Liquibox (Now Part of Sealed Air) Launches Recycle-Ready Urn-Liner for Iced Tea and Coffee Beverage Dispensers

Rhea-AI Summary

Liquibox, now part of Sealed Air, has launched a new recycle-ready urn-liner product designed for quick service restaurants. This innovation features an all-polyethylene bag and a removable thermoplastic elastomer tube, making it compatible with recycling processes. The liners improve sanitation by reducing bacteria in beverages by 99%, enhancing food safety. Sealed Air has a commitment to sustainability, aiming for 100% recyclable or reusable packaging by 2025. In 2022, Sealed Air generated $5.6 billion in sales and employs around 16,300 people globally.

Positive

• Launch of recycle-ready urn-liner demonstrates commitment to sustainability.
• Liners reduce bacteria by 99%, enhancing food safety for consumers.
• Sealed Air plans to achieve 100% recyclable or reusable packaging by 2025.

Negative

• None.

CHARLOTTE, NC / ACCESSWIRE / March 6, 2023 / With many of the world's quick service restaurants pledging to be green by 2025 with improved packaging and recycling practices, Liquibox (now part of Sealed Air) met the need to develop a recycle-ready version of its well-known patented urn-liner product line.

The recycle-ready urn-liner is comprised of an all-polyethylene bag and adapter with a removable thermoplastic elastomer tube. The tube is easily separated from the bag's adapter so the mono-material bag can be recycled. This innovation makes Liquibox urn-liners compatible with recycling streams and reduces its ecological footprint, while still ensuring reliable product protection.

The disposable urn-liners cover the inside of metal beverage urns and decanters. Each liner is equipped with a tube that feeds through the urn spigot keeping the liquid product from coming in contact with the urn or spigot, which provides a safe, better-tasting beverage for consumers and operational efficiencies for store operators. Liquibox urn-liners are the ideal solution to meet the heightened demand for sanitation standards by reducing bacteria in beverages such as iced tea, iced coffee, and other non-carbonated drinks by 99%.

"Liquibox has been helping restaurants improve food safety with its original patented urn-liners for over 20 years," said Kevin Griffin, Liquibox Vice President of Sales North America. "With the new recycle-ready urn-liner, we aim to contribute to our company purpose of making our world better and to help customers get one step closer to reaching their sustainability goals."

About Liquibox

Founded in 1961, Liquibox is a global leader in liquid packaging and dispensing-working in partnership with customers to create a safer and more sustainable future. Liquibox is committed to delivering high-quality, innovative flexible packaging solutions that offer reliable product protection. Headquartered in Richmond, Virginia, the company is inspiring change around the world, working as one across 17 global locations powered by a dedicated workforce of nearly 1,400 employees. In 2023, Liquibox was acquired by Sealed Air.

About Sealed Air

Sealed Air (NYSE:SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we find it. Our automated packaging solutions promote a safer, more resilient, and less wasteful global food, fluids and liquids supply chain, enable e-commerce, and protect goods in transit from damage.

Our globally recognized solution brands include CRYOVAC^® food packaging, LIQUIBOX^® fluids and liquids systems, SEALED AIR^® protective packaging, AUTOBAG^® automated packaging systems, BUBBLE WRAP^® packaging, SEE Automation™ and prismiq™ digital packaging and printing.

Our partnership with customers creates value through sustainable, automated, and digital packaging solutions, leveraging our industry-leading expertise in materials, automation systems, engineering and technology.

Our SEE Net Positive Circular Ecosystem is leading the packaging industry in creating a more environmentally, socially, and economically sustainable future. We have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are committed to a diverse workforce and a caring, inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.

SEE generated $5.6 billion in sales in 2022 and has approximately 16,300 employees (not including Liquibox employees) who serve customers in 120 countries/territories. To learn more, visit sealedair.com.

Website Information

Sealed Air routinely posts important information for investors on our website, sealedair.com, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition, results of operations and cash flows. Forward-looking statements are subject to risks and uncertainties, many of which are outside our control, which could cause actual results to differ materially from these statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by such words as "anticipate," "believe," "plan," "assume," "could," "should," "estimate," "expect," "intend," "potential," "seek," "predict," "may," "will" and similar references to future periods. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding expected future operating results, expectations regarding the results of restructuring and other programs, expectations regarding future impacts resulting from the Liquibox acquisition, anticipated levels of capital expenditures and expectations of the effect on our financial condition of claims, litigation, environmental costs, contingent liabilities and governmental and regulatory investigations and proceedings.

The following are important factors that we believe could cause actual results to differ materially from those in our forward-looking statements: global economic and political conditions, including recessionary and inflationary pressures, currency translation and devaluation effects, changes in raw material pricing and availability, competitive conditions, the success of new product offerings, failure to realize synergies and other financial benefits from the acquisition of Liquibox within the expected time frames, greater than expected costs or difficulties related to the integration of Liquibox, consumer preferences, the effects of animal and food-related health issues, the effects of epidemics or pandemics, including the Coronavirus Disease 2019, negative impacts related to the ongoing conflicts between Russia and Ukraine and related sanctions, export restrictions and other counteractions thereto, changes in energy costs, environmental matters, the success of our restructuring activities, the success of our merger, acquisition and equity investment strategies, the success of our financial growth, profitability, cash generation and manufacturing strategies and our cost reduction and productivity efforts, changes in our credit ratings, the tax benefit associated with the Settlement agreement (as defined in our 2021 Annual Report on Form 10-K), regulatory actions and legal matters and the other information referenced in the "Risk Factors" section appearing in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and as revised and updated by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statement made by us is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation topublicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

View original news release here.

View additional multimedia and more ESG storytelling from Sealed Air on 3blmedia.com.

Contact Info:
Spokesperson: Sealed Air
Website: https://www.3blmedia.com/profiles/sealed-air
Email: info@3blmedia.com

SOURCE: Sealed Air

View source version on accesswire.com:
https://www.accesswire.com/742128/Liquibox-Now-Part-of-Sealed-Air-Launches-Recycle-Ready-Urn-Liner-for-Iced-Tea-and-Coffee-Beverage-Dispensers

FAQ

What is the new product launched by Sealed Air?

Sealed Air launched a recycle-ready urn-liner for iced tea and coffee beverage dispensers.

How does the recycle-ready urn-liner improve sustainability?

The urn-liner is made of all-polyethylene material which can be recycled, reducing waste.

What are the benefits of Liquibox's new urn-liner?

The new urn-liner reduces bacteria in beverages by 99%, ensuring better food safety.

What is Sealed Air's sales figure for 2022?

Sealed Air generated $5.6 billion in sales in 2022.

How many employees does Sealed Air have?

Sealed Air employs approximately 16,300 people globally.