OI European Group B.V. Offer To Purchase For Cash Any And All 2.875% Senior Notes Due 2025
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands (May 16, 2024) O-I Glass, Inc. (NYSE: OI) ( “OI Glass”), announced today that OI European Group B.V. (“OIEG”, the “Company,” “we,” “us” and “our”), has commenced its offer (the “Offer”) to purchase for cash any and all of the outstanding securities of the Company listed in Table I […]
OI European Group B.V. Announces Upsizing and Pricing of Senior Notes Offering
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands (May 16, 2024): O-I Glass, Inc. (the “Company”) announced that OI European Group B.V. (“OIEG”), an indirect wholly owned subsidiary of the Company, priced a private offering (the “Offering”) of €500 million aggregate principal amount of its 5.250% senior notes due 2029 (the “Notes”) at par, which represents an […]
O-I Glass Appoints John Humphrey as Independent Board Chair; Gordon Hardie’s Appointment as CEO Effective Today
PERRYSBURG, Ohio, May 15, 2024— O-I Glass, Inc. (“O-I”) (NYSE: OI) today announced that, after the conclusion of O-I’s Annual Meeting of Share Owners held earlier today, the Board appointed John Humphrey as the new Independent Board Chair, following the previously announced retirement of John H. Walker from the Board. Additionally, at the Annual Meeting, […]
O-I Glass Completes Full Allocation For Second Round Of Green Bond Offerings
O-I completes full allocation of $690 Million due 2031, issued by Owens-Brockway Glass Container, Inc. O-I completes full allocation of €600 Million due in 2028, issued by O-I European Group B.V. Allocations mark another significant step forward in company climate-change strategy PERRYSBURG, Ohio (May 13, 2024) – O-I Glass, Inc. (“O-I Glass”, “O-I” or the […]
O-I Glass Reports First Quarter 2024 Results
PERRYSBURG, Ohio (April 30, 2024) – O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the first quarter ended March 31, 2024. Net sales were $1.6 billion in the first quarter of 2024 compared to $1.8 billion in the prior year reflecting slightly lower average selling prices and a 12.5 percent decline in […]
O-I Holds Topping-Off for its All New MAGMA Facility in Bowling Green, KY
PERRYSBURG, OH/BOWLING GREEN, KY, April 25, 2024 – O-I Glass, Inc. (“O-I Glass” or “O-I”) achieved a major milestone in the initial construction of its glass packaging production facility in Bowling Green, KY. To recognize this key milestone, the company hosted a “Topping-Off” event to commemorate the placement of the final beam. The event was […]
O-I and Anheuser-Busch Partner on ‘The Denver Series’ Glass Recycling Initiative
Sustainability takes collaboration, and O-I is entering into new partnerships to increase recycling across the value chain. O-I, along with Anheuser-Busch, Recycle Colorado, Keep America Beautiful, The City of Greeley, and the Denver Broncos Football Club are partnering on “The Denver Series” to make it easy for people to recycle their glass in Denver area […]
O-I Colombia ranked 7th in ‘Great Place to Work: Best Workplaces for Women’
O-I Colombia strikes again in the local Great Place to Work rankings! The company came in 7th in the “Best Workplaces for Women” category among companies with 301 to 1,500 employees. Another great achievement that follows O-I Colombia’s 11th position in the country’s overall Great Place to Work listing. “We are honored to be recognized […]
Acting on Our Commitment to Responsible Water Resource Management
At O-I, responsible water resource management is embedded in our daily practices. From our processes to our people, we are committed to conserving and reducing our water consumption by 25% in our high and extremely high-water scarcity markets by 2030. We understand the vital role that water plays in our operations and recognize the importance […]
O-I Glass Sustainably Transformed and Expanded Zipaquira, Colombia, Plant
Significant advances in sustainability, flexibility and productivity Investment of approximately $120 Million Approximately 100 new jobs in the region PERRYSBURG, OH/ZIPAQUIRA, COLOMBIA (April 17, 2024) – O-I Glass, Inc. (“O-I Glass” or “O-I”) recently completed a major transformation of its Zipaquira, Colombia manufacturing site investing approximately $120 Million to upgrade the sustainability, flexibility, and […]
