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 […]
O-I Announces Third Quarter 2019 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, Oct. 03, 2019 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Owens-Illinois, Inc. (NYSE: OI) has scheduled its third quarter 2019 conference call and webcast for Tuesday, Oct. 29, 2019, at 8 a.m. EDT. The Company’s news release for the third quarter 2019 earnings will be issued after the market closes on Monday, Oct. 28. […]
Advancing Glass Packaging’s Sustainability Profile
O-I Significantly Improves Sustainability Certifications Perrysburg, OH, Sept. 23, 2019 (GLOBE NEWSWIRE) — Owens-Illinois, Inc. (NYSE: OI) continues to be recognized for its commitment to sustainability. Cradle to Cradle Certified™ and EcoVadis, two non-profits engaged in evaluating and certifying business sustainability practices, have awarded O-I with improved ratings for the company’s sustainability practices. Most notably, […]
O-I Reports Second Quarter 2019 Results
FOR IMMEDIATE RELEASE O-I REPORTS SECOND QUARTER 2019 RESULTS PERRYSBURG, Ohio (July 31, 2019) – Owens-Illinois, Inc. (NYSE: OI) today reported financial results for the second quarter ended June 30, 2019. “The Company has been on a transformational journey and has made meaningful progress over the past three years. However, the second quarter was a […]
OI European Group B.V. Issues Notice of Partial Redemption for 6.75% Senior Notes due 2020
FOR IMMEDIATE RELEASE OI European Group B.V. Issues Notice of Partial Redemption for 6.75% Senior Notes due 2020 PERRYSBURG, Ohio / SCHIEDAM, the Netherlands (July 3, 2019) – Owens-Illinois Group, Inc. (the “Company”) announced that its wholly-owned subsidiary, OI European Group B.V. (“O-I Europe”), has delivered a notice of partial redemption to holders of O-I […]
