Breaking News

PMI to host results webcast July 16

PMI to host results webcast July 16

| July 10, 2015

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts starting at 09.00 Eastern Time on July 16 to discuss its 2015 second-quarter results, which will be issued about 07.00 the same day. During the webcast, which will be in listen-only mode, CFO Jacek Olczak will discuss the results and answer questions […]

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U.S. Tobacco Cooperative pays member growers $5.6 million in cash dividend

U.S. Tobacco Cooperative pays member growers $5.6 million in cash dividend

| July 9, 2015

The board of directors of the U.S. Tobacco Cooperative (USTC)—a leading producer and processor of high-quality U.S. flue-cured tobacco headquartered in Raleigh, North Carolina, USA—has declared a patronage dividend of $0.17 per pound of tobacco sold to the Cooperative during fiscal year 2015. The total dividend for fiscal year 2015 was $10.7 million, a 9.1 […]

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Malfeasant smugglers and their flying machines

Malfeasant smugglers and their flying machines

| July 3, 2015

Measures aimed at combating corruption, enforcing border controls and enhancing cross-border co-operation are being constantly revised in the fight against the illegal tobacco trade operating across Romania’s borders with non-EU countries. This was part of the reply by the EU Commission to a question posed by the Romanian member of the European Parliament, Daniel Buda. […]

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France bans smoking in cars with young passengers

France bans smoking in cars with young passengers

| July 3, 2015

It is now illegal in France to smoke in a car when a person younger than 12 years of age is a passenger, according to a story in The Local France. Those caught breaking the law will face a fine of €68. But smokers needn’t think they are being singled out. The Local pointed out […]

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Brands to go in Germany after TPD brought in

Brands to go in Germany after TPD brought in

| July 3, 2015

The new EU Tobacco Products Directive (TPD) will result in cigarette brands with a market share of 1 percent or less being taken off the German market, according to a Die Welt story. Such brands would no longer be profitable, the newspaper said. Under the TPD, which has to be included within national laws by […]

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New high-capacity flavor applicator from Kaymich

New high-capacity flavor applicator from Kaymich

| July 3, 2015

C. B. Kaymich is launching two new pieces of equipment: its new High Capacity Gemini Flavour Application System and the CM7A7Ax Hot Melt Controller. Orders for the first two Gemini units have been taken and they will be installed during the next eight weeks. In reporting the launch of the new Gemini, Kaymich said that […]

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