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ENGIE and O-I Drive Green Electricity Transformation in Europe

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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

clear glass bottles

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 […]

O-I Glass Subsidiary, Paddock Enterprises, LLC, Receives Court Approval of Disclosure Statement and Solicitation Process

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PERRYSBURG, Ohio, Feb. 17, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Paddock Enterprises, LLC (“Paddock”), a wholly owned subsidiary of O-I Glass, Inc. (“O-I Glass”), today announced that it has received approval from the United States Bankruptcy Court for the District of Delaware (the “Court”) of its disclosure statement (“Disclosure Statement”) in connection with soliciting […]

Owens-Brockway Glass Container Inc. Commences Cash Tender Offer for Up To $250,000,000 Aggregate Purchase Price of Certain of its Outstanding Senior Notes

green glass bottles

PERRYSBURG, Ohio, Feb. 10, 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 commenced an offer to purchase for cash (the “Tender Offer”) up to a maximum combined aggregate […]

O-I Glass Reports Full Year and Fourth Quarter 2021 Results

green glass bottles

PERRYSBURG, Ohio, Feb. 01, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE  O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2021. Full Year 2021 Results “We are pleased with O-I’s full year 2021 results, which rebounded strongly following the onset of the pandemic. Business […]

O-I Glass Recognized for Sustainable Advancements

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PERRYSBURG, Ohio (January 31, 2022) – O-I Glass, Inc. (“O-I Glass” or “O-I”) has received two significant acknowledgments for its continued Sustainability transformation. EcoVadis upgraded O-I’s rating to Silver (2021: Bronze), and Sustainalytics awarded O-I with an ESG Regional Top-Rated performer classification. “Our vision is to be the most innovative, sustainable, and chosen supplier for […]

O-I Glass Subsidiary Paddock Enterprises, LLC Files Chapter 11 Plan of Reorganization and Disclosure Statement

green glass bottles

PERRYSBURG, Ohio, Jan. 12, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced that its wholly owned subsidiary, Paddock Enterprises, LLC (“Paddock”), has filed its Plan of Reorganization (the “Plan”) and related disclosure statement (“Disclosure Statement”) with the United States Bankruptcy Court for the District of Delaware (the […]

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