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Category: News This Week

  • Greece Wants Tobacco Companies to Pay for Butt Cleanup

    Greece Wants Tobacco Companies to Pay for Butt Cleanup

    Greece proposed a new framework that would require tobacco companies to help fund the cleanup of cigarette butts from beaches and public spaces, under the “polluter pays” principle. The plan would create a nationwide collection system to finance municipal cleanup efforts and install public ashtrays and bins. The Hellenic Recycling Organization has set reduction targets of 10% fewer scattered butts within three years and 30% within five, as Greece seeks to curb one of the country’s most visible forms of pollution.

    Environmental group WWF Greece welcomed the move but said it doesn’t go far enough, urging the government to impose a €0.019 per-filter fee to create an independent cleanup and innovation fund. Cigarette filters, classified as single-use plastics since 2020 under EU law, were supposed to be managed under a national system starting in 2023, but implementation has been delayed by negotiations with the tobacco industry.

  • Experts Urge Malaysia to Embrace THR

    Experts Urge Malaysia to Embrace THR

    Malaysia continues to struggle with smoking, according to Dr. Arifin Fii, president of the Advanced Centre for Addiction Treatment Advocacy (ACATA), with roughly 20% of adults (4 million people) still smoking despite strict laws and high taxes. He argues that embracing tobacco harm reduction (THR) through vaping and other non-combusted nicotine products could accelerate progress toward a smoke-free nation.

    Drawing lessons from Sweden, where THR strategies helped reduce smoking rates to between 5.6% and 8%, Fii said countries that restrict vaping, such as Ireland, the Netherlands, and Denmark, have seen little improvement. Evidence shows vaping is at least 95% less harmful than smoking and can serve as a transition tool for smokers, he said.

    Fii criticized Malaysia’s current approach, which treats all nicotine products as equally harmful, arguing that risk-proportionate regulation could reduce smoking prevalence while protecting youth. He called for clear frameworks, stricter enforcement of underage access, and policies grounded in science rather than prohibition. By adopting evidence-based harm reduction, Fii said Malaysia could follow Sweden and the UK in reducing smoking-related deaths, healthcare costs, and tobacco-related harm while giving smokers safer alternatives.

  • CORESTA Abstracts Available Online

    CORESTA Abstracts Available Online

    Cooperation Centre for Scientific Research Relative to Tobacco (CORESTA) announced that it has made the abstracts and presentations from its 2025 Agro-Phyto Conference available online. Held in Surabaya, Indonesia, from September 20 to October 2, the conference featured 73 presentations from 10 countries.

  • Universal Reports Strong First-Half 2026, Announced Dividend

    Universal Reports Strong First-Half 2026, Announced Dividend

    Universal Corporation reported a 3% rise in revenue for the first half and 6% growth for Q2 FY2026, driven by higher tobacco processing volumes and stronger ingredient sales. Operating income rose 18% in the first half to $102 million, though it declined 2% in the second quarter to $68 million, reflecting product mix and currency impacts. Net income increased 64% year-over-year to $43 million.

    The Tobacco Operations segment posted a 2% revenue increase to $1.16 billion, with stronger processing volumes and earlier shipments. Ingredients Operations revenue grew 11% to $184 million, supported by continued demand for value-added products despite higher fixed costs and soft consumer demand.

    CEO Preston Wigner said Universal delivered “strong operational performance” and remains “well-positioned to capitalize on growth opportunities” in both tobacco and ingredients businesses. The company also advanced its sustainability goals, expanding solar power use across multiple sites as part of its transition to renewable energy.

    Universal’s board of directors also declared a quarterly dividend of $0.82 per share on the shares of the company, payable February 2, 2026, to shareholders of record at the close of business on January 12, 2026.

  • Turning Point Reports Record Q3 2025

    Turning Point Reports Record Q3 2025

    Turning Point Brands, Inc. reported Q3 2025 net sales up 31.2% year-over-year to $119 million, driven by strong performance in its Modern Oral segment, which surged 627.6% to $36.7 million, now representing 31% of total sales. Adjusted EBITDA rose 17.2% to $31.3 million, and net income jumped 70.3% to $21.1 million. The company raised its 2025 Adjusted EBITDA outlook to $115–120 million (from $110–114 million) and increased Modern Oral sales guidance to $125–130 million (from $100–110 million).

    CEO Graham Purdy said the results “exceeded expectations,” highlighting the strong growth of Modern Oral products and progress toward qualifying U.S. white pouch production lines by early 2026. The Stoker’s segment grew 80.8% to $74.8 million, while the Zig-Zag segment declined 10.5% to $44.2 million. TPB ended the quarter with $201 million in cash and $267.8 million in total liquidity.

  • Netherlands Increases Fines for Illegal Vape and Cigarette Sales

    Netherlands Increases Fines for Illegal Vape and Cigarette Sales

    The outgoing Dutch government plans to sharply increase fines for the illegal sale of vapes and cigarettes starting July 1, 2026, pending parliamentary approval, Dutch News reported today. Under the proposal, first-time offenders will face a €2,040 fine, rising to €3,060 for a second offence. Large companies with over 50 employees could be fined €4,040.

    Caretaker Health Minister Judith Tielen said the move sends a strong warning: “Selling illegal vapes will cost you dearly, even for a first offence.” Illegal vape and cigarette sales remain widespread in the Netherlands, particularly online and in small shops, despite bans on sales to minors and flavored vapes

  • KT&G Reports Record Q3 Results, Raises Annual Outlook

    KT&G Reports Record Q3 Results, Raises Annual Outlook

    KT&G reported record-high third-quarter results, with revenue up 11.6% year-on-year to KRW 1.83 trillion ($1.3 billion) and operating profit rising 11.4% to KRW 465.3 billion ($321 million), the highest in five years. Strong global cigarette sales — up 24.9% — drove growth, while domestic and next-generation product sales remained solid, the company said.

    KT&G raised its annual revenue and profit guidance to double-digit growth and reaffirmed shareholder returns, including a KRW 6,000 ($4.14) minimum dividend per share and KRW 260 billion ($179 million) in stock buybacks.

    The company continues to move forward with plans to expand its nicotine pouch business through a joint acquisition of Another Snus Factory with Altria by year-end.

  • ASEAN Could Lose $11B to Illicit Tobacco Trade by 2028

    ASEAN Could Lose $11B to Illicit Tobacco Trade by 2028

    A policy brief by the Center for Market Education (CME) warns that Southeast Asian governments may lose more than $11 billion to illicit tobacco trade by 2028, averaging $3.7 billion annually.

    Key national losses include:

    • Malaysia: $770 million/year, nearly matching projected petrol subsidy savings.
    • Philippines: $440 million/year, exceeding its $370 million disaster preparedness fund.
    • Thailand: $560 million/year, with illicit products making up 28% of the market.
    • Indonesia: $5 billion lost across three years, with illicit trade above 10% of the market.

    CME notes these figures are conservative due to underreporting and uneven enforcement. CEO Dr. Carmelo Ferlito called for stronger cross-border collaboration, policy alignment, and transparency to reclaim lost revenue. Hayley van Loon, CEO of Crime Stoppers International, highlighted the link between illicit tobacco and organized crime, including narcotics, human trafficking, and counterfeit goods.

  • Illegal Tobacco Costs Australia Billions, Fuels Crime

    Illegal Tobacco Costs Australia Billions, Fuels Crime

    Australia’s illegal tobacco market has cost the government A$3.3 billion ($2.1 billion) in excise revenue, with organized crime controlling much of the trade, the Australian Criminal Intelligence Commission (ACIC) said in a report today (November 6). About one in five cigarettes sold is illicit, as high legal prices push consumers to cheaper alternatives, it said.

    The broader impact, including healthcare and productivity losses, totals A$4 billion ($2.6 billion) annually, with at least three deaths and 200 firebombings linked to “tobacco wars.” The ACIC said the A$4 billion estimate was “almost certainly an underestimate,” as it did not include e-cigarettes and illegal vapes.

    New South Wales Premier Chris Minns called for a federal review of excise rates, while Treasurer Jim Chalmers rejected lowering prices. Illicit tobacco is part of a growing A$82.3 billion ($53.5 billion) organized crime burden, alongside illegal vapes, according to the report.

  • Russia’s FSB Shuts Down Major Illegal Vape Supplier in Tula Region

    Russia’s FSB Shuts Down Major Illegal Vape Supplier in Tula Region

    Working in Russia’s Tula region, Federal Security Service (FSB) officers dismantled a large-scale operation in a warehouse containing counterfeit nicotine products worth over 500 million rubles ($6 million). Authorities said a 27-year-old resident organized the sale of unmarked electronic cigarettes, vapes, and liquids in violation of labeling laws. A criminal case has been opened against him for trafficking unmarked goods on a particularly large scale. The investigation continues to trace the supply network and distribution channels.