Molins

Breaking News

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, together, Reynolds and Altria will account for about eight out of every 10 cigarettes sold in the country.

Reynolds first announced plans to buy Lorillard in July last year.

The full story is at: http://www.bloomberg.com/news/articles/2015-05-21/reynolds-said-set-to-win-antitrust-clearance-for-lorillard-deal.

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 rise in the number of ex-smokers using electronic cigarettes.

The campaign group said the figures showed the ‘value’ of electronic cigarettes in helping smokers give up tobacco.

But it warned of a ‘worrying’ increase in people falsely believing that electronic cigarettes were as harmful as or even more dangerous than traditional tobacco cigarettes.

Twenty two percent of people were said to believe that electronic cigarettes were as harmful as or even more dangerous than traditional tobacco cigarettes, up from 15 percent last year.

ASH said analysis by researchers at King’s College London had shown that electronic cigarette use had increased among ex-smokers from 4.5 percent in 2014 to 6.7 percent in 2015, but remained the same among current smokers at 17.6 percent.

Vaping remains rare amongst people who have never smoked, with just 0.2 percent of users falling into this category during the past three years.

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, and together they get through about 12 billion cigarettes annually.

About 23,000 people in Saudi Arabia die of smoking-related causes every year and the number of people who have cancer caused by smoking is said to be about 10,000, with 80 percent of lung cancer patients identifying as smokers.

Meanwhile, Mubarak Al-Harthy, executive director of the Charitable Society for Former Drug Abusers, said a study the society had conducted had shown that 30 percent of school students between 13 and 15 years of age smoked cigarettes.

But it is not all bad news. Al-Harthy said many smokers believed it was difficult to quit the habit, but this was not true. With strong determination and will, a smoker could easily quit this habit, he said.

“Of course there are withdrawal symptoms but they can be treated and dealt with at specialized clinics for smokers who are trying to quit,” he added.

“The clinics, run by the Ministry of Health, can help smokers kick the habit and lead a healthy and long life.”

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 setting and with a long puff duration generated levels of formaldehyde that, if inhaled in this way throughout the day, would several times exceed formaldehyde levels that smokers ingest from traditional tobacco cigarettes, according to a press note from the journal Addiction.

This apparent new electronic-cigarette health hazard was reported worldwide.

But a new study published online today in the scientific journal Addiction took a closer look at the NEJM findings in the context of real-world conditions and came to a different conclusion. ‘It concluded that 3rd generation e-cigarettes can indeed produce high levels of aldehydes – but only under extreme conditions which human smokers can be expected to avoid because of the immediate unpleasant sensory effects,’ the press note said.

‘The Addiction study, led by cardiologist Dr. Konstantinos Farsalinos, found that it was possible to get e-cigarettes to produce high levels of aldehydes, but only in what is known colloquially as “dry puff” conditions.  As Farsalinos explains: “Our results verify previous observations that it is possible for e-cigarettes to generate high levels of aldehydes; however, this is observed only under dry puff conditions, which deliver a strong unpleasant taste that vapers detect and avoid, by reducing power levels and puff duration or by increasing inter-puff interval. Minimal amounts of aldehydes are released in normal vaping conditions, even if high power levels are used. In those normal-use conditions, aldehyde emissions are far lower than in tobacco cigarette smoke.”’

Professor Peter Hajek, director of the Tobacco Dependence Research Unit at Barts and The London School of Medicine and Dentistry, UK, was quoted as saying that the findings of the Addiction study emphasized the importance of making clear the conditions in which tests were undertaken and avoiding sweeping assertions that could mislead the public.

“Vapers are not exposed to dangerous levels of aldehydes,” he said.

“My reading of the evidence is that e-cigarettes are at least 95 percent safer than smoking. Smokers should be encouraged to switch to vaping.”

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 boxes to 35,000 boxes a month.

According to the Regie’s director-general, Nassif Meskawi, the new factory has a license to manufacture leading international tobacco brands.

In inaugurating the new facility, Khalil was said to have heaped praise on the Regie. “Regrettably, there was a long-standing view in the state and the system that the Lebanese economy has no room for productive sectors such as industry and agriculture,” the minister said; before adding that his relatively short experience had confirmed that industry should play a prominent role in Lebanon.

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 has established an inventory position and sheeting capabilities in Pomona, CA [California] with the objective of making Invercote readily available for quick turn market demand. The primary goal is to be able to serve the commercial print and packaging cluster in California and beyond.

‘Iggesund will focus its sales & marketing efforts on premium packaging and graphical print applications, building on the foundation of offset and digital print business recently established through a network of merchant distributors.’

Meanwhile, Rickard Österlindh, president Iggesund Americas said that the company had been in the US for more than 30 years but its distribution footprint had been concentrated on the east coast. “Now is the time to increase our presence on the West Coast, where we know there is a density of brand owners who will appreciate the quality level we offer with Invercote,” he said.

Enhanced distribution from coast to coast in the US is said to be just one step in Iggesund’s ‘overarching effort to become a unified global entity by strengthening its service platform outside Europe’.

Rickard Österlindh; looking west.

Rickard Österlindh; looking west.

white cloud cigarettes

pattyn banner

itm banner

Burghart

Burghart