Japan Tobacco International Launches First Green Factory in Africa

JTI by 2FIRSTS.ai

Jul.22.2024

Japan Tobacco International Launches First Green Factory in Africa

Japan Tobacco International (JTI) announces construction of green factory in Morocco's Tangier-Med Industrial Zone, signaling new era in Africa.

According to Morocco World News, on July 20th, Japan Tobacco International (JTI) announced the start of construction on its first green factory in North and West Africa.

The factory is located in the Dattuan Park of the Med Industrial Zone in Tangier, Morocco, with a total investment of about $92 million. Construction is planned to begin in August 2024.

Jose Luis Amador, the JTI Director for North and West Africa, emphasized the importance of the new factory.

This is a historic moment, marking the beginning of a new era for JTI in North and West Africa.

The factory will implement energy efficiency measures such as LED lighting and automatic climate control systems, as well as install rainwater collection and recycling systems to meet non-potable water needs. Additionally, once operational, the factory will create 170 direct jobs and numerous indirect employment opportunities, with a focus on employing 30% women.

References:

[1] Tobacco Company JTI Launches Its First Green Factory in Morocco

Also Read:

[1] Legal Dispute Between Megapolis and Russian Ministry of Industry

[2] JTI Ukraine to Inject $60 Million Investment in Economy

[3] Summer Promotion: JTI Offers Discounts on Ploom X Advanced

[4] JTI and Cambodian Environment Ministry Sign MoU for Cooperation

[5] JTI Launches New Limited Edition "Lime Halo" for Ploom X

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Putin Supports Full Russia-Wide Vape Sales Ban

Russian President Vladimir Putin gave his backing to a nationwide sales ban on vapes during a visit to Samara and stressed that “it’s not only such a decision that is important, but also the corresponding work among youth.”

Nov.07 by 2FIRSTS.ai

BAT plans to sell its stake in ITC Hotels, using proceeds to reduce debt

British American Tobacco (BAT) plans to sell all or part of its stake in ITC Hotels via an accelerated bookbuild, with the sale size expected to be up to 15.3% of the company’s shares. The company says the proceeds will be used to reduce debt and bring its leverage back within the target range.

Dec.05 by 2FIRSTS.ai

SKE’s Parent Company Yinghe Technology Reports 80% Drop in Q3 Net Profit, Revenue Up 22.85% Year-on-Year

Yinghe Technology (SZ: 300457), parent company of SKE, saw Q3 net profit plunge 80.3% to 31.06 million yuan, while revenue rose 22.85% to 2.52 billion yuan. The decline was mainly driven by higher costs and expenses.

Oct.28 by 2FIRSTS.ai

South Korea’s Tobacco Law Amendment to Include Synthetic Nicotine, Projected to Add Up to $340 Million in Local Tax Revenue

Following the National Assembly’s approval of amendments to the Tobacco Business Act on September 22, redefining tobacco to include synthetic nicotine, the Korea Institute of Local Finance (KILF) estimates that local governments could gain between $37 million and $340 million in additional tax revenue in 2025 from tobacco consumption and local education taxes.