HANSON &lt;HAN> TO BUY INT'L PROTEIN &lt;PRO> STOCK
  International Proteins Corp said
  it has agreed to sell in a private placement 330,000 common
  shares at 11.75 dlrs a share to a U.S. subsidiary of Hanson
  Trust Plc.
      In addition, David Clarke the president of another Hanson
  Trust subsidiary, Hanson Industries, will be named chairman of
  International Proteins's executive committee upon his election
  to the board at the annual meeting.
      International Proteins recently acquired Clarke's family
  business, Great South Beach Sales Co, for 900,000 restricted
  common shares of which 350,000 have been issued to date.
      International Proteins said its agreement with Hanson Trust
  is subject to stockholder approval at the annual meeting which
  is expected to be held in June.
      The company said Hanson Trust is purchasing the stock for
  investment purposes, adding the agreement includes restrictions
  on purchase or sale of the company by Hanson for the next five
  years.
      International Proteins said it will use the proceeds to
  expand domestic operations.
      The company has about 2.1 mln shares outstanding.          
  

