O-I Glass, Inc. to Invest €95 Million to Upgrade Plants in Gironcourt and Reims

Specifications:

Name:

O-I Glass, Inc. to Invest €95 Million to Upgrade Plants in Gironcourt and Reims

Location:

France

Company:

O-I Glass, Inc.

Estimated Cost:

€95 Million

Source:

https://www.o-i.com/

Introduction:

O-I Glass, Inc announced investing €95 million into two of its French glass packaging production facilities. As a continuation of its modernization investment program, these significant investments aim to upgrade the sustainability, flexibility, and productivity of its operations in Gironcourt-sur-Vraine and Reims.

Features:

This investment is consistent with O-I’s recently updated ESG roadmap which is aligned with our previously announced capital spending plan. In Gironcourt, where the plant recently marked its 120th anniversary, €55 million will be invested in close cooperation with one of its key customers to rebuild a furnace and equip it with innovative GOAT technology (Gas Oxy Advanced Technology).

This innovative approach – already successfully implemented last year at the O-I plant in Vayres (France) – uses a mix of gas and oxygen to heat the furnace. In combination with a newly installed heat recovery system to pre-heat raw materials and recycled glass, the new installation is expected to reduce CO2 emissions by up to 18%.

In addition to the furnace upgrade, a production line at the plant will be modernized to further increase flexibility and capacity. An average of about 80% of the plant’s raw materials is comprised of scrap and locally recycled glass, underlining the circular and local nature of glass packaging. In Reims, O-I completed a €40 million investment for a major upgrade including the full renovation of one of the plant’s two furnaces and a production line, as well as the installation of all-new equipment. On top of multiple operational benefits, this also resulted in an overall energy reduction of about 5%.