Altadis Commits to Spanish Tobacco

Source from:  tobaccojournal.com May 8, 2008 05/09/2008

Altadis has agreed to buy 28,000 tonnes of Spanish leaf tobacco from CETARSA during 2009 and 2010. This quantity, which will be made up of flue-cured and Burley, comprises 40 per cent of the expected production of leaf tobacco in Spain during this period, and 55 per cent of the purchases that CERTASA had planned to make. Bob Dyrbus, Imperial Tobacco Group's finance director and Altadis' chief executive, described the agreement as a demonstration of Imperial's commitment to continue supporting the tobacco sector in Spain following its acquisition of Altadis. Enditem