Archives for January 28, 2011

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API Group sells Chinese foil ops

By Rory Harrington

API Group confirmed today that it has completed the sale of its majority stake in its loss-making Chinese foil venture, Shanghai Shen Yong Stamping Foil.

EC policy change on sugar could bring relief for bakers

By Jane Byerne

The European Commission, in a policy about face, said it may open the import quota or allow the sale of out-of-quota sugar into the bloc - a move that would bring relief for bakers and other food makers set to negotiate new sugar contracts.