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 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 Packaging Solutions and Revino Roll Out Returnable, Reusable Glass Wine Bottles to Pacific Northwest
Returnable, reusable glass wine bottles support the wine industry’s drive towards improved sustainability Revino will partner with wineries, local and statewide legislators, and NGOs to lower the barriers to the widespread adoption of glass bottle reuse PERRYSBURG, Ohio and NEWBERG, Oregon, Apr 16, 2024 — O-I Packaging Solutions (“O-IPS”), along with Revino, announce the […]
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 […]
O-I GLASS ANNOUNCES FIRST QUARTER 2024 EARNINGS CONFERENCE CALL AND WEBCAST
PERRYSBURG, Ohio (April 3, 2024) – O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2024 conference call and webcast for Wednesday, May 1, 2024, at 8 a.m. EDT. The Company’s news release for the first quarter 2024 earnings will be issued after the market closes on Tuesday, April 30. What: O-I Conference Call […]
O-I Glass Joins Sustainable Wine Roundtable to Advise and Advance Global Wine Sustainability
O-I Glass will join wine industry leaders and stakeholders to create global standards for wine sustainability The Sustainable Wine Roundtable is an independent, non-profit roundtable for sharing best practices to advance sustainability O-I will be the first glassmaker, globally to join the Roundtable PERRYSBURG, Ohio (March 26, 2024) – O-I Glass, Inc. (“O-I Glass” […]
O-I Glass Selected by US Department of Energy to Receive $125 M Investment to Accelerate Industrial Decarbonization Technologies
PERRYSBURG, Ohio, March 25, 2024 – O-I Glass, Inc. (“O-I Glass” or “O-I”) was selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $125 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding as part of the Industrial Demonstrations Program (IDP). The O-I […]
O-I Glass Announces CEO Andres Lopez To Retire
Board Engaged in Search for CEO Successor PERRYSBURG, Ohio, March 06, 2024 (GLOBE NEWSWIRE) — O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that Andres Lopez will retire as Chief Executive Officer, effective May 15, 2024, following a nearly 40-year career with the Company. The Board has been working with an executive […]