Breaking News

AOI planning ‘comprehensive global restructuring’

AOI planning ‘comprehensive global restructuring’

| February 10, 2015

In announcing yesterday its third quarter results to the end of December, Alliance One International’s CEO and president, Pieter Sikkel, said that the company was planning a comprehensive global restructuring program to position it better for the future. The restructuring program would start during the fourth quarter and be completed over18 months. ‘As part of […]

Read More

Imperial to issue interim statement

Imperial to issue interim statement

| February 10, 2015

UK-based Imperial Tobacco is due to issue an Interim Management Statement on February 12.

Read More

RAI to webcast Cameron conference remarks

RAI to webcast Cameron conference remarks

| February 10, 2015

Reynolds American Inc. is due to host a webcast of remarks made by president and CEO, Susan M. Cameron, at the Consumer Analyst Group of New York Conference starting about 17.30 Eastern Time on February 17. The webcast will be available on a listen-only basis at www.reynoldsamerican.com, where registration is now open. The presentation slides […]

Read More

BAT rolls out Dunhill Pocket Pack for price-sensitive consumers

BAT rolls out Dunhill Pocket Pack for price-sensitive consumers

| February 9, 2015

British American Tobacco Korea plans to launch Dunhill Pocket Pack, a limited edition, 14-cigarette pack that costs only krw3,000 ($2.75). Although the pack is smaller — most packs have 20 cigarettes — the seemingly inexpensive price might be an appealing selling point  in South Korea, where many smokers have decided to quit or cut back […]

Read More

How would plain packs legislation fare under TTIP?

How would plain packs legislation fare under TTIP?

| February 9, 2015

An Irish member of the European Parliament has sought to widen the standardized-packaging debate by placing it against the background of trade agreements currently being negotiated. In a written question to the European Commission, MEP Nessa Childers asked whether the Commission considered non-discriminatory standardized packaging legislation, such as that applicable to cigarette packaging, to be […]

Read More

Tobacco Promotion Board under fire in India

Tobacco Promotion Board under fire in India

| February 9, 2015

A group of tobacco control activists and supporters staged a demonstration in Chennai, India, on Saturday demanding the closure of the ‘Tobacco Promotion Board’, according to a story in the Times of India. Members of the Tamil Nadu People’s Forum for Tobacco Control said that while the health ministry was working on improving the country’s […]

Read More

High levels of smoking among Saudi’s young women

High levels of smoking among Saudi’s young women

| February 9, 2015

Sixty five percent of Saudi secondary schoolgirls and 45 percent of the country’s intermediate schoolgirls are ‘smokers’, according to a story in Arab News quoting the results of a recently-published survey. The survey, conducted by the Faculty of Medicine at the Jeddah-based King Abdulaziz University, said the rates of smoking posed a ‘real threat’ to […]

Read More

Non-duty-paid cigarettes hit legitimate market

Non-duty-paid cigarettes hit legitimate market

| February 9, 2015

Taxed cigarettes’ share of the Philippines’ market declined last year, according to a story in The Philippine Star quoting Philip Morris International’s fourth quarter and full-year report. PMI was quoted as saying that the estimated industry-wide tax-paid cigarette volume fell by 4.6 percent to about 82.3 billion units last year, reflecting the prevalence of domestic […]

Read More

New CEO for Scandinavian Tobacco Group

New CEO for Scandinavian Tobacco Group

| February 9, 2015

Niels Frederiksen will take over on March 1 from Anders Colding Friis as the CEO of the Scandinavian Tobacco Group (STG), according to a story in the Copenhagen Post. Frederiksen, who has more than 15 years of experience in the tobacco industry, is currently STG’s executive vice president of the global supply chain and a […]

Read More

Tobacco season to be pushed back

Tobacco season to be pushed back

| February 6, 2015

Zimbabwe is likely to push back the start of its tobacco marketing season by about a month from the traditional mid-February period. Tobacco Industry and Marketing Board Chief Executive Dr. Andrew Matibiri said that most of the dry-land crop, which accounts for most of the tobacco grown, is still in the early stages of maturing. […]

Read More

EU shines glimmer of light on PMI’s gloomy volumes

EU shines glimmer of light on PMI’s gloomy volumes

| February 6, 2015

Philip Morris International’s shipment volumes during the 12 months to the end of December, at 855,954 million, were down by 2.8 percent on those of the 12 months to the end of December 2013, 880,169 million. Volumes were increased by 0.1 percent to 185,197 million in its EU region, but fell in each of its […]

Read More

Imperial launching lifestyle electronic cigarette

Imperial launching lifestyle electronic cigarette

| February 6, 2015

Imperial Tobacco is due to launch a new electronic cigarette in France on Monday, a move that, according to a story by Martinne Geller for Reuters, will give the company a lifestyle brand to stand alongside its existing brand, Puritane, which is marketed more as a healthcare product. The new brand, called Jai, will be […]

Read More

Good and bad news on Latvia’s contraband sales

Good and bad news on Latvia’s contraband sales

| February 6, 2015

Twenty eight point nine percent of the cigarettes smoked in Latvia last year were contraband, according to a report in The Baltic Course (UK) citing a study carried out by AC Nielsen during the fourth quarter of 2014. The good news is that 28.9 percent was the lowest proportion recorded by Latvia during the past […]

Read More

Reynolds declares quarterly dividend

Reynolds declares quarterly dividend

| February 6, 2015

Reynolds American Inc.’s board of directors has declared a quarterly cash dividend on the company’s common stock of $0.67 per share ($2.68 per share annualized). The dividend is payable on April 1 to shareholders of record as of March 10. Reynolds reported that this was the 43rd consecutive quarterly cash dividend that it had declared […]

Read More

Virginia votes to keep kids toiling in tobacco fields

Virginia votes to keep kids toiling in tobacco fields

| February 5, 2015

The US’ National Consumers League (NCL) has said it is deeply disappointed by the defeat of a Virginia State Legislature bill that would have been the first of its kind to protect children from working in tobacco fields. “This takes us back a century ago when children in America were working in mines, factories, and […]

Read More

JT’s domestic and international volumes down

JT’s domestic and international volumes down

| February 5, 2015

Japan Tobacco Inc reported today that its domestic cigarette sales volume during the year to the end of December, at 112.4 billion, was down by 3.6 percent on that of the year to the end of December 2013, 116.5 billion. JT said that its volume had been affected by a decline in overall industry volumes, […]

Read More

New tobacco law being fast-tracked in Thailand

New tobacco law being fast-tracked in Thailand

| February 5, 2015

Thailand’s Public Health Minister Rajata Rajatanavin yesterday blamed the finance and agriculture ministries for delaying a new, stricter law aimed at controlling the consumption of tobacco and cigarettes, according to a story in The Nation. Rajata said the two ministries had until next week to come up with their stance on the much-awaited bill or […]

Read More

Altria to webcast conference presentation

Altria to webcast conference presentation

| February 5, 2015

The Altria Group is due to host a webcast of its business presentation at the annual Consumer Analyst Group of New York conference in Boca Raton, Florida, starting about 09.15 Eastern Time on February 18. The webcast, which will be in listen-only mode, will feature a presentation by Marty Barrington, chairman and CEO, and other […]

Read More

Salvoy Acetow introduces Rhondia Micro Tow

Salvoy Acetow introduces Rhondia Micro Tow

| February 4, 2015

Solvay Acetow has introduced a new product—Rhondia Micro Tow. Rhondia Micro Tow offers a top-quality and highly customized tow specification, and extends the range of low-denier tow items. The new specification provides low pressure drop and guaranteed filtration efficiency while delivering a high standard of quality. Rhodia is also suitable for low diameter filters with […]

Read More

Production declines point to more balanced market

Production declines point to more balanced market

| February 4, 2015

The current outlook for 2015 tobacco crops indicates decreased production volumes in the key growing areas, which is an important step towards more balanced markets, according to George C. Freeman, III, chairman, president, and CEO of Universal Corporation. Freeman was speaking yesterday as he presented the company’s third-quarter results. “The current fiscal year continues to […]

Read More

June deadline for Kenya’s graphic pack warnings

June deadline for Kenya’s graphic pack warnings

| February 4, 2015

Graphic health warnings are due to become a requirement on cigarette packs sold in Kenya from June, according to a story by Margaret Wahito for Capital FM Kenya. The full-color graphics are to appear on the front and back panels accompanied by black and white text warnings that will be in English on the front […]

Read More

Complaint filed over use of tobacco-goods surcharge

Complaint filed over use of tobacco-goods surcharge

| February 4, 2015

A smokers’ rights group yesterday filed a complaint with Taiwan’s Control Yuan, urging the watchdog organization to look into recent allegations that the Health Promotion Administration (HPA) had misused the health and welfare surcharge on tobacco products, according to a story in the Taipei Times.(Wikipedia describes the Control Yuan as being one of five branches […]

Read More

Japan Tobacco moves to sharpen tobacco focus

Japan Tobacco moves to sharpen tobacco focus

| February 4, 2015

In announcing today its decision to withdraw from the beverage business, Japan Tobacco Inc said that enhancing the competitiveness of its tobacco business was the priority for its resource allocation. In a note posted on its website, JT said that its board of directors had resolved to withdraw from the manufacture and sale of beverage […]

Read More

Flue-cured export earnings up hugely in Zimbabwe

Flue-cured export earnings up hugely in Zimbabwe

| February 3, 2015

Zimbabwe’s flue-cured exports in January, at 23.5 million kg, were up by 327 percent on those of January 2014, 5.5 million kg, according to a story in the Zimbabwe Herald. Export prices were said to have averaged $7.70 per kg in January, up from $4.22 per kg during January 2013. As a result, flue-cured export […]

Read More

Administrators lead the way in South Lebanon

Administrators lead the way in South Lebanon

| February 3, 2015

Public administration buildings in South Lebanon are due to become tobacco smoke-free zones from March 1, according to a story by Mohammed Zaatari for the Daily Star that quoted an announcement by the South Lebanon Governor Mansour Daou. The ban, part of Law 174, which prohibits smoking in all public places, will apply to all […]

Read More