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Basis of Presentation
6 Months Ended
Jun. 30, 2011
Basis of Presentation  
Basis of Presentation

1. Basis of Presentation

 

The Company is a 100%-owned subsidiary of Owens-Illinois, Inc. (“OI Inc.”).  Although OI Inc. does not conduct any operations, it has substantial obligations related to outstanding indebtedness and asbestos-related payments. OI Inc. relies primarily on distributions from its direct and indirect subsidiaries to meet these obligations.