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<br /> GERMAN<br /> CIGARETTES<br /> LOOKING TO NEW MARKETS<br /> AS THE E.U. BECOMES<br /> INCREASINGLY COMPETITIVE<br /> PAGE 26<br /> IMPERIAL TOBACCO<br /> A strategy that works<br /> PAGE 14<br /> TOBACCO COOPERATIVES<br /> Working to shape the<br /> future of U.S. leaf<br /> PAGE 20<br /> REGULATIONS UPDATE<br /> New rules from<br /> around the world<br /> PAGE 34<br /> www.tobaccointernational.com<br /> The authority<br /> on the tobacco<br /> industry since 1886<br /> December 2011<br /> MOSCOW<br /> NOVEMBER<br /> 12–14, 2012TOB/<br /> INTERNATIONALIIIIIIIIIIIIIIIIIIIIIIIIIIII<br /> www.tobaccointernational.com<br /> The authority<br /> on the tobacco<br /> industry since 1886<br /> December 2011<br /> GERMAN<br /> CIGARETTES<br /> LOOKING TO NEW MARKETS<br /> AS THE E.U. BECOMES<br /> INCREASINGLY COMPETITIVE<br /> PAGE 26<br /> IMPERIAL TOBACCO<br /> A strategy that works<br /> PAGE 14<br /> TOBACCO COOPERATIVES<br /> Working to shap<a title="Tobacco International: December, 2011 page 1" href="http://catalog.proemags.com/publication/2602b1a9?page=1"> GERMAN CIGARETTES LOOKING TO NEW MARKETS AS THE E</a> <a title="Tobacco International: December, 2011 page 2" href="http://catalog.proemags.com/publication/2602b1a9?page=2"> HAUNI Gone with the wind Hi )SORT I When it c</a> <a title="Tobacco International: December, 2011 page 3" href="http://catalog.proemags.com/publication/2602b1a9?page=3"> 6th Floor, Jason Trade Centre, 39-A/1, Block 6, P</a> <a title="Tobacco International: December, 2011 page 4" href="http://catalog.proemags.com/publication/2602b1a9?page=4"> TI TABLE OF CONTENTS A LOCKWOOD PUBLICATION </a> <a title="Tobacco International: December, 2011 page 5" href="http://catalog.proemags.com/publication/2602b1a9?page=5"> Nano-S : Make it Yours </a> <a title="Tobacco International: December, 2011 page 6" href="http://catalog.proemags.com/publication/2602b1a9?page=6"> TI EDITORIAL Diversification is the Key In our </a> <a title="Tobacco International: December, 2011 page 7" href="http://catalog.proemags.com/publication/2602b1a9?page=7"> CHOICE, QUALITY AND VALUE Our diverse brand and </a> <a title="Tobacco International: December, 2011 page 8" href="http://catalog.proemags.com/publication/2602b1a9?page=8"> TI DIGEST A closer look at the ATN-DCM merger In</a> <a title="Tobacco International: December, 2011 page 9" href="http://catalog.proemags.com/publication/2602b1a9?page=9"> We believe in possibilities—and performance. De</a> <a title="Tobacco International: December, 2011 page 10" href="http://catalog.proemags.com/publication/2602b1a9?page=10"> Manufacturers NEWS Japan Tobacco's Indian JV cl</a> <a title="Tobacco International: December, 2011 page 11" href="http://catalog.proemags.com/publication/2602b1a9?page=11"> ENHANCED EMBOSSING DRESS UP YOUR BRAND The powe</a> <a title="Tobacco International: December, 2011 page 12" href="http://catalog.proemags.com/publication/2602b1a9?page=12"> Advertorial YES, WE CARE… for your business! </a> <a title="Tobacco International: December, 2011 page 13" href="http://catalog.proemags.com/publication/2602b1a9?page=13"> FUTURE MATTERS Thinking about tomorro</a> <a title="Tobacco International: December, 2011 page 14" href="http://catalog.proemags.com/publication/2602b1a9?page=14"> PROFILE STAFF REPORT 14 DECEMBER </a> <a title="Tobacco International: December, 2011 page 15" href="http://catalog.proemags.com/publication/2602b1a9?page=15"> The Imperial Strategy Utilizin</a> <a title="Tobacco International: December, 2011 page 16" href="http://catalog.proemags.com/publication/2602b1a9?page=16"> PROFILE Cigarette Market Shares 5%, impacted by</a> <a title="Tobacco International: December, 2011 page 17" href="http://catalog.proemags.com/publication/2602b1a9?page=17"> &DUERQ1HXWUDOL]HG :HORRNDIWHU WKHSODQHWZLWK WK</a> <a title="Tobacco International: December, 2011 page 18" href="http://catalog.proemags.com/publication/2602b1a9?page=18"> PROFILE and fine cut tobacco up 8%. Imperial's “t</a> <a title="Tobacco International: December, 2011 page 19" href="http://catalog.proemags.com/publication/2602b1a9?page=19"> Europe, 8% in Africa and the Middle East and 27% </a> <a title="Tobacco International: December, 2011 page 20" href="http://catalog.proemags.com/publication/2602b1a9?page=20"> LEAF BY CHRIS BICKERS </a> <a title="Tobacco International: December, 2011 page 21" href="http://catalog.proemags.com/publication/2602b1a9?page=21"> mailto:startobaccointernational@yahoo.comwww.star</a> <a title="Tobacco International: December, 2011 page 22" href="http://catalog.proemags.com/publication/2602b1a9?page=22"> LEAF Left: Burley may have been unprofitable fo</a> <a title="Tobacco International: December, 2011 page 23" href="http://catalog.proemags.com/publication/2602b1a9?page=23"> OUR EXPERTISE YOUR SUCCESS CAPTURE WHAT </a> <a title="Tobacco International: December, 2011 page 24" href="http://catalog.proemags.com/publication/2602b1a9?page=24"> LEAF in Springfield, and members of the coop- e</a> <a title="Tobacco International: December, 2011 page 25" href="http://catalog.proemags.com/publication/2602b1a9?page=25"> TRANSPARENCY [ is the physical property of allow</a> <a title="Tobacco International: December, 2011 page 26" href="http://catalog.proemags.com/publication/2602b1a9?page=26"> MARKET WATCH BY JOHN PARKER German Cigarette E</a> <a title="Tobacco International: December, 2011 page 27" href="http://catalog.proemags.com/publication/2602b1a9?page=27"> es of jobs for cigarette factory workers. T</a> <a title="Tobacco International: December, 2011 page 28" href="http://catalog.proemags.com/publication/2602b1a9?page=28"> MARKET WATCH 2004. The Helsinki wholesalers ser</a> <a title="Tobacco International: December, 2011 page 29" href="http://catalog.proemags.com/publication/2602b1a9?page=29"> Hail & Cotton and CdR it's the perfect blend. t </a> <a title="Tobacco International: December, 2011 page 30" href="http://catalog.proemags.com/publication/2602b1a9?page=30"> MARKET WATCH Germany: Cigarette Exports By Q </a> <a title="Tobacco International: December, 2011 page 31" href="http://catalog.proemags.com/publication/2602b1a9?page=31"> Adhesive & Flavour Application Systems </a> <a title="Tobacco International: December, 2011 page 32" href="http://catalog.proemags.com/publication/2602b1a9?page=32"> MARKET WATCH Germany: Imports Of Leaf Tobacco B</a> <a title="Tobacco International: December, 2011 page 33" href="http://catalog.proemags.com/publication/2602b1a9?page=33"> PDL Cigarette Papers stands for innovation, exper</a> <a title="Tobacco International: December, 2011 page 34" href="http://catalog.proemags.com/publication/2602b1a9?page=34"> STAFF REPORT Roger Penn, a common sight </a> <a title="Tobacco International: December, 2011 page 35" href="http://catalog.proemags.com/publication/2602b1a9?page=35"> You may You ma</a> <a title="Tobacco International: December, 2011 page 36" href="http://catalog.proemags.com/publication/2602b1a9?page=36"> REGULATIONS Who gave all these depositions? It wa</a> <a title="Tobacco International: December, 2011 page 37" href="http://catalog.proemags.com/publication/2602b1a9?page=37"> Now Digital! The most cutting-edge tobacco-relat</a> <a title="Tobacco International: December, 2011 page 38" href="http://catalog.proemags.com/publication/2602b1a9?page=38"> MARKET WATCH BY JOHN PARKER </a> <a title="Tobacco International: December, 2011 page 39" href="http://catalog.proemags.com/publication/2602b1a9?page=39"> $396 mn in 2009, then dropped back to 15.9 bn pie</a> <a title="Tobacco International: December, 2011 page 40" href="http://catalog.proemags.com/publication/2602b1a9?page=40"> MARKET WATCH Czech Republic: Cigarette Exports </a> <a title="Tobacco International: December, 2011 page 41" href="http://catalog.proemags.com/publication/2602b1a9?page=41"> Universal Leaf Tobacco Company, Inc. ^ www.un</a> <a title="Tobacco International: December, 2011 page 42" href="http://catalog.proemags.com/publication/2602b1a9?page=42"> Factory FOCUS Cerulean laun</a> <a title="Tobacco International: December, 2011 page 43" href="http://catalog.proemags.com/publication/2602b1a9?page=43"> Filtrona RYO sensation filter tip Filtrona Filter</a> <a title="Tobacco International: December, 2011 page 44" href="http://catalog.proemags.com/publication/2602b1a9?page=44"> Factory FOCUS SPI's Integrated PVA pump contro</a> <a title="Tobacco International: December, 2011 page 45" href="http://catalog.proemags.com/publication/2602b1a9?page=45"> Total LandCare Supporting TLC's efforts in East </a> <a title="Tobacco International: December, 2011 page 46" href="http://catalog.proemags.com/publication/2602b1a9?page=46"> Advertiser INDEX Dates to Remember APRIL 1</a> <a title="Tobacco International: December, 2011 page 47" href="http://catalog.proemags.com/publication/2602b1a9?page=47"> G.D X6 Perfect fit flexibility. </a> <a title="Tobacco International: December, 2011 page 48" href="http://catalog.proemags.com/publication/2602b1a9?page=48"> BOBST WEB-FED SOLUTIONS We </a>