Universal Leaf Tobacco Company Presentation

Next Generation Tobacco Products Continuing to be Developed Current Status • All of the major tobacco product manufacturers are developing next generation products • There are many types of next generation products . • Next generation products use less leaf tobacco in a strict 1-1 comparison with a combustible cigarette Still Unclear or Developing . • Consumer consumption habits and patterns • Production regulation in various countries • Effect on demand for leaf tobacco Universal continues to be part of the Supply Chain for Next Generation Tobacco Products 46

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