Phimo International to Invest $159.7 Million in Philippines for Tobacco Production.

Oct.12.2022

Phimo International to invest $159.7 million to establish a production plant for heating tobacco devices in the Philippines.

According to reports, Femto International will invest $159.7 million in the Philippines to establish a production site for manufacturing heating cigarette devices and heating tobacco sticks.

Phimo International is set to produce heated tobacco sticks in the Philippines for the first time. It is estimated that over 20% of adults in the Philippines smoke. Phimo International stated that this investment will use tobacco leaves grown in the Philippines and create 220 employment opportunities.

#Philippines #Product #Products of Tobacco

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China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

IQOS UK unveils 2026 pop-up events plan, first stops set for London and three other cities

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Alabama House Health Committee advances SB9 to restrict vaping in public spaces under Clean Indoor Air Act

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