O-I Announces Refreshment of Directors
PERRYSBURG, Ohio, Feb. 04, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (“O-I” or the “Company”) today announced that as part of its regular refreshment process it intends to nominate Samuel R. Chapin and Catherine I. Slater to its 2020 slate of Directors. The Board of Directors routinely evaluates Board composition […]
O-I Glass Reports Full Year and Fourth Quarter 2019 Results
PERRYSBURG, Ohio, Feb. 04, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today reported financial results for the full year and fourth quarter ended Dec. 31, 2019. “O-I’s 2019 earnings were in line with our most recent guidance and cash flows exceeded expectations. We made significant progress during the second half […]
O-I Announces Fourth Quarter and Full Year 2019 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, Jan. 08, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its fourth quarter and full year 2019 conference call and webcast for Wednesday, Feb. 5, 2020, at 8 a.m. EST. The Company’s news release for the fourth quarter and full year 2019 earnings will be issued after […]
Paddock Enterprises, LLC, an O-I Glass, Inc. Affiliate, Seeks a Final and Equitable Resolution of its Legacy Asbestos-Related Claims
Prepared Remarks Slated for 10:30 a.m. EST Today PERRYSBURG, Ohio, Jan. 06, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I Glass” or the “Company”) today announced that its wholly owned subsidiary, Paddock Enterprises, LLC (“Paddock”), has voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court […]
O-I Glass Completes Corporate Modernization, Adopts New Holding Company Structure
PERRYSBURG, OHIO, Dec. 27, 2019 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I Glass” or the “Company”), today announced the completion of its previously announced Corporate Modernization and adoption of a new holding company structure. Pursuant to the Corporate Modernization, all stockholders of Owens-Illinois, Inc. (“O-I”) became stockholders of O-I Glass, as each […]
O-I Announces Progress on its Tactical Divestiture Program
Proceeds of $195 million earmarked for debt reduction Perrysburg, Ohio, Dec. 19, 2019 (GLOBE NEWSWIRE) — Owens-Illinois, Inc. (“O-I” or the “Company”) today announced the sale of its 25 percent partnership interest in Tata Chemicals (Soda Ash) Partners Holdings, one of the world’s leading producers of high-quality soda ash, to Valley Holdings, Inc., a wholly-owned […]
Reading, Writing, Arithmetic and RECYCLING
O-I Strongly Supports New Recycling Education Legislation Perrysburg, OH, Dec. 05, 2019 (GLOBE NEWSWIRE) — Owens-Illinois, Inc. (NYSE:OI), the world’s largest producer of glass packaging, announces its support for new legislation aimed at educating and increasing recycling rates in the United States. Senators Robert Portman (R-OH) and Debbie Stabenow (D-MI) have created the “Recycle Enhancements […]
OI European Group B.V. Issues Notice of Full Redemption for 6.75% Senior Notes due 2020 and Notice of Partial Redemption for 4.875% Senior Notes due 2021
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, Nov. 12, 2019 (GLOBE NEWSWIRE) — Owens-Illinois Group, Inc. (the “Company”) announced that its wholly-owned subsidiary, OI European Group B.V. (“OI Europe”), has delivered (i) a notice of redemption to holders of OI Europe’s outstanding 6.75% senior notes due 2020 (the “2020 Notes”) calling for the redemption of the […]
OI European Group B.V. Launches €300 Million Green Bond Offering
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, Nov. 05, 2019 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Owens-Illinois Group, Inc. (the “Company”), announced that OI European Group B.V. (“OI Europe”), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, €300 million aggregate principal amount of senior notes due 2025 […]
O-I Reports Third Quarter 2019 Results
PERRYSBURG, Ohio, Oct. 28, 2019 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Owens-Illinois, Inc. (NYSE: OI) today reported financial results for the third quarter ended September 30, 2019. “O-I’s third quarter results were in-line with our most recent guidance and reflect the benefit of increased selling prices and our recent acquisition of Nueva Fanal which partially […]
