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.

Swedish Oral Pouch Manufacturer WiJo to Establish U.S. Production Base, Targeting March 2026 Start-Up

Swedish oral pouch manufacturer WiJo Pouches has announced plans to establish its first North American production facility in South Carolina, where it will lease a manufacturing site to produce nicotine, caffeine and functional pouch products. The project, expected to begin operations in March 2026 and create about 170 jobs, has secured tax incentive support from both state and county authorities.

Dec.05 by 2FIRSTS.ai

FDA Rolls Out Online PMTA Platform, a Move That 2Firsts Analysts Say Could Pull Grey-Market Products Toward Formal Compliance

FDA’s launch of a web-based PMTA system signals faster reviews and, 2Firsts experts say, a possible inflection point for the U.S. e-cigarette market’s shift out of the grey zone.

Dec.04

Russian Police Seize Over 150,000 Counterfeit E-Cigarettes Worth More Than USD 1.65 Million

Russian police in Tambov have detained a man for storing and selling unmarked e-cigarettes. Over 150,000 counterfeit e-cigarettes, cartridges, and e-liquids were seized, valued at more than 126.5 million rubles (approximately USD 1.65 million). Tests revealed that the nicotine content of the seized products exceeded the levels stated on their packaging. A criminal case has been opened under Article 171.1, Part 6 of the Russian Criminal Code.

Dec.09 by 2FIRSTS.ai

84% of Britons Back Regulation of Nicotine Pouches, Survey Finds

A Northerner survey finds 84% of Britons support regulating nicotine pouches and 82% back a licensing scheme for vape sales, aligning with the Tobacco and Vapes Bill to improve consumer safety and youth protection.

Nov.06 by 2FIRSTS.ai