Author Archive: speccomm

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TC speaks on weak earnings

TC speaks on weak earnings

| October 21, 2019

Inferior leaf quality and inaccurate forecasting by authorities contributed to the low prices prevailing during the 2019 Malawi tobacco selling season, according to the Tobacco Commission.

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STG closes Lane facility

STG closes Lane facility

| October 18, 2019

Scandinavian Tobacco Group is closing its Lane facility in Tucker, Georgia, USA, and moving production to facilities in Denmark and the Dominican Republic.

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Juul ends flavor sales

Juul ends flavor sales

| October 18, 2019

Juul Labs has suspended the sale of nontobacco, non-menthol-based flavors in the U.S., pending review of these products by the Food and Drug Administration.

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PMI reports results

PMI reports results

| October 17, 2019

Sales of tobacco-heating products increase against declining sales of traditional cigarettes.

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Tobacco top earner

Tobacco top earner

| October 16, 2019

Despite declining cigarette sales, tobacco is the third most profitable business in the United States, according to a ranking compiled by Comparisun.

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Temporary reprieve

Temporary reprieve

| October 16, 2019

Thailand’s excise department will temporarily reduce a tobacco tax from THB0.10 to THB0.03 per gram for one year, starting Jan. 1, 2020.

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Production rising

Production rising

| October 16, 2019

The government expects Azerbaijan’s 2019 crop to reach a value of $45 million in 2019 and to increase by 20 percent annually until 2022.

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Fewer Greeks smoking

Fewer Greeks smoking

| October 16, 2019

The number of adults who smoke in Greece has declined to 27.5 percent from 40 percent in a decade, according to a new study.

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Alarm over smoking bans

Alarm over smoking bans

| October 16, 2019

Extreme smoking bans undermine social inclusiveness without benefitting public health, according to a report published today by the smokers’ campaign group Forest EU.

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Referred to court

Referred to court

| October 16, 2019

The European Commission has referred Hungary to the EU Court of Justice for failing to apply the minimum EU excise duty on cigarettes.

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Michigan ban halted

Michigan ban halted

| October 16, 2019

A judge on Tuesday blocked Michigan’s ban on flavored vapor products, objecting to Governor Gretchen Whitmer’s use of emergency powers.

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Smoking cost calculated

Smoking cost calculated

| October 15, 2019

The costs of health insurance for the treatment of smoking-related and alcohol-related ailments totaled KRW13 trillion ($11 billion) in South Korea during 2016–2018.

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Revenue target exceeded

Revenue target exceeded

| October 15, 2019

The Philippines collected PHP8.1 billion ($156.9 million) in tobacco excise taxes during the first half of 2019, 32.8 percent more than the government’s target.

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Fine challenged

Fine challenged

| October 14, 2019

The Tedis distribution company and several tobacco manufacturers will challenge a decision by Ukraine’s Anti-Monopoly Committee to fine them UAH6.5 billion ($263.4 million) for anti-competitive actions.

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Malaysia mulls vapor ban

Malaysia mulls vapor ban

| October 14, 2019

Malaysia is considering a ban on vapor products following an outbreak of vaping-related deaths and illnesses in the United States.

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PMTA filed for Vuse

PMTA filed for Vuse

| October 14, 2019

Reynolds American Inc. on Oct. 11 submitted a premarket tobacco product application to the U.S. Food and Drug Administration seeking permission to market its Vuse vapor products.

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Industry fined

Industry fined

| October 10, 2019

Ukraine’s competition watchdog has fined cigarette manufacturers and a distributor for anti-competitive behavior.

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Gold pot found

Gold pot found

| October 9, 2019

The government of Ireland has increased the excise duty on a pack of 20 cigarettes by €0.50.

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Temporary sales stop

Temporary sales stop

| October 9, 2019

Montana Governor Steve Bullock has ordered a 120-day halt to the sale of flavored e-cigarettes in the state in response to the recent spate of serious lung illnesses.

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Capping nicotine

Capping nicotine

| October 7, 2019

U.S. Congressman Raja Krishnamoorthi wants to limit the amount of nicotine in e-cigarettes to 20 mg per ml.  

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