Glass Packaging Manufacturer Owens-Illinois to Invest R$ 1 Billion in New Factory Construction

Written by Roberta Souza

Published on 14/10/2021 at 16:36

Fábrica da Owens-Illinois/ Fonte: Exame

Seja o primeiro a reagir!

The Construction of the New Factories of the American Multinational Is Part of a Package of US$ 180 Million Dedicated Between 2022 and 2024 to Increasing Production.

The world’s largest glass packaging manufacturer, the American multinational Owens-Illinois (O-I), will invest around R$ 1 billion in the construction of two new factories in Brazil, marking the first effective capacity expansion movement in the local industry in the last ten years. The information was reported on Friday (6) by the newspaper Valor Econômico. Also read this news: Pharmaceutical Company Will Invest R$ 70 Million in the Construction of a New Factory in Minas Gerais

Investment Package of the American Multinational

According to the website AMANHÃ, Owens-Illinois’ investment is part of a package of US$ 680 million that the multinational will dedicate, between 2022 and 2024, to increasing production in markets facing supply constraints and to introducing a technology that transforms the glass production process. According to the article, currently between 10% and 15% of Brazilian demand for bottles is met by imports.

“The factories will start producing in the third quarter of 2023 and, by summer, the market will have returned to balance”, said the company’s president for South America, Hugo Ladeira, to Valor. The two new units will be located in the Rio-São Paulo axis and the Southern region, but the exact location is still being discussed with customers.

ARTICLE CONTINUES BELOW

One of the New Factories May Be Built in the South

The goal of these discussions, according to the report, is to shorten the distance between the factory and the customer, since freight significantly impacts packaging costs – depending on the distance, it can cost more than the bottle or jar itself. The new production, which increases the total capacity of the Brazilian industry by 15% to 20%, or by more than 650 million units per year, is fully negotiated, and construction will begin between November and December.

The Brazilian Union of Viticulture (Uvibra) has been working to attract investors with the intention of bringing a new packaging factory to Rio Grande do Sul, where 90% of national production is concentrated. The first meeting occurred with a group of companies at that time. They had expressed interest in investing in Serra Gaúcha, due to the presence of gas pipelines in the region and the logistical ease of being near the largest wine production hub in Brazil. However, Uvibra stated to the Blog that it has not had negotiations with the American company.

Also Check: CAB Motors Will Invest R$ 100 Million in Building a New Jeep Factory in Santa Catarina

The governor of Santa Catarina, Carlos Moisés, met with businessmen from CAB Motors to discuss the establishment of a new jeep factory. The company that produces the Stark jeep intends to set up a plant in Imbituba, in the south of the state of Santa Catarina, with an investment of approximately R$ 100 million, which should generate 300 direct jobs.

Businessmen from the group were received to discuss the matter with the state’s executive head and secretaries. “We are excited about the project and want to be partners. We will form a working group to analyze the company’s conditions and try to bring this investment of the factory to Santa Catarina, which will bring more jobs and income,” said the governor. CAB Motors intends to set up its new factory in the Imbituba region, in the south of Santa Catarina, due to the Processing and Exporting Zone, which offers tax advantages. The working group to discuss with the company will be led by the State Secretariat of Sustainable Economic Development (SDE).

Glass Packaging Manufacturer Owens-Illinois to Invest R$ 1 Billion in New Factory Construction

The Construction of the New Factories of the American Multinational Is Part of a Package of US$ 180 Million Dedicated Between 2022 and 2024 to Increasing Production.

Investment Package of the American Multinational

One of the New Factories May Be Built in the South

Also Check: CAB Motors Will Invest R$ 100 Million in Building a New Jeep Factory in Santa Catarina

Family without running water in the interior of Ceará takes out a loan to drill an artesian well and discovers possible oil, but cannot use it, cannot sell it, and is left with a debt of R$ 15,000.

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

An analysis by NASA highlighted that the Great Wall of China and the Pyramids of Egypt are not visible to the naked eye from the International Space Station, and only one man-made structure is visible in this way.

Switzerland joins 8 countries to alleviate the crisis of travelers stranded in the Middle East with emergency migration measures and support for repatriation.

Starting at R$ 144,590 and featuring a 1.0 turbo engine and a complete ADAS package, the 2026 Hyundai Creta surpasses the Nivus, Pulse, and even the Kwid, advancing in the SUV rankings in Brazil.

They laughed for 20 years at Roy Hassell’s “junkyard,” but when the agricultural crisis closed the John Deere dealership in Hardin, Iowa, the parts barn saved crops and entire farms in the region.

Archaeologists find possible lost temple of Zeus in the ancient city of Limyra after decades of searching; the millennia-old structure buried under historical layers could redefine the religious map of Anatolia and reveal how the Greeks worshipped their gods outside the classical axis.

Glass Packaging Manufacturer Owens-Illinois to Invest R$ 1 Billion in New Factory Construction

The Construction of the New Factories of the American Multinational Is Part of a Package of US$ 180 Million Dedicated Between 2022 and 2024 to Increasing Production.

Investment Package of the American Multinational

One of the New Factories May Be Built in the South

Also Check: CAB Motors Will Invest R$ 100 Million in Building a New Jeep Factory in Santa Catarina

Family without running water in the interior of Ceará takes out a loan to drill an artesian well and discovers possible oil, but cannot use it, cannot sell it, and is left with a debt of R$ 15,000.

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

An analysis by NASA highlighted that the Great Wall of China and the Pyramids of Egypt are not visible to the naked eye from the International Space Station, and only one man-made structure is visible in this way.

Danish company creates the world’s first door made from fungi that grows in just two weeks, is fire-resistant, and promises to replace traditional wood in construction with nearly zero environmental impact.

More than 1,500 Chinese workers transformed an entire railway station in just one night and reduced a 7-hour journey to 90 minutes with a high-speed line of 200 km/h.

An Asian country has just divided its high-speed train megaproject into 17 independent works to accelerate the construction of the railway that will run through the entire country from north to south.

Couple builds earth house using hyperadobe technique and green roof without tarpaulin: the project uses gelmembrane, adobe partitions, and plaster with cactus slime, and the kitchen is already ready with a move planned in two months.

Switzerland has hidden more than 1,400 tunnels beneath the Alps to take trucks out of the mountains, and the result has already prevented hundreds of thousands of tons of CO2 without passengers noticing the difference.

Switzerland joins 8 countries to alleviate the crisis of travelers stranded in the Middle East with emergency migration measures and support for repatriation.

Starting at R$ 144,590 and featuring a 1.0 turbo engine and a complete ADAS package, the 2026 Hyundai Creta surpasses the Nivus, Pulse, and even the Kwid, advancing in the SUV rankings in Brazil.

They laughed for 20 years at Roy Hassell’s “junkyard,” but when the agricultural crisis closed the John Deere dealership in Hardin, Iowa, the parts barn saved crops and entire farms in the region.

Archaeologists find possible lost temple of Zeus in the ancient city of Limyra after decades of searching; the millennia-old structure buried under historical layers could redefine the religious map of Anatolia and reveal how the Greeks worshipped their gods outside the classical axis.