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, […]
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: […]
O-I Glass Second Quarter 2020 Business Update
PERRYSBURG, Ohio, June 08, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (NYSE: OI) today provided a business update in advance of the company’s attendance at the Deutsche Bank 2020 Global Industrials and Materials Summit on June 9, 2020. “O-I continues to take actions to safely supply our customers while actively managing our business in response […]
O-I CEO and CFO to Present at the Deutsche Bank 2020 Global Industrials and Materials Summit
PERRYSBURG, Ohio, June 01, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced that the Company will participate in the Deutsche Bank 2020 Global Industrials and Materials Summit on Tuesday, June 9, 2020. O-I Chief Executive Officer Andres Lopez and Chief Financial Officer John Haudrich will present at 3:00 p.m. […]
EU Campaign ‘Close the Glass Loop’ Sets Ambitious Glass Recycling Goals
The glass container manufacturing industry is rallying around “Close the Glass Loop,” an ambitious campaign to increase the quality and quantity of recycled glass collected across Europe. Recycled glass, called “cullet,” is one of four ingredients—sand, limestone, soda ash, cullet–used in the glass-making process. For example, glass containers made by O-I Glass have an average […]
Owens-Brockway Glass Container Inc. Launches $500 Million Bond Offering
PERRYSBURG, Ohio, May 06, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OB Glass”), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2027 in a private offering to eligible purchasers […]
O-I Glass Reports First Quarter 2020 Results
PERRYSBURG, Ohio, April 28, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today reported financial results for the first quarter ended March 31, 2020. “As described in our preliminary earnings release update, O-I’s first quarter performance was solid. Results benefited from favorable price and mix as well as good cost performance. […]
O-I Offers Digital Curriculum for Earth Day 2020
April 22 marks the 50th Anniversary of Earth Day. While Earth Day this year will look a little different than years past, with our celebrations moving online, at O-I, we still want to help provide a meaningful learning experience for students across the globe. In honor of Earth Day 2020, we put together a digital […]
O-I 3D Prints Face Shield Frames for Toledo-area Medical Workers
PERRYSBURG, Ohio, April 14, 2020 (GLOBE NEWSWIRE) — O-I Glass, Inc. (NYSE: OI) is using its 3D printing capabilities to make face shield frames, a piece of personal protective equipment (PPE), for members of the Northwest Ohio medical community who are on the front lines of the COVID-19 health crisis. The worldwide glass packaging manufacturer typically […]
