- In December 2023, China exported approximately US$5.97 million of vapesto Croatia, a decrease of 57.49% from the previous month and a decrease of 63.02% from the same period last year; the export volume was approximately 96 tons, a decrease of 44.09% from the previous month and a decrease of 47.21% from the same period last year.
- The British government announced a draft regulation and plans to completely ban the sale of disposable vapesstarting in April 2025. The regulations state that violators face fines of up to £200 and possible imprisonment.
- British American Tobacco has opened an innovation center at its global research and development (R&D) headquarters in Southampton. The £30 million center provides nine specially designed technical spaces to help develop BAT’s portfolio of low-risk products.
- 4. British American Tobacco is considering selling part of its stake in Indian ITC Company through block transactions on the market. Preliminary estimates put the value of the stake at between $2 billion and $3 billion.
- A survey by the British VapeIndustry Association shows that although the vape industry is facing environmental pressure, there are serious insufficient facilities for handling vapewaste in public facilities. Only 60% of responding agencies stated that they provide vape waste disposal services at citizen convenience stations or designated collection facilities, and only 10% of agencies have set up vape waste recycling bins in public places.
- Imperial Brands has launched the second phase of a £1.1 billion buyback plan. In addition to the £550 million it has already completed, it will buy back up to £550 million of shares by the end of October.