As an industry leader in sustainable packaging solutions and
systems, Sealed Air Corporation (NYSE: SEE) is proud to play a role
in providing the essential packaging solutions needed to help
customers in the fight against COVID-19.
Sealed Air provides customers with packaging solutions including
custom-fabricated shipping boxes, and automated packaging and
bagging systems that enable the distribution of medical equipment,
face coverings, and test kits. Sealed Air is also supporting
vaccine distribution and administration by offering a complete
range of temperature assurance materials that can be used in
packaging vials that require a cold supply chain, including during
the critical last mile of delivery.
Sealed Air is introducing a new innovation called SEALED AIR©
brand TemPreserve KF that will reduce total cost of ownership and
bring additional sustainability benefits. TemPreserve KF is a
customizable thermal polyurethane packaging that, along with a
coolant, helps maintain required temperatures (ultra-cold, cold or
hot) for the specific length of time needed during transit.
“We are proud to offer customers a full suite of packaging
solutions as they prioritize getting the right equipment, test
kits, and vaccines to the world’s population as quickly and safely
as possible,” said Sergio Pupkin, Sealed Air’s Chief Growth and
Strategy officer.
Global Resources and Expertise
Sealed Air has produced packaging solutions for the health care
industry for more than 30 years and is well equipped to support
health care packaging solutions throughout the entire cold chain
and logistics cycle, including the last mile of delivery.
The company operates two temperature assurance labs that focus
on the design and testing of products that protect
temperature-sensitive and perishable items for the life sciences
and food industries. Located in Singapore and at Sealed Air’s
global corporate headquarters in Charlotte, North Carolina, these
International Safe Transit Association (ISTA) Standard 20 certified
labs can support customers globally.
Across the company’s global footprint are more than a dozen labs
and thermal transport laboratories certified by ISTA as well as 42
testing locations worldwide that design, test, and certify
packaging.
More information about how Sealed Air packaging solutions are
helping the world respond to COVID-19, can be found on this
webpage.
A high-resolution photo of TemPreserve KF is available upon
request.
About Sealed Air
Sealed Air is in business to protect, to solve critical
packaging challenges, and to leave our world better than we found
it. Our portfolio of leading packaging solutions includes CRYOVAC®
brand food packaging, SEALED AIR® brand protective packaging,
AUTOBAG ® brand automated systems, and BUBBLE WRAP® brand
packaging, which collectively enable a safer, more efficient food
supply chain and protect valuable goods shipped around the world.
Sealed Air generated $4.8 billion in sales in 2019 and has
approximately 16,500 employees who serve customers in 124
countries. To learn more, visit www.sealedair.com.
Website Information
We routinely post important information for investors on our
website, sealedair.com, in the Investors section. We use this
website as a means of disclosing material, non-public information
and for complying with our disclosure obligations under Regulation
FD. Accordingly, investors should monitor the Investors section of
our website, in addition to following our press releases, SEC
filings, public conference calls, presentations and webcasts. The
information contained on, or that may be accessed through, our
website is not incorporated by reference into, and is not a part
of, this document.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 concerning our business, consolidated
financial condition and results of operations. Forward-looking
statements are subject to risks and uncertainties, many of which
are outside our control, which could cause actual results to differ
materially from these statements. Therefore, you should not rely on
any of these forward-looking statements. Forward-looking statements
can be identified by such words as “anticipate,” “believe,” “plan,”
“assume,” “could,” “should,” “estimate,” “expect,” “intend,”
“potential,” “seek,” “predict,” “may,” “will” and similar
references to future periods. All statements other than statements
of historical facts included in this press release regarding our
strategies, prospects, financial condition, operations, costs,
plans and objectives are forward-looking statements. Examples of
forward-looking statements include, among others, statements we
make regarding expected future operating results, expectations
regarding the results of restructuring and other programs,
anticipated levels of capital expenditures and expectations of the
effect on our financial condition of claims, litigation,
environmental costs, contingent liabilities and governmental and
regulatory investigations and proceedings. The following are
important factors that we believe could cause actual results to
differ materially from those in our forward-looking statements:
global economic and political conditions, currency translation and
devaluation effects, changes in raw material pricing and
availability, competitive conditions, the success of new product
offerings, consumer preferences, the effects of animal and
food-related health issues, pandemics, changes in energy costs,
environmental matters, the success of our restructuring activities,
the success of our financial growth, profitability, cash generation
and manufacturing strategies and our cost reduction and
productivity efforts, changes in our credit ratings, the tax
benefit associated with the Settlement agreement (as defined in our
most recent Annual Report on Form 10-K), regulatory actions and
legal matters, and the other information referenced in the “Risk
Factors” section appearing in our most recent Annual Report on Form
10-K, as filed with the Securities and Exchange Commission, and as
revised and updated by our Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K. Any forward-looking statement made by
us is based only on information currently available to us and
speaks only as of the date on which it is made. We undertake no
obligation to publicly update any forward-looking statement,
whether written or oral, that may be made from time to time,
whether as a result of new information, future developments or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210114006006/en/
Company Investor
Relations Lori Chaitman lori.chaitman@sealedair.com
516.458.4455 Media Christina Griffin
Christina.griffin@sealedair.com 704.430.5742
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