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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 […]

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 […]

O-I’s Sustainability Story with Stone & Wood

We paid a visit to one of Australia’s favorite craft beer providers and O-I Australia’s favorite customers, Stone & Wood. We talked to the craft beer team about their commitment to sustainability. We chatted with James Perrin, the Sustainability Manager of Stone and Wood about a number of sustainability initiatives we’ve worked on over the past few years – “We live […]

Celebrating America Recycles Day in the Glass City

Pop-Up Glass Collection Center at O-I’s Global Headquarters FOR IMMEDIATE RELEASE (Perrysburg, OH) – Owens-Illinois, Inc. is recognizing America Recycles Day, November 15, by creating a Pop-Up Glass Packaging Collection Center at its Global Headquarters in Perrysburg, OH. America Recycles Day, a Keep America Beautiful national program, promotes environmental citizenship and taking action to improve […]

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