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Reynolds on the brink of acquiring Lorillard

Reynolds on the brink of acquiring Lorillard

| May 22, 2015

Reynolds American is poised to win US antitrust approval for its $25 billion purchase of Lorillard as early as next week, according to a story by David McLaughlin for Bloomberg News, quoting ‘a person familiar with the matter’. If the merger is cleared, Reynolds will account for about a third of domestic tobacco sales and, […]

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More Brits vaping but more taken in by health scares

More Brits vaping but more taken in by health scares

| May 22, 2015

The number of vapers in Britain has risen by 500,000 recently, according to a Press Association story citing figures from Action on Smoking and Health (ASH). ASH was quoted as saying that there were now 2.6 million vapers in Britain, up from 2.1 million in 2014, with nearly all of this increase attributable to a […]

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Number of Saudi smokers expected to climb steeply

Number of Saudi smokers expected to climb steeply

| May 22, 2015

The number of smokers in Saudi Arabia is expected to climb from six million now to 10 million in 2020, according to a Saudi Gazette story quoting the Al-Riyadh daily and citing a recent World Health Organization study. About 40 percent of adult men, 10 percent of adult women and 15 percent of teenagers smoke, […]

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E-cigarette study shows risks of e-cigarette studies

E-cigarette study shows risks of e-cigarette studies

| May 21, 2015

A new study has challenged a previous suggestion that some electronic cigarettes could deliver levels of formaldehyde greater than those of traditional tobacco cigarettes. In January, a report published as a research letter in the New England Journal of Medicine (NEJM) found that a 3rd generation electronic cigarette (one with variable power settings) operated at its maximum power […]

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Lebanon inaugurates new state-owned tobacco plant

Lebanon inaugurates new state-owned tobacco plant

| May 21, 2015

Lebanon’s Finance Minister Ali Hasan Khalil on Tuesday inaugurated a $17-million tobacco factory that could help increase Regie Company revenues by $40 million a year, according to a story in The Daily Star. When the factory, which is located in Hadath, starts production in June, it will boost the state-owned company’s cigarette-production capacity from 12,000 […]

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Iggesund’s US expansion points to global ambitions

Iggesund’s US expansion points to global ambitions

| May 21, 2015

Iggesund Paperboard is expanding its distribution in the US by making its flagship product, Invercote, available coast to coast. ‘Increasing interest in Invercote’s unique properties from brand owners on the West Coast, and some key new business acquisitions made expanding west a natural next step,’ the company said in a press note. ‘ Iggesund Paperboard […]

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Altria shareholders vote down farm labor issues

Altria shareholders vote down farm labor issues

| May 21, 2015

At the Altria Group’s Annual Meeting of Shareholders yesterday, shareholders voted to defeat three stockholder proposals that had urged the company to take action on farm labor issues and tobacco use among the poor, according to a story by John Reid Blackwell for the Richmond Times-Dispatch. The company’s board of directors had opposed the proposals. […]

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Leaf oversupply situation might be extended

Leaf oversupply situation might be extended

| May 20, 2015

Global leaf tobacco inventories are high and might ‘have the effect of extending the duration of the oversupply conditions’, according to George C. Freeman, III, chairman, president, and CEO of Universal Corporation. Commenting on Universal’s fourth quarter and full-year results, Freeman said he was pleased with the results the company had achieved, given fiscal year […]

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JT aiming to make Winston No.1 through accretion

JT aiming to make Winston No.1 through accretion

| May 20, 2015

Japan Tobacco Inc. says that its Cabin and Caster cigarettes are to be ‘integrated’ with its Winston brand as part of the company’s mid- to-long term strategy of making Winston the global No.1 brand. Winston is one of the company’s Global Flagship Brands and, while Cabin and Caster will each retain their original taste and […]

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US city considers tobacco retail bans and restrictions

US city considers tobacco retail bans and restrictions

| May 20, 2015

A US city council has passed the first reading of a proposed measure to restrict severely retail sales of tobacco and related products, according to an Associated Press story relayed by the TMA. The proposed measure by the council of Sonoma, California, would ban new businesses from selling cigarettes, cigars, smokeless tobacco and certain other […]

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Indonesia to bring in electronic cigarette ban

Indonesia to bring in electronic cigarette ban

| May 20, 2015

The Indonesian government plans to ban the sale of electronic cigarettes amid ‘growing concerns over the product’s negative impact on people’s health’, according to a story in The Jakarta Post. The Post reported that one in five Indonesians currently smoked and that ‘a high number’ of those smokers were using electronic cigarettes to help them […]

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Tips From Former Smokers go largely unheeded

Tips From Former Smokers go largely unheeded

| May 20, 2015

A $200 million federal anti-smoking campaign ‘Tips From Former Smokers’ was mostly a flop and did not greatly boost the number of non-smokers in the US, according to a story by Nick Tate for NewsMax. Tate cited the findings of a new analysis published in the American Journal of Preventive Medicine by San Diego State […]

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Universal declares quarterly dividends

Universal declares quarterly dividends

| May 20, 2015

Universal Corporation’s board of directors has declared a quarterly dividend of $0.52 per share on the company’s common shares, payable on August 10 to shareholders of record at the close of business on July 13. The board declared also a quarterly dividend of $16.875 per share on its Series B 6.75 percent Convertible Perpetual Preferred […]

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Some Australian illicit products labeled ‘illegal’

Some Australian illicit products labeled ‘illegal’

| May 19, 2015

The Australian tobacco industry’s claim that the illegal trade in tobacco products has been increasing seems to have been borne out, at least in respect of New South Wales (NSW). According to a story by Nicole Hasham for the Sydney Morning Herald, NSW Health has said that its inspectors have detected increased sales of illicit […]

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EU urged to go beyond TPD in fight against tobacco

EU urged to go beyond TPD in fight against tobacco

| May 19, 2015

An Irish member of the European Parliament has urged the EU to do more to fight the “scourge” of tobacco. Writing in the Parliament Magazine, Brian Hayes said the passing of the EU Tobacco Products Directive did not mark the end of the scourge of tobacco use in Europe. More needed to be done. And […]

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E-cigarettes recalled, e-liquids subject of warning

E-cigarettes recalled, e-liquids subject of warning

| May 19, 2015

The South Korean government has ordered a recall of some electronic cigarettes and issued a warning over others, according to a Yonhap News Agency story. It ordered the recall of 10 electronic cigarettes over concerns expressed by the Ministry of Trade, Industry and Energy that their power cord plugs could cause fires or electric shocks […]

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Global nicotine forum program finalized

Global nicotine forum program finalized

| May 19, 2015

The organizers of the Global Forum on Nicotine have announced that the final program for the event is now available at: http://gfn.net.co/2015-programme. The Forum is due to be held at the Marriott Hotel in Warsaw, Poland, on June 5 and 6, though an awards ceremony is scheduled to take place during the Forum’s Pre-conference Vape […]

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Benefits of growing tobacco in Fiji “immense”

Benefits of growing tobacco in Fiji “immense”

| May 18, 2015

Leaf tobacco production has increased slowly but steadily in Fiji, according to a story in The Fiji Times. The newspaper gave no production figures but said that about 500 Western Division farmers were involved in tobacco farming. And British American Tobacco Fiji leaf growing manager, Khondoker Abdul Matin, was quoted as saying that, overall, the […]

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CORESTA extends deadlines for paper abstracts

CORESTA extends deadlines for paper abstracts

| May 18, 2015

The deadline for the submission of presentation abstracts for CORESTA’s 2015 study group meetings has been extended to May 22. The Smoke Science and Product Technology (SSPT) meeting is due to be held at Jeju, South Korea, on October 4-8; while the Agronomy & Leaf Integrity and Phytopathology & Genetics (AP) meeting is due to […]

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Industry accused of meddling in public health

Industry accused of meddling in public health

| May 18, 2015

Three medical experts have said there is ‘troubling evidence’ that the tobacco industry is bringing its influence to bear on some Asian governments and thereby undermining public health, according to a story in the Hindustan Times citing a paper in the latest issue of the British Medical Journal. Indeed, British experts Nicholas S Hopkinson and […]

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Saudi Arabia urged to increase tobacco taxes

Saudi Arabia urged to increase tobacco taxes

| May 18, 2015

A health expert in Saudi Arabia has urged the authorities to increase cigarette prices after becoming concerned at the increasing number of young people, particularly schoolchildren, becoming addicted to smoking, according to a story in the Arab News. Professor Mohammad bin Jabir Yamani, chairman of the Naqaa society, was quoted as saying that the percentage […]

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Tobacco growers still the butt of price story

Tobacco growers still the butt of price story

| May 15, 2015

Zimbabwe’s flue-cured tobacco growers are continuing to suffer the effects of lower prices, which have fallen nearly 10 percent year-on-year. Growers sold 92.2 million kg of flue-cured for US$267.7 million at an average price of US$2.90 per kg as of May 8, according to a story by Tatira Zwinoira for Newsday Zimbabwe, relayed by the […]

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Trademark group joins battle against plain packs

Trademark group joins battle against plain packs

| May 15, 2015

The International Trademark Association (INTA) has joined the legal battle against standardized packaging for tobacco products ‘in order to champion property rights’, according to a Breitbart story. The INTA says that standardized packaging regulations should be rejected or repealed because, it believes, they violate various international treaties and national laws on trademark protection that safeguard […]

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JT’s cigarette volume up hugely in April

JT’s cigarette volume up hugely in April

| May 15, 2015

Japan Tobacco Inc’s domestic cigarette sales volume during April, at 9.2 billion, was up by 37.2 percent on that of April 2014, 6.7 billion, according to preliminary figures issued by the company today. The April 2014 figure was down by 30.2 percent on that of April 2013. Volume during January-April, at 34.6 billion, was down […]

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Lorillard declares quarterly divided

Lorillard declares quarterly divided

| May 15, 2015

Lorillard has declared a quarterly dividend on its common stock of $0.66 per share. The dividend is payable on June 10 to stockholders of record as of the close of business on June 1. But the dividend is dependent on whether or not the proposed acquisition of Lorillard by Reynolds American goes ahead. ‘As previously […]

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