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 […]
O-I Glass CFO to Present at BofA Securities 2022 Global Agriculture and Materials Conference
PERRYSBURG, Ohio, Feb. 23, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced the Company will participate in BofA Securities 2022 Global Agriculture and Materials Conference on Thursday, March 3, 2022. O-I Glass Chief Financial Officer John Haudrich will present at 9:30 a.m. ET. A live webcast of the presentation […]
O-I Glass Subsidiary, Paddock Enterprises, LLC, Receives Court Approval of Disclosure Statement and Solicitation Process
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
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
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
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
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 […]
O-I Glass Announces Full Year and Fourth Quarter 2021 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, Jan. 05, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2021 conference call and webcast for Wednesday, February 2, 2022, at 8 a.m. EST. The Company’s news release for the full year and fourth quarter 2021 earnings will be issued after […]
O-I Glass Sells Cristar Tableware Business as Part of Its Ongoing Portfolio Optimization Program
PERRYSBURG, Ohio, Dec. 27, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI and “O-I”) today announced that a subsidiary of the company has entered into a definitive agreement to sell Cristar TableTop S.A.S. (“Cristar”) to Vidros Colombia S.A.S, an affiliate of Nadir Figueiredo S.A., a glass tableware producer based in Brazil. […]