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Company News

August 8, 2022
O-I Glass Completes Sale-Leaseback of Vernon, CA Property
Completes Full $1.5 Billion Portfolio Optimization Program PERRYSBURG, Ohio, Aug. 08, 2022 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) today announced the completion of a sale and leaseback transaction for its plant located in Vernon, California. The $181million agreement includes a long-term
August 2, 2022
O-I Glass Reports Second Quarter 2022 Results
PERRYSBURG, Ohio, Aug. 02, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE      Strong second quarter results exceeded guidance Delivered on key transformation commitments including resolution of legacy asbestos liabilities Management i ncreased full - year 2022 financial outlook O-I Glass, Inc.
July 28, 2022
O-I Glass to Build New Glass Plant in Bowling Green, KY
Perrysburg, Ohio, July 28, 2022 (GLOBE NEWSWIRE) -- Follows strong consumer trend towards sustainable packaging Latest innovation in hi-tech and sustainable glass manufacturing   First purposely-built MAGMA facility at O-I Aligns with expansion plan for profitable growth Up to $240 million
July 18, 2022
O-I Glass Subsidiary, Paddock Enterprises, LLC, Emerges from Chapter 11
Perrysburg, OH, July 18, 2022 (GLOBE NEWSWIRE) -- Paddock Enterprises has emerged from Chapter 11 protection Funding of a $610 million Asbestos Trust is complete Final and fair resolution of Paddock’s asbestos-related legacy liabilities O-I Glass, Inc. (“O-I Glass”) today announced that its wholly
July 6, 2022
O-I Glass Announces Second Quarter 2022 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, July 06, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2022 conference call and webcast for Wednesday, August 3, 2022, at 8 a.m. EDT. The Company’s news release for the second quarter 2022 earnings will be issued after
June 7, 2022
O-I GLASS BUSINESS UPDATE
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
May 31, 2022
O-I Glass CFO to Present at Deutsche Bank 13th Annual Global Materials Conference
PERRYSBURG, Ohio, May 31, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced the Company will participate in Deutsche Bank 13 th Annual Global Materials Conference on Wednesday, June 8, 2022. O-I Glass Chief Financial Officer John Haudrich will present at
May 27, 2022
Paddock Enterprises, LLC Plan of Reorganization Confirmed by U.S. Court
PERRYSBURG, OH, May 27, 2022 (GLOBE NEWSWIRE) -- Plan of Reorganization confirmed by U.S. Bankruptcy Court  Plan received overwhelming support of Paddock’s asbestos Claimants with more than 99 percent voting in favor  The O-I Glass subsidiary expects to emerge from Chapter 11 in mid-2022  Today,
May 12, 2022
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).
May 10, 2022
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.