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Tag: Philip Morris

  • Anger Over Subsidies for Dutch Cig Factory

    Anger Over Subsidies for Dutch Cig Factory

    Image: Tobacco Reporter archive

    Members of Parliament are angry that Philip Morris received a €268,000 ($296,059) subsidy from the Dutch government in 2021, reports Dutch News.

    The subsidy was to help Philip Morris’ Bergen op Zoom factory, which produces components for tobacco-based cigarettes and electronic cigarettes, become more sustainable. The money came from the economic affairs ministry’s fund to help companies cut carbon dioxide emissions.

    “This is an example of why we want tough rules for these sorts of factories,” said GroenLinks Member of Parliament Suzanne Kroeger.

    “It is absurd that we are making money available to make factories we want to see closed down more sustainable.”

    Philip Morris refunded the money later that year after deciding not to carry out the work.

  • Egypt: PM Cigarette Prices Increase

    Egypt: PM Cigarette Prices Increase

    Image: Tobacco Reporter archive

    Prices of 10 types of Philip Morris cigarettes have been raised in Egypt, the Tobacco Division of the Chamber of Commerce announced. The increase went into effect April 6, according to the Egypt Independent.  

    The increase is attributed to the rise in U.S. dollar price against the Egyptian pound. Ibrahim Imbaby, head of the Tobacco Division at the Chamber of Food Industries with the Federation of Egyptian Industries, confirmed that Philip Morris raised prices as a result of the decline in hard currency management and the rise in production costs.