- At the 5th Atomizer Industry Chain Exhibition held on August 28, a number of nicotine bag equipment manufacturers displayed their products and revealed that market demand has surged and equipment sales have increased significantly since last year. A leading nicotine bag equipment manufacturer has sold more than 300 units.
- Philip Morris International announced that it will invest US$232 million to expand its nicotine bag production plant in Owensboro, Kentucky, USA. The plant is expected to provide a production capacity of approximately 900 million cans in 2025.
- In the patent infringement lawsuit filed by JUULLabs, the administrative judge issued a notice supporting the allegations made by JUUL in the lawsuit and recommended the adoption of an exclusion order to prohibit the import of NJOYACE products into the United States. Altria and NJOY respect but disagree with the preliminary ruling.
- China Tobacco Hong Kong announced its 2024 interim results report. During the period, the company’s revenue reached HK$8.704 billion, a year-on-year increase of 12%; the profit attributable to the company’s equity holders was HK$643 million, a year-on-year increase of 41%.
- The South Australian Government today introduced new legal proposals to state parliament aimed at imposing the toughest penalties in the country for illegal tobacco and vapesales, as part of the government’s crackdown on the illegal tobacco and vapemarkets and crimes against children.