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<br /> TOBAC<br /> INTERNATIONALIIIIIIIIIIIIIIIIIIIIIIIIIIII<br /> www.tobaccointernational.com<br /> The authority<br /> on the tobacco<br /> industry since 1886<br /> December 2010<br /> > GERMANY<br /> Facing Increasing<br /> Competition<br /> > IMPERIAL<br /> Succesfully<br /> Adapting to the<br /> New Market<br /> > UNIVERSAL<br /> Reinvesting in<br /> Tobacco Farmers<br /> FLAVOR'S<br /> FUTURE<br /> What New Regulations Will<br /> Mean for the Industry<br /> <br /> And the winner is: you!<br /> MERLIN multifilter.<br /> 100% generation M =<br /> 95.5% average efficiency.<br /> When tests prove a Hauni maker to be top in efficiency,<br /> quality and output, the customer is always the outright<br /> winner. MERLIN, the M-generation's multifilter maker, is a<br /> prime example: in 35 twelve-hour shifts, it produced filters<br /> with two and three segments at an average efficiency of<br /> 95.5%. In three of those shifts, MERLIN even performed at<br /<a title="Tobacco International: December, 2010 page 1" href="http://catalog.proemags.com/publication/fc4af2b9?page=1"> TOBAC INTERNATIONALIIIIIIIIIIIIIIIIIIIIIIIIIIII </a> <a title="Tobacco International: December, 2010 page 2" href="http://catalog.proemags.com/publication/fc4af2b9?page=2"> And the winner is: you! ME</a> <a title="Tobacco International: December, 2010 page 3" href="http://catalog.proemags.com/publication/fc4af2b9?page=3"> 6th Floor, Jason Trade Centre, 39-A/1, Block 6, P</a> <a title="Tobacco International: December, 2010 page 4" href="http://catalog.proemags.com/publication/fc4af2b9?page=4"> TI TABLE OF CONTENTS A LOCKWOOD PUBLICATION </a> <a title="Tobacco International: December, 2010 page 5" href="http://catalog.proemags.com/publication/fc4af2b9?page=5"> CHOICE, QUALITY AND VALUE Our diverse brand and </a> <a title="Tobacco International: December, 2010 page 6" href="http://catalog.proemags.com/publication/fc4af2b9?page=6"> TI EDITORIAL PUBLISHER Frederick A. Lockwood </a> <a title="Tobacco International: December, 2010 page 7" href="http://catalog.proemags.com/publication/fc4af2b9?page=7"> yW/ce the vrffzrvw& Gftmir SUSTAINABLETOUCH We </a> <a title="Tobacco International: December, 2010 page 8" href="http://catalog.proemags.com/publication/fc4af2b9?page=8"> TI DIGEST Global Tobacco Control Convention r</a> <a title="Tobacco International: December, 2010 page 9" href="http://catalog.proemags.com/publication/fc4af2b9?page=9"> Spice Up Your Life with Djarum Menthol, another </a> <a title="Tobacco International: December, 2010 page 10" href="http://catalog.proemags.com/publication/fc4af2b9?page=10"> Manufacturers NEWS UK tobacco manufac</a> <a title="Tobacco International: December, 2010 page 11" href="http://catalog.proemags.com/publication/fc4af2b9?page=11"> the end of 2011, following standards that al</a> <a title="Tobacco International: December, 2010 page 12" href="http://catalog.proemags.com/publication/fc4af2b9?page=12"> Advertorial 24 / 7 / 365 – delfortgroup's TARGE</a> <a title="Tobacco International: December, 2010 page 13" href="http://catalog.proemags.com/publication/fc4af2b9?page=13"> ANYTIME ANYPLACE EAST COAST </a> <a title="Tobacco International: December, 2010 page 14" href="http://catalog.proemags.com/publication/fc4af2b9?page=14"> MARKET WATCH BY JOHN PARKER Germa</a> <a title="Tobacco International: December, 2010 page 15" href="http://catalog.proemags.com/publication/fc4af2b9?page=15"> THE WORLD IS EVER-CHANGING, BUT OUR PROMISE REMAI</a> <a title="Tobacco International: December, 2010 page 16" href="http://catalog.proemags.com/publication/fc4af2b9?page=16"> MARKET WATCH Greater German Cigarette Import</a> <a title="Tobacco International: December, 2010 page 17" href="http://catalog.proemags.com/publication/fc4af2b9?page=17"> Only nature does it better. For the full </a> <a title="Tobacco International: December, 2010 page 18" href="http://catalog.proemags.com/publication/fc4af2b9?page=18"> MARKET WATCH place when 24.8 bn pieces moved to</a> <a title="Tobacco International: December, 2010 page 19" href="http://catalog.proemags.com/publication/fc4af2b9?page=19"> Premium feeling at any grammage A complete cigar</a> <a title="Tobacco International: December, 2010 page 20" href="http://catalog.proemags.com/publication/fc4af2b9?page=20"> MARKET WATCH but they declined 17% in 2009 to 1</a> <a title="Tobacco International: December, 2010 page 21" href="http://catalog.proemags.com/publication/fc4af2b9?page=21"> Specialists in oriental tobaccos </a> <a title="Tobacco International: December, 2010 page 22" href="http://catalog.proemags.com/publication/fc4af2b9?page=22"> MARKET WATCH 44% in 2009 to 931 mn pieces, afte</a> <a title="Tobacco International: December, 2010 page 23" href="http://catalog.proemags.com/publication/fc4af2b9?page=23"> </a> <a title="Tobacco International: December, 2010 page 24" href="http://catalog.proemags.com/publication/fc4af2b9?page=24"> PROFILE STAFF REPORT Imperial by the</a> <a title="Tobacco International: December, 2010 page 25" href="http://catalog.proemags.com/publication/fc4af2b9?page=25"> ??^*?z^?? 0-w composed and conducted by www.mu</a> <a title="Tobacco International: December, 2010 page 26" href="http://catalog.proemags.com/publication/fc4af2b9?page=26"> www.muzermak.com</a> <a title="Tobacco International: December, 2010 page 27" href="http://catalog.proemags.com/publication/fc4af2b9?page=27"> PROFILE ket of 5,050 tons (2009: 4,450 tons). </a> <a title="Tobacco International: December, 2010 page 28" href="http://catalog.proemags.com/publication/fc4af2b9?page=28"> PROFILE Rest of EU Imperial estimates that regio</a> <a title="Tobacco International: December, 2010 page 29" href="http://catalog.proemags.com/publication/fc4af2b9?page=29"> grew market shares notably with Davidoff in S</a> <a title="Tobacco International: December, 2010 page 30" href="http://catalog.proemags.com/publication/fc4af2b9?page=30"> Q&ASTAFF REPORT Roger Penn on Flavors Roger P</a> <a title="Tobacco International: December, 2010 page 31" href="http://catalog.proemags.com/publication/fc4af2b9?page=31"> ??*^6l^f^ !co&<A<cct>4' Naturally PRODUCED Inv</a> <a title="Tobacco International: December, 2010 page 32" href="http://catalog.proemags.com/publication/fc4af2b9?page=32"> Q&A carrying out their own regulatory activi- ti</a> <a title="Tobacco International: December, 2010 page 33" href="http://catalog.proemags.com/publication/fc4af2b9?page=33"> vor what is in tobacco smoke flavor, etc. Then we</a> <a title="Tobacco International: December, 2010 page 34" href="http://catalog.proemags.com/publication/fc4af2b9?page=34"> PROFILE BY NANCY FANG Universal Leaf Pursues P</a> <a title="Tobacco International: December, 2010 page 35" href="http://catalog.proemags.com/publication/fc4af2b9?page=35"> Soccer School, and Community Games are held on </a> <a title="Tobacco International: December, 2010 page 36" href="http://catalog.proemags.com/publication/fc4af2b9?page=36"> PACKAGINGBY ANDREJ VLAHCEVIC Marketing Girector,</a> <a title="Tobacco International: December, 2010 page 37" href="http://catalog.proemags.com/publication/fc4af2b9?page=37"> try, for example, has seen a widespread reductio</a> <a title="Tobacco International: December, 2010 page 38" href="http://catalog.proemags.com/publication/fc4af2b9?page=38"> CIGAR LEAF BY ERIC McANALLEN and DAVID “DOC” DIAZ</a> <a title="Tobacco International: December, 2010 page 39" href="http://catalog.proemags.com/publication/fc4af2b9?page=39"> to the fertility of the soil include: phos- phoru</a> <a title="Tobacco International: December, 2010 page 40" href="http://catalog.proemags.com/publication/fc4af2b9?page=40"> Factory FOCUS cigarette smell or taste,” sai</a> <a title="Tobacco International: December, 2010 page 41" href="http://catalog.proemags.com/publication/fc4af2b9?page=41"> 8 – 10 November 2011 Messe München International,</a> <a title="Tobacco International: December, 2010 page 42" href="http://catalog.proemags.com/publication/fc4af2b9?page=42"> Leaf NEWS UNITED STATES Dry September keeps flue-</a> <a title="Tobacco International: December, 2010 page 43" href="http://catalog.proemags.com/publication/fc4af2b9?page=43"> The US Department of Agriculture is- sue</a> <a title="Tobacco International: December, 2010 page 44" href="http://catalog.proemags.com/publication/fc4af2b9?page=44"> Public AFFAIRS Greek Ministry to lighten smok</a> <a title="Tobacco International: December, 2010 page 45" href="http://catalog.proemags.com/publication/fc4af2b9?page=45"> People NEWS Borgwaldt Flavor GmbH appoints Mr.</a> <a title="Tobacco International: December, 2010 page 46" href="http://catalog.proemags.com/publication/fc4af2b9?page=46"> Advertiser INDEX Adams International ...........</a> <a title="Tobacco International: December, 2010 page 47" href="http://catalog.proemags.com/publication/fc4af2b9?page=47"> TANZANIA Chitipa Karonga ZAMBIA </a> <a title="Tobacco International: December, 2010 page 48" href="http://catalog.proemags.com/publication/fc4af2b9?page=48"> G.D X6 Perfect fit flexibility. </a>