Archive - August 2021

JAPAN
JT receives approval to amend retail prices

Japan Tobacco Inc. (JT) has announced that it has received approval from the Ministry of Finance for its application dated 30 July 2021 to amend retail prices...

UNITED KINGDOM
Vectura board accepts PMI bid

Controversially, the board of Vectura has unanimously recommended that shareholders accept Philip Morris International’s (PMI) GBP 1.1 billion takeover bid...

INDIA
42 per cent decline in child tobacco use

The latest data from the Global Youth Tobacco Survey shows that 42 per cent less schoolchildren aged 13 to 15 are using tobacco than ten years ago, reports the...

UNITED KINGDOM
Travellers take advantage of duty free

Holidaymakers from the UK are taking full advantage of duty free and are stocking up on cigarettes and alcohol while on summer vacation in Europe, according to...

KENYA
Thinktank says new law favours tobacco firms

The International Institute of Legislative Affairs (ILA) has warned that Kenya’s new Finance Act 2021 includes some changes in the law that will favour...

AUSTRALIA
New species of tobacco found

In Western Australia, researchers discovered a wild tobacco species that kills insects, reports Mongabay.

POLAND
Poland dismantles illicit tobacco factory

Polish authorities have arrested 16 people suspected of belonging to an organised criminal group producing illicit tobacco for sale in the UK and Germany...

SWITZERLAND
PMI acquires OtiTopic

As part of its “Beyond Nicotine” ambitions, Philip Morris International Inc. (PMI) has announced its acquisition of OtiTopic, a US respiratory drug...

CHINA
Minors buying e-cigs despite under-18s ban

An investigation by Xinhua news agency shows that minors were able to buy e-cigs in several shops, which led to a drop in Chinese vaping firm shares, reports...

UNITED KINGDOM
Stores stuck with menthol stock

Although, big suppliers claimed they would offer buy-back schemes following the menthol ban, retailers claim they have been left with hundreds of pounds worth...

UNITED KINGDOM
PMI raises bid for Vectura

Philip Morris International (PMI) has raised its bid to buy respiratory drugmaker Vectura to more than GBP 1 billion, reports the BBC.

UNITED KINGDOM
GBP 1.3 billion tax boost for Treasury

The Treasury earned GBP 1.35 billion last year after smokers were forced to buy legal cigarettes because Covid made smuggling almost impossible, reports...

UNITED STATES
WHO warns of e-cig dangers

The World Health Organization (WHO) has said that major tobacco companies are marketing e-cigarettes to attract youths despite claiming they aim to end the...

UNITED KINGDOM
IQOS stores shut down

Philip Morris International (PMI) has closed almost all of its 16 stores, after reportedly struggling to gain traction in the UK, according to the Retail...

BANGLADESH
BATB makes major investment

British American Tobacco Bangladesh (BATB) is investing BDT 322 crore (USD 37 million) in its Savar factory, reports the Daily Star.

BRAZIL
Russia resumes tobacco imports

The ban on tobacco imports from Brazil and other countries into Russia has been lifted with immediate effect, according to Kohltrade.

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