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O-I Glass Inc - OI STOCK NEWS

Welcome to our dedicated page for O-I Glass news (Ticker: OI), a resource for investors and traders seeking the latest updates and insights on O-I Glass stock.

About O-I Glass Inc

O-I Glass Inc (NYSE: OI) stands as the world’s largest manufacturer of glass containers, delivering pure and sustainable packaging solutions across the food and beverage industry. Employing advanced glass manufacturing technology and innovative production methods, the company produces iconic glass bottles and jars renowned for their safety, durability, and recyclability.

Global Operations and Market Footprint

With a diversified network of manufacturing facilities spanning multiple continents, O-I Glass ensures reliable production and supply across major markets such as Europe, North America, and South America. The company’s extensive global infrastructure not only supports large-scale distribution but also enables it to adapt to diverse local market needs while maintaining a consistent standard of excellence.

Operational Excellence and Technological Innovation

O-I Glass integrates cutting-edge technologies throughout its production process. From advanced furnace designs that incorporate fuel efficiency and emissions reduction technologies to AI-powered energy management systems optimizing facility performance, these initiatives highlight the company’s commitment to operational excellence. The thoughtful application of such technology facilitates improved energy efficiency and operational resilience, key attributes that define its manufacturing prowess.

Commitment to Quality and Sustainability

At the core of its business model, O-I Glass champions sustainability. Its extensive use of pure, recyclable materials positions glass packaging as an ecologically responsible choice, reinforcing the Glass is Life™ movement. Through continuous innovation and strategic capital investments in plant upgrades, the company underscores its dedication to reducing environmental impact while maintaining superior quality standards.

Versatile Applications and Market Segments

The company’s products cater to a wide range of applications beyond just beverages. O-I Glass is a trusted supplier for various segments including beer, wine, soda, spirits, and even condiments and food products. This versatility allows the company to meet evolving market demands and serve a broad customer base, from artisanal producers to multinational food and beverage giants.

Customer-Centric Approach and Brand-Building

O-I Glass prioritizes the unique needs of its clients by delivering packaging solutions that enhance brand identity and product integrity. Its commitment to quality, reliability, and sustainability helps customers build and maintain strong brands, fostering long-term partnerships grounded in trust and mutual success.

Competitive Landscape and Differentiation

Operating in a competitive global market, O-I Glass differentiates itself by combining scale, technical innovation, and a rigorous quality framework. The company’s focus on integrating advanced manufacturing technology with robust operational strategies enables it to consistently meet high-volume production requirements while addressing environmental and energy efficiency challenges.

Strategic Business Model

The business model of O-I Glass is built on leveraging its global reach and technological expertise to ensure operational resilience and industry responsiveness. By investing in sustainable production technologies and upgrading manufacturing processes, the company has crafted a model that not only supports current market needs but also reinforces its standing as a trusted provider of high-quality glass packaging solutions.

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O-I Glass is focused on promoting glass recycling to create new glass containers, emphasizing its sustainability benefits. The company aims to expand glass recycling programs to all communities where it operates, with a successful initiative called Glass4Good. Recycled glass is highlighted for its 100% recyclability, ability to be melted repeatedly without quality loss, and versatility in creating new containers with varying recycled content levels. This approach aligns with consumer and customer demands for increased recycled content, leading to a more sustainable manufacturing process with reduced energy consumption and emissions.
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O-I Glass, Inc (NYSE: OI) is investing €95 million into its French glass packaging production facilities in Gironcourt-sur-Vraine and Reims to enhance sustainability, flexibility, and productivity. The investments align with O-I's ESG roadmap and capital spending plan, focusing on modernization and innovation.
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O-I Glass, Inc. expands its sustainability efforts by installing a waste heat recovery system at its Veauche, France plant, aiming to supply up to 94% of the plant's heating needs. The project is supported by transformational funds from ADEME and technical expertise from ENGIE Solutions, aligning with O-I's goal to reduce total energy consumption by 9% globally.
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Estampe, by O-I, introduces new sustainable glass packaging solutions for the beauty and personal care industry, aiming to reduce environmental impact and meet growing consumer demand for eco-friendly products.
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O-I Glass, Inc. reported strong financial results for 2023, with net sales of $7.1 billion, a 4% increase from the previous year. The company also achieved adjusted earnings of $3.09 per share, exceeding expectations. However, the company reported a loss attributable to the company of $0.67 per share, mainly due to a $445 million charge for impairment of goodwill in the company’s North America reporting unit. The company's segment operating profit in the Americas and Europe showed mixed results. O-I expects 2024 adjusted earnings of $2.25 to $2.65 per share, down from 2023. The company also anticipates 2024 free cash flow to approximate $150 million to $200 million.
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O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2023 conference call and webcast for Wednesday, February 7, 2024, at 8 a.m. EST. The Company’s news release for the full year and fourth quarter 2023 earnings will be issued after the market closes on Tuesday, February 6.
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O-I Glass, Inc. (OI) is utilizing biofuels to power trucks delivering champagne bottles in Reims, France, resulting in significant CO2 and fine particle emissions savings. The company aims to transition all champagne bottle deliveries to this system within the next three years, showcasing its commitment to sustainable development and the circular economy.
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Owens-Illinois, Inc. (OI) announces partnerships in Brazil to increase post-consumer glass recycling and reduce consumer waste
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O-I Glass, Inc. (NYSE: OI) to participate in Citi’s 2023 Basic Materials Conference on November 29, 2023. CEO Andres Lopez and CFO John Haudrich to present at 10:15 a.m. ET. Live webcast and presentation slides available on the Company’s website.
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O-I Glass (OI) announces the launch of 'Cento per Cento Sicilia' bottles, promoting a sustainable solution to enhance the value of glass in the historic wine production area of Marsala, Sicily. The project aims to support a low-waste circular economy and contribute to the region's GDP, which sees one billion from the production of Sicilian wines. With more than 7000 winemakers and 500 bottlers operating annually, the initiative will lead a portion of the glass bottles production to follow a sustainable path, aligning with O-I's 2021 announcement to enhance the Sicilian wine market with locally sourced, sustainable glass containers.
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FAQ

What is the current stock price of O-I Glass (OI)?

The current stock price of O-I Glass (OI) is $10.53 as of April 9, 2025.

What is the market cap of O-I Glass (OI)?

The market cap of O-I Glass (OI) is approximately 1.5B.

What is the core business of O-I Glass Inc?

O-I Glass Inc is the world’s largest manufacturer of glass packaging solutions, specializing in producing high-quality glass bottles and jars for the food and beverage industry.

Which industries does O-I Glass serve?

The company primarily serves the food and beverage sector, including markets such as beer, wine, soda, spirits, and condiments, among others.

How does O-I Glass maintain its market position?

Through a combination of advanced manufacturing technologies, a robust global operational network, and continuous investment in sustainability and process innovations, O-I Glass secures a competitive edge.

What technological innovations are used by O-I Glass?

The company employs state-of-the-art furnace technology, AI-powered energy management systems, and advanced production methodologies that improve energy efficiency and product quality.

How is sustainability integrated into their production process?

O-I Glass uses pure, recyclable materials and continuously upgrades its facilities with energy-efficient and emissions-reducing technologies, embodying a strong commitment to sustainability.

Where does O-I Glass operate globally?

Headquartered in Perrysburg, Ohio, O-I Glass operates multiple production facilities across Europe, North America, and South America, ensuring broad market coverage and supply reliability.

What sets O-I Glass apart from its competitors?

Its unmatched scale, investment in advanced manufacturing technologies, and dedication to sustainability and quality make O-I Glass a distinct and trusted partner in the glass packaging industry.

How do O-I Glass products support brand building?

By delivering consistent, high-quality, and sustainable packaging solutions, the company helps clients enhance their brand image and ensure the safety and integrity of their products.
O-I Glass Inc

NYSE:OI

OI Rankings

OI Stock Data

1.47B
151.79M
2.1%
100.66%
3.66%
Packaging & Containers
Glass Containers
Link
United States
PERRYSBURG