The company Massalin Particulares reversed a million-dollar investment in the country as a result of new sanitary measures.
Through Resolution 565/2023, published in the Official bulletin this Tuesday, the Ministry of Health prohibited the import, distribution, marketing and advertising throughout the country of different types of electronic cigarettes, including its accessories, for being potentially harmful to health. That caused the company Massalin Individualsdedicated to the trade of tobacco and its derivatives, stop a investment of 300 million dollars in the Argentina.
The company, one of the main tobacco companies established at the local level, suspended the million-dollar investment that included the Marketing of alternative products to the conventional cigarette distributed in other countries of the world. In addition, part of that amount would go to the expansion of its plant in MerloBuenos Aires province.
It is estimated that in the country there are some seven million adult smokers. The technology developed by the company allows tobacco to be heated instead of burned, which would eliminate combustion, one of the main lung conditions for smokers.
The company considered that “the decision of the Ministry of Health is detrimental to investment, science and technology. Argentina had the possibility of being considered for an investment of more than 300 million dollars, and creating hundreds of jobs registered work, white and quality. However, this type of isolated initiatives and not based on science and data continue to deteriorate both genuine private and direct investment and the strategic position of Argentina as a place to do business”.
In the resolution of this Tuesday, the health portfolio based its decision “based on the risks it represents” since “can induce in new users a dependence on this drug“. In this sense, they pointed out that the electronic cigarettes “They produce aerosols with nicotine and other chemicals such as acetaldehyde, acrolein and formaldehyde, which are harmful and potentially harmful to health.”
Source: Ambito
