Ceramic Industry News

Venezuelan Government to Begin Transitioning Management of O-I Operations

In a recent meeting with the Venezuelan ministry of Science and Technology in Caracas, Owens-Illinois Inc. (O-I) learned that the government plans to transition management of the company’s operations to government control. Government officials were expected to arrive at O-I’s plants in Los Guayos and Valera on October 28 to begin the transition process. At this time, no agreement has been reached between the government and the company.

“Although we have not reached an agreement with the government, we will comply with the laws and directives we have been given,” said Al Stroucken, chairman and CEO. “The safety and well-being of our employees is of the utmost importance to us. Glassmaking is a highly specialized, complex and technical industry, and we are concerned by government plans to manage the operations without having the appropriate level of expertise. We also are concerned about the continuity of supply to customers in critical segments like food and beverage.”

O-I is fully cooperating with the Venezuelan government throughout the transition and remains committed to complying with all laws and regulations, including environmental and safety rules.

For additional details, visit www.o-i.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

October 2014 Issue Highlights

Our October 2014 issue is now available!

Posted: January 29, 2015

Podcasts

Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI March 2015 cover

2015 March

We're focusing on thermal processes and decorating in this issue. Check it out!

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!