O-I Glass has announced a significant investment of approximately $150m to transform its manufacturing plant in Alloa, Scotland, UK. 

The project is intended to convert the plant into a technologically advanced facility with a substantial reduction in carbon dioxide (CO₂) emissions.  

The company's two-year plan includes a rebuild of the existing furnace with improved technology and sustainability measures such as gas-oxy combustion and increased use of renewable energy and recycled glass. 

In addition, O-I is constructing a new furnace equipped with the same technological advancements to enhance flexibility and support growth in its Spirits segment.  

These upgrades align with O-I's updated sustainability roadmap and capital spending plan, responding to anticipated market demand.  

The company aims to reduce its CO₂ emissions by 25% by 2030, with both furnaces expected to be operational in 2025, contributing to this goal. 

O-I chief sustainability and corporate affairs officer Randy Burns said: “Our vision is to be the most innovative, sustainable, and chosen supplier of brand-building packaging solutions. We create sustainable, innovative, brand-building glass packaging for brands around the world. 

"The Alloa plant transformation marks the next step in delivering our overall sustainability strategy."  

To support its gas-oxy furnaces, O-I Glass is collaborating with a supplier to establish an oxygen farm near the Alloa plant. 

According to the company, the advanced facility will separate air into oxygen, nitrogen, and argon, while also catering for the requirements of hospitals and other local manufacturing companies.   

O-I UK managing director Jim Rankine said: "We are proud that Alloa is also a prime example of transforming heritage into a state-of-the-art facility in the 21st century, and we are looking forward to continue serving our customers with sustainable glass."