Welcome to our dedicated page for Sealed Air news (Ticker: SEE), a resource for investors and traders seeking the latest updates and insights on Sealed Air stock.
Sealed Air Corporation (NYSE: SEE) is a global leader in packaging solutions, committed to creating a world that feels, tastes, and works better through innovation and sustainability. In 2023, the company generated $5.5 billion in sales, supported by approximately 17,000 employees serving customers in 115 countries.
Sealed Air’s operations are segmented into two main categories: Food Care and Product Care. The Food Care division offers food packaging products under brands like Cryovac®, Darfresh®, and OptiDure™, primarily targeting meat products. The Product Care division includes iconic brands such as Bubble Wrap®, Instapak®, Jiffy® mailers, and shrink film packaging systems designed for industrial and e-commerce applications.
The company’s portfolio of renowned brands ensures a safer, less wasteful food supply chain, protects valuable goods during global shipments, and enhances health through improved hygiene solutions. In recent years, Sealed Air has made significant strides in sustainability, achieving net sales of $1.33 billion in Q1 2024, and focusing on eco-friendly initiatives through the SEE Impact Report 2022.
Sealed Air is dedicated to sustainability, integrating automation, digital, and sustainable packaging solutions to help customers achieve their environmental goals. It pursues scalable solutions to promote circularity, prevent waste, and reduce reliance on natural resources. Collaborations and innovative technologies keep Sealed Air at the forefront of the packaging industry, ensuring high performance and sustainable growth.
For more information, visit www.sealedair.com.
Sealed Air emphasizes the importance of sustainable packaging strategies for protein products in light of increasing regulations and consumer preferences. Key points include:
- Utilization of recycled and alternative materials to reduce traditional plastic use.
- Maintaining operational efficiency while adopting sustainable options.
- Aligning packaging choices with consumer preferences for non-plastic solutions.
- Enhancing brand loyalty through high-quality packaging design.
- Proactively addressing regulatory changes affecting packaging materials.
Sealed Air positions itself as a comprehensive partner for businesses aiming to implement effective sustainability solutions across their packaging lifecycle.
OSARO collaborates with Sealed Air (SEE) to showcase their latest robotic and automated bagging solutions at ProMat 2023 in Chicago. The demonstration highlights OSARO's intelligent pick-and-place robotics integrated with AUTOBAG high-speed bagging systems, aimed at enhancing material handling and logistics. This partnership addresses escalating demand and labor shortages in e-commerce by offering automated, scalable solutions for fulfillment operations. OSARO's robotic systems promise improved efficiency and productivity in warehouses, enabling the handling of a wide range of products with minimal human intervention.
NORTHAMPTON, MA / ACCESSWIRE / March 14, 2023 / Sealed Air:
Sealed Air's latest podcast episode features Alessandra Faccin and Pauline Lewis discussing equity in honor of International Women's Day. Host Sonja Kurcz leads a dialogue on work-life balance, gender equality, and barriers women face in leadership roles. The 'Better Together' podcast aims to foster understanding and inclusion among employees by sharing personal stories and experiences. This initiative reflects Sealed Air's commitment to diversity, equity, and inclusion within the workplace.
Sealed Air (NYSE: SEE) announced its participation in the J.P. Morgan 2023 Industrials Conference on March 16, 2023, in New York City. The executive team, including President & CEO Ted Doheny, will present the company’s strategy to drive high-quality growth through its Reinvent SEE 2.0 initiative. The presentation will be webcast live, and interested parties can access it via SEE’s Investors homepage. Sealed Air generated $5.6 billion in sales in 2022 and employs around 16,300 people worldwide, offering innovative packaging solutions to enhance sustainability and efficiency across various sectors.
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.
SEE (NYSE: SEE) has declared a quarterly cash dividend of $0.20 per common share, payable on March 24, 2023, to stockholders of record as of March 10, 2023. This decision reflects the company's commitment to returning value to its shareholders amidst a strong operational framework.
In 2022, SEE generated $5.6 billion in sales, employing approximately 16,300 people across 120 countries. The company aims to advance its sustainability efforts, pledging to make all packaging materials recyclable or reusable by 2025 and achieving net-zero carbon emissions by 2040.
Sealed Air recently highlighted its commitment to diversity and inclusion through the Black Employee Network, now known as B-Advance. Employees Brenda Morris and Timi Fadiran discussed the network's role in fostering community and promoting Black employees' retention and advancement in the workplace. This initiative was showcased in Episode 7 of the company's "Better Together" podcast, which emphasizes employee stories that enhance understanding and respect. The podcast aims to encourage embracing diverse identities and promoting an inclusive work environment.
Sealed Air (NYSE: SEE) announced participation in the BMO Non-Deal Roadshow on February 15, 2023, in New York City. Key executives, including Ted Doheny, President & CEO, will discuss the company's advancements in automation, digital, and sustainability packaging solutions. SEE aims to evolve into a high-quality growth company, highlighted by the launch of Reinvent 2.0 and the acquisition of Liquibox. In 2022, SEE generated
SEE reported a decline in Q4 2022 net sales of $1.4 billion, down by 8% year-over-year, reflecting challenges across global markets, including an unfavorable currency impact. Net earnings fell 44% to $95 million, with earnings per share decreasing by 42% to $0.65. Full year 2022 net sales reached $5.6 billion, a 2% increase. The company completed its acquisition of Liquibox, enhancing its fluids and liquids business, set to grow over 10% of sales. SEE expects 2023 net sales between $5.85 and $6.10 billion and adjusted EBITDA of $1.25 to $1.30 billion, demonstrating confidence amid economic challenges.
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