Tags : philip morris

Philip Morris to close Dutch cigarette factory

Philip Morris International will shut down its manufacturing facility in Bergen op Zoom, the Netherlands, in response do declining demand for cigarettes in Europe. The closure of the plant in Bergen op Zoom, PMI’s largest production facility worldwide, would result in 1,230 job losses, about 90 percent of its total workforce there. Production will shift...Read More

Philip Morris embraces e-cigarettes

Philip Morris USA will launch an e-cigarette under the MarkTen brand in Indiana in August, reports The Wall Street Journal. MarkTen is a disposable e-cigarette but can be reused by buying a separate battery recharging kit and additional cartridges. Made in China by a contact manufacturer, the e-cigarette is expected to sell for about $9.50....Read More

PMI to webcast symposium presentation

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts of its remarks and question-and-answer session by CFO Jacek Olczak at the Goldman Sachs Consumer Products Symposium on May 14, starting about 9:05 a.m. Eastern Time. The webcast, which will be in listen-only mode, will provide live audio of the entire PMI session. An...Read More

Riley to replace Nelson as head of Philip Morris Fortune

Cigarette maker Philip Morris Fortune Tobacco Corp. will have a new president starting  May 1, taking the reins from Chris Nelson who is retiring effective on the same date. In an emailed statement, the company said Nelson will be succeeded by Paul Riley, another company veteran, as PMFTC president. “Chris has long expressed his desire to retire...Read More

Calantzopoulos new CEO of PMI

André Calantzopoulos has been appointed CEO of Philip Morris International. Calantzopoulos has served as PMI’s chief operating officer since the company’s spin-off in March 2008. Louis Camilleri, PMI’s previous CEO, will remain as chairman of the board and as an employee of the company. Since the spin-off, Camilleri and Calantzopoulos have worked closely together in their respective...Read More

Philip Morris Indonesia plans new factory

Philip Morris Indonesia plans to boost its production and export capacity, reports the Jakarta Globe. The company intends to build a new factory in West Java in 2013 that will produce non-clove cigarettes, especially Marlboros. Philip Morris Indonesia, which employs some 200 people at its existing factory in Bekasi, also in West Java, plans to...Read More

In the big league

A small manufacturer in Georgia pursues multinational standards. By Taco Tuinstra Nick Asanidze, managing director of the OGT tobacco company in Tbilisi, Georgia, is more than committed to product quality—he is passionate about it. Touring the factory with a foreign visitor, he ticks off the many stringent tests OGT cigarettes and packaging are subjected to:...Read More