PMI CEO: Government Needs to Set a Time to Ban Smoking

Business by Alice Wang

Jun.08.2023

PMI CEO: Government Needs to Set a Time to Ban Smoking

Jacek Olczak, CEO of Philip Morris International (PMI), calls on the government to set a point in time to ban cigarettes, according to the Daily Mail.

Jacek Olczak, CEO of Philip Morris International (PMI), calls on the government to set a point in time to ban cigarettes.

Olczak believes that cigarette reform, similar to that of the internal combustion engine, needs to establish a time frame to give consumers and the industry enough time to respond and change. He told the Daily Mail, "Looking at what the UK is doing in the car industry, saying that as of a certain year you are not allowed to produce petrol cars, we could have this with tobacco too."

Also Read:

[1] PMI's Korean Facility Produces Non-Burning Heating Devices

[2] Federal Judge Rejects PMI's Request to Ban Vuse Sales

[3] PMI Q1 2023 Financial Results: 3.5% Revenue Growth, IQOS User Base Increases

[4] PMI's PML Launches Disposable E-Vapour Device - VEEBA

[5] PMI Reports Strong 2022 Results and 2023 Goals

#Asia #China #Disposable e-cigarettes #PMI

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

Authorities in Kazakhstan Seize Over 53,000 Illegal Vape Products in Pavlodar

Authorities in Kazakhstan Seize Over 53,000 Illegal Vape Products in Pavlodar

Kazakhstan’s Financial Monitoring Agency in Pavlodar Region has concluded an investigation into an organised group involved in the illegal sale of vaping products. The group operated through three Telegram-based online shops and used courier delivery services. Authorities seized more than 53,000 items, with a total value exceeding 400 million tenge. The investigation found that students were the primary consumers. Four suspects have been placed in custody and multiple assets have been seized.

Dec.25 by 2FIRSTS.ai

RJ Reynolds asks ITC to investigate alleged vape restriction violations by Heaven Gifts network

RJ Reynolds asks ITC to investigate alleged vape restriction violations by Heaven Gifts network

R.J. Reynolds Tobacco Co. has asked the U.S. International Trade Commission to open a Section 337 investigation into Heaven Gifts International — the umbrella company behind Elf Bars and Geek Bars — its subsidiaries and nine U.S. distributors.

Jan.16 by 2FIRSTS.ai

Kumulus Vape launches Labster production unit for e-liquids and DIY concentrates

Kumulus Vape launches Labster production unit for e-liquids and DIY concentrates

Kumulus Vape has launched Labster, a 700 sq m production unit in the Lyon Metropolis near the group’s headquarters, for e-liquids and DIY concentrates. The site is equipped with automated lines supplied by CDA (Constructions d’Automatismes) to carry out bottling and labeling. Its theoretical capacity is described as several million bottles per year in 10–100 ml formats, and it is already operational.

Feb.06 by 2FIRSTS.ai

Nepal: 80 cartons of e-cigarettes seized, valued at US$150,000

Nepal: 80 cartons of e-cigarettes seized, valued at US$150,000

In Nepal’s Mustang district, authorities seized 80 cartons of e-cigarettes valued at NPR 22,459,320 (approximately US$150,000) in Lomanthang Rural Municipality-4, Nechung, and detained a 32-year-old man, Pema Lama. The account says the e-cigarettes were allegedly brought illegally from China three to four days earlier and loaded near the Korala Nepal–China border point before being intercepted.

Jan.13 by 2FIRSTS.ai

Philip Morris International: Over $20 Billion Invested in the U.S. Since 2022; IQOS ILUMA to Launch Pending FDA Authorization

Philip Morris International: Over $20 Billion Invested in the U.S. Since 2022; IQOS ILUMA to Launch Pending FDA Authorization

Philip Morris International (PMI) said its U.S.-related investments have topped $20 billion since 2022, when it entered the U.S. market through its roughly $19 billion acquisition of Swedish Match. The company also said it plans to launch its heated tobacco product IQOS ILUMA in the United States pending authorization from the U.S. Food and Drug Administration (FDA).

Jan.16 by 2FIRSTS.ai

Russia’s Federation Council Approves Ban on Vape and Cigarette Sales at Transport Stops

Russia’s Federation Council Approves Ban on Vape and Cigarette Sales at Transport Stops

Russia’s Federation Council has approved a law banning the sale of all nicotine-containing products, including cigarettes and e-cigarettes, at urban and suburban public transport stops. The law includes an exemption for cases where a retail outlet at a stop is the only point of sale in a locality. The legislation will come into force on September 1, 2026.

Dec.19 by 2FIRSTS.ai

Related Read

Authorities in Kazakhstan Seize Over 53,000 Illegal Vape Products in Pavlodar

Authorities in Kazakhstan Seize Over 53,000 Illegal Vape Products in Pavlodar

RJ Reynolds asks ITC to investigate alleged vape restriction violations by Heaven Gifts network

RJ Reynolds asks ITC to investigate alleged vape restriction violations by Heaven Gifts network

Kumulus Vape launches Labster production unit for e-liquids and DIY concentrates

Kumulus Vape launches Labster production unit for e-liquids and DIY concentrates

Nepal: 80 cartons of e-cigarettes seized, valued at US$150,000

Nepal: 80 cartons of e-cigarettes seized, valued at US$150,000

Philip Morris International: Over $20 Billion Invested in the U.S. Since 2022; IQOS ILUMA to Launch Pending FDA Authorization

Philip Morris International: Over $20 Billion Invested in the U.S. Since 2022; IQOS ILUMA to Launch Pending FDA Authorization

Russia’s Federation Council Approves Ban on Vape and Cigarette Sales at Transport Stops

Russia’s Federation Council Approves Ban on Vape and Cigarette Sales at Transport Stops