June 19 (Reuters) - Philip Morris International Inc ::Philip Morris International Inc - plans to invest approximately USD 320 million in a new high-tech facility in Dresden, Germany, to produce Heets.Philip Morris International Inc - construction of 80,000 m2 facility is scheduled to begin in late 2017.Philip Morris International Inc - once fully operational in early 2019, factory is expected to employ about 500 people.Philip Morris - new high-tech facility in Dresden, Germany, to produce Heets, tobacco units to be used with electronic tobacco heating device Iqos.
May 17 (Reuters) - Eastern Co ::To produce cigarettes for Philip Morris at $5.8 per 1,000 cigarettes upto less than 15 billion cigarettes.To produce cigarettes at $6.2 per 1,000 cigarettes from 15 billion to 22 billion cigarettes.Any party has right to seek renegotiation on deal after one year .
Imperial Brands Plc : Joint venture . Subsidiaries of Imperial Brands Plc and China Tobacco have established a long-term joint venture (JV) business . JV will look to develop a variety of growth opportunities in China and international markets . JV will focus on maximising potential of two Yunnan brands, Jadé and Horizon, in markets outside of China . Further tobacco and next generation product launches, as well as potential M&A opportunities, will also be evaluated by GHVL . Jadé joins Imperial's portfolio of specialist brands .Imperial was assisted in transaction by Vermilion Partners and Allen & Overy.