Company Research Report: Sealed Air Corporation

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Company Overview

• Name: Sealed Air Corporation

• Mission: Sealed Air is in business to protect, solve critical packaging challenges, and make the world better than they find it.

• Founders: Alfred W. Fielding and Marc Chavannes

• Founded: 1960

• Key People: Information on specific key people was not provided but the company recently announced new executive promotions and a new CEO.

• Headquarters: Charlotte, North Carolina, U.S.

• Number of Employees: Approximately 17,000

• Revenue: $5.5 Billion in 2023

• Notable For: Known primarily for its BUBBLE WRAP® brand original cushioning, Sealed Air has evolved into a market-driven, customer-centric, and solutions-based packaging company. The company is recognized for its commitment to sustainability and innovative packaging solutions that protect the environment and enhance consumer experiences.

Products

Sealed Air offers a wide range of packaging products and solutions across various categories:

1. Automated Cartoning

• Category: Equipment & Automation

• Description: Automation systems for packing and sealing cartons.

• Key Features: Increases efficiency and speeds up the packaging process.

2. Automated Mailers

• Category: Equipment & Automation

• Brand: AUTOBAG®

• Description: Systems designed for quick and efficient mailing operations.

3. Bag-In-Box and Bag-In-Box Fillers

• Category: Food Packaging and Equipment & Automation

• Brand: Liquibox®

• Description: Packaging solutions for liquid containment and dispensing.

• Key Features: Versatile for a wide range of liquid products.

4. Cryovac® Products (Barrier Bags, Chub Packaging, Dispensing Pouches & Easy-Open Shrink Bags)

• Category: Food Packaging

• Description: Solutions providing extended shelf life and food safety.

• Key Features: Vacuum shrink bags and case-ready solutions that extend freshness.

5. Bubble Wrap® Products (Bubble Bags & Bubble Bundles)

• Category: Cushioning

• Description: Protective cushioning products for packaging.

6. Fabricated Foams

• Category: Damage Reduction

• Description: Custom foam solutions to protect fragile items during transit.

Recent Developments

• New Product Launches:

• Bubble Wrap® Brand Ready-to-Roll Embossed Paper: Launched in August 2024, enhancing sustainable packaging options.

• Compostable Protein Packaging Tray: Launched at IPPE 2024 offering an eco-friendly packaging solution for the protein industry.

• Partnerships:

• Strategic Partnership with Ossid: Announced in April 2024 to offer new sustainable tray overwrapping solutions.

• Collaboration with Sparck Technologies: To bring 3D automated packaging solutions to Asia Pacific markets.

• Circularity Initiative with ExxonMobil: Aimed at food packaging tray circularity in Australia.

• Leadership Transitions:

• New CEO and executive promotions were announced in June 2024, marking a significant leadership transition.

Sustainability Initiatives

Sealed Air is committed to sustainability and demonstrating operational excellence by contributing to global solutions that reduce the environmental impact of its operations. The company's innovative solutions address customers' sustainability needs, aiming to create shared value through key global partnerships and delivering more efficient, secure, and less wasteful solutions.

Overall, Sealed Air Corporation remains a leader in innovative and sustainable packaging solutions, continually setting new industry standards and navigating global challenges with expertise and foresight.