O-I Glass targets US, UK glass packaging markets in new US$680m growth investment plans

US – O-I Glass, one of the world’s largest glass packaging manufacturing companies, has announced plans for global investments worth up to US$680 million, as it looks to expand its glass packaging capacity.  The new investment will enable the Perrysburg, Ohio-based company to focus on its expansion of premium products across the US and UK.   O-I also plans to assign a significant portion of the investment into expanding its production capacity. The company plans to add up to 700,000 tons of extra glass packaging capacity through this initiative.  Regionally, O-I revealed that the…

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O-I Glass collaborates with Krones to create solutions for the glass packaging market

GERMANY – Owens-Illinois Inc (O-I Glass), a company that specializes in container glass products, and Krones, a packaging and bottling machine manufacturer, have signed a strategic collaboration agreement that will see the two companies work together to create solutions for the glass packaging market. According to a joint statement from the companies, this partnership combines O-I’s specialised knowledge of glass with Krones’ competence in manufacturing machines and filling lines for the food and beverage industries. “For O-I, glass is the preferred packaging solution in a world that increasingly values health,…

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