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Sealed Air Corp. - SEE STOCK NEWS

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.

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Alan Adams, SEE's Sustainability Director for the Asia Pacific region, is leading the drive for circularity in packaging. Through innovative solutions like recycled poly mailers and advanced recycling trials, SEE is making strides in sustainability.
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SEE (NYSE: SEE) to release first quarter 2024 results with Emile Chammas and Dustin Semach hosting investor conference call.
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Global packaging solutions provider SEE focuses on sustainability, innovation, and collaboration to drive growth and create value. The company integrates automation, digital, and sustainable packaging solutions, accelerates circularity, and emphasizes proactive collaboration. SEE's innovations aim to set new performance standards and drive sustainability and growth.
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SEE Introduces CRYOVAC Barrier Formable Paper for Sustainable Packaging, Promising 77% Plastic Reduction
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SEE to participate in the 2024 Raymond James 45th Institutional Investors Conference on March 5, 2024, in Orlando, FL. Emile Chammas and Dustin Semach will present a fireside chat. The event will be webcast live on SEE's Investors homepage.
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SEE Reports Q4 Net Sales of $1.4B, Down 2%; Net Earnings Up 32% at $125M. Full-Year 2023 Net Sales at $5.5B, Down 3%; Net Earnings Down 31% at $339M. Adjusted EBITDA Down 8% in Q4 and Down 9% in 2023. Cash Flow from Operations at $516M in 2023, Free Cash Flow Up 24% at $467M.
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SEE (NYSE: SEE) declares a quarterly cash dividend of $0.20 per common share, payable on March 22, 2024, to stockholders of record on March 8, 2024.
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Global packaging provider SEE introduces a biobased, industrial compostable tray for protein packaging, meeting eco-conscious demands. The CRYOVAC brand tray is USDA-certified with 54% biobased content derived from renewable wood cellulose, breaking down into organic material without toxic residue.
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Global packaging provider SEE is driving strategic initiatives to manage and reduce greenhouse gas emissions, committing to net-zero carbon dioxide emissions by 2040. The company has implemented sustainability workstreams focusing on energy efficiency, waste reduction, and renewable energy. SEE has also set science-based targets to reduce absolute Scopes 1 and 2 GHG emissions by 46% by 2030, receiving recognition for its climate efforts from CDP.
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Global packaging solutions provider SEE (NYSE:SEE) has developed a biobased, industrial compostable tray for protein packaging, replacing traditional expanded polystyrene (EPS) trays. The new CRYOVAC® brand tray is USDA-certified as having 54% biobased content and is designed to break down into organic material without leaving toxic residue. It will be introduced at the International Product & Processing Expo (IPPE) and has been tested to withstand rigorous manufacturing systems, extreme temperatures, and demanding shipping and distribution environments. SEE's commitment to sustainability is evident in its broader pledge to design recyclable or reusable packaging solutions, incorporate 50% recycled or renewable content, and collaborate on recycling technology and infrastructure.
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FAQ

What is the current stock price of Sealed Air (SEE)?

The current stock price of Sealed Air (SEE) is $35.9 as of November 22, 2024.

What is the market cap of Sealed Air (SEE)?

The market cap of Sealed Air (SEE) is approximately 5.2B.

What does Sealed Air Corporation specialize in?

Sealed Air Corporation specializes in sustainable packaging solutions, including food packaging, protective packaging, and automated packaging systems.

What are some of Sealed Air's notable brands?

Notable brands include Cryovac®, Bubble Wrap®, Darfresh®, OptiDure™, Instapak®, Jiffy® mailers, and AUTOBAG® automated packaging systems.

How does Sealed Air contribute to sustainability?

Sealed Air integrates automation, digital, and sustainable packaging solutions to enhance circularity, prevent waste, and reduce natural resource dependency.

What were Sealed Air's financial results for Q1 2024?

Sealed Air reported net sales of $1.33 billion, a 1% decrease from the prior year, with net earnings of $83 million, up 33%.

What are the two main business segments of Sealed Air?

The two main business segments are Food Care and Product Care, offering solutions for food packaging and industrial/e-commerce applications, respectively.

How many employees does Sealed Air have?

Sealed Air has approximately 17,000 employees serving customers in 115 countries.

What are some of Sealed Air's recent innovations?

Recent innovations include the Automated Tire Wrap Solution and BUBBLE WRAP® brand high-recycled content cushioning with circular resins.

Where can investors find more information about Sealed Air?

Investors can find more information on Sealed Air's website under the Investors section at www.sealedair.com/investors.

What is the SEE Impact Report?

The SEE Impact Report details Sealed Air's sustainability initiatives, innovations, and efforts in enhancing circularity and reducing environmental impact.

How does Sealed Air support the food industry?

Sealed Air supports the food industry through its Cryovac® brand food packaging solutions, which help extend shelf life and reduce food waste.

Sealed Air Corp.

NYSE:SEE

SEE Rankings

SEE Stock Data

5.22B
143.09M
1.15%
96.48%
3.65%
Packaging & Containers
Plastic Material, Synth Resin/rubber, Cellulos (no Glass)
Link
United States of America
CHARLOTTE