O-I Glass Inc

OI: XNYS (USA)
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$51.00YmmljcVzyqshyv

Aluminum Is Taking Share From Glass, but O-I's 2020 Is Shaping Up Stronger Than Expected

Business Strategy and Outlook

O-I Glass is one of the world's largest glass container manufacturers, with furnaces in North America, South America, Europe, Australia, and Asia. The firm turns molten glass into beer, wine, spirits, and food containers using standard and custom molds for a wide variety of customers. Diverse end uses and popularity among craft brewers should help to protect volume amid a decline in the popularity of mainstream beers. O-I's acquisition of Vitro broadens exposure to Latin America, one of the most profitable container regions in the world.

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