O-I Glass Completes the Sale of ANZ Business Unit
PERRYSBURG, Ohio, July 31, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced it completed the sale of its Australia and New Zealand (ANZ) business unit to Visy Industries. Gross proceeds approximated AUD $947 million including a related sale-leaseback agreement which approximated AUD $214 million. Based on recent currency exchange […]
O-I Glass Agrees to Divest Its Australia and New Zealand Business Unit
Gross proceeds of AUD $947 million; Net proceeds will be used to reduce debtSecond quarter 2020 business update – Quarter ended on a positive note · Demand strengthened in June· Continued very good operating performance and cost control· Solid, positive cash flow PERRYSBURG, Ohio, July 15, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, […]
O-I Announces Second Quarter 2020 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, June 25, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2020 conference call and webcast for Wednesday, Aug. 5, 2020, at 8 a.m. EDT. The Company’s news release for the second quarter 2020 earnings will be issued after the market closes on Tuesday, Aug. 4. What: […]
O-I Glass Second Quarter 2020 Business Update
PERRYSBURG, Ohio, June 08, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (NYSE: OI) today provided a business update in advance of the company’s attendance at the Deutsche Bank 2020 Global Industrials and Materials Summit on June 9, 2020. “O-I continues to take actions to safely supply our customers while actively managing our business in response […]
O-I CEO and CFO to Present at the Deutsche Bank 2020 Global Industrials and Materials Summit
PERRYSBURG, Ohio, June 01, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced that the Company will participate in the Deutsche Bank 2020 Global Industrials and Materials Summit on Tuesday, June 9, 2020. O-I Chief Executive Officer Andres Lopez and Chief Financial Officer John Haudrich will present at 3:00 p.m. […]
Owens-Brockway Glass Container Inc. Launches $500 Million Bond Offering
PERRYSBURG, Ohio, May 06, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OB Glass”), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2027 in a private offering to eligible purchasers […]
O-I Glass Reports First Quarter 2020 Results
PERRYSBURG, Ohio, April 28, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today reported financial results for the first quarter ended March 31, 2020. “As described in our preliminary earnings release update, O-I’s first quarter performance was solid. Results benefited from favorable price and mix as well as good cost performance. […]
O-I 3D Prints Face Shield Frames for Toledo-area Medical Workers
PERRYSBURG, Ohio, April 14, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (NYSE: OI) is using its 3D printing capabilities to make face shield frames, a piece of personal protective equipment (PPE), for members of the Northwest Ohio medical community who are on the front lines of the COVID-19 health crisis. The worldwide glass packaging manufacturer typically […]
O-I Glass Business Update 2020 Q1
Solid First Quarter Operating Performance and Strong Liquidity; Most Plants Operating with Minimal Interruption Amid COVID-19 PERRYSBURG, Ohio, April 08, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (NYSE: OI) today provided a business update in light of the rapid developments related to COVID-19. “O-I’s operating performance was solid during the first quarter of 2020, reflecting […]
O-I Announces First Quarter 2020 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, April 01, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2020 conference call and webcast for Wednesday, Apr. 29, 2020, at 8 a.m. EDT. The Company’s news release for the first quarter 2020 earnings will be issued after the market closes on Tuesday, Apr. […]
