Tag: product discriptors

  • Korea to ban product discriptors

    Cigarette makers in South Korea will be banned from using such words as light, low tar and pure on cigarette packaging from next year, reports The Korea Times.

    The Ministry of Strategy and Finance announced revised decrees on Sunday to forbid tobacco makers from using such misleading words on packages or in advertisements.

    The rules will go into effect on Jan. 22. Violators will face up to a year in jail or a fine of up to WON10 million.

    The rules also call for cigarette manufacturers to make low-ignition propensity cigarettes beginning July 22, 2015.

    Manufacturers who fail to produce fire-safe cigarettes after that date could have their licenses revoked.

  • Zimbabwe sales near to 2001 peak

    Zimbabwe sold nearly 190 million kg during the 2013–2014 season, surpassing the target of 180 million kg, reports New Zimbabwe, quoting the Tobacco Industry and Marketing Board (TIMB).

    Auction and contract sales fetched a combined $604.7 million.

    Although auction marketing is set to end soon, contract sales would continue until further notice, TIMB added.

    In 2013, 166 million kg of tobacco worth $616 million was sold.

    TIMB chief executive officer Andrew Matibiri said he hoped the remaining crop to be sold under the contract system would push production figures for 2014 to 200 million kg.

    If met, the target would be slightly lower than the country’s peak production of 231 million kg in 2001.

    China has been the largest buyer of Zimbabwean tobacco over the past years.