O-I expands presence in China and SEA

THE world's largest maker of glass packaging, Owens-Illinois, Inc., has entered into a joint venture with Thailand's Berli Jucker Public Company Limited (BJC) to significantly expand O-I's presence in China and Southeast Asia. The O-I and BJC joint venture has agreed to purchase Fraser & Neave Holdings Bhd's Malaya Glass operations for $221.7 million after consideration of debt and minority interests. O-I's portion of the purchase price was $132.4 million. The four Malaya Glass plants in Sichuan Province, China; Saraburi Province, Thailand; Johor Bahru, Malaysia; and Ho Chi Minh City, Viet Nam employ approximately 1,900 people and produce containers for the beer, non-alcoholic beverage and food markets. Malaya Glass sales in fiscal 2009 were $126 million. Following the acquisition, the operations in Malaysia and Viet Nam will be operated by a 50:50 joint venture by O-I and BJC. The acquired interest in the Chinese plant will be managed as part of O-I China's existing operations. BJC will assume majority ownership of the Thai operation. O-I Asia Pacific Regional Office T: +61 3 9236 2311 Email: AsiaPac.Enquiries@ap.o-i.com Web: www.o-i.com FPE253 Berli Jucker Public Company Limited T: +66 2 367 1111 F: +66 2 367 1000 Web: www.berlijucker.co.th FPE254Air Max 1 Ultra Flyknit