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PMI eyes use of Phl tobacco in smoke-free products
The Philippine Star
|April 16, 2024
Philip Morris International (PMI) plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate's factory.
"We're also thinking about starting using the Philippine tobacco in the smokefree products," Jacek Olczak, CEO of PMI, said on the sidelines of the inauguration of the expansion of PMFTC Inc.'s factory in Tanauan City, Batangas.
Olczak said the quality of the country's tobacco leaves are continuously "getting better and better." "They require even better quality, consistency, etc. But I believe the farmers, the tobacco growers in the Philippines can deliver on that quality," Olczak added.
PMFTC is a 50-50 partnership between PMI and Lucio Tan's Fortune Tobacco Corp.
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