California hikes tax on non-cigarette tobacco goods
29 Jun 2017.
California will more than double the duty on tobacco products other than cigarettes from 1 July, an increase that includes e-liquids containing nicotine, shisha, little cigars and moist snuff, the state Board of Equalization said.
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ZIMBABWE
Tobacco volume on par with year ago
28 Jun 2017.
Tobacco volume and sales through 26 June at 166.8 million kg and USD 489.3 million (EUR 435.1 million) are nearly identical with the same period last marketing season, The Herald said.
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KOREA
Proposal to tax heat sticks the same as cigarettes
28 Jun 2017.
A proposal to tax heat-not-burn tobacco products at the same rate as combustible cigarettes is before the National Assembly, the Korea Herald reported.
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JAPAN
Smoking rate below 20 per cent for first time
28 Jun 2017.
Smokers account for less than 20 per cent of adults aged 20 and up for the first time on record, according to a government survey cited by Kyodo News.
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FRANCE
Penn to leave Mane
28 Jun 2017.
Dr Roger Penn, the long time director of flavour maker Mane’s Tobacco Business Unit, is retiring and will leave the company at the end of June.
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UNITED KINGDOM
Imperial sells Nottingham cigarette factory site
27 Jun 2017.
A 48-acre site that housed the former Imperial Tobacco cigarette factory and distribution centre in Nottingham has been sold to Henry Boot Developments.
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SWITZERLAND
PMI to invest another EUR 500 million in IQOS production
27 Jun 2017.
Philip Morris International announced a EUR 500 million (USD 560 million) expansion of its Italian IQOS heat-sticks factory as the latest in a series of major investments to boost worldwide production to 100 billion sticks by late 2018.
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UNITED STATES
San Francisco vote to ban menthol cigarettes
21 Jun 2017.
The San Francisco Board of Supervisors unanimously approved a ban on the sale of menthol cigarettes and flavoured e-liquids that contain nicotine, the San Francisco Examiner reported.
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SPAIN
Anti-trust probe targets tobacco companies
21 Jun 2017.
Anti-trust watchdog CNMC has launched a probe into suspected collusion in manufacturing, distribution and marketing of tobacco products by Spanish subsidiaries of four big international tobacco companies, Reuters said.
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UNITED KINGDOM
BAT and RAI say merger may be sealed by 25 July
20 Jun 2017.
British American Tobacco and Reynolds American said the nearly USD 50 billion (EUR 44.6 billion) takeover of RAI by BAT could be completed by 25 July, pending shareholder approvals at the two cigarette makers.
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