O-I REPORTS SECOND QUARTER 2020 RESULTS
Improving business trends as markets reopen PERRYSBURG, Ohio, Aug. 04, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today reported financial results for the second quarter ended June 30, 2020. “The first half of 2020 was the most challenging business environment in decades given the sudden onset of the pandemic. However, […]
Paper Wine ‘Bottles’ Have Flimsy Sustainability Claims Against Glass
Everyone wants to claim they are as beautiful and sustainable as glass bottles, even when the container (aka paper wine bottles) is much closer to a milk carton than a bottle. Maybe imitation is the best form of flattery. If you’re a wine fan, you’ve probably seen some of the headlines touting the earth-friendly attributes […]
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 Supports Breweries Involved in the Black is Beautiful Beer Campaign
O-I Glass, Inc. is supporting craft breweries and their collective effort around the Black is Beautiful beer campaign by making beer bottles available to breweries who need them. The Black is Beautiful beer initiative was founded by Weathered Souls Brewing in San Antonio, Texas. Weathered Souls created the Black is Beautiful beer and will donate […]
Make ‘Plastic Free July’ Lifestyle Changes Stick for Good
Making long-term lifestyle changes you start during Plastic Free July can make a difference for the health of the planet and its people.
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, […]
Panel: ‘Short-Sighted’ Recycling Pause Due to Covid-19 Damages U.S. Manufacturing
Recycling is not a luxury. Recycled materials that are gathered by curbside and other municipality-backed recycling programs are used to make vital things, like packaging for groceries and hospital equipment. Covid-19 has impacted recycling programs and practices to the point that manufacturers are having a hard time getting enough recycled materials to create every day supplies, and that includes O-I Glass, the world’s largest manufacturers of glass packaging for food and […]
Ambitious ‘Close the Glass Loop’ Campaign Aims to Push EU’s Glass Recycling Rates to 90%
Close the Glass Loop, the ambitious campaign to push glass recycling to new heights in the European Union, officially launches this week. The initiative is groundbreaking in the sense that stakeholders from across the glass packaging ecosystem have pledged their support in order to work together toward the aggressive goal of 90% glass collection rate […]
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: […]
Scientists Say Reusable Food Containers are Safe During Coronavirus
Yes, refillable and reusable food and beverage containers, like those made from glass, are safe during the coronavirus pandemic. Consistent with other recommendations around COVID-19, basic hygiene is the key when it comes to containers including reusable grocery bags and coffee cups. That’s the strong message a coalition of scientists is sending in a new […]
