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Tuesday, April 30, 2024

PMI opens P8.8-b smoke-free facility in Batangas

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PMFTC Inc, the local affiliate of Philip Morris International (PMI), on Monday opened an P8.8-billion facility to manufacture heated tobacco sticks for smoke-free products in the Philippines.

PMi chief executive Jacek Olczak underscored the company’s commitment for a smoke-free Philippines.

“Today is not just an unveiling. We are embracing a vision—a vision of a world where smoke-free alternatives build pathways for positive change. This facility is so much more than a testament to technological or manufacturing prowess. It embodies the spirit of science-based innovation that defines our company today,” Olczak said in his speech.

“Every endeavor we have taken has been focused on one goal: to accelerate the end of smoking. We have transformed to meet one purpose—to replace cigarettes with much better alternatives that are intended for adult smokers who would otherwise continue to smoke,” Olczak said.

Olczak said Filipino adult consumers now have the chance to make informed and better choices.

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PMI teamed up with the Lucio Tan Group in 2010 to continue expanding its presence in the Philippines and to support its growing operations in the region.

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