If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> ·RUSSIACOPES:ILLICIT<br /> TRADE AND PROMISES<br /> OF HIGHER TAXES<br /> www.tobaccointernational.com<br /> The authority<br /> on the tobacco<br /> industry since 1886<br /> September 2014<br /> PMI WORLD<br /> MORNINGSTAR ANALYST PHIL<br /> GORHAM FOCUSES ON THE MAJOR<br /> ·OP-ED:ISCHINA ·VAPINGSURVIVORS<br /> DRIVING CUBA'S ADAPT AND CHANGE<br /> NEW GROWTH? WITH THE MARKET<br /> 2 TOBACCO INTERNATIONAL SEPTEMBER 2014<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> ISSN 0049-3945 (Print) ISSN 2331-8481 (Online)<br /> TI TABLE OF CONTENTS<br /> SEPTEMBER 2014<br /> A LOCKWOOD PUBLICATION<br /> EDITOR-IN-CHIEF<br /> Murdoch McBride<br /> ART DIRECTOR<br /> Lily Lee<br /> ASSISTANT ART DIRECTOR<br /> YiLing Yen<br /> PRODUCTION COORDINATOR<br /> Melinda Ayala<br /> PREPRESS COORDINATOR<br /> Christopher Alston<br /> Correspondents<br /> AFRICA<br /> Egypt <a title="TI: Sepember '14 page 1" href="http://catalog.proemags.com/publication/a16db72f?page=1"> ·RUSSIACOPES:ILLICIT TRADE AND PROMISES O</a> <a title="TI: Sepember '14 page 2" href="http://catalog.proemags.com/publication/a16db72f?page=2"> 2 TOBACCO INTERNATIONAL SEPTEMBER 2014</a> <a title="TI: Sepember '14 page 3" href="http://catalog.proemags.com/publication/a16db72f?page=3"> </a> <a title="TI: Sepember '14 page 4" href="http://catalog.proemags.com/publication/a16db72f?page=4"> </a> <a title="TI: Sepember '14 page 5" href="http://catalog.proemags.com/publication/a16db72f?page=5"> </a> <a title="TI: Sepember '14 page 6" href="http://catalog.proemags.com/publication/a16db72f?page=6"> </a> <a title="TI: Sepember '14 page 7" href="http://catalog.proemags.com/publication/a16db72f?page=7"> </a> <a title="TI: Sepember '14 page 8" href="http://catalog.proemags.com/publication/a16db72f?page=8"> </a> <a title="TI: Sepember '14 page 9" href="http://catalog.proemags.com/publication/a16db72f?page=9"> </a> <a title="TI: Sepember '14 page 10" href="http://catalog.proemags.com/publication/a16db72f?page=10"> ISSN 0049-3945 (Print) ISSN 2331-8481 (Online) T</a> <a title="TI: Sepember '14 page 11" href="http://catalog.proemags.com/publication/a16db72f?page=11"> </a> <a title="TI: Sepember '14 page 12" href="http://catalog.proemags.com/publication/a16db72f?page=12"> TI EDITORIAL Inside this issue of TI… We have sev</a> <a title="TI: Sepember '14 page 13" href="http://catalog.proemags.com/publication/a16db72f?page=13"> </a> <a title="TI: Sepember '14 page 14" href="http://catalog.proemags.com/publication/a16db72f?page=14"> TI DIGEST Pictured (top and bottom): An early 201</a> <a title="TI: Sepember '14 page 15" href="http://catalog.proemags.com/publication/a16db72f?page=15"> </a> <a title="TI: Sepember '14 page 16" href="http://catalog.proemags.com/publication/a16db72f?page=16"> TI DIGEST INDONESIA Star Tobacco Opens Indonesian</a> <a title="TI: Sepember '14 page 17" href="http://catalog.proemags.com/publication/a16db72f?page=17"> www.universalcorp.com </a> <a title="TI: Sepember '14 page 18" href="http://catalog.proemags.com/publication/a16db72f?page=18"> TI DIGEST and late harvest, the crops are fadin</a> <a title="TI: Sepember '14 page 19" href="http://catalog.proemags.com/publication/a16db72f?page=19"> have played in the program: They have traditional</a> <a title="TI: Sepember '14 page 20" href="http://catalog.proemags.com/publication/a16db72f?page=20"> FOCUSING ON PHILIP MORRIS INTERNATIONAL </a> <a title="TI: Sepember '14 page 21" href="http://catalog.proemags.com/publication/a16db72f?page=21"> Philip Morris International: A Market Leader in C</a> <a title="TI: Sepember '14 page 22" href="http://catalog.proemags.com/publication/a16db72f?page=22"> FOCUSING ON PHILIP MORRIS INTERNATIONAL that volu</a> <a title="TI: Sepember '14 page 23" href="http://catalog.proemags.com/publication/a16db72f?page=23"> </a> <a title="TI: Sepember '14 page 24" href="http://catalog.proemags.com/publication/a16db72f?page=24"> U.S. GOVERNMENT SEEKS STANDARD E-CIG TEST MODEL U</a> <a title="TI: Sepember '14 page 25" href="http://catalog.proemags.com/publication/a16db72f?page=25"> TSAL 360OWorldofTobacco www.tsal.biz “Presen</a> <a title="TI: Sepember '14 page 26" href="http://catalog.proemags.com/publication/a16db72f?page=26"> U.S. GOVERNMENT SEEKS STANDARD E-CIG TEST MODEL </a> <a title="TI: Sepember '14 page 27" href="http://catalog.proemags.com/publication/a16db72f?page=27"> </a> <a title="TI: Sepember '14 page 28" href="http://catalog.proemags.com/publication/a16db72f?page=28"> U.S. GOVERNMENT SEEKS STANDARD E-CIG TEST MODEL T</a> <a title="TI: Sepember '14 page 29" href="http://catalog.proemags.com/publication/a16db72f?page=29"> </a> <a title="TI: Sepember '14 page 30" href="http://catalog.proemags.com/publication/a16db72f?page=30"> VAPING: THE FITTEST ALWAYS ADAPT AND CHANGE From </a> <a title="TI: Sepember '14 page 31" href="http://catalog.proemags.com/publication/a16db72f?page=31"> Top quality filter rods for the cigarette industr</a> <a title="TI: Sepember '14 page 32" href="http://catalog.proemags.com/publication/a16db72f?page=32"> VAPING: THE FITTEST ALWAYS ADAPT AND CHANGE fill</a> <a title="TI: Sepember '14 page 33" href="http://catalog.proemags.com/publication/a16db72f?page=33"> shops are cropping up everywhere, but for every f</a> <a title="TI: Sepember '14 page 34" href="http://catalog.proemags.com/publication/a16db72f?page=34"> CAPTIVATING CAPSULES Es</a> <a title="TI: Sepember '14 page 35" href="http://catalog.proemags.com/publication/a16db72f?page=35"> www.burleytobacco.com</a> <a title="TI: Sepember '14 page 36" href="http://catalog.proemags.com/publication/a16db72f?page=36"> CAPTIVATING CAPSULES tion, if and when they want </a> <a title="TI: Sepember '14 page 37" href="http://catalog.proemags.com/publication/a16db72f?page=37"> </a> <a title="TI: Sepember '14 page 38" href="http://catalog.proemags.com/publication/a16db72f?page=38"> RUSSIA COPES: HIGH TAXES AND ILLICIT TRADE Global</a> <a title="TI: Sepember '14 page 39" href="http://catalog.proemags.com/publication/a16db72f?page=39"> ENHANCED EMBOSSING DRESS UP YOUR BRAND The powe</a> <a title="TI: Sepember '14 page 40" href="http://catalog.proemags.com/publication/a16db72f?page=40"> RUSSIA COPES: HIGH TAXES AND ILLICIT TRADE eight </a> <a title="TI: Sepember '14 page 41" href="http://catalog.proemags.com/publication/a16db72f?page=41"> NANO-8: The NANO cigarette maker for 8,200 cpm </a> <a title="TI: Sepember '14 page 42" href="http://catalog.proemags.com/publication/a16db72f?page=42"> POLITICALLY INCORRECT OP-ED: WILL CHINA DRIVE CUB</a> <a title="TI: Sepember '14 page 43" href="http://catalog.proemags.com/publication/a16db72f?page=43"> For Cuba, Chinese Cigars May Boost Tobacco Trade </a> <a title="TI: Sepember '14 page 44" href="http://catalog.proemags.com/publication/a16db72f?page=44"> POLITICALLY INCORRECT OP-ED: WILL CHINA DRIVE CUB</a> <a title="TI: Sepember '14 page 45" href="http://catalog.proemags.com/publication/a16db72f?page=45"> Designed for flexibility, with innovation </a> <a title="TI: Sepember '14 page 46" href="http://catalog.proemags.com/publication/a16db72f?page=46"> MANUFACTURERS NEWS UNITED STATES Analysts: Japan </a> <a title="TI: Sepember '14 page 47" href="http://catalog.proemags.com/publication/a16db72f?page=47"> mailto:info@startobacco.biz </a> <a title="TI: Sepember '14 page 48" href="http://catalog.proemags.com/publication/a16db72f?page=48"> MANUFACTURERS NEWS Wiesehan. “Trillions of cigare</a> <a title="TI: Sepember '14 page 49" href="http://catalog.proemags.com/publication/a16db72f?page=49"> Established in 1886, Tobacco International has ga</a> <a title="TI: Sepember '14 page 50" href="http://catalog.proemags.com/publication/a16db72f?page=50"> 50 TOBACCO INTERNATIONAL SEPTEMBER 2014</a> <a title="TI: Sepember '14 page 51" href="http://catalog.proemags.com/publication/a16db72f?page=51"> SEPTEMBER 2014 TOBACCO INTERNATIONAL 51</a> <a title="TI: Sepember '14 page 52" href="http://catalog.proemags.com/publication/a16db72f?page=52"> 52 TOBACCO INTERNATIONAL SEPTEMBER 2014</a> <a title="TI: Sepember '14 page 53" href="http://catalog.proemags.com/publication/a16db72f?page=53"> SEPTEMBER 2014 TOBACCO INTERNATIONAL 53</a> <a title="TI: Sepember '14 page 54" href="http://catalog.proemags.com/publication/a16db72f?page=54"> TOBACCO INTERNATIONAL'S CALENDAR OF EVENTS Aug 1 </a> <a title="TI: Sepember '14 page 55" href="http://catalog.proemags.com/publication/a16db72f?page=55"> </a> <a title="TI: Sepember '14 page 56" href="http://catalog.proemags.com/publication/a16db72f?page=56"> LEMANIC® DELTA OUR INTEGRATED BOBST Web-Fed </a>