Sealed Air
SEE (NYSE: SEE) provides innovative packaging solutions that enhance safety, resilience, and sustainability in the global supply chain, with a commitment to making all packaging recyclable or reusable by 2025 and achieving net-zero carbon emissions by 2040.
Services
SEE (NYSE: SEE) provides a range of services that address critical packaging challenges. The company's automated packaging solutions enhance the safety, resilience, and sustainability of the global food, fluids, and liquids supply chain. Additionally, SEE's e-commerce packaging protects goods in transit from damage, ensuring they reach customers intact. The company also offers digital packaging solutions through prismiq™, which activate unrealized value throughout the supply chain. SEE's services are geared towards delivering efficiency, sustainability, and value, helping customers make their sustainability goals more actionable.
Products
SEE's product portfolio includes globally recognized brands such as CRYOVAC®, LIQUIBOX®, SEALED AIR®, AUTOBAG®, BUBBLE WRAP®, SEE Automation™, and prismiq™. CRYOVAC® is known for its innovation in primary food packaging, while BUBBLE WRAP® has been protecting fragile items for over 50 years. LIQUIBOX® offers solutions for fluids and liquids systems, and AUTOBAG® specializes in automated packaging systems. The company also offers products like Instapak® Quick RT, an on-demand foam solution, and the FlexPrep™ portion-dispensing system, which enhances cost-effective portion control and process efficiency.
History
In May 2023, SEE announced its new corporate brand and logo, signaling a new era of innovation and commitment to sustainability. Over the years, SEE has expanded beyond packaging materials to offer comprehensive solutions and services. This progression reflects the company's dedication to solving critical packaging challenges and making improvements across global supply chains. SEE has consistently grown its revenue, achieving $5.6 billion in sales in 2022 and $5.5 billion in 2023. With a workforce of approximately 17,300 employees serving customers in 120 countries, SEE has established itself as a leader in the packaging industry.
Sustainability Initiatives
SEE is committed to sustainability and has set ambitious goals to reduce its environmental footprint. The company has pledged to design or advance 100% of its packaging materials to be recyclable or reusable by 2025. Additionally, SEE aims to achieve net-zero carbon emissions in its global operations by 2040. These initiatives are part of SEE's broader mission to help customers make sustainability more actionable through their packaging solutions. By prioritizing eco-friendly practices, SEE is contributing to a safer and less wasteful global supply chain.
Financial Performance
SEE's financial performance reflects its strong market position and operational efficiency. In 2022, the company generated $5.6 billion in sales, and in 2023, it reported $5.5 billion in revenue. Key financial metrics for 2023 include an adjusted EBITDA of $1.1 billion and a 20.2% adjusted EBITDA margin. These figures highlight SEE's ability to deliver consistent financial results while pursuing growth and innovation in the packaging industry. The company's commitment to providing value to its customers is evident in its robust financial metrics.