Philip Morris Steps Up Vaping Plan, Keeps Close Ties With Altria

  • Marlboro maker to unveil new vaping device IQOS Mesh this year
  • Olczak says ‘chapter is closed, but not the book’ on Altria
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Philip Morris International Inc. is ratcheting up its efforts to become the world’s largest maker of alternatives to cigarettes and indicated that it hasn’t given up on a potential reunion with sister company Altria Group Inc. at some point in the future.