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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PMI Positions Indonesia as Key Asia-Pacific Hub to Drive Innovation and Export of New Tobacco Products
PMI Positions Indonesia as Key Asia-Pacific Hub to Drive Innovation and Export of New Tobacco Products
PMI and its Indonesian affiliate Sampoerna are investing $330 million (IDR 5.35 trillion) to build Southeast Asia’s first smoke-free product facility in Karawang, West Java. As PMI’s seventh global site for next-gen products, the plant includes Asia’s only advanced lab of its kind. It produces devices like IQOS and VEEV and has launched a localized BLENDS line, now available in 20 major Indonesian cities.
Jul.04 by 2FIRSTS.ai
New Zealand Ruling Party Accused of Favoring Tobacco Industry; Smoke-Free Groups Urge Prime Minister to Intervene in Tobacco Oversight
New Zealand Ruling Party Accused of Favoring Tobacco Industry; Smoke-Free Groups Urge Prime Minister to Intervene in Tobacco Oversight
New Zealand Vape-Free Kids urges removing New Zealand First’s control over tobacco and vaping regulations. RNZ documents reveal Philip Morris’s close ties with the party, including a legislative draft for heated tobacco products (HTPs) and an excise tax cut on HTPs by MP Casey Costello, benefiting Philip Morris. Party leader Winston Peters says contacts with the tobacco industry are legal.
Jul.23 by 2FIRSTS.ai
Singapore Shuts Down Over 600 Telegram Groups to Crack Down on Illegal E-Cigarette Sales
Singapore Shuts Down Over 600 Telegram Groups to Crack Down on Illegal E-Cigarette Sales
Since April 2024, Singapore’s Health Sciences Authority (HSA) has shut down over 600 Telegram groups promoting or selling e-cigarettes and Kpods. This is the first time HSA has released such data. Additionally, from January 2024 to March 2025, HSA and the Ministry of Health removed more than 6,800 online listings related to e-cigarettes—more than double the number removed in 2023.
Jul.17 by 2FIRSTS.ai
Davidoff's 2024 Revenue Increases by 0.9% to CHF 541.7 Million, Cuts Production Strategically in Response to EU Regulations
Davidoff's 2024 Revenue Increases by 0.9% to CHF 541.7 Million, Cuts Production Strategically in Response to EU Regulations
Oettinger Davidoff AG's global revenue reached CHF 541.7 million ($700 million) in 2024, a 0.9% increase. The company reduced production by 21% to 38.5 million cigars in response to new EU traceability regulations. Flagship brands Davidoff and Zino grew by 15% and 28.1%, respectively, while the Honduras factory is expanding capacity.
Jun.23 by 2FIRSTS.ai
Interview: AIRSCREAM on Balancing Compliance and Market Demand Amid the Disposable Vape Crackdown
Interview: AIRSCREAM on Balancing Compliance and Market Demand Amid the Disposable Vape Crackdown
During the Dubai World Vape Show, AIRSCREAM executive Andrew spoke with 2Firsts about the brand’s strategies on compliance, large-capacity products, and nicotine alternatives. He underscored the company’s stance against disposable vapes and its commitment to long-termism and youth protection.
Jul.04
JTI Explores New Factory Investment in Romania, Reportedly Worth 70 Million Euros
JTI Explores New Factory Investment in Romania, Reportedly Worth 70 Million Euros
Japan Tobacco International (JTI) is reportedly planning a major industrial expansion in Romania, with an estimated investment of 70 million euros to build a new, modern factory on the outskirts of Bucharest. The new facility is expected to triple the company’s current production capacity and further strengthen its global export operations.
Aug.06 by 2FIRSTS.ai