Archive - April 2018

UNITED STATES
Altria says it’s on track

Altria Group said it is on track to achieve full-year earnings estimates, with first-quarter Group revenues, net of excise taxes, up 1.8 per cent, the company...

SOUTH AFRICA
Gov. to seek comment on new regulations

Cabinet will publish for comment a new draft tobacco control Bill which includes regulation of electronic cigarettes and also addresses standardised packaging...

UNITED STATES
FDA warns retailers on Juul

The Food and Drug Administration (FDA) has cracked down on US retailers for selling or marketing e-cigarettes such as Juul to underage teens, CNN reported.

SWITZERLAND
PMI’s stock price plummets

Shares in Philip Morris International Inc. (PMI) dropped by 18 per cent, the greatest fall since PMI split from Altria Inc. in 2008, due to slowing consumer...

AUSTRIA
New CEO at Schur Flexibles

Thorsten Kühn has been appointed Chief Operating Officer and Managing Director of Schur Flexibles Group, the packaging supplier said in a statement.

VIETNAM
Cigarette tax hike proposed

A draft Special Consumption Tax law, proposed by the Ministry of Health, plans to increase the tax applied to cigarettes from 75 per cent to 80 per cent of...

SWITZERLAND
PMI doubles heatstick shipments

Philip Morris International’s (PMI) heated tobacco unit shipments in the Jan-March period increased by more than 100 per cent over the comparable period in...

THE NETHERLANDS
JTI fined for student sales agreement

The Netherlands Food and Consumer Product Safety Authority (NVWA) has fined Japan Tobacco International (JTI) for forming exclusivity agreements with Dutch...

SRI LANKA
Plain packaging to be introduced

The cabinet of ministers has given the government authorisation to implement plain packaging of tobacco products in an effort to reduce tobacco use in the...

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