O-I Glass (OI) provides business update

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O-I GLASS BUSINESS UPDATE

February 23, 2021 4:20 PM EST

PERRYSBURG, Ohio, Feb. 23, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE   

O-I Glass, Inc. (NYSE: OI) today provided a business update in advance of managements participation in the R.W. Baird 2021 Sustainability Conference on Wednesday February 24, 2021.  

The severe weather conditions that swept across the southern United States in recent weeks significantly impacted a number of our operations. Access to natural gas and electricity was curtailed which are key inputs for our business. As a result, the company temporarily idled eight facilities across Texas,... More