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O-I Glass Inc - OI STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect O-I Glass's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of O-I Glass's position in the market.

Rhea-AI Summary
O-I Glass recently completed a $120 million transformation of its Zipaquira, Colombia manufacturing site to enhance sustainability, flexibility, and productivity. The investment includes a new furnace with oxy/fuel combustion and waste heat recovery technology, reducing CO2 emissions by up to 15% per ton produced. Approximately 100 new jobs were created, aligning with O-I's sustainability strategy and commitment to reducing greenhouse gas emissions by 25% by 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
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none
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Rhea-AI Summary
O-I Packaging Solutions and Revino introduce returnable, reusable glass wine bottles to promote sustainability in the wine industry. The partnership aims to lower barriers to glass bottle reuse, with over 2.4 million bottles produced locally in Oregon. The initiative supports a circular economy, reduces emissions, and encourages durable packaging for wine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
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none
-
Rhea-AI Summary
O-I Glass, Inc. announces a new decarbonization initiative in Ireland, reducing CO2 emissions by 75% through the use of hydrotreated vegetable oil (HVO) for transportation. This move aligns with O-I's sustainability goals and showcases its commitment to innovative solutions for a greener future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
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none
Rhea-AI Summary
Right Coast Spirits Italian Ice will be the first brand to be packed in DrinktainerTM through the collaboration between O-I Glass, Inc., F.X. Matt, and Right Coast Spirits. The partnership aims to offer a unique drinking experience with Lemon Vodka Freeze and Cherry Vodka Chill hitting shelves in April.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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none
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Rhea-AI Summary
O-I Glass, Inc. appoints Gordon J. Hardie as the new CEO, announces retirement of Board Chair, and nominates two new independent directors. Gordon brings over 35 years of global leadership experience, previously serving as President, Food & Ingredients at Bunge The Board expresses confidence in Gordon's ability to lead the company into its next phase of innovation and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.72%
Tags
management
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Rhea-AI Summary
O-I Glass, Inc. (OI) announces its first quarter 2024 conference call and webcast scheduled for May 1, 2024, at 8 a.m. EDT. Earnings presentation materials will be available on the company's website. The webcast will be archived until May 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.72%
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Rhea-AI Summary
O-I Glass partners with Sustainable Wine Roundtable to enhance sustainability in the wine industry by reducing bottle weight.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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none
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Rhea-AI Summary
O-I Glass, Inc. has been selected by the U.S. Department of Energy for award negotiations for up to $125 million in funding to implement decarbonization projects. The Glass Furnace Decarbonization Technology project aims to reduce scope 1 carbon dioxide emissions by 40% across four furnaces by implementing five cutting-edge furnace technologies simultaneously.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
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none
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Rhea-AI Summary
O-I Glass, Inc. announces CEO succession planning as Andres Lopez retires after a 40-year career. The Board is actively searching for his successor to continue the company's transformation and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.74%
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none
Rhea-AI Summary
O-I Glass, Inc. to participate in BofA Securities 2024 Global Agriculture and Materials Conference. CFO to present at 1:20 p.m. ET. Webcast available. Slides to be posted on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
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conferences
O-I Glass Inc

NYSE:OI

OI Rankings

OI Stock Data

2.38B
151.21M
1.33%
98.21%
2.8%
Glass Container Manufacturing
Manufacturing
Link
United States
Perrysburg

About OI

owens-illinois, inc. (nyse: oi) is the world's largest glass container manufacturer and preferred partner for many of the world's leading food and beverage brands. the company had revenues of $6.8 billion in 2014. following the acquisition of vitro's food and beverage business, the company now employs approximately 27,000 people at 81 plants in 23 countries. with global headquarters in perrysburg, ohio, usa, o-i delivers safe, sustainable, pure, iconic, brand-building glass packaging to a growing global marketplace. for more information visit o-i.com. o-i’s glass is life™ movement promotes the widespread benefits of glass packaging in key markets around the globe. learn more about the reasons to choose glass and join the movement at glassislife.com