Author: Staff Writer

  • Looking to increase corporate tax rate

    Bangladesh’s National Board of Revenue (NBR) is looking into increasing the corporate tax rate on tobacco companies, according to a story in The Daily Star.

    At present, the corporate tax rate for publicly traded tobacco companies is 35 per cent while that for non-publicly traded companies is 42.5 per cent.

    The proposal now under consideration would increase the tax rate on both listed and non-listed companies by between 2.5 and 5 percentage points during the next financial year, which begins on July 1.

    In addition, the NRB is apparently considering an increase in the tax on bidis, from six per cent to 10 per cent.

  • Aficionados set to storm cigar auction

    With the UK’s spring having been officially declared the coldest on record, the organizers of a cigar auction in London have moved quickly to assure people of the event’s all-weather credentials.

    “Cigar smoking has now become, for many, a seasonal experience, for it’s difficult to keep your Havana alight in the pouring rain, wind, or snow, when you’re forced to smoke outside in London or anywhere else,” said Mitchell Orchant, managing director of C.Gars.

    “If the present sunny dry weather continues, our clients will be able to sit outside on Boisdale’s cigar terrace and enjoy a fine smoke while they bid for some £300,000-worth of vintage, rare and mature cigars and cigar-related Lots at C.Gars Ltd’s 8th Vintage Cigar Auction.

    “And if it rains, they can sit inside a non-smoking room and save their cigars for the post-auction drinks and canapés. The first option is preferable but whatever happens at least they’ll be among smoking-tolerant friends. And it’s always great fun to meet up with other cigar enthusiasts and compare notes on what you’ve invested in, cigar-wise.

    “The weather, good or bad, certainly won’t stop some of the world’s wealthiest cigar aficionados from making the trip to London’s Docklands to keep their humidors filled with some of the finest hand-rolled cigars on the planet.”

    More information on the June 10 auction is at: www.cigarauctions.co.uk

  • ‘Silica filter optimizes filtration’

    Solvay Acetow has launched Rhodia FilterSorb, a silica filter solution for optimized filtration.

    A unique silica-based granule in a cellulose acetate matrix, Rhodia FilterSorb adds a second filtration step to a standard filter to provide optimized filtration, without loss of flavor, according to Solvay Acetoy.

    In a qualitative taste panel, comparing a standard cellulose acetate filter, a charcoal filter and a Rhodia FilterSorb filter, most panelists found that Rhodia FilterSorb preserved more real tobacco flavor while providing a softer and smoother taste.

    A survey performed in Russia showed that around 35 percent of the participants would be prepared to pay a significant premium for cigarettes with an improved filtration capability.

  • GPs need a course on nicotine

    A survey of GPs in the UK and Sweden has revealed that many incorrectly identify nicotine as one of the most harmful components of cigarette smoke.

    So, in the UK, successful implementation of the National Institute for Health and Clinical Excellence’s guidance on harm reduction approaches to smoking might require GP education on the relative risks of alternative nicotine products.

    In a press note, BAT said that a survey of general medical practitioners (GPs) in the UK and Sweden had revealed that some held the view that one of the greatest health risks from smoking was nicotine. ‘This belief likely influences health advice to smokers when considering whether to recommend the use of alternative nicotine products,’ the note continued.

    ‘Nicotine is the addictive component of tobacco smoke, but unlike some other constituents of tobacco smoke, it is not carcinogenic and according to the UK Royal College of Physicians, “medicinal nicotine is a very safe drug”.

    ‘Switching to alternative nicotine products such as nicotine gums and electronic cigarettes can, therefore, help many smokers quit smoking or cut down, thereby reducing exposure to tobacco smoke and the associated harm. But the views held by some GPs in both the UK and Sweden may influence their willingness to recommend the use of alternative nicotine products to help smokers quit outright or to cut down to quit. This could have some impact on the successful implementation of the UK National Institute for Health and Care Excellence’s guidance on harm reduction approaches to smoking. This guidance advocates broader use of nicotine replacement therapies and clearly differentiates between the risks associated with cigarette smoking and those of using nicotine products. This guidance also proposes that the education and training of practitioners should “include the principles and practice of tobacco harm reduction”.’

    The survey, commissioned by BAT, involved an online survey to assess the knowledge, perceptions and attitudes to tobacco and nicotine products of healthcare professionals in the UK and Sweden and to understand what types of advice in relation to the use for alternative nicotine products are being offered to smokers.

    “It is our belief that smokers should have available to them products that are satisfying and deliver nicotine in a safer way without the harmful toxicants in cigarette smoke,” said Dr. David O’Reilly, group scientific director at BAT. “And those responsible for giving advice to smokers on different tobacco and nicotine products must be able to provide accurate and meaningful information on their different risk profiles.”

    The study participants (100 UK, 120 Sweden) were asked about the risks associated with tobacco and nicotine products, smoking cessation and tobacco harm reduction approaches, and influential sources of information.

    ‘The UK was chosen because its tobacco control policies include progressive tobacco harm reduction approaches,’ the press note said. ‘Sweden was included because in this country, a switch from smoking to snus use by Swedish men has resulted in significant reductions in lung cancer mortality as well as that of other smoking-related diseases. Snus is a smokeless tobacco that is placed under the upper lip. Although snus carries substantially fewer health risks than cigarettes, the sale of snus is prohibited in the UK.

    ‘The majority of survey respondents (96 per cent UK, 98 per cent Sweden) said that they regularly discussed smoking cessation with their patients, but less than half believe that long-term NRT is preferable to smoking (31 per cent UK, 48 per cent Sweden).

    ‘The survey findings show that a substantial proportion of GPs (40 per cent) believe nicotine to be the first or second riskiest component of cigarettes, incorrectly identifying it as more harmful than smoke. Many (44 per cent UK, 56 per cent Sweden) also wrongly believe that nicotine in tobacco products is associated with cancer, while 15 per cent in the UK and 22 per cent in Sweden believe the same for pharmaceutical nicotine.’

    “Although GPs clearly understand that smoking is more dangerous than NRT use, it is worrying that so many associate nicotine with cancer,” said lead researcher Dr. Sudhanshu Patwardhan, medical affairs manager at BAT. “It is also unclear whether the perceived risk of nicotine in tobacco and NRT is because of this association with cancer or because of its ability to cause addiction.”

    The results of the survey are published in a Harm Reduction special issue of ‘Drugs & Alcohol Today’, 2013, 13 (issue 2): http://www.emeraldinsight.com/journals.htm?issn=1745-9265&volume=13&issue=2

  • E-cigarette ban catastrophic: doctor

    Several doctors have spoken out against a decision by the French Health Minister, Marisol Touraine, banning the use of electronic cigarettes in certain public places, according to a story by Charlotte Boitiaux for France 24.

    Touraine decided on Friday to establish “the same laws for electronic cigarettes as for regular cigarettes,” meaning that they will not be allowed to be used in certain public spaces, sold to those under 16 years of age or advertised.

    According to Touraine, those who smoke electronic cigarettes might be endangering their health. “The electronic cigarette is not a harmless product,” she said in an interview on radio station France Info, adding that “tobacco is responsible for 73,000 deaths per year”.

    But in a report published on May 28 by the French Office for Tobacco Prevention, no evidence was cited that smoking electronic cigarettes posed any health risk. ‘Right now, we don’t know enough about the products,’ the author of the report wrote, though ‘to our knowledge, appropriately made and used, it presents infinitely fewer dangers than [do] cigarettes’.

    Boitiaux wrote that experts had suggested that Touraine acted with an excess of caution rather than face the possibility of health risks from e-cigarettes being discovered down the road. But this caution has not gone down well in some places. “The French minister was overly cautious, and her zeal is catastrophic,” judged Jean-François Etter, a professor of Public Health at the University of Geneva. “The e-cigarette is an alternative that can save millions of lives. I don’t understand these disappointing declarations, which go against the welfare of the population.”

    Meanwhile, Dr. William Lowenstein, addiction specialist and president of the French association, SOS Addictions, also believes that the benefits of electronic cigarettes are undeniable. “There are none of the carcinogenic substances,” he said during a TV interview with France 5 on May 16. “Replacing the cigarette is a way of breaking the addiction to this cancer-causing product.”

  • Starbucks falls foul of smoking gun

    The pressure group, Moms Demand Action for Gun Sense in America, is asking Starbucks to ban guns from its stores in all states.

    ‘In light of the epidemic of gun violence in America, as well as recent shootings at Starbucks stores, Moms Demand Action fails to see the logic in the company’s determination that second-hand smoke is more dangerous to its customers than loaded guns,’ the group said in a press note issued through PR Newswire. ‘As mothers, we wonder why Starbucks is willing to put our children at risk by allowing customers to openly carry loaded weapons in its stores. We are asking our members and all American moms to send a letter to Starbucks today asking them to ban guns from all of their stores, regardless of state laws on open carry: http://action.momsdemandaction.org/page/speakout/dear-starbucks.’

    The reference to second-hand smoke came about because of a Starbucks announcement that it was going to ban smoking within 25 feet of its storefronts starting on June 1. The announcement said also that electronic cigarettes would be banned at the company’s 7,000 US locations on that date.

    According to Starbucks, the ban was being put in place to protect customers’ health even in states where laws don’t prevent smoking outside.

    And there’s the rub. In states where it is legal to carry weapons openly, Starbucks refuses to ban loaded guns from inside its stores. In the case of guns, Starbucks was quoted as saying that it complied with local laws and statutes in the communities it served. ‘Our long-standing approach to this issue remains unchanged and we abide by the laws that permit open carry in 43 U.S. states,’ it apparently said. ‘Where these laws don’t exist, openly carrying weapons in our stores is prohibited.’

  • PMI provides investors with Asia insights

    Philip Morris International is providing investors with a review of its Asian business during its Asia Region Investor Field Trip.

    The event was due to begin today in Singapore with presentations from Matteo Pellegrini, PMI’s president, Asia Region, and Laurent Boissart, PMI’s president Japan.

    It is due to end tomorrow in Indonesia following a presentation from Paul Janelle, PMI’s president director of PT Hanjaya Mandala Sampoerna Tbk, a factory tour and market visit.

    A copy of the respective remarks and slides is being made available at www.pmi.com/presentations on the day of each presentation.

  • Altria to host investor day presentation

    Altria is due to host a webcast at www.altria.com of its Investor Day in New York presentation from about 09.00 hours to about 12.00 hours Eastern Time on June 11.

    The webcast, which will be in listen-only mode, will feature presentations by Altria’s chairman and CEO, Marty Barrington, and other members of Altria’s senior management team.

    Pre-event registration is necessary at www.altria.com, where an archived copy will be made available.

  • Pop star invests in NJOY

    Music star and 13-time Grammy Award nominee Bruno Mars has joined NJOY as an investor. While the terms of the investment were not disclosed, Mars stated that he often uses NJOY’s King product in place of traditional cigarettes and is convinced that it is a revolutionary alternative to cigarettes.

    “I’ve been using NJOY Kings instead of cigarettes these days and I’m sticking to it,” said Mars. “I believe in the product and the company’s mission.”

    “Bruno Mars is an exciting addition to NJOY and we are pleased to have him on board,” said Craig Weiss, CEO of NJOY. “Adding Bruno to our team expands our reach, raising further awareness of the NJOY brand and our company mission to obsolete cigarettes.”

    NJOY King was developed by an award-winning master tobacco flavorist. With a look, feel and flavor that closely mimics a traditional cigarette, it has become the bestselling e-cigarette in the United States.

  • Chinese firms move adverts to Internet

    A recent report claims that while Chinese tobacco companies have reduced their advertising in traditional media, they are stepping up their presence on the Internet, according to a China Daily story.

    The Beijing Center for Disease Control and Prevention (CDCP) compiled the report after monitoring 32 television channels, 91 newspapers and magazines, and various Internet media, including commercial websites and micro blogs.

    Researchers found that tobacco advertisements were broadcast 117 times on two television channels from May 13 to May 19, figures they compared with those from a 2009 survey that found that advertisements were broadcast 678 times on 19 channels from May 18 to May 24. The television channels that were monitored comprised 15 China Central Television stations, 11 Beijing stations and six provincial stations.

    Liu Xiurong, director of the CDCP’s health department, said the television advertisements were indirect promotions because tobacco-product advertisements were prohibited.

    A law formulated in 1994 banned tobacco advertisements through five types of traditional media: radio, television, movies, newspapers and magazines.

    But the law, Liu said, did not make it clear that indirect advertisements for tobacco brands were also banned; so tobacco manufacturers were taking advantage of this situation.

    The report said the print media had been more successful than had television in restricting tobacco advertisements, though the CDCP had found two direct tobacco advertisements.

    While tobacco advertising had declined in traditional media, the focus had shifted to the Internet and product placements in movies and television series.

    Tobacco companies promoted their products on their websites and micro blogs, and some used micro blogs to form online groups of smokers consuming their products.

    Currently there are no regulations on advertising through Internet-based media.