Loading…
Owens-Illinois is installing a new furnace at its Vitória de Santo Antão glass bottle plant in Pernambuco, Brazil, adding 200 million glass bottles a year with R$300 million of investment, due for completion by early 2026.
Owens-Illinois announced an R$300 million investment to expand its glass bottle factory in Vitoria de Santo Antao, Pernambuco, Brazil, creating 100 new jobs on top of 165 existing ones. A letter of intent was signed with the state government.
Owens-Illinois plans to invest US$120 million to add three new lines at its Lurín plant near Lima, raising capacity by 25%. The project also moves the Bellavista factory to the southern Lima site, with first production expected from June 2023.
Owens-Illinois will invest $180 million in two new glass packaging factories in Brazil, starting operations in the third quarter of 2023 and adding more than 650 million units per year of capacity; exact locations are still being discussed.
Owens-Illinois signed an agreement in principle with Groupe Bellemare to produce bottles from curbside recycled glass at a new Quebec recycling facility. The deal depends on a Quebec regulation change banning glass in landfills.
O-I completed its acquisition of Nueva Fabrica Nacional de Vidrio (Nueva Fanal) from Grupo Modelo for about US$188 million. The plant near Mexico City has four furnaces producing about 300,000 tons of glass containers a year.
Owens-Illinois agreed to acquire Nueva Fanal, a glass container plant near Mexico City, from Grupo Modelo for about $188 million in cash. The plant produces roughly 300,000 tons of glass containers a year, and the deal is expected to close during 2019.
In March 2019 Owens-Illinois announced an investment of more than $60 million to expand its plant in Gironcourt, France, to broaden its premium segment presence and increase capability.
Owens-Illinois (O-I) acquired a just over 49.7% interest in Empresas Comegua S.A., Central America's leading glass container maker, from a subsidiary of Vitro for $119 million.
Beverage company Reed's signed multi-year contracts with Owens-Illinois, which will be its exclusive North American glass container supplier, and R.C. Moore, its primary logistics partner. The deals were announced on December 5, 2017.
Reed's Inc. signed a multi-year contract naming Owens-Illinois its exclusive glass container supplier. The company expects lower glass costs starting in early 2018.
Owens-Illinois will build a fifth glass furnace at its Nava plant in northeastern Mexico to supply beer bottles to Constellation's adjacent brewery, an expansion estimated at about $140 million, financed equally by both partners.
Owens-Illinois extended its 50-50 joint venture with Constellation Brands in Mexico by 10 years, continuing it until 2034, as reported on 1 November 2017.
