O-I GLASS INC. overview

O-I completes full allocation of $690 Million due 2031, issued by Owens-Brockway Glass Container, Inc. O-I completes full allocation of €600 Million due in 2028, issued by O-I European Group B.V. Allocations mark another significant step forward in company climate-change strategy PERRYSBURG, OH / ACCESSWIRE / May 16, 2024 / O-I Glass, Inc. ("O-I Glass", "O-I" or the "Company") announced that the Company has completed full allocation of the proceeds from its second round of Green Bond offerings...

Approximately 75 Percent CO2 Reduction for O-I Transport in Ireland NORTHAMPTON, MA / ACCESSWIRE / April 11, 2024 / O-I Glass, Inc. In another stride toward innovating a path to a more sustainable future, O-I Glass is set to significantly reduce its CO 2 emissions in the UK, particularly in Ireland, by implementing a new decarbonization initiative targeting transportation emissions. Commencing from April 1, 2024, transport-related CO 2 emissions for spirits bottles produced in Alloa, Scotland,...

PERRYSBURG, OH / ACCESSWIRE / 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 decarbonization project was selected as one of 33 projects across more than 20 states to receive up to a total of $6 billion to demonstrate...

NORTHAMPTON, MA / ACCESSWIRE / February 22, 2024 / Recycled glass is valuable for glass manufacturers. It is one of the four main ingredients in creating new glass bottles and jars. O-I Glass aspires to make glass recycling available in 100% of the communities where we operate. We are getting creative to build glass recycling programs to support our communities, and Glass4Good has been one of our most successful programs. "Glass is a very unique material," said Bob Hippert, Sustainability...

Major advances in sustainability, flexibility, and productivity €55 million for the plant in Gironcourt-sur-Vraine; €40 million for Reims PERRYSBURG, OH and VAULX-EN-VELIN, FRANCE / ACCESSWIRE / February 21, 2024 / O-I Glass, Inc. O-I Glass, Inc (NYSE:OI) announced today the company is investing €95 million into two of its French glass packaging production facilities. As a continuation of its modernization investment program, these significant investments aim to upgrade the sustainability,...

O-I expands use of carbon-lowering heat recovery system at its French operations with a new system installed at the Veauche Plant, expanding the use of existing heat recovery at other O-I plants in France Repurposed heat in Veauche will provide up to 94 percent of plant's heating needs Heat recovery in Veauche is another advancement in O-I's sustainability and decarbonization strategy PERRYSBURG, OH and VAULX-EN-VELIN, FRANCE / ACCESSWIRE / February 16, 2024 / O-I Glass, Inc. ("O-I Glass" or...

Estampe, by O-I, weighs about 390g, well below the average of typical wine bottles in the French market The Estampe bottle has a reduced carbon footprint - about 25% less carbon emissions compared to conventional 500g wine bottles Carbon footprint and reduction plan validated by Carbon Trust PERRYSBURG, OH / ACCESSWIRE / February 14, 2024 / O-I Glass, Inc. ("O-I Glass" or "O-I") has announced the launch of a lightweight glass wine bottle with reduced carbon impact in the French market, the...

NORTHAMPTON, MA / ACCESSWIRE / December 7, 2023 / O-I Glass, Inc. O-I's Reims, France, plant is delivering champagne bottles to nearby customers with trucks powered by grapeseed and fryer oil. The grapeseed oil is harvested in the Marne and Aubre regions of France and the fryer oil comes from the Paris region. Leveraging biofuels in the transportation of our bottles results in a 60% CO2 emissions savings compared to diesel fuel and 80% less fine particle emissions. "To be effective, our...