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2021-10-28Latest Update
PMI Posts Strong Q3 2021 Growth, IQOS Users Reach About 20.4 Million
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PMI Posts Strong Q3 2021 Growth, IQOS Users Reach About 20.4 Million

Philip Morris International reported net revenue of $8.12 billion in the third quarter of 2021, up 9.1% from the same period last year. Adjusted operating income rose 9.4% to $3.55 billion. The company’s adjusted operating margin was 43.7%, compared with

IQOS users2021-10-22Views 207
IQOS Adds New Model IQOS ILUMA to Its Free Rental Program
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IQOS Adds New Model IQOS ILUMA to Its Free Rental Program

IQOS has added the new IQOS ILUMA model to its free rental program in Japan. Users can receive five packs of tobacco sticks and get a 2,900-yen discount on purchase. Under the program, customers buy the device at full price and can return it within 14 day

IQOS ILUMA2021-10-19Views 163
Swedish Match Becomes the World’s First Smoke-Free Tobacco Company
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Swedish Match Becomes the World’s First Smoke-Free Tobacco Company

Earlier this month, Swedish Match announced plans to sell its remaining cigar business by the end of 2022, a move that would make the company the world’s first major smoke-free tobacco brand. As health awareness increases and smoking rates continue to dec

Swedish Match2021-10-11Views 184
PMI to Acquire Turkish Tobacco Company
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PMI to Acquire Turkish Tobacco Company

According to Hurriyet Daily News, Philip Morris International will pay 2.88 billion Turkish lira ($325.9 million) to acquire the shares it does not already own in Turkish companies Philsa and PMSA. Philsa manufactures tobacco products, while PMSA is a dis

Turkish tobacco company2021-10-09Views 127
US Suspends IQOS Imports
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US Suspends IQOS Imports

The International Trade Commission upheld its preliminary ruling from May 2021 that Philip Morris International’s IQOS device infringes two patents owned by Reynolds American Inc. (RAI), a BAT subsidiary. The agency has issued an import ban and cease-and-

IQOS US2021-10-05Views 240
Imperial Tobacco to Launch HNB Heated Tobacco Products in Greece
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Imperial Tobacco to Launch HNB Heated Tobacco Products in Greece

Imperial Tobacco has begun market testing its heated tobacco products through a nationwide rollout in Greece. The launch of the Pulze device and iD tobacco sticks will help assess the potential for further expansion in key European markets. Earlier this m

heated tobacco products in Greece,Imperial Tobacco2021-09-22Views 133
BAT Launches Ultra-Slim Heated Tobacco Device glo pro slim in Japan
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BAT Launches Ultra-Slim Heated Tobacco Device glo pro slim in Japan

British American Tobacco will launch the new heated tobacco glo device, glo pro slim, in Japan on September 20. It is reported to be the thinnest heated tobacco device in glo's history. The overall design has been updated, with the central button moved to

glo pro slim2021-09-19Views 251
Tobacco Giant PMI Weighs Sale of Marlboro Cigarette Business
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Tobacco Giant PMI Weighs Sale of Marlboro Cigarette Business

Philip Morris International CEO Jacek Olczak told the Daily Mail that the company had considered selling its Marlboro cigarette business as part of a plan to exit the cigarette sector. However, according to the British tabloid, the company ultimately deci

Philip Morris International2021-09-01Views 292