down

| July 30, 2015

Japan’s adult smoking incidence increased slightly between May 2014 and May 2015, according to figures posted on Japan Tobacco Inc.’s website, but the company believes that the incidence is actually falling in line with long-term trends. JT today announced the latest results of its Japan Smoking Rate Survey, a study that has been carried out […]

Read More

Iggesund announces packaging design winners

Iggesund announces packaging design winners

| July 30, 2015

Iggesund Paperboard has received almost 200 design proposals in response to the challenge it issued earlier this year to the world’s designers to create better and more sustainable consumer packaging. Three of the designs have been chosen and their creators will receive rewards. In addition, the company has opened dialogues with various of the designers […]

Read More

BAT’s first-half volume down but share up

BAT’s first-half volume down but share up

| July 29, 2015

British American Tobacco’s cigarette volume during the six months to the end of June, at 322 billion, was down by 2.9 percent from that of the six months to the end of June 2014. The company estimated that the industry-wide volume decline during this period was 3.5 percent and that it had enjoyed a ‘significant […]

Read More

RAI’s Newport-boosted 2Q volume up by 4.4 percent

RAI’s Newport-boosted 2Q volume up by 4.4 percent

| July 29, 2015

R.J Reynolds Tobacco’s domestic cigarette volume during the three months to the end of June, at 16.3 billion, was increased by 4.4 percent on that of the three months to the end of June 2014, 15.6 billion. Camel volume was increased by 3.5 percent to 5.4 billion, Pall Mall volume was down by 2.2 percent […]

Read More

Andhra sales picking up but volume, prices still down

Andhra sales picking up but volume, prices still down

| July 29, 2015

After a slow start, flue-cured auctions in the Indian state of Andhra Pradesh are proceeding ‘at a satisfactory pace’, according to a story by Ch. R.S.Sarma for Business Line, citing the Tobacco Board of India chairman, K. Gopal. In a story relayed by the TMA, Gopal was quoted as having told media representatives that the […]

Read More

Vector to webcast 2Q results conference call

Vector to webcast 2Q results conference call

| July 29, 2015

The Vector Group is due to conduct a conference call and webcast to discuss its second quarter 2015 results from 09.00 Eastern Time on July 30. Investors can access the call by dialing 800-859-8150 and entering 24708438 as the conference ID number; or by registering at www.investorcalendar.com. A replay of the call will be available […]

Read More

Taxpayers footing bill for standard packs dust-up

Taxpayers footing bill for standard packs dust-up

| July 28, 2015

More than A$50 million of taxpayer money is expected to go up in smoke as the Australian government defends cigarette standardized packaging in a secretive international tribunal in Singapore, according to a story by Andrew Probyn for the West Australian. But costs will become much higher if Australia loses its first defence that Philip Morris […]

Read More

Andhra leaf growers press Delhi for compensation

Andhra leaf growers press Delhi for compensation

| July 28, 2015

A delegation of tobacco growers from the Indian State of Andhra Pradesh is planning to travel to New Delhi on August 5 to press the union government for compensation following a decision to slash the state’s flue-cured production target, according to a story in the Hindu. Earlier this month the 2015-16 authorized flue-cured crop for […]

Read More

Logic part of JT’s emerging-products ambitions

Logic part of JT’s emerging-products ambitions

| July 28, 2015

Japan Tobacco Inc. said today that the JT Group had completed the acquisition of Logic Technology Development, one of the leading US e-cigarette brands. The acquisition was first announced at the end of April 30. Founded in 2010, Logic is said to sell a range of high quality rechargeable, ready-to-use and disposable products, including the […]

Read More

Universal to webcast results conference call

Universal to webcast results conference call

| July 28, 2015

Universal Corporation is due to webcast a conference call that will be held from 17.00 Eastern Time on August 6 following the release of the company’s results for the first quarter of fiscal year 2016 after market close on that date. The conference call, which will be in listen-only mode, will be hosted by vice […]

Read More

Hungary threatens penalties for tax policy complaint

Hungary threatens penalties for tax policy complaint

| July 27, 2015

Hungary will not shy away from penalizing retailers and tobacco companies further for lodging tax complaints with the European Commission, according to a Portfolio story. “We are not planning to surrender to the European Commission with respect to the special taxes on the retail and tobacco industries,” Janos Lazar, minister leading the Prime Minister’s Office, […]

Read More

Government ‘hand in glove’ with tobacco industry

Government ‘hand in glove’ with tobacco industry

| July 27, 2015

While India had signed up to the World Health Organization’s Framework Convention on Tobacco Control, it had failed to initiate even the first steps towards honoring the agreement, according to a story in the Times of India. The Union government, mainly due to pressure from the tobacco lobby, had never seriously initiated policies aimed at […]

Read More

Tourists to take Tobacco Trail in Cuba

Tourists to take Tobacco Trail in Cuba

| July 27, 2015

Cuba is preparing to unveil a new tourist attraction inspired by the country’s cigar industry, according to a Xinhua Newswire story. Cuba’s Tourism Ministry said recently that it would launch the Tobacco Trail in September during this year’s tourism and nature fair in Pinar del Rio province, which is home to lush tobacco plantations. “We […]

Read More

Cigarettes in plain packaging seen as more harmful

Cigarettes in plain packaging seen as more harmful

| July 27, 2015

New Irish research published on BMJ Open has found that people aged 16-17 see standardized packs as being less attractive than packs with EU Tobacco Products Directive (TPD) warnings, which include graphics and text covering 65 per cent of a pack’s main surfaces, according to a story in the Irish Times. And they perceive that […]

Read More

RAI to make investment presentations in NY, London

RAI to make investment presentations in NY, London

| July 27, 2015

The management of Reynolds American Inc. and its operating companies will discuss the companies’ performances and plans during presentations to the investment community in New York on July 31 and in London on August 3. The presentations will be webcast from about 09.00 local time on both days. The webcasts will be available online on […]

Read More

Canadian firms overturn C$1.1 billion court order

Canadian firms overturn C$1.1 billion court order

| July 24, 2015

Imperial Tobacco Canada, British American Tobacco’s Canadian subsidiary and the Canadian subsidiaries of Philip Morris International and Japan Tobacco International, yesterday had their request to cancel a C$1.1 billion provisional execution order granted by the Quebec Court of Appeal. Three Quebec Court of Appeal judges unanimously cancelled the order after Imperial Tobacco Canada, Rothmans, Benson […]

Read More

Indonesia urged to commit all tobacco tax to health

Indonesia urged to commit all tobacco tax to health

| July 24, 2015

The Indonesian Finance Ministry is being urged to earmark all tobacco tax revenue for the health budget because the health sector is said to be heavily burdened by tobacco-related medical issues, according to a story in The Jakarta Post. Health Ministry secretary-general Untung Suseno Sutarjo was quoted as saying that such a policy would be […]

Read More

WHO chief congratulates Turkmen president

WHO chief congratulates Turkmen president

| July 24, 2015

Turkmenistan is the country with the lowest proportion of smokers, eight percent, according to a Geo News (Pakistan) story quoting the World Health Organization’s director general, Dr. Margaret Chan. “Recently a WHO overview showed that in Turkmenistan only eight percent of the population smokes,” Chan told the country’s President, Gurbanguly Berdymukhamedov. “This is the lowest […]

Read More