TOBACCO INTERNATIONAL

36 TOBACCO INTERNATIONAL MARCH 2016 if Brits vote for Brexit and against stay- ing in. Most in the UK, however, believe that these are f limsy scare tactics and dismiss them as such. Whatever Else This issue is About, It's Not the Economy, Stupid! Britain has been exporting progres- sively less to the EU for several years now, just as the EU has been exporting progressively less to the world at large. Economists in the UK generally agree that there would be no immediate eco- nomic impact or harm from Britain leaving the union, or not for at least five years, if at all. This is well documented and these experts are not to be con- fused with mere politicians, who have their own partisan interests, whether for staying in or for leaving the EU. No less t ha n 50 M P 's i n Pr i me Minister Cameron's Conservative party want out and they are breaking ranks to support the "out camp." It remains to be seen how many more Tory MP's defect. The "out camp" is led and managed by prominent Tor y MP's, including Boris Johnson, the former right-wing Mayor of London and an old school and university friend–Eton and Oxford–of Prime Minister Cameron. According to Statista in London and New York, the two biggest tobacco com- panies in the EU are, predictably, British American Tobacco (BAT), with a report- ed market value of US 96.5B, followed by Imperial Tobacco with US 42.1M and Sweden's Match with US 5.90M (like the UK, Sweden is in the single market, but has not adopted the Euro). These are figures for 2015 and are taken from the Financial Times Global 500 List. Note that these exporters are of course up against EU tobacco com- panies, with Sweden's Match hanging in there. Presu mably t here a re historica l, strategic and other brand-specific rea- sons peculiar to EU markets and smok- ers that explain why British American Tobacco is streets ahead of Imperial Tobacco a nd Match in t he EU a nd, equally presumably, Satista will have the answer to this—or be able to find it—with so many offices in East and We s t Eu rop e i nc lud i ng G er m a ny, France, Sweden, Spain, Brussels/EU, Ita ly, Net herlands, Nor way, Poland, Russia and Ukraine. INTERNATIONAL TRADE Free jet principle - patent protected Expansion and Drying The free jet principle is used in steam processing for the expansion of cut material, and for heating tobacco prior to drying. The principle is also used to achieve low temperature drying by the use of high speed air vortices. Using this system, rapid drying occurs accompanied by evaporative cooling. This results in both the tobacco and the exit air temperatures being much lower than the heating air temperature. Drying tobacco at low temperatures avoids caramelising of naturally occurring or applied sugar in the form of casings. The tobacco maintains its elasticity, and casing losses and colour changes are minimised. Also, the use of the free jet principle results in short drying residence times, compact drier size and a fast response drier control system. www.FranzSagemueller.com Nordstr. 30 - D-26345 Bockhorn - Germany - Phone +49(0) 44 53/ 71691 - Fax +49(0) 44 53/71693 www.FranzSagemueller.com -- e-Mail: FranzSagemuellerGmbH@t-online.de F R A N Z S A G E M U L L E R G M B H Franz Sagemüller_TI OCT 05 9/28/05 3:00 PM Britain has been exporting progressively less to the EU for several years now, just as the EU has been exporting progressively less to the world at large.

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