PPG INDUSTRIES <PPG> SELLS ETHYLENE INTERESTS
PPG Industries Inc said a group of
investors led by <Sterling Group> of Houston said it has agreed
to acquire PPG's ethylene products business, including its
inteest in an ethylene glycols joint venture with du Pont Co
<DD> in Beaumont, Texas, for undisclosed terms.
    The company said completion is expected in the second
quarter.
    It said the business had sales of over 50 mln dlrs in 1986.
 Reuter
