Welcome to our dedicated page for Sealed Air Cp news (Ticker: SEE), a resource for investors and traders seeking the latest updates and insights on Sealed Air Cp stock.
Sealed Air Corporation (NYSE: SEE) delivers innovative packaging solutions that protect goods, preserve food freshness, and advance sustainability across global supply chains. This news hub provides investors and industry stakeholders with verified updates on the company’s financial performance, product innovations, and environmental initiatives.
Access real-time announcements including quarterly earnings reports, strategic partnerships, and advancements in automated packaging systems. Explore coverage of SEE’s sustainable material developments under its Food Care and Product Care segments, featuring brands like Cryovac® and Bubble Wrap®.
Key updates include progress toward circular economy goals, new packaging technologies for e-commerce, and operational efficiency milestones. Content is curated to help users track market positioning, regulatory compliance efforts, and R&D investments without promotional bias.
Bookmark this page for streamlined access to SEC filings, leadership statements, and analysis of SEE’s role in shaping packaging industry standards. Check regularly for developments in material science and supply chain optimization strategies.
Sealed Air (NYSE: SEE) has acquired Foxpak Flexibles Ltd., an Irish company specializing in digital printing on flexible packaging, through its SEE Ventures initiative. This acquisition aims to enhance Sealed Air's digital packaging solutions and drive innovation in smart packaging. Established in 2001, Foxpak serves customers in over 30 countries and has built a reputation for customer-centric solutions.
Details regarding the financial terms of the acquisition were not disclosed, as it is not considered material to Sealed Air’s financial results.
Sealed Air Corporation (NYSE: SEE) will announce its fourth quarter and full year 2021 financial results along with the 2022 outlook on February 17, 2022, at 7:00 a.m. (ET). A conference call led by CEO Ted Doheny and CFO Chris Stephens will follow at 10:00 a.m. (ET). Interested investors can join the webcast on Sealed Air's Investors homepage. The company aims to address packaging challenges and promote sustainability through its automated solutions, including renowned brands like CRYOVAC® and BUBBLE WRAP®.
Sealed Air (NYSE: SEE) announces key leadership changes effective January 1, 2022: Alessandra Faccin is promoted to President of the Asia-Pacific (APAC) region, succeeding Kevin Piccione, who is retiring after 23 years with the company. Faccin brings over 20 years of experience, having previously held positions including Corporate Treasurer. Shuxian (Susan) Yang is appointed as Corporate Treasurer and Finance Leader of SEE Automation. CEO Ted Doheny praises both leaders for enabling SEE's growth in the packaging industry, focusing on automation and sustainability.
Sealed Air (NYSE: SEE) will participate in the Baird 2021 Global Industrials Conference on November 10, 2021, at 1:25 p.m. ET. The event will feature executives discussing the company's Operating Model and growth strategy focusing on automation, digitalization, and sustainability. The conference will be available via a live webcast on the company's investor homepage. Sealed Air aims to enhance packaging solutions while committing to sustainability goals, including 100% recyclable or reusable packaging by 2025 and net-zero carbon emissions by 2040.
Sealed Air (NYSE: SEE) has successfully sold its Reflectix® business to an affiliate of Balcan Innovations. Reflectix, the leading brand in reflective insulation solutions, was known for its extensive distribution network across North America, including over 3,500 retail locations. This divestiture aligns with SEE's strategy to refocus on becoming a digitally driven company that emphasizes sustainable packaging solutions. The Reflectix manufacturing facility in Markleville, Indiana, employs around 80 people, which is part of the transaction.
SEE reported third quarter 2021 net sales of $1.4 billion, a 14% increase year-over-year, with net earnings of $108 million, down 18%. Adjusted EBITDA rose 4% to $271 million. Cash flow from operations decreased 8% to $378 million. Key growth drivers included SEE Touchless Automation and sustainable solutions. The company anticipates full-year 2021 net sales around $5.5 billion and adjusted EPS of $3.50 to $3.60, reflecting a 10% to 13% growth rate.
Sealed Air Corporation (NYSE: SEE) has declared a quarterly cash dividend of $0.20 per common share, payable on December 17, 2021 to stockholders of record by December 3, 2021. With a reported $4.9 billion in sales for 2020, Sealed Air focuses on innovative packaging solutions aimed at enhancing the global food supply chain and e-commerce. The company is also committed to sustainability, pledging to make all packaging materials recyclable or reusable by 2025 and achieve net-zero carbon emissions by 2040.
Sealed Air Corporation (NYSE: SEE) will release its third quarter 2021 results on November 2, 2021, at 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. The call will feature CEO Ted Doheny and CFO Chris Stephens, and it can be accessed live on the company’s investor homepage. Sealed Air generated $4.9 billion in sales in 2020 and aims for sustainability with a pledge to make 100% of its packaging recyclable or reusable by 2025, and achieve net-zero carbon emissions by 2040.
Sealed Air Corporation (NYSE: SEE) has announced the pricing details of its cash Tender Offer for its outstanding 4.875% Senior Notes due December 1, 2022, totaling US$425 million. The Tender Offer will expire on October 13, 2021, unless extended. Early tenders by September 28, 2021, will qualify for a Total Consideration of approximately $1,039.26 per $1,000 principal amount, which includes an Early Tender Payment of $30.00. The settlement for early tenders is expected on September 30, 2021.
Sealed Air Corporation (NYSE: SEE) has successfully closed its offering of $600 million in 1.573% senior secured notes due 2026, sold at 100% of their principal amount. The company plans to use the net proceeds primarily to repurchase its outstanding 4.875% senior notes due 2022 and for general corporate purposes. The notes, which are secured by liens on the company’s personal property, are offered to qualified institutional buyers and non-U.S. persons. Sealed Air aims to enhance its financial position while fulfilling its commitment to sustainable practices.
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