IEP LIFTS ULTRAMAR AND OGELBAY NORTON STAKES <Industrial Equity (Pacific) Ltd>, (IEP) the Hong Kong-listed unit of Brierley Investments Ltd <BRYA.WE>, said it has lifted its stakes in British oil company Ultramar Plc <UMAR.L> and U.S. Firm <Ogelbay Norton Co>. IEP told the Stock Exchange it now holds 36.03 mln Ultramar shares representing 13.07 pct of the issued capital. It holds 388,600 shares in Ogelbay representing 11.68 pct of the Delaware-based company. No other details were available.