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Sealed Air Corporation news covers a packaging company whose solutions combine materials, automation, equipment and services. The company designs and manufactures packaging used to preserve food, protect goods and automate packaging processes across end markets including fresh proteins, foods, liquids, medical and life science, e-commerce, logistics, fulfillment and industrial applications.
Recurring coverage includes operating and financial results, dividend actions, material agreements, shareholder voting matters, capital-structure updates and corporate-status developments. Product and brand updates center on CRYOVAC food packaging, LIQUIBOX liquids systems, SEALED AIR protective packaging, AUTOBAG automated packaging systems and BUBBLE WRAP packaging. In 2026, company disclosures also documented the completed merger that made Sealed Air a wholly owned subsidiary and ended its NYSE-listed public-company status.
Sealed Air Corporation (NYSE: SEE) has initiated a cash tender offer for all its outstanding 4.875% Senior Notes due December 1, 2022, totaling US$425 million. The company is also soliciting consents for proposed amendments to the notes' indenture, aiming to remove certain covenants and events of default. The Tender Offer will expire on October 13, 2021, and early participation can increase the total consideration. This move reflects the company’s strategy to manage debt and optimize financing.
Sealed Air Corporation (NYSE: SEE) will participate in the Morgan Stanley Virtual 9th Annual Laguna Conference on September 13, 2021, at 1:30 p.m. ET. The executive team, including President and CEO Ted Doheny and SVP and CFO Chris Stephens, will outline the Company's SEE Operating Model and growth strategy, emphasizing automation, digital innovation, and sustainability. Sealed Air aims to lead in packaging solutions and has set ambitious sustainability goals, including a pledge for 100% recyclable or reusable packaging by 2025 and a net-zero carbon emissions target by 2040.
SEE (NYSE: SEE) reported a strong Q2 2021, with net sales rising 15% to $1.3 billion driven by a 9% increase in volume. Adjusted EBITDA edged up 1% to $263 million, though it faced inflationary pressures and supply chain challenges. The company raised its 2021 sales and EPS outlook, expecting net sales of $5.4 to $5.5 billion. The dividend was increased by 25%, and a new $1 billion share repurchase program was announced, replacing the previous one. SEE's commitment to automation and sustainability continues to be paramount.
Sealed Air Corporation (SEE) announced the conclusion of an SEC investigation without any enforcement action against the company. This follows settled orders against the former CFO and Ernst & Young LLP regarding their conduct during the audit selection process for the fiscal year 2015. Sealed Air had terminated its former CFO in June 2019 and Ernst & Young in August 2019. The company aims to enhance its sustainability efforts, committing to make all packaging recyclable or reusable by 2025 and achieving net-zero carbon emissions by 2040.
SEE (NYSE: SEE) announced a price increase of 5% to 10% across all products, effective September 15, 2021. This action is in direct response to rising input costs and ongoing inflation. CEO Ted Doheny emphasized the company's commitment to delivering automated and sustainable solutions to enhance productivity. Sealed Air aims for 100% of its packaging to be recyclable or reusable by 2025 and targets net-zero carbon emissions by 2040. In 2020, the company generated $4.9 billion in sales and employs approximately 16,500 people worldwide.
Sealed Air Corporation (NYSE: SEE) has declared a quarterly cash dividend of $0.20 per common share, payable on September 17, 2021 to stockholders of record on September 3, 2021. The company emphasizes its commitment to sustainability, pledging to make all packaging materials recyclable or reusable by 2025 and aiming for net-zero carbon emissions by 2040. Sealed Air generated $4.9 billion in sales in 2020 and employs about 16,500 individuals globally, serving customers in 117 countries.
Sealed Air Corporation (NYSE: SEE) will release its second quarter 2021 results on August 3, 2021, at 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. The call will feature President and CEO Ted Doheny and CFO Chris Stephens, available via webcast on the company's investor page. Sealed Air, known for brands like CRYOVAC® and BUBBLE WRAP®, aims to create a sustainable future through its packaging solutions, with commitments to 100% recyclable or reusable packaging by 2025 and net-zero carbon emissions by 2040.
Sealed Air Corporation (NYSE: SEE) is investing over $30 million to expand its global production capacity for Automated Packaging Systems (APS) AUTOBAG® solutions. This initiative includes enhancements at facilities in Ohio, West Virginia, the UK, Philippines, and China, with completion expected in 2021. The company aims to double AUTOBAG® equipment sales in three years, driven by increased e-commerce demand. Additionally, about 80 new jobs will be created to support the expansion, enhancing operational efficiency and safety for various sectors.
Sealed Air Corporation (NYSE: SEE) has announced a 25% increase in its quarterly cash dividend, raising it from $0.16 to $0.20 per common share. The new dividend will be payable on June 18, 2021, to shareholders recorded by June 4, 2021. CEO Ted Doheny stated that the decision reflects the company's confidence in its operational framework, which drives growth and strong cash generation. Sealed Air aims to maintain a balanced approach to returning capital to shareholders while investing in automation, digitalization, and sustainability initiatives.
Sealed Air Corporation (NYSE: SEE) is set to participate in the Goldman Sachs Virtual 2021 Industrials & Materials Conference on May 12, 2021. During the event, CEO Ted Doheny and CFO Chris Stephens will discuss the Company’s growth strategy focusing on automation, digital solutions, and sustainability efforts. Sealed Air aims for 100% of its packaging materials to be recyclable or reusable by 2025 and seeks net-zero carbon emissions by 2040. In 2020, Sealed Air generated $4.9 billion in sales and employs approximately 16,500 people worldwide.