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Tax stamp industry creates trade body

Tax stamp industry creates trade body

| February 5, 2016

Leading players in the tax stamp industry have established The International Tax Stamp Association (ITSA). The new body’s mission is to contribute to a better understanding of the benefits of tax-stamp technology and to promote the highest professional standards within the sector.

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Vintero to represent MTS

Vintero to represent MTS

| February 5, 2016

Vintero Corp. has been appointed as the exclusive global sales agency for Misra Toxicology Services, (MTS) of Cary, North Carolina, USA.

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PMI’s shipments down in 2015

PMI’s shipments down in 2015

| February 5, 2016

Philip Morris International shipped 847.27 billion cigarettes during the 12 months that ended in December, down 1 percent from the volume shipped in 2014. CEO André Calantzopoulos described 2015 as excellent year.

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TPP deal signed in New Zealand

TPP deal signed in New Zealand

| February 5, 2016

Trade ministers from 12 countries yesterday signed the Trans-Pacific Partnership (TPP) agreement in Auckland, New Zealand, an agreement that excludes tobacco interests from its Investor-State Dispute Settlement provisions.

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New XR snus from Swedish Match

New XR snus from Swedish Match

| February 5, 2016

Swedish Match is due this month to add two new products to its XR range of snus. The company describes XR as “a range of competitively priced products in a discreet portion pouch that is less runny and retains its flavor longer.”

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BAT director elected to RAI board

BAT director elected to RAI board

| February 5, 2016

Reynolds American Inc.’s board yesterday elected Jerome Abelman, director of legal and external affairs, and general counsel at British American Tobacco, as a Class II director, following the resignation of John P. Daly.

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JT’s volumes down

JT’s volumes down

| February 4, 2016

Japan Tobacco reported today that its domestic cigarette sales volume during the year to the end of December, at 109.2 billion, was down by 2.8 percent on that of the year to the end of December 2014, 112.4 billion.

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Universal lowers crop estimates

Universal lowers crop estimates

| February 4, 2016

Universal Corporation has lowered its estimates of big-leaf tobacco production for the 2016 crop year and is now forecasting an 11 percent decline in the flue-cured harvest outside of China and a 6 percent decline in the Burley harvest when compared with the harvests of the 2015 crop year.

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Universal declares dividends

Universal declares dividends

| February 4, 2016

Universal Corporation’s board of directors yesterday declared a quarterly dividend of $0.53 per share on the company’s common shares, payable on May 9 to shareholders of record at the close of business on April 11.

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Altria to webcast presentation

Altria to webcast presentation

| February 4, 2016

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 12.30 Eastern Time on February 17.

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