| Market Capitalization (Millions $) |
6,217 |
| Shares
Outstanding (Millions) |
148 |
| Employees |
10,800 |
| Revenues (TTM) (Millions $) |
5,360 |
| Net Income (TTM) (Millions $) |
506 |
| Cash Flow (TTM) (Millions $) |
-27 |
| Capital Exp. (TTM) (Millions $) |
170 |
Business Description
Company Profile: Sealed Air Corporation
Overview
Sealed Air Corporation is a global leader in the manufacturing and selling of a diverse array of packaging products primarily used in the food, protective, and specialty packaging sectors. The company operates through its wholly-owned subsidiaries, Cryovac, Inc. and Sealed Air Corporation (US), which together account for the majority of the company’s assets and operations worldwide.
Business Segments
Sealed Air operates through two key reportable business segments:
1. Food Packaging
2. Protective and Specialty Packaging
Global Operations
The company has a significant global footprint, conducting business in the United States and 49 other countries. This extensive network enables Sealed Air to distribute its innovative products across various markets worldwide, while also navigating potential risks associated with foreign operations, including currency fluctuations.
Innovation and Customer Support
To better serve its food packaging clients, Sealed Air runs several food science laboratories designed to assist customers in identifying suitable food packaging materials and systems tailored to their specific needs. In addition, the company offers customized graphic design services to enhance food packaging and mailer offerings.
For its protective and specialty packaging segment, Sealed Air operates packaging laboratories across numerous locations, staffed with expert packaging engineers. These facilities are equipped with advanced testing equipment to develop and validate cost-effective packaging designs that meet the unique protective and specialty needs of each customer.
Raw Materials
Sealed Air’s products rely on a range of readily available raw materials sourced from multiple suppliers, mitigating risks associated with raw material scarcity. Key materials used in production include polyolefin and other petrochemical-based resins, films, paper, wood pulp products, and blowing agents for foam packaging. The company is committed to sustainability, actively participating in recycling programs and reprocessing scrap generated from its manufacturing processes. It also offers an array of specialized packaging equipment, some of which is manufactured to its specifications.
Competitive Landscape
Sealed Air faces competition based on several factors, including packaging performance, pricing, and service quality. The company maintains its technological leadership through continuous innovation and research and development initiatives, positioning itself against established competitors with considerable financial resources.
In the food packaging sector, Sealed Air is recognized as a leading supplier of flexible food packaging materials and related systems in various regions, along with being a prominent provider of absorbent pads for food products in the U.S.
In the protective and specialty packaging area, Sealed Air’s products compete with offerings from other manufacturers as well as alternative packaging materials. Its Instapak packaging, along with plank and laminated foam products, competes with molded and fabricated foam plastics, mechanical shock mounts, and wood-based systems. Sealed Air is a leading supplier of air cellular cushioning materials, shrink films, protective mailers, polyethylene foam, and polyurethane foam packaging systems across its key markets.
Conclusion
Sealed Air Corporation stands as a pivotal player in the packaging industry, with a commitment to innovation, sustainability, and customer service. Through its robust product offerings and extensive global operations, the company continues to meet the evolving needs of its diverse customer base, reinforcing its position as a market leader.
Company Address: 2415 Cascade Pointe Boulevard Charlotte 28208 NC
Company Phone Number: 221-3235 Stock Exchange / Ticker: NYSE SEE
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