American Management Assoc. FlexStudy programs

Blow-moulded plastics potential

Manufacturing News Center

The review is aimed at exploring all options in maximizing value to O-I investors.

"We are confident that our blow-molded plastic business is an attractive franchise and, like our global glass operations, has significant value. We believe there may be a number of ways for us to benefit our investors as a result of this strategic review," said Terry L. Wilkison, O-I executive vice president and general manager of the Plastics Group.

ACI Packaging, an affiliate of Owens-Illinois, announced in August that ABN AMRO is conducting a similar strategic review of its Australian and New Zealand plastics packaging businesses.

About ACI Packaging

ACI Plastics Packaging is one of Australasia's largest manufacturers of rigid plastic packaging products, serving local and regional markets.

About O-I

Owens-Illinois is the largest manufacturer of glass containers in North America, South America, Australia and New Zealand, and one of the largest in Europe. O-I also is a worldwide manufacturer of plastics packaging with operations in North America, South America, Europe, Australia and New Zealand. Plastics packaging products manufactured by O-I include consumer products (blow molded containers and injection molded closures) and prescription containers.

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Source: Owens Illinois

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