O-I Glass Secures $125M Investment for Industrial Decarbonization

Perrysburg, Ohio-based O-I Glass, Inc. has been chosen by the US Department of Energy to receive a substantial $125 million investment to propel industrial decarbonization technologies forward. This funding, part of the Industrial Demonstrations Program, aims to support projects that will drive energy-intensive industries towards net-zero emissions while bolstering local economies and creating sustainable jobs. O-I Glass plans to rebuild four furnaces across facilities in California, Ohio, and Virginia, reducing carbon dioxide emissions by an estimated 48,000 metric tons annually. By implementing cutting-edge furnace technologies, the company aims to achieve a 40% reduction in emissions across the four furnaces. This project not only creates job opportunities but also emphasizes diversity, equity, and inclusion efforts by engaging underrepresented groups. O-I Glass remains committed to supporting communities through charitable contributions and investments in social needs, arts, education, and environmental impact. This initiative underscores O-I Glass's dedication to innovation-driven sustainability in glass packaging, aligning with the company's mission to be a leader in producing sustainable and recyclable packaging materials.