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Daily News on Vape Industry September 15th, 2023


1. Industry estimates published by Dortmund’s Tobacco Freedom Alliance (BFTG) indicate that disposable vapes account for 30% of the German vape market, a decrease of 10 percentage points from 2022.

2. Korean Tobacco (KT&G) plans to issue unsecured senior corporate bonds with a total value of 300 billion won, and plans to use the funds raised to purchase factory sites in Kazakhstan and Indonesia.

3. British American Tobacco announced the latest progress of its Russian business on its official website, stating that the sale of its Russian and Belarusian businesses has been completed.

4. Philip Morris International launched the replaceable pod system vape VEEV One at Dubai Duty Free, and also displayed the heated tobacco product IQOS Iluma and the oral smokeless product Zyn.

5. A new survey in Thailand shows that the vast majority of parents and teachers support the government’s ban on sales to deal with the threat of vapes.

6. Philip Morris International Korea has launched IQOS ILUMA’s exclusive sticks “TEREA Oasis Pearl” and “TEREA Sun Pearl”, both of which are explosive bead sticks.

7. The British government is considering banning disposable vapes to reduce underage smoking. British electronics distributor Supreme PLC said no new legislation would be implemented before formal government consultation.