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A review of the week's hot news in the global e-cigarette industry

A review of the week's hot news in the global e-cigarette industry

2022-10-24

1. Hong Kong is considering resuming the e-cigarette re-export trade


Senior officials in the Hong Kong Special Administrative Region are considering revising the ban to allow new tobacco products such as e-cigarettes and heated cigarettes to be re-exported through Hong Kong by land and sea, given the economic value of re-exports, an insider said recently.


On April 30 this year, Hong Kong implemented a ban on the sale, manufacture, import and promotion of e-cigarettes, as well as the transfer of new tobacco products by truck or ship overseas through Hong Kong. Before the ban, Hong Kong was the main transshipment point for the export of e-cigarette products.




2. Wuround Technology filed an objection application for not obtaining the production license of e-cigarettes for domestic sale


On October 19, Shenzhen Wuround Science and Technology Co., Ltd. announced that the company attaches great importance to and actively organizes the application for the tobacco monopoly production enterprise license, because the company's domestic products during the transition period did not pass the review, the company has not obtained the tobacco monopoly production enterprise license.


Notice said, the company has put forward the objection application, the company does not apply for the domestic sales license scope, only apply for the export license scope, will continue to apply for the domestic sales license scope.




3. Byd discloses the appearance patent of e-cigarette box


Recently, BYD Precision Manufacturing Co., LTD. 's "e-cigarette box" design patent has been authorized.


The patent summary shows that the product name of this design is electronic cigarette box. The product of this appearance design is used as a special storage box for e-cigarettes. The design point of this product lies in the shape of the product. At the same time, BYD Precision Manufacturing has obtained hundreds of patent licenses related to e-cigarettes.




4. COEE Yi obtained the e-cigarette manufacturing enterprise license


Recently, COEE Keyi, a well-known domestic brand of electronic atomization, has been issued a Tobacco Monopoly Production Enterprise License by the State Tobacco Monopoly Administration. The license scope is held by the brand (domestic sales and export). In the official announcement released by COEE, it also mentioned that it is continuing to promote the research and development of products that meet the national standards of e-cigarettes, and several products have passed the technical review.




5. 2022 IECIE E-Cigarette Exhibition was held in Jakarta, Indonesia


On October 20, 2022, the 2022 IECIE International Electronic Atomization Industry Expo, co-organized by Infulman Group's Berm Creative Exhibition (Shenzhen) Co., Ltd. and PT Pamerinda Indonesia, was officially opened at the International Convention and Exhibition Center in Jakarta, Indonesia. It is reported that more than 300 international brands participated in this exhibition.




6. The UK government released the latest report on e-cigarettes to further verify the harmreducing potential of e-cigarettes


The latest independent report on e-cigarettes, Nicotine e-cigarettes in England: Evidence Update 2022, has been published on the UK government website. The report, commissioned by Public Health England and led by academics from King's College London and a group of international collaborators, is the most comprehensive to date.


Data from the report showed that e-cigarette users had significantly lower biomarkers of exposure to toxicants associated with cancer, respiratory and cardiovascular diseases than cigarette users, further confirming the harmreduction potential of e-cigarettes. The success rate of e-cigarettes was 64.9 percent, the highest among all smoking cessation methods, the report said.




7. India seized illegal e-cigarettes worth INR 480 million


New Delhi: The Revenue Intelligence Directorate has seized illegal e-cigarettes worth Rs 480 million from Mundra Port. This is the second case of e-cigarette smuggling recently seized by the agency, after a shipment worth 200 million Indian rupees was seized on September 4. Since 2019, India has banned the manufacture, import, export, advertising, marketing and distribution of e-cigarettes.




8. Altria reaches $2.7 billion deal with Famo International


Altria Group Inc. said Wednesday that its subsidiary has reached a $2.7 billion agreement with a unit of Marlboro maker Philip Morris International Inc. to sell the U.S. rights to commercialize its IQOS heated tobacco products. It has received a payment of $1 billion from Fomo International and will receive an additional payment of $1.7 billion by July 2023.




9. Juul, the e-cigarette company, is preparing to file for bankruptcy


Juul, the onetime US e-cigarette giant, is preparing to file for bankruptcy as it struggles with heavy regulation. If the ban isn't fully reversed, Juul will soon begin discussions with lenders about financing, which would put Juul on the path to a potential Chapter 11 filing, according to people familiar with the matter.


However, a Juul spokesman said plans could change as preparations are not yet complete and the company is still considering other avenues.




10. The UK's e-cigarette industry association has called on the government to rethink restrictions on e-cigarette advertising


The UK's e-cigarette trade association has called on the government to rethink restrictions on the advertising of electronic cigarettes. The association's survey of consumers, government authorities and public health agencies showed that there was no majority support for measures to limit e-cigarette advertising, and that opinions on e-cigarette regulations remained divided.


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