OI European Group B.V. Announces Upsizing and Pricing of Senior Notes Offering
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands (May 16, 2024): O-I Glass, Inc. (the “Company”) announced that OI European Group B.V. (“OIEG”), an indirect wholly owned subsidiary of the Company, priced a private offering (the “Offering”) of €500 million aggregate principal amount of its 5.250% senior notes due 2029 (the “Notes”) at par, which represents an […]
O-I Glass Appoints John Humphrey as Independent Board Chair; Gordon Hardie’s Appointment as CEO Effective Today
PERRYSBURG, Ohio, May 15, 2024— O-I Glass, Inc. (“O-I”) (NYSE: OI) today announced that, after the conclusion of O-I’s Annual Meeting of Share Owners held earlier today, the Board appointed John Humphrey as the new Independent Board Chair, following the previously announced retirement of John H. Walker from the Board. Additionally, at the Annual Meeting, […]
O-I Glass Completes Full Allocation For Second Round Of Green Bond Offerings
O-I completes full allocation of $690 Million due 2031, issued by Owens-Brockway Glass Container, Inc. O-I completes full allocation of €600 Million due in 2028, issued by O-I European Group B.V. Allocations mark another significant step forward in company climate-change strategy PERRYSBURG, Ohio (May 13, 2024) – O-I Glass, Inc. (“O-I Glass”, “O-I” or the […]
O-I Glass Reports First Quarter 2024 Results
PERRYSBURG, Ohio (April 30, 2024) – O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the first quarter ended March 31, 2024. Net sales were $1.6 billion in the first quarter of 2024 compared to $1.8 billion in the prior year reflecting slightly lower average selling prices and a 12.5 percent decline in […]
O-I Holds Topping-Off for its All New MAGMA Facility in Bowling Green, KY
PERRYSBURG, OH/BOWLING GREEN, KY, April 25, 2024 – O-I Glass, Inc. (“O-I Glass” or “O-I”) achieved a major milestone in the initial construction of its glass packaging production facility in Bowling Green, KY. To recognize this key milestone, the company hosted a “Topping-Off” event to commemorate the placement of the final beam. The event was […]
O-I Colombia ranked 7th in ‘Great Place to Work: Best Workplaces for Women’
O-I Colombia strikes again in the local Great Place to Work rankings! The company came in 7th in the “Best Workplaces for Women” category among companies with 301 to 1,500 employees. Another great achievement that follows O-I Colombia’s 11th position in the country’s overall Great Place to Work listing. “We are honored to be recognized […]
O-I Glass Sustainably Transformed and Expanded Zipaquira, Colombia, Plant
Significant advances in sustainability, flexibility and productivity Investment of approximately $120 Million Approximately 100 new jobs in the region PERRYSBURG, OH/ZIPAQUIRA, COLOMBIA (April 17, 2024) – O-I Glass, Inc. (“O-I Glass” or “O-I”) recently completed a major transformation of its Zipaquira, Colombia manufacturing site investing approximately $120 Million to upgrade the sustainability, flexibility, and […]
O-I Glass and Revino Close the Loop with Returnable Glass Wine Bottles
When the founders of Revino were looking to partner with a manufacturer to create returnable glass wine bottles for their new business winery partners, they found shared sustainability values with local access in O-I Glass. More than three dozen small wineries in Oregon plan to use Revino’s closed loop system for wine bottles. Through O-I […]
O-I Glass Drinktainer™ Enters RTD Market
Right Coast Spirits Italian Ice to be first brand packed in Drinktainer™ via O-I and FX Matt contract packing collaboration Release pairs the sleek, modern design of Drinktainer™ with refreshing, vodka based RTD (Ready-to-Drink) beverage PERRYSBURG, Ohio, April 9, 2024 — O-I Glass, Inc. (“O-I Glass” or “O-I”), along with F.X. Matt and Right Coast […]
O-I Glass Appoints Gordon Hardie as Chief Executive Officer
PERRYSBURG, Ohio, April 4, 2024 – O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that its Board of Directors (the “Board”) has appointed Gordon J. Hardie, current O-I Board member, as the Company’s next Chief Executive Officer, effective the later of May 15, 2024 or the date Gordon is issued his work-authorized […]