SEE - Sealed Air Corp/de
Company Overview
Name
Sealed Air Corp/de
Tickers
SEE
Exchanges
NYSE
Employees
17000
Founded
1960
Sector Information
Other Information
CIK
1012100
Category
Large accelerated filer
1-Line Summary
Sealed Air Corporation is a global leader in sustainable packaging solutions for food, e-commerce, and industrial markets.
Company summary
Sealed Air Corporation (SEE) is a leading global provider of packaging solutions that focus on integrating sustainable and high-performance materials, along with automation and services, to tackle critical packaging challenges. Their product offerings preserve food, protect goods, and automate packaging processes, serving end markets such as food processing, e-commerce retail, logistics, and industrial applications. The company operates primarily through two reportable segments: Food, which includes integrated packaging solutions for various food items, and Protective, which provides packaging solutions for goods in transit, especially critical for sectors like e-commerce and pharmaceuticals.
As of 2023, Sealed Air Corporation reported net sales of $5.5 billion, augmented by strategic acquisitions like Liquibox to expand their portfolio in liquid packaging solutions. Their commitment to sustainability and innovation underpins their business strategy, emphasizing long-term partnerships with customers to advance environmentally responsible practices in packaging solutions. With a focus on operational excellence and the CTO2Grow program set to deliver significant cost savings, SEE aims to enhance its market position and drive profitable, organic growth through continuous development in automated and digital solutions.
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