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 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.
SEE (NYSE: SEE) has announced a quarterly cash dividend of $0.20 per common share.
This dividend is payable on June 28, 2024, to stockholders recorded as of June 14, 2024.
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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