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.
SEE has launched a new initiative in Australia to advance the circularity of food packaging. Partnering with ExxonMobil, the company will divert approximately 900 tonnes of plastic waste annually from landfills or incineration. This initiative involves the use of CRYOVAC® brand preformed food trays made with advanced recycling technology and certified by the International Sustainability and Carbon Certification PLUS standard. Additionally, SEE's BUBBLE WRAP® brand has introduced inflatable packaging solutions designed for recycling, which include the thinnest air pillows in the market and films made from 30% recycled content. These innovations aim to reduce material use, lower carbon footprints, and comply with plastic tax regulations.
Atlas Holdings has announced the sale of NPX One, a top manufacturer of polystyrene trays for fresh protein in the U.S., to Breck Partners. The terms of the transaction were not disclosed. NPX One, previously known as Novipax, was acquired by Atlas in 2015 and has now been sold after almost a decade. The company boasts a strong customer base and a history of innovation in food tray manufacturing.
SEE's comprehensive sustainability approach focuses on environmental responsibility, offering scalable solutions like the AUTOBAG® brand 850S paper system and CRYOVAC® brand offerings. The company also provides digital printing services through prismiq™ and automated carbon footprint solutions, aiming to drive sustainability across the value chain.
SEE reported Q1 2024 results with net sales of $1.33 billion, down 1%, and net earnings of $83 million, up 33%. Adjusted EBITDA was $278 million, up 4%. Cash flow from operations was $125 million, up 141%. The company reaffirmed its 2024 full-year outlook with expectations of net sales in the range of $5.2 to $5.6 billion and Adjusted EBITDA of $1.05 to $1.15 billion.
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