O-I GlassNYSE: OI

PERRYSBURG, Ohio, July 03, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2024 conference call and webcast for Wednesday, July 31, 2024, at 8 a.m. EDT. The Company's news release for the second quarter 2024 earnings will be issued after the market closes on Tuesday, July 30.

Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious Sustainability Goals Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious Sustainability Goals

Energy storage system at O-I's Alloa, UK, plant helps balance the grid, reduces peak load, optimizes the use of renewable electricity, and increases O-I's resilience against brownouts Energy storage system at O-I's Alloa, UK, plant helps balance the grid, reduces peak load, optimizes the use of renewable electricity, and increases O-I's resilience against brownouts

14-month data show treatment with setrusumab resulted in  a large, sustained 67% reduction in annualized fracture rate  and persistent median annualized fracture rate of 0.00 (p=0.0014)

Lower sales volumes impact O-I Glass' (OI) performance, thereby reflecting the current inventory destocking actions and weak consumer demand in a few markets.

O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?

PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 24, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that OI European Group B.V. (“OIEG”, “we,” “us” and “our”), a private limited liability company incorporated under the laws of the Netherlands and an indirect wholly owned subsidiary of the Company, has announced the results of its previously announced tender offer (the “Offer”) to purchase for cash any and all of OIEG's outstanding €500 million aggregate principal amount (approximately $539 million based on the March 29, 2024 (the last business day in March 2024) exchange rate of €1.00 = $1.0777) of 2.875% Senior Notes due 2025 (the “Notes”).

PERRYSBURG, Ohio, May 20, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OBGC”), an indirect wholly owned subsidiary of the Company, priced a private offering (the “Offering”) of $300 million aggregate principal amount of its 7.375% senior notes due 2032 (the “Notes”) at par. The net proceeds to OBGC from the Offering are expected to be approximately $297 million, after deducting commissions but before offering expenses payable by OBGC.

PERRYSBURG, Ohio, May 20, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OBGC”), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, $300 million aggregate principal amount of its senior notes due 2032 (the “Notes”) in a private offering (the “Offering”) to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the “Securities Act”). OBGC's obligations under the Notes will be guaranteed on a joint and several basis by Owens-Illinois Group, Inc. (“OI Group”) and certain U.S. domestic subsidiaries of OI Group that are guarantors under OI Group's credit agreement.