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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.

An offer from British glass maker Pilkington Plc for a majority stake in the Egyptian Glass Co fell through after only 1.4 percent of shareholders agreed to sell, the stock exchange said on Monday.

A unit of British glass maker Pilkington Plc has offered to buy a majority share in the Egyptian Glass Co in a deal worth up to $33 million, Egypt's stock exchange said on Thursday.

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