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Basis of Presentation
9 Months Ended
Sep. 30, 2014
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.