Philip Morris International (PMI), the tobacco and nicotine products manufacturer, has entered into a contract manufacturing arrangement for combustible cigarettes with Philip Morris USA, an operating company of fellow tobacco and nicotine company Altria, through its non-US affiliates.
According to the company, the collaboration aims to leverage the respective combustible cigarette manufacturing capabilities and expertise of both organisations while PMI continues to focus on delivering a smoke-free future. First shipments under the arrangement are expected to commence in early 2027, subject to operational readiness and applicable regulatory requirements. The firm stated that it does not expect a material financial impact from the arrangement on its 2026 financials.
PMI affirmed that it has not commercialised combustible cigarettes in the USA and has no plans to do so, noting that the arrangement will not alter this. Both PMI and Altria will continue to operate independently and maintain responsibility for their own commercialisation, distribution and regulatory activities, it added.
Source: Philip Morris International (via BusinessWire)
