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 […]
Northern Virginians Recycle 5 Million Pounds of Clean Glass
Northern Virginians are eagerly embracing a new glass-to-glass recycling program that’s collected nearly 5 million pounds of glass in about six months. In fall 2019, Northern Virginia’s traditional curbside programs stopped collecting glass. Instead, residents could recycle their glass containers at one of the new purple glass-only drop-off bins in the area. The glass from those purple bins is collected, crushed locally, processed at a plant in North Carolina, then sold to companies for […]
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 […]
Owens-Illinois Receives Overwhelming Support for Green Bond
Furthering its Commitment to Invest In Sustainability Projects (Perrysburg, OH) – Owens-Illinois, Inc. (NYSE:OI) is the first company in the packaging industry to issue a Green Bond, furthering its commitment to sustainability throughout its global manufacturing operations and glass packaging. To support the debt offering, O-I developed a Green Bond Framework, describing in detail the […]
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 […]
