(OI) O-I Glass - Ratings and Ratios

O-I Glass, Inc. (NYSE:OI) is a leading global manufacturer of glass containers, serving food and beverage manufacturers across the Americas, Europe, and other international markets. The company specializes in producing glass packaging for a wide range of products, including alcoholic beverages such as beer, spirits, and wine, as well as soft drinks, teas, juices, and pharmaceuticals. O-I Glass also offers glass containers in various sizes, shapes, and colors, catering to diverse customer preferences. Its products are sold directly to customers under annual or multi-year supply agreements, as well as through distributors. Founded in 1903 and headquartered in Perrysburg, Ohio, the company has established itself as a key player in the glass packaging industry, emphasizing sustainability and innovation in its operations.

The company operates in a competitive market where material substitution, particularly from plastic and aluminum, poses a challenge. However, O-I Glass has been investing in advanced manufacturing technologies and sustainable practices to maintain its market position. Its focus on reducing energy consumption and carbon emissions aligns with global sustainability trends, potentially enhancing its appeal to environmentally conscious consumers and regulators.