Archive - June 2005

UNITED STATES
Demerger Cleared

The US$ 3.56 billion demerger of Gallaher, the UK tobacco manufacturer from American Brands, its US parent company, has been cleared by the US Internal Revenue...

FRANCE
Strong Rhône-Poulenc

Rhône-Poulenc, the French-based chemical and pharmaceutical company, has reported first quarter net profits for 1997 up by 6.5 per cent, to FFr 674 million...

GREECE
On the Move

Reemtsma, Greece, has a new address from March 3, 1997: Tatoiou Str

PAKISTAN
Excise Duty Reduced

The Pakistani government has reduced the incidence of central excise duty on upmarket cigarette brands by 2 per cent in order to make domestically-produced ...

RUSSIA
Philip Morris Invests

The managing director of Philip Morris Russia, Mr Kursat Kocdag, has announced that the company is planning to invest around US$ 300 million in Russia over the...

UNITED KINGDOM
New Business Partners

The UK-based supplier of adhesive application and flavor control systems C.B

MEXICO
La Moderna Profits Up

Empresas La Moderna, the Mexican tobacco, biotechnology and packaging group reported a 20 per cent increase in sales and 8 per cent increase in profits for 1996

UNITED KINGDOM
Tax Increase

The cost of a packet of 20 cigarettes is set to rise in the United Kingdom by 19 pence (US$ 0.31) from December 1, 1997, due to a tax increase announced by the...

UNITED STATES
Icahn Sells

Carl Icahn & Associates sold its complete stock of RJR Nabisco Holdings shares in February 1997

NEPAL
New Cigarette Factory

Perfect Blends (Nepal) PVT Ltd, which belongs to the Nepalese food and beer group Chaudhary, will start production at a new cigarette manufacturing plant in...

UNITED STATES
Burley Quota

National marketing quota for Burley tobacco in the US has been set by the U.S

MEXICO
Cigatam Move

The US cigarette manufacturer Philip Morris has announced its intention to increase its stake in Cigatam, the Mexican cigarette maker, from 29 to 50 per cent

THAILAND
Waiting for Decision

Thailand Tobacco Monopoly (TTM) is awaiting a formal decision from the finance ministry to defer or scrap its plan to build a new cigarette factory in...

SPAIN
Revaluations hit Results

Tabacalera, the Spanish state-controlled tobacco group awaiting further privatisation, has revised its profit figures for last year to show a sharper, 16 per...

UNITED KINGDOM
Super Fast Wrap

Cigarette manufacturer Rothmans has recently taken delivery of two Marden Edwards overwrapping machines for the company’s Darlington production plant

UNITED STATES
Black and Gold

Nat Sherman of the US has recently launched a new luxury cigarette at the Tax Free Asia exhibition in Singapore

GREECE
Disquieting Calm

A disagreement between tobacco growers and leaf traders has caused irritation on the Greek tobacco market

THAILAND
Claims of Discrimination

Foreign tobacco companies are in a quandry over how to respond to stringent Thai health regulations which will require them to disclose the ingredients in...

UNITED STATES
Low-Cost Expansion

SCW Incorporated, a North Carolina-based company devoted to the development of new products and processes for the tobacco industry, announced the development...

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