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Vietnam: Tobacco Firms Rue Weak Anti-smuggling Campaign

The domestic tobacco industry hopes that the Government can be more effective in fighting an impending surge in smuggling that causes losses amounting to trillions of dong to the State Budget. A report in the Cong Thuong (Industry and Trade) Newspaper last week quoted Pham Kien Nghiep, the General Secretary of the Viet Nam Tobacco…Continue Reading…

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Switzerland: Tobacco Adverts Target Young Swiss

During the course of an average weekend a young person in Romandie is exposed to pro-smoking publicity 68 times, according to a new study which reveals the marketing arsenal used by tobacco companies in the region. The survey, carried out by the Lausanne-based Information Centre for the Prevention of Smoking (CIPRET) and released on Thursday,…Continue Reading…

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US: R.J. Reynolds Tobacco Co. Names New President

Camel and Pall Mall cigarette maker R.J. Reynolds Tobacco Co. is tapping the head of PepsiCo North America’s nutrition division as its new president and chief commercial officer. The nation’s second-biggest cigarette company said Friday that Debra Crew will replace Andrew Gilchrist on Oct. 1, when he will become executive vice president of parent company…Continue Reading…

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Imperial Tobacco Closes $13 Billion of Loans

British cigarette maker Imperial Tobacco has closed loans of about $13 billion to back its acquisition of selected brands and assets from Reynolds American Inc, the lead banks said on Monday. The jumbo financing covers the $7.1 billion acquisition and refinances Imperial’s existing core bank borrowings, which provide working capital and funds for general corporate…Continue Reading…

Malawi Tobacco Earns Higher Than Previous Year

The sale of Malawi tobacco has earned about US$357 million higher than what was realized last year and the market has since been closed. Tobacco Control Commission (TCC) Chief Executive Officer Bruce Munthali said that about 188 million kilograms have been sold compared to last year’s 168 million kilograms with US$355 million earnings. There is…Continue Reading…

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Lorillard, Reynolds Win Ruling on Tobacco Advisory Board Conflict

A federal judge has ruled that members of a board advising the U.S. Food and Drug Administration had conflicts of interest and use of its report on menthol cigarettes should be barred, handing Lorillard Inc. and R.J. Reynolds Tobacco Co. a victory, Bloomberg reports. The two companies, based in the Triad, had argued that three…Continue Reading…

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USA: Ethanol-From-Tobacco Plant to Reopen

Tyton BioEnergy Systems, based at Danville, Virginia, US, said on Monday that it was reopening the former Clean Burn Fuels bio-refinery in Raeford, North Carolina, as part of its strategy to convert tobacco crops into ethanol, according to a story by Richard Craver for the Winston-Salem Journal. The company said that it would spend $36…Continue Reading…

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Pakistan: New Tobacco Variety Introduced for Better Yield

A new variety of flue-cured Virginia (FCV) tobacco developed by a Brazil-based multinational company has been cultivated by growers in Swabi district with the help of Pakistan Tobacco Company (PTC) and its yield is much better than other varieties of the crop. Jabeen Qamar, leaf manager, and other PTC officials said this during a programme…Continue Reading…

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South Africa: Tobacco Retailers Look to Minister for Help to Resist Proposed Smoking Rules

Retailers of tobacco products are banking on newly appointed Small Business Development Minister Lindiwe Zulu’s help in resisting regulations to restrict the display of tobacco products. Health Minister Aaron Motsoaledi has proposed two sets of regulations to control the smoking and sale of tobacco. One will ban indoor smoking and suggests that, outside, patrons must…Continue Reading…

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Imperial Tobacco Sets Price Range for Logista I.P.O.

The Imperial Tobacco Group of Britain said on Thursday that the initial public offering of its Compañía de Distribución Integral Logista Holdings unit could value the company at 1.86 billion euros, or about $2.53 billion. The offering will return Logista, based in Madrid, to the public markets about six year after Imperial Tobacco acquired full…Continue Reading…