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O-I Glass Provides Business Update

Global Business Continues to Operate Without Interruption; Recent Demand Patterns Remain Stable PERRYSBURG, Ohio, March 11, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today provided a business update in lieu of management’s previously scheduled presentation at the JP Morgan investor conference which was cancelled by the organizers due to COVID-19.  […]

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 […]

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 […]

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