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Published 16 days ago

PMFTC to source $120M worth of tobacco from PH farmers

Summary by Inquirer

TANAUAN CITY — Cigarette manufacturer PMFTC Inc., the local affiliate of US-based Philip Morris International (PMI), wants to purchase more than $120 million (P6.8 billion) worth of locally produced tobacco this year. PMI CEO Jacek Olczak said the company was considering utilizing tobacco cultivated in the Philippines for traditional cigarette and smoke-free products. Olczak said

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PMFTC to source $120M worth of tobacco from PH farmers

TANAUAN CITY — Cigarette manufacturer PMFTC Inc., the local affiliate of US-based Philip Morris International (PMI), wants to purchase more than $120 million (P6.8 billion) worth of locally produced tobacco this year. PMI CEO Jacek Olczak said the company was considering utilizing tobacco cultivated in the Philippines for traditional cigarette and smoke-free products. Olczak said

16 days ago·Manila, Philippines

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