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Spending on cigarettes falling steadily

Spending on cigarettes falling steadily

| May 9, 2014

Household spending on cigarettes fell in South Korea for the eighth consecutive year in 2013, but more money was spent on alcohol, according to a Yonhap News Agency story. A household comprising two people or more spent an average of KRW17,263 (US$16.9) per month on tobacco last year, or 0.7 percent of the average income […]

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E-cigarettes enjoy massive growth

E-cigarettes enjoy massive growth

| May 9, 2014

E-cigarettes have enjoyed massive growth in the U.S. during the past two years, with sales increasing from $283 million in 2012 to $537 million in 2013, according to new research by Mintel. In 2013, the market for e-cigarettes was on par with the market for smoking cessation gum, the largest segment of the smoking cessation […]

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Researchers want cigarette filters banned

Researchers want cigarette filters banned

| May 9, 2014

Banning cigarette filters is one of a number of policies recently put forward by U.S.-based researchers as a way of reducing or eliminating the environmental problems caused by carelessly discarded butts. Such a policy might seem extreme, but those proposing it describe filtered cigarettes as a “farce” in terms of consumer safety. And they cite […]

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Joint cartonboard congress in September

Joint cartonboard congress in September

| May 9, 2014

ECMA, the European Carton Manufacturers’ Association, and Pro Carton, the European Association of Carton and Cartonboard Manufacturers, are due to hold their first joint congress Sept. 17–20 in Sorrento, Italy. A note on the Pro Carton website said the congress would be open to the whole supply chain, with brand owners and other industry partners […]

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Reynolds American declares dividend

Reynolds American declares dividend

| May 9, 2014

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 will be payable on July 1 to shareholders of record on June 10. RAI said that this was the 40th consecutive quarterly cash dividend since it had become […]

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Ethiopia mulls bid for tobacco monopoly

Ethiopia mulls bid for tobacco monopoly

| May 8, 2014

Ethiopia’s Public Enterprises Board is due to decide by tomorrow whether to accept Sheba Investment’s request to buy an additional 48 percent share in the state-owned National Tobacco Enterprise (NTE), according to an Addis Fortune story. The Yemeni-based Sheba already owns a 22 percent share in NTE, which it acquired in 1999. Sheba’s request followed […]

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Zambian growers unhappy with prices

Zambian growers unhappy with prices

| May 8, 2014

Tobacco growers in the Kaoma and Nkeyema districts of Western Province, Zambia, are complaining about what they see as the low prices being offered and the buying methods being used by Alliance One Zambia (AOZ), according to a Times of Zambia story. The growers said they had been spending nights at the company’s sheds hoping […]

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Nicotine forum program announced

Nicotine forum program announced

| May 8, 2014

The first Global Forum on Nicotine, which is due to be held in Poland next month, will include four plenary sessions and three parallel sessions, according to a press note issued by the organizers yesterday. The forum, at the Marriott Hotel, Warsaw, June 27–28, is being organized by KAC, which stages public health and addictions […]

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Altria to webcast shareholder meeting

Altria to webcast shareholder meeting

| May 8, 2014

The Altria Group is due to host a live audio webcast of its 2014 Annual Meeting of Shareholders from 9 a.m. Eastern Time on May 14. The webcast will be in listen-only mode. Pre-event registration is necessary and directions are posted at www.altria.com. An archived copy of the webcast will be available at the same […]

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PMI holds annual shareholder meeting

PMI holds annual shareholder meeting

| May 8, 2014

At Philip Morris International’s 2014 Annual Meeting of Shareholders yesterday, the chairman of the board, Louis C. Camilleri, addressed shareholders and answered questions, while CEO André Calantzopoulos gave the business presentation, including updates on the dynamics in key markets and on the principal drivers for growth in 2014 and beyond. An archived copy of the […]

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Swedish Match declares dividend

Swedish Match declares dividend

| May 8, 2014

Swedish Match held its 2014 annual general meeting yesterday when it was resolved, in accordance with a proposal from the board of directors, to pay a dividend of SEK7.30 per share. The day of record for the right to receive a cash dividend is May 12. Payment through Euroclear Sweden is expected to be made […]

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Volunteering to stem a tide of garbage

Volunteering to stem a tide of garbage

| May 8, 2014

Imperial Tobacco employees in the Philippines are improving their local environment by helping to maintain a river estuary near the company’s Cavite factory. The Philippine Bobbin Corp. (PBC) has joined with other local businesses in an environmental protection scheme by adopting the Maalimango River. To mark World Water Day, more than 60 employees from the […]

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Imperial’s total tobacco volume down 8 percent during first half

Imperial’s total tobacco volume down 8 percent during first half

| May 7, 2014

Imperial Tobacco’s total tobacco volume during the six months to the end of March, at 140 billion stick equivalents, was down by 8 percent on that of the six months to the end of March 2013. Stick equivalent volume is said to include cigarette, fine-cut tobacco, cigar and snus volumes. Growth Brand volume was down […]

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Campaign promoting China smoking ban

Campaign promoting China smoking ban

| May 7, 2014

A monthlong publicity campaign is being run in China aimed at promoting a nationwide ban on smoking in public places, according to a story in the South China Morning Post quoting the Xinhua news agency. A spokesman for the National Health and Family Planning Commission, Mao Qunan, told a launch ceremony in Beijing on Monday […]

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E-cigarette cartridges to be made in U.S.

E-cigarette cartridges to be made in U.S.

| May 7, 2014

White Cloud Electronic Cigarettes says that it is taking a major step toward moving its operations to the U.S. by basing production of its e-cigarette cartridges entirely in the U.S. from May 15. The company described the move as “unorthodox” within the e-cigarette industry, which largely relies on China-based manufacturing. “White Cloud already makes its […]

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PMI to webcast summit presentation

PMI to webcast summit presentation

| May 7, 2014

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts of remarks by CFO Jacek Olczak and a question-and-answer session during the Goldman Sachs Global Staples Summit starting about 08.55 hours Eastern Time on May 13. The webcast, which will be in listen-only mode, will provide live audio of the entire PMI […]

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RAI to webcast summit presentation

RAI to webcast summit presentation

| May 7, 2014

Reynolds American is due to host a webcast of business remarks by president and CEO Susan M. Cameron at the Goldman Sachs Global Staples Summit in New York starting about 10:45 a.m. Eastern Time on May 13. The webcast, which will be in listen-only mode, will be available at www.reynoldsamerican.com, where registration is now available. […]

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Lorillard to webcast summit presentation

Lorillard to webcast summit presentation

| May 7, 2014

Lorillard’s chairman, president and CEO, Murray S. Kessler, and its CFO, David H. Taylor, are due to participate in the Goldman Sachs Global Staples Summit in New York City from 1:20 p.m. to 1:50 p.m. Eastern Time on May 13. The presentation, which will be webcast live, can be accessed through the Investor Relations section […]

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Cuba says U.K. is anti-capitalist

Cuba says U.K. is anti-capitalist

| May 6, 2014

Cuba has accused the U.K. of being anti-capitalist and threatening free trade with its plans to introduce standardized packaging for cigarettes and cigars, according to a story on The Telegraph Online. In a letter to the World Trade Organization, the country said it recognized the U.K.’s right to apply measures aimed at protecting the health […]

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E-cigarettes to come in from the cold

E-cigarettes to come in from the cold

| May 6, 2014

Thailand’s Public Health Ministry plans to push through legislation to drag e-cigarettes under existing laws controlling the sale of tobacco cigarettes, according to a story in The Nation. The move seems to be a step forward for e-cigarettes, which have been banned in Thailand for about five years but, nevertheless, have been growing in popularity. […]

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TPD compliance could cost €200 million

TPD compliance could cost €200 million

| May 6, 2014

British American Tobacco expects compliance with the new European Commission’s Tobacco Products Directive (TPD) to cost it between €100 million and €200 million during the next two years as it alters machinery to meet new packaging rules, according to a Reuters story. The TPD—directive 2014/40/EU of April 3, 2014—which governs the laws, regulations and administrative […]

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Imperial to release results tomorrow

Imperial to release results tomorrow

| May 6, 2014

Imperial Tobacco is due tomorrow to host a live webcast of the release of its first-half results. The live webcast and the slides of a presentation to analysts and investors will be made available at http://www.imperial-tobacco.com from 8:50 a.m. U.K. time on May 7. The presentation transcript will be available on the same site from […]

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Health alert: Fast food takes up smoking

Health alert: Fast food takes up smoking

| May 6, 2014

Municipal Police in Prague have apparently fined a man dressed as a slice of pizza for smoking a cigarette in a public transportation station, according to a Prague Post story. Smoking is forbidden at metro and tram stops, as well as on all public transportation. Photographer and local resident Stefan Berec posted a picture of […]

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Cracking down on cigarette smuggling

Cracking down on cigarette smuggling

| May 2, 2014

China’s customs and tobacco authorities destroyed 375,890 cartons of smuggled cigarettes said to be “worth” CNY22 million (US$3.6 million) in Zhanjiang City, Guangdong, on Tuesday, according to a China Radio International report. The cigarettes were said to have included more than 30 brands, including Marlboro, 555 and Double Happiness. They were shredded and then burned […]

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After the beast comes the reckoning

After the beast comes the reckoning

| May 2, 2014

The EU’s new Tobacco Products Directive (TPD), which was published on April 29, has come in for some criticism, and could come in for more. Ewald Stadler, an Austrian member of the European Parliament, has asked the European Commission for information about what were the costs incurred by the TPD trilogue negotiations. In a preamble […]

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