This Week's Top News: Major NGP Companies (Nov 29, 2024)

Nov.29.2024

Philip Morris International (PMI)

 

 

1. PMI's Chief Communications Officer, Dr. Moira Gilchrist, emphasized that the focus should be on gradually reducing cigarette demand over time, rather than abruptly stopping production. And PMI outlines consumer behavior change, legal restrictions, and shareholder responsibility as the key factors behind its continued sale of cigarettes. (Read more on 2Firsts)

 

Moira Gilchrist的头像
PMI Chief Communications Officer Dr. Moira Gilchrist | Image source: LinkedIn

 

2. PMI Romania is accelerating its transition to a smoke-free future by adding ZYN nicotine pouches to its product range. The company emphasizes the importance of a diverse and scientifically substantiated portfolio to cater to the preferences of adult smokers, helping them transition away from smoking while improving their health. (Read more on 2Firsts)

 

3. PMI marks 10 years of its heated tobacco product, IQOS, now used by 30 million adults globally. Smoking rates in Japan dropped 46% since IQOS's launch, with adult smoking falling from 19.6% in 2014 to 10.6% in 2022. (Read more on 2Firsts)

 

 

British American Tobacco (BAT)

 

 

1. BAT will launch its synthetic nicotine e-cigarette, "Nomad Sync 5000," in South Korea. The product, offering 5,000 puffs, comes in two flavors and is priced at 17,000 Korean won ($12 USD). BAT's move takes advantage of a regulatory gap, as synthetic nicotine is not classified as tobacco under South Korea's laws, allowing it to bypass certain tobacco regulations. (Read more on 2Firsts)

 

2. BAT will launch two new heated tobacco devices, "HILO" and "HILO Plus," in Serbia by the end of the year. The "HILO Plus" pen supports up to two consecutive sessions or 20 with a charging base, while the "HILO" model features an LED screen showing real-time information. (Read more on 2Firsts)

 

3. The U.S. Supreme Court upheld a lower court's decision, rejecting an appeal by R.J. Reynolds, a subsidiary of BAT, against the FDA's new graphic cigarette warning labels. (Read more on 2Firsts)

 

4. PJ Carroll, a BAT subsidiary in Ireland, reported a 23% increase in pre-tax profits to €6.18 million in 2023. The growth was driven by the company's expanding vapor and combustible product portfolios, including the successful launch of VELO nicotine pouches. However, the company faces challenges in Ireland from illicit trade and upcoming regulations, including a new e-liquid excise tax, which could impact market conditions. (Read more on 2Firsts)

 

 

Japan Tobacco (JT)

 

 

1. JT announced on November 29 that it will release a limited edition red version of the "Ploom X Advanced" heated tobacco device. The device will be available for purchase through CLUB JT online, nationwide Ploom stores, and convenience stores. In addition to the red device, JT will launch "Oraito Red" accessories, including a "Fabric Back Cover" and "Fabric Carry Case," on the same date. (Read more on 2Firsts)

 

 

RLX Technology

 

 

1. The Philippine Department of Trade and Industry (DTI) officially announced on November 26 that it has lifted the trade ban on vape products manufactured by AEROGIN and RELX. Previously, the DTI had suspended the sale of multiple vape brands, including AEROGIN, LOST MARY, and RELX, in September. (Read more on 2Firsts)

 

 

Ispire Technology Inc

 

 

1. Ispire Technology has launched the VLT CBD pod system, designed to reduce e-waste from disposable products. The system features reusable pods and batteries, making it more cost-effective compared to traditional disposable products, while enhancing flavor by preserving natural terpenes in cannabis extracts. (Read more on 2Firsts)

 

 

Heaven Gifts

 

 

1. Ukrainian customs seized 1,182 undeclared "ELFBAR" e-cigarettes, estimated to be worth around $24,000. The goods were found on a passenger bus traveling from Kherson to Gdansk, and the drivers admitted that the items belonged to them. (Read more on 2Firsts)

 


 

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KT&G Q4 and Full-Year 2025 Results: Global CC Strongest, NGP Penetration Expands
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According to KT&G’s official website (Feb 5, 2026), KT&G released its 2025 fourth-quarter and full-year results. Driven by strong growth in its overseas cigarette business and a rebound in its real estate business, the company posted double-digit increases in both revenue and operating profit, reaching record-high performance.
Feb.05 by 2FIRSTS.ai
Isle of Wight councillors raise concerns about youth vaping; one says it may be seen “akin to asbestos”
Isle of Wight councillors raise concerns about youth vaping; one says it may be seen “akin to asbestos”
Concerns about the effects of vaping on young people and public health were raised at County Hall, the report said, with Cllr Chris Jarman saying it may one day be viewed as “akin to asbestos.” Jarman cited NHS-related research and a case highlighted by Hull University Teaching Hospitals NHS Trust: a 15-year-old admitted with chest pain and breathing difficulty who reported cannabis use and vaping about 500 puffs per day and was diagnosed via CT with “air leak syndrome.”
Feb.27 by 2FIRSTS.ai
California and New Jersey advance bills to curb vape-waste risks tied to facility fires
California and New Jersey advance bills to curb vape-waste risks tied to facility fires
US state lawmakers and recycling groups are pursuing 2026 measures to address safety issues linked to vape waste through legislation, take-back programs and educational outreach. California’s State Assembly passed a bill to ban disposable vape pens, while New Jersey reintroduced an extended producer responsibility bill for e-cigarettes.
Feb.05 by 2FIRSTS.ai
Japan Tax Reform Threatens JTI Heated Tobacco Growth in 2026
Japan Tax Reform Threatens JTI Heated Tobacco Growth in 2026
Japan’s plan to remove the lower tax rate for heated tobacco products could slow growth in the country’s largest HTP market, JTI’s CFO said. Retail prices may rise by 70 to 100 yen, though the company plans phased increases to soften the impact.
JTI
Feb.15
Nebraska Lawmakers Consider Major Tax Hikes on Cigarettes, Vapes and Other Nicotine Products
Nebraska Lawmakers Consider Major Tax Hikes on Cigarettes, Vapes and Other Nicotine Products
Nebraska lawmakers are considering two tax bills targeting nicotine products. LB1124 would raise the cigarette tax from $0.64 to $1.64 per pack, while LB1238 would shift cigarettes to a 30% tax on the retailer’s purchase price and increase taxes on alternative nicotine and other tobacco products to 30%. The commentary argues the hikes could raise consumer costs, pressure small retailers, and increase cross-border shopping and illicit market activity.
Feb.04 by 2FIRSTS.ai
Heated tobacco brand DIITO launches in Mongolia
Heated tobacco brand DIITO launches in Mongolia
A new heat-not-burn (HNB) brand, DIITO, has commenced promotional activities in the Mongolian market. The device features an integrated display panel and supports dual heating modes, "RELAX" and "RUSH." Investigations reveal that DIITO’s local promotion closely overlaps with RELX’s official distribution channels. Furthermore, the DIITO trademark is held by the UK-based REAZEN TECH LIMITED, a company that also manages the e-cigarette brand FASTA.
Jan.16 by 2FIRSTS.ai