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2006-10-03 News Release

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Emerging Peruvian market gets new glass containers site

The new glass containers manufacturing plant, located just south of Lima, will provide for the Peruvian food and beverage markets.

A new glass containers manufacturing facility in Lurin, Peru, will be constructed by Owens-Illinois, Inc. (O-I) and is based on existing and growing demand in the local glass container market and region.

This $34 million investment will use existing O-I, machinery, equipment and technologies from around the world.

Construction will begin in October 2006 with the plant expected to be operational in the second half of 2007. This will further realign O-I's global footprint with demand in its fastest growing region in Latin America.

Find Information and Suppliers of glass containers.

O-I glass containers, healthcare packaging and specialty closure systems, with leading positions in Europe, North America, Asia Pacific and Latin America, deliver many of the world's best-known consumer products to people all around the world.

"This project allows us to construct a world class, low-cost facility by redeploying O-I machines and equipment idled by capacity rationalizations in other regions, in order to deliver on our strategy to grow with emerging economies like Peru. This capacity has been in our plans for some time, is on strategy and is consistent with our cash oriented plans. It's an excellent platform to grow with our brand partners in the region as well," said Rich Crawford, president, O-I Latin America Glass.

The new facility, in a district south of Lima, will replace production currently being imported from other countries and regions to support local demand, which has exceeded current capacity. The plant will manufacture glass containers for the Peruvian food and beverage markets.

At present, the Company operates one facility in Peru.

Find information about Owens-Illinois.

Read a recent press release about - Joint venture creates new company O-I Plastics Malaysia Sdn Bhd to manufacture, sell and distribute specialty plastics molded parts, assemblies and filled goods throughout Asia.

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