Philip Morris to restructure tobacco ops


An aerial view of the Philip Morris manufacturing plant in Seremban.

KUALA LUMPUR: Philip Morris (Malaysia) Sdn Bhd (PMM) said it will restructure its manufacturing operations in line with its decision to increase production of processed tobacco for export and discontinue local cigarette manufacturing.

The resulting change will double production capacity for processed tobacco, known as cast leaf, through a new RM70mil investment at PMM’s Seremban plant, making it the largest cast leaf plant in the world for Philip Morris International Inc (PMI).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read