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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Philip Morris Japan adds “Electric Purple” to IQOS ILUMA i range, expands to convenience stores from Feb. 3
Philip Morris Japan adds “Electric Purple” to IQOS ILUMA i range, expands to convenience stores from Feb. 3
Philip Morris Japan (PMJ) said on Jan. 29 it has introduced “Electric Purple” as a new standard color option for its IQOS ILUMA i heated tobacco device lineup, covering three models with prices unchanged. The new color will be available from Jan. 29 via the company’s official online and store channels, with sales expanding to convenience stores and some tobacco retailers from Feb. 3.
Jan.29 by 2FIRSTS.ai
Reuters/AP: China Cancels E-cigarette Export Tax Rebate, Manufacturing Industry Faces Cost and Risk Pressures
Reuters/AP: China Cancels E-cigarette Export Tax Rebate, Manufacturing Industry Faces Cost and Risk Pressures
China officially cancels e-cigarette export tax rebate, putting manufacturing under cost and risk pressure.
Jan.16 by 2FIRSTS.ai
2Firsts Flash|PMI Reports 2025 Results as Smoke-Free Products Account for 41.5% of Net Revenues
2Firsts Flash|PMI Reports 2025 Results as Smoke-Free Products Account for 41.5% of Net Revenues
Philip Morris International reported full-year 2025 results on February 6, with smoke-free products accounting for 41.5% of adjusted net revenues, up from 38.7% a year earlier. Total net revenues rose 7.3% to $40.65 billion, while shipment volumes increased 1.4%, widening the gap between revenue and volume growth. Cigarette shipments declined as smoke-free volumes rose 12.8%, driven by heated tobacco, oral nicotine and e-vapor products. Results were released alongside a 9:00 a.m. EST webcast.
Feb.06
France’s ANSES Report Reframes the Vape Debate: Harm Reduction Confirmed, Regulatory Barriers Rising
France’s ANSES Report Reframes the Vape Debate: Harm Reduction Confirmed, Regulatory Barriers Rising
France’s top health agency has confirmed that vaping is less harmful than smoking — but not risk-free — reshaping the country’s regulatory trajectory. As Paris withdraws a proposed vape tax and debates stricter ingredient, emissions and youth-protection rules, the ANSES report signals not prohibition, but tighter technical oversight. For manufacturers, retailers and EU policymakers, France may be previewing Europe’s next phase of nicotine governance.
Special Report
Feb.23
Malaysia health minister says court conviction over vape promotion sets key precedent for Act 852 enforcement
Malaysia health minister says court conviction over vape promotion sets key precedent for Act 852 enforcement
Malaysia’s Health Minister Datuk Seri Dr Dzulkefly Ahmad said the Putrajaya Magistrate’s Court decision to convict a known personality for promoting vape has set an important legal precedent for enforcing the Control of Smoking Products for Public Health Act (Act 852).
Jan.09 by 2FIRSTS.ai
British American Tobacco to close South Africa cigarette plant by end-2026, citing illicit trade squeezing legal market
British American Tobacco to close South Africa cigarette plant by end-2026, citing illicit trade squeezing legal market
British American Tobacco South Africa (BATSA) said it will halt local production of factory-made cigarettes and close its manufacturing plant in Heidelberg, Gauteng by the end of 2026, shifting to an import-led supply model. The company said illicit cigarettes now account for about 75% of South Africa’s market, making local manufacturing “unsustainable” and putting around 230 jobs at risk.
Jan.16