Latest news with #HEETS
Daily News Egypt
19 hours ago
- Business
- Daily News Egypt
Philip Morris Misr announces new price list effective 1 July
Philip Morris Misr has announced updated prices for its full range of tobacco products, including its heated tobacco lines HEETS and TEREA, as well as conventional cigarettes under the Merit, Marlboro, and L&M brands, effective from 1 July 2025. The company affirmed that the new pricing is transparently communicated to adult smokers and nicotine users through QR codes printed on cigarette and heated tobacco packaging—an initiative launched in 2022 to ensure price transparency. Ali Nevzat Karman, Managing Director of Philip Morris Egypt and Levant, stated: 'Philip Morris Misr continues to work diligently to meet the needs of adult smokers and nicotine users in the Egyptian market, while supporting the company's ambitious vision of a smoke-free future.' The updated retail prices (per pack) are as follows: Merit (all variants): EGP 105 Marlboro (all variants): EGP 97 Marlboro Crafted (all variants): EGP 79 L&M (all variants): EGP 76 TEREA (all variants): EGP 76 TEREA Capsules (all variants): EGP 80 HEETS (all variants): EGP 69 Philip Morris Misr has called on retailers and distributors across the country to adhere strictly to the newly declared prices. Philip Morris International (PMI), the parent company of Philip Morris Misr, is a leading global consumer goods firm focused on delivering a smoke-free future. The company is transforming its portfolio to include a growing range of smoke-free alternatives, as well as exploring products beyond the tobacco and nicotine sectors. As of 31 December 2024, PMI's smoke-free products were available in 95 markets and used by an estimated 38.6 million adult consumers worldwide. Smoke-free products accounted for 42% of the company's total net revenues in the first quarter of 2025.
Al-Ahram Weekly
a day ago
- Business
- Al-Ahram Weekly
Philip Morris Egypt raises cigarette, heated tobacco prices - Society
Philip Morris Egypt has released a new price list for its full range of tobacco products, including traditional cigarettes under the Merit, Marlboro, and L&M brands and heated tobacco products such as HEETS and TEREA. The company confirmed that the updated prices are displayed on product packaging through a QR code, a system introduced in 2022 across both cigarette packs and heated tobacco sticks. The announcement comes just days after the Egyptian parliament approved limited amendments to the value-added tax (VAT) law. Ali Nafzat Kerman, Managing Director of Philip Morris Egypt and the Levant, said the company remains committed to addressing the needs of adult smokers and nicotine users in Egypt while also supporting its broader vision of a smoke-free future. The new official prices are as follows: Merit packs are priced at EGP 105, Marlboro at EGP 97, Marlboro Crafted at EGP 79, and L&M at EGP 76. For heated tobacco products, TEREA packs are listed at EGP 76, TEREA Capsules at EGP 80, and HEETS at EGP 69. Philip Morris Egypt urged retailers and distributors to adhere strictly to the announced prices. The company's parent, Philip Morris International, produces a mix of traditional tobacco products and smoke-free alternatives, including heat-not-burn devices, nicotine pouches, and e-vapor products. In May 2024, Philip Morris International acquired a 14.7 percent indirect minority stake in Eastern Company, Egypt's largest cigarette manufacturer. Follow us on: Facebook Instagram Whatsapp Short link:
Business Wire
05-05-2025
- Business
- Business Wire
PMI U.S. Hosts Clinic on Legal Support for Veterans
WASHINGTON--(BUSINESS WIRE)--On Friday, May 2, 2025, PMI U.S. hosted experts from the University of Florida Levin College of Law, the Rocky Mountain Veterans Advocacy Project in Colorado and the University of Arizona James E. Rogers College of Law. Panelists shared their practice experience, case studies and policy recommendations to help address common challenges that military families face. With support from PMI U.S. funding, lawyers and law students from the clinics offer individualized guidance to veterans on navigating complex issues, such as completing Department of Veterans Affairs (VA) benefit applications and accessing resources like mental health services. Case studies covered: How insights from an individual case in Florida led to new national policies, practices and legislative proposals. Expanding outreach to Navajo Nation veterans in Colorado and improving access to benefits through legal and mental health evaluations. Increasing access and legal assistance for Arizona veterans in rural and Tribal areas. PMI U.S. contributions in 2024 and 2025 will provide nearly $1 million in funding to veterans' advocacy law clinics to help veterans and their families access the benefits they've earned. About PMI U.S. Philip Morris International Inc. is headquartered in Stamford, Connecticut, and its U.S. affiliates (collectively, 'PMI U.S.') employ more than 2,500 people. PMI U.S. is on a mission to improve public health by providing the 45 million nicotine consumers in the U.S. — 30 million of which still smoke traditional cigarettes — with better alternatives. Since 2008, PMI has invested more than $14 billion globally to develop and commercialize FDA-authorized smoke-free products for legal-age nicotine consumers. PMI U.S. operates smoke-free product manufacturing facilities, including Swedish Match North America's Owensboro, Kentucky plant that makes ZYN nicotine pouches and Triaga's facility in Wilson, North Carolina, that produces HEETS as part of the IQOS heated tobacco system. Swedish Match North America has a regional office in Richmond, Virginia. U.S. marketing practices support 21+ access only PMI U.S. is committed to responsible marketing practices focused on limiting access to adults 21 years of age and older. PMI U.S. does not use social media influencers in the U.S. or people under the age of 35 — or who appear to be under the age of 35 — in marketing materials. PMI U.S. also employs independent age-verification systems, such as Double Verify, to direct digital advertising to those over 21, and owned digital platforms are age-gated at the point of access and restricted to current nicotine consumers who are 21+. Swedish Match North America is a Manufacturer Advisory Council member of the We Card Program, a national nonprofit serving retailers of age-restricted products. PMI is also a founding board member and investor in TruAge®, a free retail technology that provides stores with a more accurate method of age verification, including the ability to better detect fake IDs, to ensure access is limited to those 21+. U.S. mission to improve public health through smoke-free products Because adult nicotine consumer preferences differ, PMI U.S. is working to offer a range of smoke-free options for adults 21+. Since 2008, PMI has invested over $14 billion to develop, scientifically substantiate and commercialize innovative smoke-free products. In 2022, PMI acquired Swedish Match — a leader in oral nicotine delivery — creating a global smoke-free champion led by the ZYN and IQOS brands. IQOS is authorized by the FDA as a modified risk tobacco product, meaning the FDA has found it appropriate for the promotion of public health. Although IQOS heatsticks are not risk-free and contain nicotine, which is addictive, studies show that because the device heats tobacco instead of burning it, it significantly reduces the production of and exposure to harmful chemicals compared to conventional cigarettes for adults who smoke and who switch to IQOS completely. In 2025, the FDA authorized all 20 Swedish Match ZYN nicotine pouch products currently sold in the U.S., making ZYN the only FDA-authorized nicotine pouch on the market to help adults who use cigarettes or traditional tobacco products completely switch. The FDA has authorized Swedish Match's General snus as a modified risk tobacco product. Currently, PMI U.S. holds more than 80 percent of modified risk tobacco product authorizations and more than 45 percent of premarket tobacco product authorizations. Commitment to corporate social responsibility PMI U.S. has contributed approximately $25 million to charitable causes since 2022, amplifying the good work of organizations already active within communities through both financial contributions and volunteering. PMI U.S.'s philanthropy efforts include supporting military veterans and military spouses, disaster prevention and relief and grassroots economic development. PMI U.S. helped form United to Safeguard America from Illegal Trade, a coalition of nearly 100 national and state brand enforcement experts, law enforcement agencies, academics and leading business organizations working to combat illegal trade. USA-IT has trained more than 36,000 law enforcement officials. For more information, please visit and 'PMI' refers to the Philip Morris International family of companies. 'PMI U.S.', 'we', 'our', and 'us' refer to PMI's U.S. businesses.
