Latest news with #O-I
Yahoo
4 days ago
- Business
- Yahoo
O-I, GPI decry federal funding walkback for glass decarbonization projects
This story was originally published on Packaging Dive. To receive daily news and insights, subscribe to our free daily Packaging Dive newsletter. O-I Glass said Friday it is disappointed by the U.S. Department of Energy's announcement a week prior that it was terminating a more than $57 million award to the company. That money was supposed to go toward enhancements at the company's Zanesville, Ohio, glass manufacturing facility. 'The Zanesville project was designed to be a generational investment in American manufacturing, the state of Ohio, and to make our industry more competitive,' O-I Glass said in an emailed statement. 'With support from the DOE's Industrial Demonstrations Program, this pilot project aimed to integrate five proven, cutting-edge furnace technologies—waste heat recovery, gas/oxygen firing, batch and cullet pre-heating, and electric boost—into a single transformative system.' O-I said that this would have been 'the first time all five proven technologies were deployed together,' which the company said would have had energy reduction and economic benefits, and increased the use of recycled material. Specifically, the project could have added more than 300 contracting jobs and reduced emissions by 49%, also helping customers reach their scope 3 targets. O-I did not comment on the status of the project in the wake of the federal funding reversal. The company did, however, say in the statement it is 'evaluating all available options before the company due to this reversal.' 'O-I stands by the viability and potential impact of this project that was vetted and agreed upon by DOE's team of experts,' the company wrote. 'While the DOE's decision cites a shift in policy priorities and a reassessment of emissions accounting methodology, we believe the project remains aligned with the broader goals of strengthening domestic manufacturing, making American made products more competitive and sustainable.' O-I's project was one of 24 decarbonization awards on the chopping block in DOE's notice. Some others in the glass space were also affected, including Gallo Glass, which had planned to install a demonstration hybrid electric furnace at its Modesto, California, site, backed by a $75 million award. The list also extended far beyond glass; other companies affected included Exxon Mobil, Eastman, Kraft Heinz and Diageo. DOE said in its announcement that it 'found that these projects failed to advance the energy needs of the American people, were not economically viable and would not generate a positive return on investment of taxpayer dollars.' The Glass Packaging Institute railed against these cuts, what it called a 'surprising decision to abruptly terminate funding for multiple industrial decarbonization projects — including shovel-ready initiatives from U.S. glass manufacturers — while allowing projects from other material sectors, such as steel and aluminum to move forward.' 'Glass manufacturing recipients were informed that their projects did not 'effectuate current priorities' and lacked full-scope emissions modeling — despite providing shovel-ready, technologically sound, and financially responsible decarbonization strategies in support of the next generation of American manufacturing careers,' GPI said in an emailed statement. GPI said that other federal agencies have recognized the pressure domestic suppliers are under from Chinese competition. Such issues have previously prompted trade investigations by the U.S. Department of Commerce and International Trade Commission. 'Glass is an often overlooked American success story, and it's unacceptable to see vetted projects that advance American manufacturing competitiveness cut,' said GPI President Scott DeFife. 'The Department should lean into glass, not ignore it." GPI called on DOE to meet with industry stakeholders 'to ensure future opportunities reflect the full range of American manufacturing.' Recommended Reading DOE cancels $57M award for O-I Glass furnace project
Yahoo
06-05-2025
- Business
- Yahoo
Smurfit Westrock, GPI, Hood Container announced facility closures in April
O-I Glass announced on April 8 that it's considering changes to its business in France following a slowdown in the wine market, along with 'overcapacity and strong competition,' the company said in a press release. O-I is weighing operational adjustments at three different sites as well as at its French headquarters, and is considering ceasing production of one furnace at a plant in Vayres. It may also close its plant in Vergèze. Altogether, these actions could impact a net total of 320 positions.
Yahoo
28-03-2025
- Business
- Yahoo
O-I Glass Announces New Ambitious 2030 Sustainability Goals
NORTHAMPTON, MA / / March 28, 2025 / O-I Glass: Glass is already the most sustainable packaging material. Now, we're taking bold steps to further support its circularity and decarbonization by elevating our 2030 sustainability goals. "2025 is going to be a milestone year for O-I in sustainability," said Chief Administrative and Sustainability Officer Randy Burns at O-I's Investor Day on March 14, 2025. "This year, we are going to hit many of our sustainability goals that we initially set for 2030. Today, we will unveil a new set of even more ambitious sustainability goals." This accomplishment marks a pivotal moment for the company. Even as O-I focuses on radically reducing enterprise costs, we're raising the bar with updated sustainability targets for 2030, with 2019 as the baseline year. 47% reduction in GHG emissions 80% use of renewable electricity 60% use of cullet (recycled glass) on average These elevated goals not only put O-I on par with our competitors' stated goals but also align with a 1.5-degree pathway. Achieving Our Goals Our updated goals represent a significant increase from our previous targets. Specifically, we are raising our GHG emissions reduction goal from 25% to 47%, our renewable electricity goal from 40% to 80%, and our average cullet usage goal from 50% to 60%. To achieve these ambitious targets, we'll leverage several key strategies: Renewable Electricity: A substantial portion of our GHG reduction will come from increasing our use of renewable electricity. We primarily purchase Renewable Electricity Certificates (RECs) to green our electricity supply, and we are also working on several potential solar projects. Recycled Content: Increasing our cullet use will play a crucial role in reducing GHG emissions. We will continue to foster recycling ecosystems, particularly where infrastructure is weak or non-existent, like in parts of our American footprint. Energy Management: We've created an energy strike team to find and destroy energy waste across our network. This highly talented cross-functional strike team is already engaged with our facilities to support them in reducing energy consumption and improving energy efficiency, contributing to our GHG reduction goal. Technology Improvements: We will continue to implement advanced technologies such as GOAT furnaces, hybrid electric furnaces, and the DOE project in Ohio, USA. These innovations will help us achieve our sustainability targets. Aligning with the Paris Agreement The elevated sustainability goals reflect O-I's decisive action to better position the company as a leader in sustainable glass manufacturing. "The 47% GHG reduction aligns O-I with a 1.5-degree pathway," says O-I Sustainability Director Sonya Pump. "This aligns O-I with the target of the 2015 Paris Agreement to 'limit the temperature increase to 1.5 degrees Celsius above pre-industrial levels.' The idea is that keeping the temperature increase below 1.5 degrees should minimize extreme global warming effects." Increasing our cullet usage to 60% supports the circular economy by promoting the reuse of materials. The benefits of increased recycled content include: Energy Savings: Recycled glass melts at a lower temperature than raw materials, reducing the energy required in the manufacturing process and consequently lowering GHG emissions. Reduced Raw Material Usage: Using more recycled glass decreases the need for raw materials like sand, soda ash, and limestone, reducing GHG emissions related to using batch materials while also conserving natural resources and reducing the environmental impact of mining and transportation. Lower Carbon Footprint: Using recycled glass lowers the overall carbon footprint of glass production, as energy savings and reduced use of raw materials translate directly into fewer carbon emissions. Waste Reduction: Incorporating recycled glass into our manufacturing process helps divert glass waste from landfills, promoting a circular economy. Operational Efficiency: Using recycled glass can enhance operational efficiency by reducing wear and tear on furnaces and other equipment. This alignment ensures that we remain competitive and continue to lead the industry in sustainability. Positive Impact on Our Customers Our updated goals will also positively impact our customers. By aligning our ambitions with those of our customers, we demonstrate our commitment to supporting their sustainability objectives. "O-I is already leading the glass industry in delivering reductions of GHG emissions. Now, our more ambitious GHG, cullet and renewable electricity goals send a strong signal that we have no intention of slowing down," says Pump. Glass is 100% recyclable and endlessly recyclable. It does not cause end-of-life waste issues. Time and time again, glass proves it is the ideal packaging material to support a circular economy and the health of Earth's people. As a long-time leader in glass packaging, we see it as our responsibility to innovate our manufacturing process to support this material's circularity. Our ability to outpace and accomplish our previous goals and establish these updated goals is a testament to our mindset and sustainability vision. View additional multimedia and more ESG storytelling from O-I Glass on Contact Info: Spokesperson: O-I GlassWebsite: info@ SOURCE: O-I Glass View the original press release on ACCESS Newswire Sign in to access your portfolio
Associated Press
28-03-2025
- Business
- Associated Press
O-I Glass Announces New Ambitious 2030 Sustainability Goals
Glass is already the most sustainable packaging material. Now, we're taking bold steps to further support its circularity and decarbonization by elevating our 2030 sustainability goals. '2025 is going to be a milestone year for O-I in sustainability,' said Chief Administrative and Sustainability Officer Randy Burns at O-I's Investor Day on March 14, 2025. 'This year, we are going to hit many of our sustainability goals that we initially set for 2030. Today, we will unveil a new set of even more ambitious sustainability goals.' This accomplishment marks a pivotal moment for the company. Even as O-I focuses on radically reducing enterprise costs, we're raising the bar with updated sustainability targets for 2030, with 2019 as the baseline year. These elevated goals not only put O-I on par with our competitors' stated goals but also align with a 1.5-degree pathway. Achieving Our Goals Our updated goals represent a significant increase from our previous targets. Specifically, we are raising our GHG emissions reduction goal from 25% to 47%, our renewable electricity goal from 40% to 80%, and our average cullet usage goal from 50% to 60%. To achieve these ambitious targets, we'll leverage several key strategies: Aligning with the Paris Agreement The elevated sustainability goals reflect O-I's decisive action to better position the company as a leader in sustainable glass manufacturing. 'The 47% GHG reduction aligns O-I with a 1.5-degree pathway,' says O-I Sustainability Director Sonya Pump. 'This aligns O-I with the target of the 2015 Paris Agreement to 'limit the temperature increase to 1.5 degrees Celsius above pre-industrial levels.' The idea is that keeping the temperature increase below 1.5 degrees should minimize extreme global warming effects.' Increasing our cullet usage to 60% supports the circular economy by promoting the reuse of materials. The benefits of increased recycled content include: This alignment ensures that we remain competitive and continue to lead the industry in sustainability. Positive Impact on Our Customers Our updated goals will also positively impact our customers. By aligning our ambitions with those of our customers, we demonstrate our commitment to supporting their sustainability objectives. 'O-I is already leading the glass industry in delivering reductions of GHG emissions. Now, our more ambitious GHG, cullet and renewable electricity goals send a strong signal that we have no intention of slowing down,' says Pump. Glass is 100% recyclable and endlessly recyclable. It does not cause end-of-life waste issues. Time and time again, glass proves it is the ideal packaging material to support a circular economy and the health of Earth's people. As a long-time leader in glass packaging, we see it as our responsibility to innovate our manufacturing process to support this material's circularity. Our ability to outpace and accomplish our previous goals and establish these updated goals is a testament to our mindset and sustainability vision.
Yahoo
26-03-2025
- Business
- Yahoo
O-I Glass advances sustainable glassmaking with biofuel trial in UK
American glass manufacturer O-I Glass has completed a biofuel trial for sustainable glassmaking processes at its plant in Harlow, UK. The trial involved the use of biofuel in combination with advanced technologies such as cullet preheating to replace natural gas in the furnace. In a news release, O-I Glass said the trial demonstrated a "significant reduction" in greenhouse gas (GHG) emissions. This achievement is part of a broader initiative driven by Glass Futures, a UK-based research and development organisation. It also aligns with the UK government's 'Net Zero Innovation Portfolio' programme, which explores sustainable fuel alternatives for the industry. O-I Glass confirmed that large-scale usage of biofuel is technically viable at the Harlow facility, though full-scale implementation will depend on the availability and cost-effectiveness of biofuels in the future. O-I chief administrative and sustainability officer Randy Burns said: 'Our participation in this programme is a testament to our unwavering dedication to driving positive change in the industry. 'The successful completion of the trial in Harlow has proven the feasibility of alternative fuels and has the potential to open up exciting new opportunities for the industry. 'Glass is already recognised as the ideal sustainable packaging material, and our job is to integrate innovative approaches with efficient processes to further decarbonise glassmaking. By doing so, we aim to contribute to a more sustainable and economically viable future for the entire industry.' In another development, O-I Glass unveiled plans to install Linde's proprietary OPTIMELT thermochemical regenerator (TCR) technology at its glass container plant in Holzminden, Germany. This collaboration is expected to reduce fuel consumption and scope 1 carbon emissions significantly. The OPTIMELT TCR technology, which recovers waste heat from glass furnace flue gases to preheat and reform natural gas, is set to increase energy efficiency and reduce fuel consumption by approximately 30% compared to conventional furnaces. "O-I Glass advances sustainable glassmaking with biofuel trial in UK" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
