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 […]
O-I Announces Sustainable Improvement Loan
Linking Sustainability and Financial Performance Perrysburg, OH, Oct. 15, 2019 (GLOBE NEWSWIRE) — Owens-Illinois, Inc. (NYSE: OI), a global leader in food and beverage packaging, is furthering its commitment to sustainability by securing a $225 million bank loan, with a sustainability-linked pricing mechanism. The loan will be issued to OI European Group BV, a wholly […]
