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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.

Reichhold Inc. is in talks to sell its industrial adhesives unit, which accounted for $250 million in sales last year, as part of a restructuring effort that will enable it to focus on its core businesses.

Pilkington has announced that it is to close one of it three automotive glass production lines at its Eccleston plant in St.

Consolidated sales for Groupe Lapeyre amounted to Ï1,084.1 million at September 30, 2001, an increase of 15.3% compared with the first nine months of 2000.

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