O-I CEO, Andres Lopez, says its MAGMA technology represents the future of glass manufacturing.

The world’s largest container glassmaker has already completed a number of milestones at its pilot plant in the USA.

The technology has been expanded to a plant in Germany which should be operational at the end of this year.

Speaking during its full year 2019 results last week, Mr Lopez said: “The technology should enable dramatic reductions in capital intensity, improve speed to market and significantly enhance flexibility.”