O-I Glass Subsidiary, Paddock Enterprises, LLC, Receives Court Approval of Disclosure Statement and Solicitation Process
PERRYSBURG, Ohio, Feb. 17, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Paddock Enterprises, LLC (“Paddock”), a wholly owned subsidiary of O-I Glass, Inc. (“O-I Glass”), today announced that it has received approval from the United States Bankruptcy Court for the District of Delaware (the “Court”) of its disclosure statement (“Disclosure Statement”) in connection with soliciting […]
Owens-Brockway Glass Container Inc. Commences Cash Tender Offer for Up To $250,000,000 Aggregate Purchase Price of Certain of its Outstanding Senior Notes
PERRYSBURG, Ohio, Feb. 10, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that Owens-Brockway Glass Container Inc., a Delaware corporation and an indirect wholly owned subsidiary of the Company (“OB Glass”), has commenced an offer to purchase for cash (the “Tender Offer”) up to a maximum combined aggregate […]
O-I’s Rio de Janeiro Plant Offers Brazilian Sign Language Training
In 2018, O-I’s Rio de Janeiro plant employees asked management a vital question: What was the best way to connect with the plant’s 17 deaf employees? During a Diversity and Inclusion training on unconscious biases, the question came from shop floor employees. After discussing with the Unlimited Employee Resource Group (ERG) team for the entire […]
O-I Glass Reports Full Year and Fourth Quarter 2021 Results
PERRYSBURG, Ohio, Feb. 01, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2021. Full Year 2021 Results “We are pleased with O-I’s full year 2021 results, which rebounded strongly following the onset of the pandemic. Business […]
O-I Glass Recognized for Sustainable Advancements
PERRYSBURG, Ohio (January 31, 2022) – O-I Glass, Inc. (“O-I Glass” or “O-I”) has received two significant acknowledgments for its continued Sustainability transformation. EcoVadis upgraded O-I’s rating to Silver (2021: Bronze), and Sustainalytics awarded O-I with an ESG Regional Top-Rated performer classification. “Our vision is to be the most innovative, sustainable, and chosen supplier for […]
Cocktails and Beer To-Go Offer Big Opportunity in 2022
“Cheers, New York!” Governor Kathy Hochul said on Wednesday, January 5, as she called for making drinks-to-go permanent in New York State. Alcohol to-go has been a lifeline for on-premise operators during the pandemic. From the onset in 2020, when many bars, restaurants and breweries suspended dine-in business, 39 states issued emergency orders permitting sales […]
Sustainalytics Recognizes O-I as a Top-Rated ESG Performer
Our diligent work building a sustainable future is being recognized by a global ESG rating agency. Sustainalytics is recognizing O-I Glass as a 2021 Regional Top-Rated Performer. The ESG rating agency analyzes the Environmental, Social and Governance performance of more than 4,000 companies across its network. In 2021, we refreshed our sustainability strategy to better […]
O-I Glass Subsidiary Paddock Enterprises, LLC Files Chapter 11 Plan of Reorganization and Disclosure Statement
PERRYSBURG, Ohio, Jan. 12, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced that its wholly owned subsidiary, Paddock Enterprises, LLC (“Paddock”), has filed its Plan of Reorganization (the “Plan”) and related disclosure statement (“Disclosure Statement”) with the United States Bankruptcy Court for the District of Delaware (the […]
O-I Glass Announces Full Year and Fourth Quarter 2021 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, Jan. 05, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2021 conference call and webcast for Wednesday, February 2, 2022, at 8 a.m. EST. The Company’s news release for the full year and fourth quarter 2021 earnings will be issued after […]
New Year’s Resolution Solution: Make Mindful Food Packaging Choices
Is honing a healthy lifestyle among your 2022 New Year’s resolutions, but you’re caught at a crossroads on where to begin? Finding the right balance between fitness, nutrition, positive sleep habits and mental wellness to cultivate a healthy lifestyle is time-consuming – and part of the reason so many people abandon health-related resolutions before the […]