Category: Corporate

Expanding cannabis

Expanding cannabis

| May 22, 2018

An indirect subsidiary of Alliance One International is gearing up to satisfy expected increases in demand for medicinal and recreational cannabis in Canada.

Read More

BAT widens horizons

BAT widens horizons

| May 22, 2018

British American Tobacco has invested in a Chinese company that seeks to help early-stage technology firms develop products that could subsequently be sold to larger companies.

Read More

Universal results webcast

Universal results webcast

| May 21, 2018

Candace C. Formacek, vice president and treasurer at Universal Corporation, will host a results webcast on May 23.

Read More

Fast-changing climate at JT

Fast-changing climate at JT

| May 21, 2018

After achieving its greenhouse gas emissions reduction-target three years ahead of schedule, Japan Tobacco has committed to continuing to develop its Long-Term Environment Plan.

Read More

Cigarette sales fall

Cigarette sales fall

| May 18, 2018

Japan Tobacco Inc’s domestic cigarette volume and domestic cigarette revenue during April were each down by about 13 percent on those of April 2017.

Read More

New Altria CEO takes over

New Altria CEO takes over

| May 18, 2018

In a move signaled earlier this year, Howard Willard has succeeded Marty Barrington as Altria’s chairman and CEO.

Read More

Smoke-free sustainability

Smoke-free sustainability

| May 16, 2018

Reducing the environmental footprint of the manufacturing process of smoke-free products is essential, Philip Morris International said yesterday in launching its third sustainability report.

Read More

Seeking tax stability

Seeking tax stability

| May 14, 2018

A tobacco manufacturer operating in Kenya has made a plea for what is on the wish list of companies worldwide: a stable tax regime that delivers a predictable operating environment.

Read More

Altria to webcast meeting

Altria to webcast meeting

| May 11, 2018

The Annual Meeting of Altria’s shareholders is scheduled to be webcast next week.

Read More

Business heating up

Business heating up

| May 9, 2018

In announcing its first-half results, Imperial Brands said it was continuing to develop its ‘pipeline of proprietary innovations’, including those in the heated tobacco sector.

Read More

Snus sales increased

Snus sales increased

| May 9, 2018

Swedish Match’s Scandinavian shipments of snus during the first quarter were up by about nine percent, year-on-year.

Read More

One appointment today

One appointment today

| May 4, 2018

To help it move forward with its recently-announced ‘One Tomorrow’ initiative, Alliance One International has taken on an executive vice president, global speciality products.

Read More

PMI to webcast meeting

PMI to webcast meeting

| May 3, 2018

Louis C. Camilleri, chairman of Philip Morris International’s Board of Directors, will address shareholders and answer questions at the company’s annual meeting.

Read More

New product promised

New product promised

| May 1, 2018

In reporting its first-quarter results, Japan Tobacco Inc said that it was looking to launch a new heated tobacco product in under a year.

Read More

Marlboro US share down

Marlboro US share down

| April 27, 2018

PM USA’s first-quarter cigarette market share was down by 0.7 of a percentage point to 50.3 percent. Marlboro’s market share was down by 0.5 of a percentage point to 43.2 percent.

Read More

The cost of success

The cost of success

| April 27, 2018

One of the lessons to come out of the JUUL affair is that it can be dangerous to come up with a product that is ‘too’ successful.

Read More

BAT embracing change

BAT embracing change

| April 25, 2018

British American Tobacco says that, given the success of its next generation product portfolio, it will increase investments in these products during 2018.

Read More

PMI’s volumes falter

PMI’s volumes falter

| April 20, 2018

It was clearly not possible for Philip Morris International to maintain forever the huge growth rate of heated-tobacco-product sales that it had enjoyed in Japan; but there is a world beyond Japan.

Read More

Reduced risk on hold

Reduced risk on hold

| April 20, 2018

The Malaysian arm of British American Tobacco has put the launch of reduced risk products on hold while it sees which way the regulatory wind is blowing.

Read More

Tabacalera acquired

Tabacalera acquired

| April 20, 2018

Tabacalera, which has been acquired by a Philip Morris subsidiary, is to stop manufacturing cigarettes in Costa Rica.

Read More