Breaking News

Imperial puts a toe in the caffeine-product market

Imperial puts a toe in the caffeine-product market

| January 29, 2015

Imperial Tobacco is moving into caffeine products with the launch of a melt-in-the-mouth strip designed to give an energy boost in seconds, according to a story by Martinne Geller for Reuters. Reon, which was developed by Imperial’s Fontem Ventures subsidiary, is available in flavors such as ‘grapefruit & zing’ and ‘black currant & fresh. It […]

Read More

Imperial shareholders approve US assets acquisition

Imperial shareholders approve US assets acquisition

| January 29, 2015

Imperial Tobacco shareholders yesterday approved the acquisition by the company’s wholly-owned subsidiary, ITG Brands, of a portfolio of US cigarette brands, the electronic cigarette brand blu, and the national sales force, offices and production facilities currently owned by Lorillard. These assets are currently owned by Reynolds American Inc and Lorillard. Yesterday, too, Reynolds and Lorillard […]

Read More

RAI approves stock for Lorillard acquisition

RAI approves stock for Lorillard acquisition

| January 28, 2015

Reynolds American (RAI) shareholders today approved two proposals related to the company’s anticipated acquisition of Lorillard—the issuance of RAI common stock to shareholders of Lorillard and the issuance of RAI common stock to British American Tobacco. Approval of both proposals is a condition to the obligations of Reynolds American and Lorillard to complete the deal. […]

Read More

Minimum tobacco purchase age could rise to 25

Minimum tobacco purchase age could rise to 25

| January 28, 2015

India looks set to bring in additional stringent anti-tobacco measures, including a ban on the sale of single cigarettes, which, Bloomberg reported earlier this week, make up about 70 percent of the country’s cigarette sales. The measures would involve, also, increasing the minimum age for buying tobacco products from 18 to 21, and eventually to […]

Read More

Company team building hit by cigarette price hike

Company team building hit by cigarette price hike

| January 28, 2015

The massive tobacco-product tax increase imposed in South Korea on January 1 has had considerable repercussions, at least one of which was probably not foreseen, according to a story in The Korea Herald. Anecdotal evidence suggests that there might have been a reduction in the number of company dinners being held as team-building exercises. This […]

Read More

Illicit tobacco sold by carpet shops, road sweepers

Illicit tobacco sold by carpet shops, road sweepers

| January 28, 2015

Philip Morris Ltd is aiming to roll out a retailer education program across the UK later this year as part of its campaign to fight the illegal tobacco trade, according to a Talking Retail story quoting the Independent Retail News. PML carried out a trial program in the city of Manchester and is now evaluating […]

Read More

RAI to webcast results conference call

RAI to webcast results conference call

| January 28, 2015

Reynolds American Inc. is due to host a conference call and webcast from 09.00 Eastern Time on February 10 following the release of its fourth-quarter 2014 financial results. The speakers will be Susan M. Cameron, president and CEO, Thomas R. Adams, CFO, and Morris L. Moore, vice president of investor relations. The conference call and […]

Read More

Andhra looks to have produced above-target crop

Andhra looks to have produced above-target crop

| January 28, 2015

Flue-cured tobacco production in the Indian state of Andhra Pradesh is likely to reach 190-200 million kg, according to a story in the latest issue of the BBM Bommidala Group newsletter quoting initial estimates. The Tobacco Board of India had set a crop target of 172 million kg for the state. Meanwhile, the Indian Tobacco […]

Read More

China expecting increase in smoking among women

China expecting increase in smoking among women

| January 27, 2015

Current data indicates that the smoking rate among women in China is ‘very likely’ to rise ‘even further’, according to a story by Mason Coltrane for Yibada. Coltrane said the issue of smoking among women was no longer confined to the northern rural regions of the country where middle-aged and elderly women had traditionally smoked […]

Read More

TPP concerns voiced by 47 Australian groups

TPP concerns voiced by 47 Australian groups

| January 27, 2015

There is mounting opposition in Australia to the proposed Trans-Pacific Partnership (TPP); opposition that mirrors that in the EU to the Transatlantic Trade and Investment Partnership (TTIP). According to a Scoop (New Zealand) story, an unusually diverse mix of 47 Australian community groups have written an open letter to the Trade Minister citing mounting evidence […]

Read More

Tobacco tax revenues diverted to paintball activities

Tobacco tax revenues diverted to paintball activities

| January 27, 2015

Taiwan Solidarity Union (TSU) lawmakers yesterday accused the government of using tobacco tax revenues to sponsor festivals and print calendars instead of focusing on smoking prevention and health promotion, according to a story in the Taipei Times. “Each year, the government collects about NT$20 billion [US$638.2 million] in tobacco taxes, which are supposed to be […]

Read More

E-cigarettes to be confined to carry-on baggage

E-cigarettes to be confined to carry-on baggage

| January 27, 2015

Airline passengers should add electronic cigarettes to the list of items that may not be stored in their checked luggage, according to a story by Alan Levin for Bloomberg. The US Federal Aviation Administration (FAA), which already bans flammables and explosives in checked baggage, is now warning airlines about the fire risk from electronic cigarettes. […]

Read More

Buyers want only flavor tobacco from Zimbabwe

Buyers want only flavor tobacco from Zimbabwe

| January 27, 2015

Preparations for Zimbabwe’s 2015 flue-cured marketing season have started with merchants indicating they will not be buying low-grade tobacco this season, according to a story by Elita Chikwati for the Zimbabwe Herald. The Tobacco Industry and Marketing Board chairperson, Monica Chinamasa, was quoted as saying that buyers wanted good cured leaf and would not accept […]

Read More

KT&G profit soars ahead of tax hike

KT&G profit soars ahead of tax hike

| January 26, 2015

KT&G Corp. reported net income of KRW813.8 billion ($751.9 million) in 2014, up from KRW559.3 billion in 2013, reports The Korea Times. Operating profit went up 15.6 percent on-year to KRW1.17 trillion last year, and sales gained 7.6 percent to KRW4.11 trillion. The solid performance was attributable to increased sales in the local market ahead […]

Read More

Health fears voiced over loss of EU leaf from blends

Health fears voiced over loss of EU leaf from blends

| January 26, 2015

In asking a number of questions about the state of leaf tobacco production in the EU, the Hungarian member of the European parliament, Norbert Erdős, has again raised the issue of whether certain types of cigarettes are less harmful than are others. Such issues are more usually raised in respect of genuine as opposed to […]

Read More

NZ tax hike lifts interest in home-grown tobacco

NZ tax hike lifts interest in home-grown tobacco

| January 26, 2015

In the city of Tauranga, New Zealand, smokers who grow their own leaf tobacco are making money by using websites and social media pages to sell tobacco plant seeds to others looking to reduce their costs of smoking following a recent 10 percent tax hike. According to a story by Rebecca Savory for the Bay […]

Read More

Second FDA e-cigarette workshop date announced

Second FDA e-cigarette workshop date announced

| January 26, 2015

The US Food and Drug Administration says that its second public workshop on electronic cigarettes is due to be held on March 9-10. The first of a series of three planned workshops was held last year. The agenda for the March 2015 workshop is said to focus on the impact of electronic cigarettes on a […]

Read More

Online vintage cigar auction under way

Online vintage cigar auction under way

| January 26, 2015

Cigar aficionados are now bidding in C.Gars’ online vintage cigar auction, which is due to end on February 1. The auction includes 270 lots of vintage, mature and limited-edition Cuban and Dominican cigars and is expected to realize more than £300,000. ‘In 2014, 1,000 boxes of vintage cigars were auctioned by us, online and offline, […]

Read More

Indian government measures hurting ITC

Indian government measures hurting ITC

| January 26, 2015

ITC’s profit during the quarter that ended on December 31, at Rs26.35 billion, fell slightly short of analysts’ estimates of Rs26.92 billion as higher taxes on cigarettes and a government push to discourage tobacco consumption throughout India hurt sales, according to a Reuters story. ITC, which accounts four out of every five cigarettes sold in […]

Read More

Public should be told of vapor products’ advantages

Public should be told of vapor products’ advantages

| January 23, 2015

Vapor products seem to have hit a rocky patch in the US and it is possible that only well thought out regulation will help smooth the way ahead. Bonnie Herzog, the managing director of Beverage, Tobacco & Convenience Store Research at Wells Fargo Securities, says that a survey her group had conducted among about 20,000 […]

Read More

Plain packs proposal “a serious error of judgement”

Plain packs proposal “a serious error of judgement”

| January 23, 2015

Legislation aimed at imposing in the UK standardized packaging for cigarettes and fine-cut tobacco is due to be put before parliament during the current session, which is scheduled to end on March 30. Many observers had assumed that the legislation would not be introduced until after May 7, when the UK is due to go […]

Read More

JTI’s response to factory jobs plan “contemptuous”

JTI’s response to factory jobs plan “contemptuous”

| January 23, 2015

Japan Tobacco International has rejected a trade union plan to save 500 jobs at the Gallaher cigarette factory site in Northern Ireland, according to a story by Henry McDonald for The Guardian. Unite, the union representing most workers at the plant, confirmed on Wednesday that the owners planned to end production there by 2017. Overall […]

Read More

Health minister backs quitting with e-cigarettes

Health minister backs quitting with e-cigarettes

| January 23, 2015

The health minister of Canada’s Quebec province, Gaétan Barrette, has come out in favour of using electronic cigarettes as a way to quit smoking, according to a story by Geoffrey Vendeville for the Montreal Gazette. “Electronic cigarettes are a means to quit smoking that is clearly extraordinarily efficient,” he told reporters after a legislative committee […]

Read More

Imperial to put US assets acquisition to shareholders

Imperial to put US assets acquisition to shareholders

| January 23, 2015

Imperial Tobacco is due to hold its Annual General Meeting on January 28. And, following the conclusion of the AGM, a general meeting will be held to seek shareholder approval for the proposed acquisition of assets in the US. The presentation transcripts and slides from both meetings will be available on the company’s website following […]

Read More

Latest Beijing tobacco smoking ban to be enforced

Latest Beijing tobacco smoking ban to be enforced

| January 21, 2015

Beijing residents have been assured that a tobacco smoking ban due to come into force later this year will be enforced, according to a Global Times story quoting the Xinhua news agency. The Beijing municipal legislature in November passed an anti-smoking bill banning smoking in all indoor public places and workplaces, and on public transport. […]

Read More