Category: Corporate

Market down by 11.8 percent

Market down by 11.8 percent

| November 1, 2017

Japan Tobacco Inc is holding its own on a free-falling domestic cigarette market, but it is still playing catch-up in respect of heat-not-burn products.

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SM’s sales up and down

SM’s sales up and down

| October 30, 2017

At Swedish Match during the third quarter, volume snus sales were up, moist snuff sales were down, cigar sales were up and chewing tobacco sales were down.

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PM USA’s volume down

PM USA’s volume down

| October 27, 2017

Altria’s cigarette shipments were down by 6.2 percent during the third quarter, while its cigar shipments were increased by 6.6 percent and its smokeless-products shipments were down by 1.8 percent.

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Production ended

Production ended

| October 26, 2017

Japan Tobacco International has stopped cigarette manufacturing in Northern Ireland and moved production to Poland.

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Universal to webcast results

Universal to webcast results

| October 26, 2017

Candace C. Formacek, vice president and treasurer of Universal Corporation, will host a second-quarter-results conference-call on November 7.

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PMI is environmental leader

PMI is environmental leader

| October 24, 2017

CDP has recognized Philip Morris International as a global leader in environmental action and awarded it ‘A’ scores for its efforts in respect of both climate and water.

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PMI’s 3Q volume down

PMI’s 3Q volume down

| October 20, 2017

On a volume basis, Philip Morris International’s sales of HeatSticks are almost making up for the fall in sales of cigarettes: almost, but not quite.

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Altria to hold Investor Day

Altria to hold Investor Day

| October 20, 2017

Altria’s Investor Day on November 2 is due to include a morning of presentations followed by a manufacturing-center tour.

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Spotlight on acetate JV

Spotlight on acetate JV

| October 19, 2017

A proposed acetate joint venture between Celanese and Blackstone has been made the subject of an in-depth investigation by the European Commission.

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Altria to webcast results

Altria to webcast results

| October 17, 2017

Altria’s chairman, CEO and president, and its CFO will discuss the company’s third-quarter results during a webcast on October 26.

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JT’s domestic volume down

JT’s domestic volume down

| October 16, 2017

Japan Tobacco Inc’s domestic cigarette sales volume was down by 13.6 percent during September, while its domestic cigarette revenue was down by 13.2 percent.

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PMI to webcast results

PMI to webcast results

| October 13, 2017

CFO Jacek Olczak is due to discuss Philip Morris International’s third quarter results during a live audio webcast on October 19.

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Eastern’s production up

Eastern’s production up

| October 9, 2017

Eastern Company produced more cigarettes in 2016-2017 than it did in 2015-2016, but its production of shisha was down.

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Mighty tax case closed

Mighty tax case closed

| October 9, 2017

Three tax evasion complaints against Mighty Corporation have been withdrawn following an agreement under which the Philippines’ government is to be paid about P40 billion.

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UK workers ‘furious’

UK workers ‘furious’

| October 5, 2017

Japan Tobacco International, which is said to have handed £1.6 billion to shareholders last year, has upset its UK Gallaher workers by proposing to change their pension arrangements.

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Japan’s leaf gets all clear

Japan’s leaf gets all clear

| October 5, 2017

Japan’s domestic Burley crop has been given the all-clear following tests for radioactive materials – tests that have been carried out since an accident at a nuclear power plant in 2011.

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Zambia attracts production

Zambia attracts production

| October 4, 2017

Zambia’s excise tax regime is said to favor domestic manufacturers over importers to an extent that is making British American Tobacco Zambia think about building a factory there.

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Lawsuit being retired

Lawsuit being retired

| October 3, 2017

The huge delay in implementing court-ordered, public ‘corrective statements’ by US tobacco manufacturers could render them counterproductive in the reduced-risk age.

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PMI reorganizes

PMI reorganizes

| September 29, 2017

Philip Morris International is to increase the number of its operational regions as part of its efforts to drive the company toward a future that is smoke-free.

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Imperial Brands on track

Imperial Brands on track

| September 28, 2017

In a trading statement, Imperial Brands said today that it was ‘gearing up for new launches in an extended footprint’ of new generation products.

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