OWENS-CORNING <OCF> AGREES WITH TAIWAN GLASS
Owens-Corning Fiberglass Corp said
it agreed with Taiwan Glass Industries Corp on the manufacture
and distribution of its fiberglass reinforcements products
under license.
    The company said the two firms will construct a new
manufacturing plant for these products outside Taipei but it
disclosed no terms of the deal.
    It said the agreement will enhance its ability to serve the
growing Asian market for fiberglass reinforcements and yarns.
 Reuter
