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2023-09-13Latest Update
Philip Morris to Open Factory in Poland
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Philip Morris to Open Factory in Poland

According to PAP, Philip Morris International will invest PLN 1 billion (US$229.81 million) to produce heated tobacco sticks at its factory in Krakow, Poland. Today, Philip Morris International decided to make a new investment. We hope to produce a new ge

Poland2023-09-13Views 182
KT&G to Build a Second Factory in Indonesia
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KT&G to Build a Second Factory in Indonesia

According to Yonhap News, KT&G Corp. plans to expand its production facilities in Indonesia. The South Korean tobacco company currently operates a factory in Surabaya and plans to build a second one in the Southeast Asian country. The new factory will pro

KT&G2023-09-12Views 192
KT&G reports Q2 results as HNB sales surge 43.5%
HNB News

KT&G reports Q2 results as HNB sales surge 43.5%

According to PR Newswire, KT&G Corp. reported consolidated revenue of KRW 1.34 trillion (US$1.03 billion) for the second quarter ended June 30, 2023, with operating profit of KRW 242.9 billion. Sales volumes of both combustible cigarettes and heated tobac

KT&G2023-08-04Views 201
BAT reports strong revenue growth in heated tobacco products
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BAT reports strong revenue growth in heated tobacco products

BAT reported revenue of GBP 13.44 billion (USD 17.35 billion) for the first six months of 2023, up 4.4% from the same period in 2022. Growth was driven by the company’s new categories division. Revenue from heated tobacco now accounts for 16.6% of group r

BAT2023-07-31Views 280
South Korea's health ministry urges cancellation of vape expo
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South Korea's health ministry urges cancellation of vape expo

According to Korea Biomedical Review, South Korea's Ministry of Health and Welfare (MOHW) has urged event organizer The Fairs to cancel the 2023 Korea Vape Show. The exhibition is scheduled to be held from July 21 to 23 in Goyang, Gyeonggi Province. Yonha

Korea Vape Show2023-07-18Views 209
Japan Tobacco announces new heated tobacco device Ploom With2
HNB News

Japan Tobacco announces new heated tobacco device Ploom With2

Japan Tobacco announced a new heated tobacco device. Japan Tobacco announced on its website that this summer it will launch a new heated tobacco device called With 2 in Japan. The company will discontinue the Ploom TECH, Ploom TECH +, and Ploom TECH With

Ploom With22023-07-06Views 305
KT&G Wins Korea AAA Credit Rating
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KT&G Wins Korea AAA Credit Rating

KT&G has received the highest AAA credit rating in Korea. Among private companies in the country outside the financial and telecom sectors, KT&G is the only company to have been awarded an AAA corporate credit rating. Based on KT&G's strong market positio

KT&G2023-07-01Views 284
Trend of Illegal Smuggled Tobacco Market Growth in Hungary
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Trend of Illegal Smuggled Tobacco Market Growth in Hungary

According to Daily Hungary, data released by the newspaper shows that Hungary consumed 500 million illegal cigarettes in 2022, resulting in the country losing 30 billion forints (US$87.9 million) in excise tax revenue. Despite overall tobacco consumption

Hungary2023-07-01Views 198
PMI to Open a Factory in Ukraine
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PMI to Open a Factory in Ukraine

According to Reuters, Philip Morris International will launch a US$30 million production facility in Lviv, western Ukraine, in the first quarter of 2024. According to PMI, the plant will create 250 jobs. 'This investment reflects our commitment as a long-

Ukraine PMI2023-06-26Views 166
Vietnam's Smoking Ban Takes Effect This August
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Vietnam's Smoking Ban Takes Effect This August

According to Vietnam+, the Vietnamese Ministry of Health recently issued Circular No. 11/2023/TT-BYT, which specifies smoke-free areas. The notice took effect on August 1, 2023. According to the notice, smoking is completely prohibited in medical institut

Vietnam smoking ban2023-06-20Views 278
IQOS ILUMA Launches Its First Limited Edition Device of 2023
HNB News

IQOS ILUMA Launches Its First Limited Edition Device of 2023

Philip Morris Japan (PMJ) will launch a limited edition of the IQOS ILUMA series starting May 30, 2023. The new model features a colorful wave design symbolizing the individuality of IQOS users. Powered by the smart induction heating system and heat-blade

IQOS ILUMA2023-06-16Views 330