Discover the story of Philip Morris International, a global leader in the tobacco industry. With a vision for the future and a commitment to innovation, Philip Morris International is shaping the future of tobacco. Explore the company’s bold moves, its impact on the world, and its evolution over time. From its research labs to its retail stores, Philip Morris International is a company in transition with a new chapter.

Philip Morris International (PMI) is a multinational tobacco company that has been in operation for over a century. Founded by Philip Morris in 1902, the company has grown to become one of the world’s leading tobacco companies, with products sold in over 180 countries . In this article, we will explore the history, products, and strategies of PMI.

– Introduction

PMI is a global leader in the tobacco industry, with a focus on delivering a smoke-free future. The company has undergone significant changes in recent years, shifting its focus from traditional cigarettes to smoke-free products. PMI’s vision is to replace cigarettes with smoke-free products that are a better choice than cigarette smoking .

2. History of PMI

PMI was founded in 1902 by Philip Morris, a British tobacconist. The company was incorporated in New York in 1919 and became a publicly traded company in 1968. In 2008, PMI was spun off from Altria, its former parent company, and became an independent publicly traded company .

3. PMI’s Products

PMI’s products include cigarettes, cigars, fine-cut rolling tobacco, snuff, rolling papers, and tubes. The company’s most recognized and best-selling brand is Marlboro, which became the world’s top-selling cigarette brand in 1972 .

4. PMI’s Marketing Strategies

PMI’s marketing strategies have been the subject of controversy over the years. The company has been accused of targeting youth and promoting smoking in countries with weak tobacco control laws. In recent years, PMI has shifted its focus to smoke-free products and has pledged to market them responsibly .

5. PMI’s Future Plans

PMI’s future plans are centered around delivering a smoke-free future. The company has invested heavily in research and development to create smoke-free products that are a better choice than cigarette smoking. PMI’s goal is to have smoke-free products account for at least 50% of its net revenues by 2025 .

6. PMI’s Impact on Society

PMI’s impact on society has been significant. The company has been accused of contributing to the global tobacco epidemic and promoting smoking in countries with weak tobacco control laws. PMI has also been criticized for its marketing practices and for targeting youth. In recent years, PMI has shifted its focus to smoke-free products and has pledged to work towards a smoke-free future .

7. PMI’s Controversies

PMI has been involved in several controversies over the years. The company has been accused of contributing to the global tobacco epidemic and promoting smoking in countries with weak tobacco control laws. PMI has also been criticized for its marketing practices and for targeting youth. In recent years, PMI has shifted its focus to smoke-free products and has pledged to work towards a smoke-free future .

8. PMI’s Competitors

PMI’s competitors include other multinational tobacco companies such as British American Tobacco (BAT) and Japan Tobacco International (JTI). These companies have also shifted their focus to smoke-free products in recent years .

9. PMI’s Financial Performance

PMI’s financial performance has been strong in recent years. The company reported revenue of US$41.290 billion in 2021 and total equity of US$8.208 billion in the same year .

10. PMI’s Corporate Social Responsibility

PMI has a corporate social responsibility program that focuses on reducing the harm caused by its products. The company has pledged to work towards a smoke-free future and has invested heavily in research and development to create smoke-free products that are a better choice than cigarette smoking .

1- PMI’s Role in the Tobacco Industry

PMI is one of the world’s leading tobacco companies and has played a significant role in the tobacco industry. The company has been involved in several controversies over the years and has been accused of contributing to the global tobacco epidemic. In recent years, PMI has shifted its focus to smoke-free products and has pledged to work towards a smoke-free future .

12. PMI’s Global Presence

PMI has a global presence, with products sold in over 180 countries. The company has operations in Europe, Asia, Africa, and the Americas .

13. PMI’s Research and Development

PMI has invested heavily in research and development to create smoke-free products that are a better choice than cigarette smoking. The company has two smoke-free product research facilities, in Switzerland and Singapore, and over 1,516 research and development scientists, engineers, and technicians working on smoke-free products .

14. PMI’s Sustainability Efforts

PMI has a sustainability program that focuses on reducing the environmental impact of its products. The company has pledged to reduce its carbon footprint and has set targets to reduce its greenhouse gas emissions and water usage .

15. Conclusion

PMI is a global leader in the tobacco industry, with a focus on delivering a smoke-free future. The company has undergone significant changes in recent years, shifting its focus from traditional cigarettes to smoke-free products. PMI’s vision is to replace cigarettes with smoke-free products that are a better choice than cigarette smoking. While the company has been involved in several controversies over the years, it has pledged to work towards a smoke-free future and has invested heavily in research and development to create smoke-free products that are a better choice than cigarette smoking .

Statistics:

• PMI reported revenue of US$41.290 billion in 2021 .
• The company has a global workforce of 79,800 .
• PMI’s products are sold in over 180 countries .

FAQs:

• What is PMI?
• When was PMI founded?
• Where is PMI headquartered?
• What products does PMI sell?
• What is PMI’s most recognized brand?
• How many countries are PMI’s products sold in?
• What was PMI’s revenue in 2021?
• How many employees does PMI have?
• What is PMI’s vision for the future?
• What has PMI been accused of?
• What are PMI’s competitors?
• What is PMI’s corporate social responsibility program?
• What is PMI’s role in the tobacco industry?
• What is PMI’s global presence?
• What is PMI’s research and development focus?

Answers:

• PMI is a multinational tobacco company.
• PMI was founded in 1902 by Philip Morris.
• PMI is headquartered in Stamford, Connecticut.
• PMI sells cigarettes, cigars, fine-cut rolling tobacco, snuff, rolling papers, and tubes.
• Marlboro is PMI’s most recognized brand.
• PMI’s products are sold in over 180 countries.
• PMI reported revenue of US$41.290 billion in 2021.
• PMI has a global workforce of 79,800.
• PMI’s vision is to replace cigarettes with smoke-free products that are a better choice than cigarette smoking.
• PMI has been accused of contributing to the global tobacco epidemic and promoting smoking in countries with weak tobacco control laws.
• PMI’s competitors include other multinational tobacco companies such as British American Tobacco (BAT) and Japan Tobacco International (JTI).
• PMI has a corporate social responsibility program that focuses on reducing the harm caused by its products.
• PMI is one of the world’s leading tobacco companies and has played a significant role in the tobacco industry.
• PMI’s products are sold in over 180 countries.
• PMI’s research and development focus is on creating smoke-free products that are a better choice than cigarette smoking.

Books:

• “The Cigarette Century: The Rise, Fall, and Deadly Persistence of the Product That Defined America” by Allan M. Brandt
• “Golden Holocaust: Origins of the Cigarette Catastrophe and the Case for Abolition” by Robert N. Proctor
• “The Smoke of the Gods: A Social History of Tobacco” by Eric Burns
• “The Tobacco Atlas” by Michael Eriksen and Judith Mackay
• “Tobacco: A Cultural History of How an Exotic Plant Seduced Civilization” by Iain Gately

Sources of information:

https://en.wikipedia.org/wiki/Philip_Morris_International

https://www.pmi.com

https://www.tobaccofreekids.org/what-we-do/industry-watch/pmi-foundation/compilation

https://tobaccocontrol.bmj.com/content/31/2/175

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9080368/

https://www.pmi.com/who-we-are/who-we-are-overview