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Despite the slump in the construction industry, PG Industries increased its net profit almost 50-fold in the six months to September.

The hope of revitalising the Bendel Glass Industry, which was abandoned for over 22 years, appeared lost as Governor James Ibori of Delta State has declared that there was really nothing to sell in the industry and therefore nothing to revitalise.

Afriglass chairman Alex Barrell said there was nothing strange about him and four other directors selling 1,5-million of their company's shares.

VITRUM 2001, the international trade fair dedicated to machinery, equipment and systems for flat and hollow glass, manufactured and processed glass and glass products for industrial use, closed its doors on Saturday, October 6th.