O-I Glass Business Update 2022 Q2
PERRYSBURG, Ohio, June 07, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today provided a business update for the second quarter of 2022 in advance of participation in an investor conference. “The second quarter is progressing very well, and we now expect adjusted earnings will exceed our previous guidance range. […]
Paddock Enterprises, LLC Plan of Reorganization Confirmed by U.S. Court
PERRYSBURG, OH, May 27, 2022 (GLOBE NEWSWIRE) —Today, Paddock Enterprises, LLC (“Paddock”), a wholly owned subsidiary of O-I Glass, Inc. (“O-I Glass”), announced that an order confirming its Plan of Reorganization (the “Plan”) was entered by the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), paving way to the implementation of […]
Pennsylvania State Senator Cris Dush Presents O-I Brockway with ENERGY STAR® Certificate
Pennsylvania State Senator Cris Dush presented the ENERGY STAR® Certificate to O-I’s Brockway facility at a press conference in Brockport, Pennsylvania, today. State Representative Brian Smith was also in attendance. O-I Brockway earned the ENERGY STAR® certification in 2021 and is one of two Pennsylvania manufacturers included in the EPA’s “2021 Most Energy Efficient Manufacturing […]
O-I Glass Secures $1.3b of $1.5b Portfolio Optimization Target
PERRYSBURG, Ohio, May 12, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE A subsidiary of O-I Glass, Inc. (NYSE: OI) recently completed a sale and leaseback transaction for a plant located in Brampton, Ontario for CAD $244 million (approximately USD $191 million USD). “This sale is another significant milestone in our Portfolio Optimization program and builds […]
Long-Serving Directors Kelly and Hellman Retiring
David Clark of Cereal Partners Worldwide, S.A. Elected to O-I Board of Directors PERRYSBURG, Ohio, May 10, 2022 (GLOBE NEWSWIRE) — O-I Glass, Inc. (“O-I”) (NYSE: OI) today announced, after the conclusion of O-I’s Annual Meeting of Share Owners held earlier today, that Anastasia D. Kelly and Peter S. Hellman, are retiring from O-I’s Board […]
O-I Glass Reports First Quarter 2022 Results
PERRYSBURG, Ohio, April 25, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the first quarter ended March 31, 2022. “O-I reported strong first quarter results that significantly exceeded guidance and demonstrated our agility to navigate elevated market uncertainty and volatility. Shipments increased 6.4 percent […]
O-I Glass Announces First Quarter 2022 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, March 29, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2022 conference call and webcast for Tuesday, April 26, 2022, at 8 a.m. EDT. The Company’s news release for the first quarter 2022 earnings will be issued after the market closes on Monday, April […]
O-I Glass Leader Receives National Women in Manufacturing Award
PERRYSBURG, Ohio (March 1, 2022) – O-I Glass’ Monica Pacheco is among 130 women being recognized nationally by The Manufacturing Institute. Pacheco, a global glass science engineer at O-I’s World Headquarters in Perrysburg, Ohio, will receive a 2022 Science, Technology, Engineering and Production (STEP) Ahead Award on April 28,2022 in Washington, D.C. This prestigious award […]
ENGIE and O-I Drive Green Electricity Transformation in Europe
O-I Glass, Inc. (“O-I”) (NYSE: OI) and ENGIE’s business entity “Global Energy Management & Sales” reached a long-term agreement for ENGIE to initially provide an aggregate 4.3 TWh of renewable electricity to O-I sites in Europe. Over a ten-year period, ENGIE will supply O-I facilities in Europe with electricity generated from solar, wind and hydro […]
Owens-Brockway Glass Container Inc. Announces Early Tender Results of the Cash Tender Offer for Certain of its Outstanding Senior Notes
PERRYSBURG, Ohio, Feb. 25, 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 announced the early tender results of its previously announced tender offer to purchase for cash (the […]
