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Attwater

PPG Reports On 2nd Quarter

25 July 2000

PPG Industries reported second-quarter net income of $205 million on record sales for any quarter of $2.21 billion. In the same quarter last year, net income was $184 million on sales of $1.95 billion. Glass segment sales and earnings rose on increased volumes in all businesses as well as pricing gains for fiber glass and automotive replacement glass products. Continued strength in global demand contributed to improved fiber glass prices. Glass earnings also benefited from manufacturing efficiencies.