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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) announced its participation in the Baird 2020 Global Industrials Conference on November 11, 2020, where executives will discuss the company's "Reinvent SEE" strategy, emphasizing automated systems, services, and sustainable materials. The event will feature a virtual fireside chat with CEO Ted Doheny and CFO Jim Sullivan at 10:50 a.m. ET. Interested investors can view the event live on Sealed Air’s Investors homepage.
Sealed Air Corporation (NYSE: SEE) announced the retirement of Karl Deily, SVP and Chief Commercial Officer, effective April 2, 2021. He will transition to an advisory role at year-end. CEO Ted Doheny praised Deily's 40 years of service, noting his impact on the company's growth. Effective January 1, 2021, Sealed Air's regional leaders will join the executive team and report to Doheny. The appointments aim to accelerate the company's transformation towards sustainability and digital growth, as well as reinforce its leadership structure.
Sealed Air Corporation (NYSE: SEE) reported its third-quarter 2020 financial results, showing a net sales increase of 2% to $1.2 billion year-over-year. Key highlights include a 9% rise in Protective net sales to $533 million, offset by a 3% decline in Food net sales to $705 million. Adjusted EBITDA improved to $259 million, 21% of net sales, boosted by acquisitions and operational initiatives. The company raised its full-year guidance for sales and earnings, now forecasting $4.85 billion in sales and $3.05 EPS. Cash flow from operations rose to $410 million, with reduced net debt of $3.4 billion.
Sealed Air Corporation (NYSE: SEE) has declared a quarterly cash dividend of $0.16 per common share. This dividend will be payable on December 18, 2020, to shareholders on record as of December 4, 2020. Sealed Air is dedicated to providing innovative packaging solutions, generating $4.8 billion in sales in 2019, and employing approximately 16,500 people across 124 countries. The company focuses on protecting goods and enhancing the food supply chain.
Sealed Air (NYSE: SEE) announced a three-year partnership with Gastromotiva, a Brazilian nonprofit focused on social gastronomy to combat hunger and food waste. This collaboration aims to enhance education on sustainable packaging, provide job opportunities for vulnerable populations, and expand Gastromotiva's reach in Brazil and Mexico. Sealed Air's involvement will leverage its expertise in food packaging to tackle global food security challenges, addressing the stark reality that nearly 690 million people are currently hungry, a figure that has risen significantly in recent years.
Sealed Air Corporation (NYSE:SEE) will announce its third quarter 2020 results on October 28, 2020, at 7:00 a.m. ET. A conference call will follow at 10:00 a.m. ET, led by President and CEO Ted Doheny and CFO Jim Sullivan. The call will be available via live webcast and a replay will be accessible afterward. Sealed Air is recognized for its innovative packaging solutions, generating $4.8 billion in sales in 2019, and operates in 124 countries with around 16,500 employees.