Breaking News

Anti-trust body clears RAI acquisition of Lorillard

Anti-trust body clears RAI acquisition of Lorillard

| May 27, 2015

Reynolds American (RAI) and Lorillard said yesterday that the US Federal Trade Commission (FTC) had voted to accept a proposed consent agreement, authorizing RAI to close its proposed $27.4 billion acquisition of Lorillard. The FTC clearance is subject to certain conditions, most of which the companies had previously agreed to as part of the related […]

Read More

Romania exports cigarettes to North Korea

Romania exports cigarettes to North Korea

| May 27, 2015

Romania exported goods worth €90 million (US$98.2 million) to North Korea in 2014, with cigarettes accounting for €83 million (US$90.5 million) of those exports, according to a Romania Insider story relayed by the TMA. British American Tobacco, Philip Morris International and Japan Tobacco International did not export any cigarettes to North Korea. But industry observers […]

Read More

Thailand looks to raise tobacco-buying age to 20

Thailand looks to raise tobacco-buying age to 20

| May 27, 2015

Increasing to 20 the minimum age for buying cigarettes is one of a number of measures contained in a tobacco-control bill endorsed by Thailand’s cabinet on Tuesday, according to a story in The Bangkok Post. In a move hailed by anti-smoking activists, the cabinet approved in principle legislation that would outlaw also the sale of […]

Read More

Essentra adds dedicated e-cigarette test laboratory

Essentra adds dedicated e-cigarette test laboratory

| May 27, 2015

Essentra Scientific Services (ESS) has increased the capacity of its laboratory at Jarrow, UK, with the addition of a new facility dedicated to testing electronic cigarettes. ‘The new laboratory complements Essentra’s full-service e-cigarette offering, and ensures it can continue to respond to the industry’s growing demand for reliable and high quality testing and analysis,’ Essentra […]

Read More

Bangladesh looks to break tobacco tax dependency

Bangladesh looks to break tobacco tax dependency

| May 26, 2015

The draft of a national tobacco tax policy prepared by Bangladesh’s National Board of Revenue provides for a shift away from ‘dependency on tobacco for internal revenue collection’, according to a story in The Financial Express. The proposed policy, which includes a time-framed action plan, is said to be aimed at keeping a tight rein […]

Read More

MEPs concerned over influence of 30,000 lobbyists

MEPs concerned over influence of 30,000 lobbyists

| May 26, 2015

Two French MEPs have asked the European Commission whether or not it intends in the future to allow itself to be influenced by pressure groups, including those representing tobacco-industry interests, ‘at the cost of democratic transparency’. They put the number of lobbyists in Brussels representing all interests at about 30,000. In a preamble to their […]

Read More

Indonesia’s electronic cigarette ban not set in stone

Indonesia’s electronic cigarette ban not set in stone

| May 26, 2015

Indonesia seems to be having second thoughts on imposing an outright ban on electronic cigarettes – but then again, perhaps not. A story in The Jakarta Post at the beginning of last week had the Trade Minister Rachmat Gobel saying that sales of electronic cigarettes would be banned in line with concerns voiced by the […]

Read More

Next week’s nicotine forum expected to attract 250

Next week’s nicotine forum expected to attract 250

| May 26, 2015

Hon Lik, the inventor of the electronic cigarette, is scheduled to address the 2nd Global Forum on Nicotine in Warsaw, Poland, next week. 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 […]

Read More

JT expected to sell beverage business to Suntory

JT expected to sell beverage business to Suntory

| May 26, 2015

Suntory Beverage & Food has said it will buy Japan Tobacco Inc’s beverage vending machine business for about ¥150 billion ($1.2 billion), according to a Reuters report citing figures from the industry publication Inryosouken. JT’s withdrawal from the business, which includes the sale of its Roots canned coffee and Momono Tennen-sui flavoured water brands, comes […]

Read More

Vapor less toxic according to Cultex study

Vapor less toxic according to Cultex study

| May 22, 2015

Cultex Laboratories—a leader in the research and development of cell-based exposure systems and cultivation technologies based in Hannover, Germany—has examined the cytotoxic effects of the vapor emitted by e-cigarettes. Using specially designed exposure models that made it possible to keep cells at an atmosphere that mimicked the real characteristics of a human lung, researchers conducting […]

Read More

PMI files plain packaging suit against UK government

PMI files plain packaging suit against UK government

| May 22, 2015

Philip Morris International today filed suit in the English High Court to contest the UK government’s recently introduced standardized packaging regulations for tobacco products. In a note posted on its website, PMI said it was seeking a decision that the regulations – which imposed a wholesale ban on logos and visual trademark elements and required […]

Read More

Low leaf tobacco prices cause concern in Zimbabwe

Low leaf tobacco prices cause concern in Zimbabwe

| May 22, 2015

Zimbabwe’s Parliamentary Portfolio Committee on Lands and Agriculture has expressed concern over the low prices being offered at tobacco auction floors this season, according to a story in The Herald. It has urged stakeholders to educate growers on what they have to do to be rewarded with good returns for their tobacco. The committee members […]

Read More

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, […]

Read More

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 […]

Read More

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, […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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. […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More