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  • Sweden Swedish MEP calls overregulation dangerous as pouch taxes to increase in EU ...
  • Estonia Minister calls for stronger enforcement of online nicotine product sales ...
  • Taiwan Reminder that bringing heated tobacco products into the country is illegal ...
  • Spain Calls for neutral packaging and higher prices on tobacco and related products ...
  • Austria Ruling on responsibility for illicit flavour references on tobacco packaging ...
  • Alabama - United States New law prohibits vending machine sales of tobacco and alternative products ...
  • Italy List of authorised heated tobacco products updated ...
  • Lithuania Proposal approved on tobacco product notification fees and other requirements ...
  • Finland Tobacco Act amendment to regulate pouches passes second parliamentary reading ...
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  • Taiwan Legislative Yuan discusses enforcement of tobacco act ...
  • Russia Ministry publishes draft law on tobacco and nicotine licensing ...
News analysis

Iluma to the fore as PMI builds up a head of steam towards its smoke-free future

Written by || 25th July 2023 || News analysis | Heated tobacco | Major brands | Modern oral | GeographiesAsia Japan North America United States

Philip Morris International (PMI) reported strong momentum over the first half of the year, driven by Iqos growth and the good performance of Swedish Match, itself fuelled by the growth of its nicotine pouch Zyn in the US, accelerating the company’s transition to a smokeless future.

“As we look to the longer term, we are complementing our smoke-free transformation with the further development of our wellness and healthcare business. While we have experienced some initial headwinds, we remain committed to wellness and healthcare, with a focused strategy on several attractive growth opportunities,” CEO Jacek Olczak said.

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Antonia Di Lorenzo

Newsdesk editor/EU lead reporter
Antonia is a member of the editorial team and holds a masters degree in Law from the University of Naples Federico II, Italy. She moved in 2013 to London, where she completed a postgraduate course at the London School of Journalism. In the UK, she worked as a news reporter for a financial newswire and a magazine before moving to Barcelona in 2019.

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