Industries and Global Competition; a History of Business Beyond
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Japan Tobacco to Take Over JTI (Malaysia)
Volume 32 Strictly For Internal Use Only April 2014 ASEAN: Updates on OTP - Bans and Regulations While we have been focusing on cigarettes, but what about Other Tobacco Products (OTP)? Some examples of OTP are smokeless tobacco, roll-your-own and cigarillos. In the Philippines, the law requires health warning on OTP, which is considered similar to cigarettes; there is an advertising ban on OTP in mass media while advertising at POS is permitted. In Cambodia, OTP is covered under the Sub-Decree No. 35 on the Measures to Ban Advertising of Tobacco Products in 2011. In Thailand, the TC law states any tobacco product coming from Nicotiana Tabaccum needs to be treated as same as cigarette, and OTP is included. For Vietnam, OTP is banned as stated in Article 9, Vietnam Tobacco Law which strictly prohibited advertising and promotion of tobacco products. In Lao PDR, OTP is covered by TC law as same as all type of cigarettes but there is no tax charge for OTP. With strong regulation on cigarettes, people may switch to OTP. According to regulations on OTP, countries consider them as harmful products that need to be banned. However, information on OTP is still lacking and it could result in escaping enforcement. The MAC Network is not limited to cigarettes only but includes OTP. Please share more information on OTP on SIS MAC Network Facebook for effective counteraction against all tobacco products. Malaysia: Japan Tobacco to take over JTI (Malaysia) April 1, (Free Malaysia Today) JT International (Malaysia), which makes Camel and Salem cigarettes, has received a takeover offer of RM808.4 million from Japan Tobacco to buy the remaining 39.63% or 103.549 million shares. -
Tobacco Deal Sealed Prior to Global Finance Market Going up in Smoke
marketwatch KEY DEALS Tobacco deal sealed prior to global finance market going up in smoke The global credit crunch which so rocked £5.4bn bridging loan with ABN Amro, Morgan deal. “It had become an auction involving one or Iinternational capital markets this summer Stanley, Citigroup and Lehman Brothers. more possible white knights,” he said. is likely to lead to a long tail of negotiated and In addition it is rescheduling £9.2bn of debt – Elliott said the deal would be part-funded by renegotiated deals and debt issues long into both its existing commitments and that sitting on a large-scale disposal of Rio Tinto assets worth the autumn. the balance sheet of Altadis – through a new as much as $10bn. Rio’s diamonds, gold and But the manifestation of a bad bout of the facility to be arranged by Citigroup, Royal Bank of industrial minerals businesses are now wobbles was preceded by some of the Scotland, Lehmans, Barclays and Banco Santander. reckoned to be favourites to be sold. megadeals that the equity market had been Finance Director Bob Dyrbus said: Financing the deal will be new underwritten expecting for much of the last two years. “Refinancing of the facilities is the start of a facilities provided by Royal Bank of Scotland, One such long awaited deal was the e16.2bn process that is not expected to complete until the Deutsche Bank, Credit Suisse and Société takeover of Altadis by Imperial Tobacco. first quarter of the next financial year. Générale, while Deutsche and CIBC are acting as Strategically the Imps acquisition of Altadis “Imperial Tobacco only does deals that can principal advisors on the deal with the help of has been seen as the must-do in a global generate great returns for our shareholders and Credit Suisse and Rothschild. -
Tobacco Labelling -.:: GEOCITIES.Ws
Council Directive 89/622/EC concerning the labelling of tobacco products, as amended TAR AND NICOTINE CONTENTS OF THE CIGARETTES SOLD ON THE EUROPEAN MARKET AUSTRIA Brand Tar Yield Nicotine Yield Mg. Mg. List 1 A3 14.0 0.8 A3 Filter 11.0 0.6 Belvedere 11.0 0.8 Camel Filters 14.0 1.1 Camel Filters 100 13.0 1.1 Camel Lights 8.0 0.7 Casablanca 6.0 0.6 Casablanca Ultra 2.0 0.2 Corso 4.0 0.4 Da Capo 9.0 0.4 Dames 9.0 0.6 Dames Filter Box 9.0 0.6 Ernte 23 13.0 0.8 Falk 5.0 0.4 Flirt 14.0 0.9 Flirt Filter 11.0 0.6 Golden Smart 12.0 0.8 HB 13.0 0.9 HB 100 14.0 1.0 Hobby 11.0 0.8 Hobby Box 11.0 0.8 Hobby Extra 11.0 0.8 Johnny Filter 11.0 0.9 Jonny 14.0 1.0 Kent 10.0 0.8 Kim 8.0 0.6 Kim Superlights 4.0 0.4 Lord Extra 8.0 0.6 Lucky Strike 13.0 1.0 Lucky Strike Lights 9.0 0.7 Marlboro 13.0 0.9 Marlboro 100 14.0 1.0 Marlboro Lights 7.0 0.6 Malboro Medium 9.0 0.7 Maverick 11.0 0.8 Memphis Classic 11.0 0.8 Memphis Blue 12.0 0.8 Memphis International 13.0 1.0 Memphis International 100 14.0 1.0 Memphis Lights 7.0 0.6 Memphis Lights 100 9.0 0.7 Memphis Medium 9.0 0.6 Memphis Menthol 7.0 0.5 Men 11.0 0.9 Men Light 5.0 0.5 Milde Sorte 8.0 0.5 Milde Sorte 1 1.0 0.1 Milde Sorte 100 9.0 0.5 Milde Sorte Super 6.0 0.3 Milde Sorte Ultra 4.0 0.4 Parisienne Mild 8.0 0.7 Parisienne Super 11.0 0.9 Peter Stuyvesant 12.0 0.8 Philip Morris Super Lights 4.0 0.4 Ronson 13.0 1.1 Smart Export 10.0 0.8 Treff 14.0 0.9 Trend 5.0 0.2 Trussardi Light 100 6.0 0.5 United E 12.0 0.9 Winston 13.0 0.9 York 9.0 0.7 List 2 Auslese de luxe 1.0 0.1 Benson & Hedges 12.0 1.0 Camel 15.0 1.0 -
Current Status of the Reduced Propensity Ignition Cigarette Program in Hawaii
Hawaii State Fire Council Current Status of the Reduced Propensity Ignition Cigarette Program in Hawaii Submitted to The Twenty-Eighth State Legislature Regular Session June 2015 2014 Reduced Ignition Propensity Cigarette Report to the Hawaii State Legislature Table of Contents Executive Summary .…………………………………………………………………….... 4 Purpose ..………………………………………………………………………....................4 Mission of the State Fire Council………………………………………………………......4 Smoking-Material Fire Facts……………………………………………………….............5 Reduced Ignition Propensity Cigarettes (RIPC) Defined……………………………......6 RIPC Regulatory History…………………………………………………………………….7 RIPC Review for Hawaii…………………………………………………………………….9 RIPC Accomplishments in Hawaii (January 1 to June 30, 2014)……………………..10 RIPC Future Considerations……………………………………………………………....14 Conclusion………………………………………………………………………….............15 Bibliography…………………………………………………………………………………17 Appendices Appendix A: All Cigarette Fires (State of Hawaii) with Property and Contents Loss Related to Cigarettes 2003 to 2013………………………………………………………18 Appendix B: Building Fires Caused by Cigarettes (State of Hawaii) with Property and Contents Loss 2003 to 2013………………………………………………………………19 Appendix C: Cigarette Related Building Fires 2003 to 2013…………………………..20 Appendix D: Injuries/Fatalities Due To Cigarette Fire 2003 to 2013 ………………....21 Appendix E: HRS 132C……………………………………………………………...........22 Appendix F: Estimated RIPC Budget 2014-2016………………………………...........32 Appendix G: List of RIPC Brands Being Sold in Hawaii………………………………..33 2 2014 -
1 CO-OPERATION AGREEMENT Dated As of 27 September 2010
CO-OPERATION AGREEMENT dated as of 27 September 2010 among IMPERIAL TOBACCO LIMITED AND THE EUROPEAN UNION REPRESENTED BY THE EUROPEAN COMMISSION AND EACH MEMBER STATE LISTED ON THE SIGNATURE PAGES HERETO 1 ARTICLE 1 DEFINITIONS Section 1.1. Definitions........................................................................................... 7 ARTICLE 2 ITL’S SALES AND DISTRIBUTION COMPLIANCE PRACTICES Section 2.1. ITL Policies and Code of Conduct.................................................... 12 Section 2.2. Certification of Compliance.............................................................. 12 Section 2.3 Acquisition of Other Tobacco Companies and New Manufacturing Facilities. .......................................................................................... 14 Section 2.4 Subsequent changes to Affiliates of ITL............................................ 14 ARTICLE 3 ANTI-CONTRABAND AND ANTI-COUNTERFEIT INITIATIVES Section 3.1. Anti-Contraband and Anti-Counterfeit Initiatives............................ 14 Section 3.2. Support for Anti-Contraband and Anti-Counterfeit Initiatives......... 14 ARTICLE 4 PAYMENTS TO SUPPORT THE ANTI-CONTRABAND AND ANTI-COUNTERFEIT COOPERATION ARTICLE 5 NOTIFICATION AND INSPECTION OF CONTRABAND AND COUNTERFEIT SEIZURES Section 5.1. Notice of Seizure. .............................................................................. 15 Section 5.2. Inspection of Seizures. ...................................................................... 16 Section 5.3. Determination of Seizures................................................................ -
Imperial Tobacco Group Plc Interim Management Statement for the Nine Months Ended 30 June 2015
IMPERIAL TOBACCO GROUP PLC INTERIM MANAGEMENT STATEMENT FOR THE NINE MONTHS ENDED 30 JUNE 2015 STRATEGIC PROGRESS CONTINUES – ON TRACK FOR FULL YEAR Strengthening our Portfolio • Excellent results from Growth Brands; underlying net revenue, underlying volume and market share up 14 per cent, 10 per cent and 100 bps respectively • Continued success of brand migrations; 13 complete (8 in FY15), 21 ongoing; high level of consumer retention • Growth and Specialist Brands proportion of reported tobacco net revenue up 580 bps to 59 per cent Developing our Footprint • Continued progress in Growth Markets: underlying net revenue down 1 per cent; up 3 per cent ex Iraq • Improving underlying net revenue growth of 1 per cent in Returns Markets • Total underlying net revenue flat and volumes down 6 per cent (net revenue up 1 per cent and volumes down 4 per cent ex Iraq) • Acquisition of US assets completed; ITG Brands fully operational and integration progressing to plan Cost Optimisation • Focus on complexity reduction, improved ways of working and cost efficiencies ongoing • Cost optimisation programme remains on track to deliver £85 million savings in FY15 Capital Discipline • Expect cash conversion of c.90 per cent for the full year with consistent focus on managing working capital • Continuing commitment to ongoing debt reduction • On track to deliver dividend growth of 10 per cent for the full year Overview 9 months to 30 June Change Constant 2015 2014 Actual Currency1 Underlying2 Growth Brands volume bn SE 105.4 91.7 +15% - +10% Tobacco net revenue3 £m 4,435 4,632 R -4% +2% 0% Total Tobacco volume3 bn SE 207.4 213.3 -3% - -6% 1 Change at constant currency removes the effect of exchange rate movements on the translation of the results of our overseas operations. -
“Mevius Mode 6 100'S” and “Mevius Mode 3 100'S”
FOR IMMEDIATE RELEASE Tokyo, April 21, 2015 Black Mevius Richer flavor through a lavish blend. Reduced smoke smell. “Mevius Mode 6 100’s” and “Mevius Mode 3 100’s” To be rolled out across Japan in early June, 2015 Japan Tobacco Inc. (JT) (TSE: 2914) has announced two new additions to the Mevius Mode series, which incorporates LSS* technology. “Mevius Mode 6 100’s” and “Mevius Mode 3 100’s” are to be rolled out across Japan in early June. A richer flavor through a lavish blend, and reduced smoke smell as well “Mevius Mode 6 100’s” and “Mevius Mode 3 100’s” The Mevius Mode Series products, which retain the smooth and clear flavor of Mevius and incorporate JT’s LSS technology, have been very well received by consumers. Now JT is launching “Mevius Mode 6 100’s” and “Mevius Mode 3 100’s”, in addition to the popular rich flavor “Mevius Mode One 100’s” launched in 2011. Thanks to a lavish blend, consumers can enjoy a richer flavor than that of the regular Mevius series. Employing the FSK size (approx.100 mm) instead of the FK one (approx. 85 mm) provides not just longer smoking experience, but also more satisfaction with each cigarette. In addition, the new products also incorporate LSS technology. The packages will feature the streamline motif of Mevius with vibrant blue and orange gradations on a black background. Furthermore, the sense of premium stylishness of the packages is enhanced by creating a special texture, which is achieved by ingenious use of gloss colors. -
Challenges to Tackling Antimicrobial Resistance
Challenges to Tackling Antimicrobial Resistance Antimicrobial resistance (AMR) is a biological mechanism whereby a microorganism evolves over time to develop the ability to become resistant to antimicrobial therapies such as antibiotics. The drivers of and poten- tial solutions to AMR are complex, often spanning multiple sectors. The internationally recognized response to AMR advocates for a ‘One Health’ approach, which requires policies to be developed and implemented across human, animal, and environmental health. To date, misaligned economic incentives have slowed the development of novel antimicrobials and lim- ited efforts to reduce antimicrobial usage. However, the research which underpins the variety of policy options to tackle AMR is rapidly evolving across multiple disciplines such as human medicine, veterinary medicine, agricultural sciences, epidemiology, economics, sociology and psychology. By bringing together in one place the latest evidence and analysing the different facets of the complex problem of tackling AMR, this book offers an accessible summary for policy-makers, academics and students on the big questions around AMR policy. This title is also available as Open Access on Cambridge Core. Michael anderson is a Research Officer in Health Policy at the Department of Health Policy, London School of Economics and Political Science, and a Medical Doctor undertaking General Practice specialty training. Michele cecchini is a Senior Health Economist, Health Division, in the Directorate for Employment, Labour and Social Affairs, Organisation for Economic Co-operation and Development. elias Mossialos is Brian Abel-Smith Professor of Health Policy, Head of the Department of Health Policy at the London School of Economics and Political Science, and Co-Director of the European Observatory on Health Systems. -
A TOBACCO-FREE SLOVENIA with the Help of Ngos
A TOBACCO-FREE SLOVENIA with the help of NGOs 1 Slovenian Coalition for Public Health, Environment and Tobacco Control-SCTC October 2019 A TOBACCO-FREE SLOVENIA with the help of NGOs Slovenian Coalition For Public Health, Environment and Tobacco Control October 2019 TABLE OF CONTENTS Introduction: And yet we’re smoking less ................................................................................................................... 3 A few facts Smoking and its consequences in Slovenia .................................................................................................................. 5 Toxins in cigarettes ........................................................................................................................................................ 6 Electronic cigarettes ...................................................................................................................................................... 7 Herbal cigarettes ........................................................................................................................................................... 8 Tobacco industry revenues ........................................................................................................................................... 9 WHO Framework Convention ..................................................................................................................................... 11 Slovenian legislation................................................................................................................................................... -
Imperial Tobacco Finance
Prospectus Imperial Tobacco Finance PLC A9.4.1.1 (Incorporated with limited liability in England and Wales with registered number 03214426) A9.4.1.2 Imperial Tobacco Finance France SAS (A société par actions simplifiée incorporated in France) €15,000,000,000 Debt Issuance Programme Irrevocably and unconditionally guaranteed by Imperial Tobacco Group PLC A9.4.1.1 (Incorporated with limited liability in England and Wales with registered number 03236483) A9.4.1.2 This Prospectus amends, restates and supersedes the offering circular dated 21st February 2014. Any Notes issued after the date hereof under the Debt Issuance Programme described in this Prospectus (the “Programme”) are issued subject to the provisions set out herein. This Prospectus will not be effective in respect of any Notes issued under the Programme prior to the date hereof. Under the Programme, Imperial Tobacco Finance PLC (“Imperial Finance” or an “Issuer”) and Imperial Tobacco Finance France SAS A6.1 (“Imperial Finance France” or an “Issuer” and together with Imperial Finance “the Issuers”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue debt securities (the “Notes”) guaranteed by Imperial Tobacco Group PLC (“Imperial Tobacco” or the “Guarantor”) and Imperial Tobacco Limited (“ITL”). Please see the Trust Deed dated 6th February 2015 (the “Trust Deed”) which is available for viewing by Noteholders as described on page 124 for further details about the Imperial Tobacco guarantee and page 98 for further details regarding the ITL guarantee. The aggregate nominal amount of Notes outstanding will not at any time exceed €15,000,000,000 (or the equivalent in other currencies). -
The New “Mevius Premium Menthol Option Red” Line to Be Launched Nationwide in Late August 2016
FOR IMMEDIATE RELEASE June 20, 2016 100% Natural Menthol × New Aroma-Changing Capsule The new “Mevius Premium Menthol Option Red” line to be launched nationwide in late August 2016 Tokyo, June 20, 2016 --- Japan Tobacco Inc. (JT) (TSE: 2914) has announced the nationwide launch of three new products from Mevius in late August: “Mevius Premium Menthol Option Red 8”, “Mevius Premium Menthol Option Red 5” and “Mevius Premium Menthol Option Red One 100’s”. With the celebration of its third anniversary in 2016, JT is strengthening the Mevius products and services, and accelerating the brand evolution to deliver the feel of “Ever Evolving, Ever Surprising.” to consumers. Following the upgrade of sixteen standard Mevius products and the launch of “Mevius Option Rich Plus” line, Mevius is releasing a completely new menthol line “Mevius Premium Menthol Option Red”. 100% Natural Menthol × New Aroma-Changing Capsule Launch of three new menthol products Since the name change from Mild Seven to Mevius, JT has been developing Mevius Premium Menthol products featuring its “100 percent Natural Menthol”1 proposition. “Mevius Premium Menthol” line offers consumers pure refreshing sensation delivered by 100 percent Natural Menthol, while “Mevius Premium Menthol Option” 2 and “Mevius Premium Menthol Option Yellow”3 lines allow consumers to enjoy flavoured menthol, by crushing the aroma-changing capsule. All of these products so far have been very well received by our consumers. To meet diversified needs of adult smokers, JT is launching three new “Mevius Premium Menthol Option Red” products with a new aroma-changing capsule developed by JT. Before crushing the capsule consumers will enjoy pure refreshing coolness through 100 percent Natural Menthol, which is unique to all Mevius Premium Menthol lines. -
6.-Market-Brief-Cigarette-HS-2402
RINGKASAN EKSEKUTIF Jepang berada di urutan ke-33 sebagai negara yang mengkonsumsi sigaret terbanyak di dunia. Berdasarkan Tobacco Atlas, setiap orang (usia di atas 15 tahun) mengkonsumsi 1.583,2 batang sigaret per tahun di tahun 2016, sementara orang Indonesia mengkonsumsi 1.675,5 batang sigaret per tahunnya. Selain itu, Jepang merupakan negara terbesar dan menduduki peringkat pertama sebagai negara pengimpor produk sigaret dunia (HS 2402) dengan pangsa 9,2% terhadap total impor sigaret dunia di tahun 2017. Tingginya konsumsi dan impor produk sigaret di Jepang tersebut menjadikan Jepang sebagai negara potensial tujuan ekspor yang dapat dikembangkan bagi produk sigaret Indonesia dengan kode HS 2402. Produk sigaret dengan kode HS 2402 yang banyak diimpor terkonsentrasi pada 2 (dua) jenis yaitu sigaret yang masuk ke dalam kode HS 240220 dan cerutu yang masuk ke dalam kode HS 240210. Penjualan sigaret di pasar domestik Jepang mencatat penurunan yang signifikan di tahun 2017 baik secara volume maupun nilai masing-masing sebesar - 12,9% dan -11,7%, namun demikian selama lima tahun terakhir, penjualan sigaret baik secara volume dan nilai masing-masing hanya turun sebesar -5,2% dan -4,0%. Di sisi lain, penjualan cerutu justru mengalami peningkatan baik secara volume dan nilai masing-masing sebesar 3,1% dan 2,6% serta memiliki pertumbuhan positif selama lima tahun terakhir masing-masing sebesar 3,4% dan 3,6%. Dalam lima tahun ke depan hingga tahun 2022, penjualan sigaret (HS 240220) di Jepang diprediksi akan tetap mengalami penurunan sebesar -9,3% (2017-2022 CAGR) sebaliknya penjualan cerutu (HS 240210) diprediksi tetap tumbuh positif selama lima tahun ke depan sebesar 1,3% (2017-2022 CAGR).