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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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.
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
New York Governor Andrew Cuomo said yesterday that the state’s smoking rate fell last year to a historic low of 7.3 percent among high school students and 14.5 percent among adults, according to a story by Joseph Sector for the Democrat and Chronicle, relayed by the TMA. In 2011, smoking among high school students stood […]
C.Gars Auctions is due to hold its summer auction sale at The Bulgari Hotel in Knightsbridge, London, from 14.00 on June15. A press note from C.Gars said that the June auction would be the 15th such event since its auction department was established in 2009 ‘Auctioneer Jonathan Humbert will once again be conducting this important […]
In an industrial workshop in Strömsbruk, northern Sweden, multimedia artist Nils Olof Hedenskog is creating an installation that it is hoped will attract interest from art institutions around the world. The raw material he is working with is paperboard – specifically Invercote from Iggesund Paperboard. “For me there exists a tension between the limitlessness of […]
A project under which Egypt’s Eastern Tobacco Company is partnering with Malawi’s Auction Holdings Limited (AHL) to set up in Malawi a $20 million cigarette manufacturing plant is due to be completed within 18 months, according to a StarAfrica story. Late last month it was announced that the Malawi government and Eastern had signed a […]
The EU Commission has said it does not believe that current court cases brought against the new Tobacco Products Directive (TPD) pose obstacles to the directive’s implementation. The Commission was responding to a question by the Croatian MEP Dubravka Šuica. In part of the preamble to her question, Šuica said that some tobacco companies had […]
Smoking looked set to become costlier in Bangladesh during the new financial year after Finance Minister A.M.A. Muhith last week proposed imposing tax increases on tobacco products, acetate tow and tobacco-product paper, according to a story in The Financial Express. The budget proposals include too plans to increase the corporation tax levied on publicly-traded tobacco […]
Blending nature and technology
With Ploom Tech, Japan Tobacco ups the ante in heated-tobacco products.
