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40:
52:
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name of the current entity, but now a vastly larger corporation due to the Grace components. Years later, in 2002, this Sealed Air
Corporation was required to pay to W. R. Grace Company-Conn $ 728 million to settle bankruptcy and fraud allegations brought against the original merger. T.J. Dermot Dunphy served as CEO from 1971 to 2000. An
339:
In 1957, American engineer Alfred W. Fielding and Swiss inventor Marc
Chavannes sought to invent plastic wallpaper with a paper backing. While the wallpaper failed, Fielding and Chavannes realized that their invention could be a packing material. Sealed Air was founded in 1960 based on this invention
510:
One of the uses of
Cryovac is to wrap food. Once wrapped, most of the air in the package is removed to prevent oxidation and inhibit the growth of most pathogens. This process also gives food a longer shelf life in the refrigerator or freezer and makes freezer burn nearly impossible. Cryovac Inc., a
439:
film used to protect delicate surfaces from scratches and the company's first product not based on its bubble technology. The same year, Sealed Air brought their market to Europe by acquiring 10 percent of Sibco
Universal, S.A., a French manufacturing firm. Over the next few years, Sealed Air bought
367:
William Hickey served as CEO from 2000 to March 2013. He previously served in several capacities at Sealed Air, including COO, executive vice president, CFO, vice president, and general manager of the Food
Packaging Division and the Cellu Products Division. Before working for Sealed Air, he was CPA
351:
Shortly after a 1998 business restructuring of the global conglomerate W.R. Grace
Company-Conn, the original Sealed Air was merged into Grace subsidiary W. R. Grace & Co. NY, and the surviving company was named W. R. Grace & Co. Soon this W.R. Grace & Co renamed itself Sealed Air, the
498:
Initially created as a failed wallpaper, Bubble Wrap was subsequently used as a greenhouse insulator. Finally, it took on its best-known use as a packaging material. In its earliest form, Bubble Wrap suffered from leaky bubbles, but by the mid 1960s a special coating was developed to prevent the
465:
In 1998, Sealed Air was acquired and merged with the
Cryovac Division of W.R. Grace for a $ 4.9 billion stock trade, and spun off from the Grace parent holding company as W. R. Grace, Inc. That corporation changed its name to the current Sealed Air. In June 2000, Sealed Air purchased Dolphin
431:
In 1970, Sealed Air acquired Smith
Packaging Ltd., which was later renamed Sealed Air of Canada, Ltd., marking Sealed Air's first international move. In 1971, Sealed Air began marketing a new product; by laminating the AirCap cushioning to paper, the company now had Mail Lite padded shipping
485:
Sealed Air's food care division makes packaging for the food and beverage industry, while its product care division produces protective and specialty packaging materials for a wide range of goods.
447:
foam that comes in a variety of densities. Used primarily for shipping, the foam-in-bag process molds to the shape of the object and expands to fill the void space of its shipping container.
1458:
1433:
1463:
423:
In
October 2023, Ted Doheny stepped down as CEO. Emile Chammas, Chief Operating Officer and Dustin Semach, Chief Financial Officer served as interim co-Presidents and co-CEOs.
1443:
601:
1224:
454:
in 1993. In 1994, Sealed Air followed up with the further acquisitions of
Hereford Paper and Allied Products Ltd., Sup-Air-Pack, Fill Air, and packaging companies based in
1196:
1438:
364:, he became chairman of Kildare Enterprises, LLC in November 2000 after leaving Sealed Air. During his tenure at Sealed Air, sales grew from $ 5 million to $ 3 billion.
402:. He previously served as president and COO of Sealed Air before taking over as CEO, and prior to joining Sealed Air, he worked in several managerial roles with the
1448:
507:
Cryovac is a thin plastic, used to shrink or wrap objects. Depending on the type of job required of it, the plastic comes in a variety of thickness and durability.
499:
bubbles from losing air. In 1969, Sealed Air reported $ 4 million in sales, mostly attributed to Bubble Wrap, as it was still a proprietary product at that time.
762:
631:
1453:
450:
Sealed Air acquired Cellu Products Co. and Dri-Loc in 1983, Jiffy in 1987, Sentinel in 1991, Trigon Packaging NZ in 1993, and the Shurtuff Division of
348:. Fielding served as executive vice president and director of Sealed Air until his retirement in 1987, while Chavannes worked mostly as a consultant.
1322:
1468:
1253:
577:
420:
In May 2023, the corporation announced that it would adopt the corporate brand SEE, while retaining the legal name of Sealed Air Corporation.
1024:
451:
390:
In March 2013, Jérôme Péribère took over as CEO and president of Sealed Air. He obtained his business economics and finance degree from
689:
256:
548:
357:
951:
794:
1131:
693:
1104:
1071:
1278:
379:
in 2003, victims' lawyers suggested that Sealed Air had produced some of the foam that was ignited in the fire. Sealed Air
923:
767:
890:
477:
In October 2017, Sealed Air acquired Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam.
1300:
981:
515:-based company, created this product in the 1950 to extend the shipping distance of freshly slaughtered turkeys for
380:
376:
331:, United States, led by Chief Operating Officer Emile Chammas, President, Dustin Semach, and CEO Patrick Kivits.
410:
328:
168:
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139:
1410:
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1352:
384:
369:
361:
345:
94:
1326:
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928:
662:
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Packaging for $ 119 million, to better serve its European customers. In October 2011, Sealed Air acquired
657:
606:
403:
245:
690:"Alfred W. Fielding '39 Co-invented Bubble Wrap Stevens Schaefer School of Engineering and Science"
324:
213:
1229:
1201:
626:
39:
1076:
1020:
1014:
986:
895:
730:
353:
857:
697:
327:
cushioning packaging. With over $ 5.5+ billion in revenues in 2023, it is headquartered in
799:
409:
On July 23, 2014, Sealed Air announced that it would be moving its global headquarters to
853:
344:. The same year, Sealed Air raised $ 85,000 (equivalent to $ 880,000 in 2023) in its
1395:
512:
467:
414:
77:
1149:
1427:
85:
725:
516:
471:
444:
436:
1081:
51:
991:
1405:
391:
341:
17:
1105:"Sealed Air Corp. moving headquarters to Charlotte, bringing nearly 1,300 jobs"
804:
268:
103:
63:
900:
696:- Charles V. Schaefer, Jr. School of Engineering and Science. Archived from
520:
117:
1040:
323:, is a packaging company known for its brands: Cryovac food packaging and
1377:
https://www.baltimoresun.com/news/bs-xpm-2002-11-30-0211300143-story.html
1357:
1016:
Killer Show: The Station Nightclub Fire, America's Deadliest Rock Concert
1415:
98:
455:
440:
out the rest of Sibco and came up with the Sealed Air Solar Blanket.
399:
1225:"COMPANY NEWS; INVENTOR OF BUBBLE-WRAP PLASTIC TO EXPAND IN EUROPE"
1197:"COMPANY NEWS; W.R. GRACE AND SEALED AIR LOSE RULING IN FRAUD SUIT"
1171:
658:"CEO who moved Bubble Wrap maker to Charlotte retiring at year end"
435:
In 1973, Sealed Air began marketing Ply-Mask, a pressure-sensitive
555:. U.S. Security and Exchange Commission. March 2, 2020. p. 30
459:
395:
280:
1353:"Jane Says: Vacuum-Packing Is the Easiest DIY Preserving Method"
1389:
1254:"Sealed Air completes sale of Diversey Care to Bain Capital"
549:"SEC Form 10-K For the fiscal year ended December 31, 2019"
1323:"Shrink Film Products: Sealed Air, Cryovac Shrink Films"
602:"Sealed Air CEO sees higher profits in next three years"
305:
1279:"Sealed Air to Acquire Asian Specialty Foam Business"
1150:"Instapak® Foam in Place Packaging Synergy Packaging"
952:"The hype and rise of 3D printing and Avi Reichental"
27:
Packaging company headquartered in the United States
763:"Alfred Fielding Packaged His Invention Just Right"
651:
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83:
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61:
1041:"Packaging company settles in R.I. nightclub fire"
1375:11. Bloomberg News, as recorded in Baltimore Sun
1066:
1064:
1062:
848:
846:
844:
842:
443:Acquired in 1977, Instapak foam is an expanding
417:. In January 2018, Ted Doheny took over as CEO.
1459:Manufacturing companies based in North Carolina
1434:Companies listed on the New York Stock Exchange
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974:
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840:
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834:
832:
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824:
822:
578:"Sealed Air Announces New Corporate Brand SEE®"
1325:. McLeod & Dewey Packaging. Archived from
595:
593:
591:
202:Patrick Kivits (CEO) Dustin Semach (President)
1252:Whitworth, Joseph James (September 5, 2017).
56:SEE headquarters in Charlotte, North Carolina
8:
1464:Companies based in Charlotte, North Carolina
32:
1444:Manufacturing companies established in 1960
1346:
1344:
756:
754:
752:
750:
748:
1401:Business data for Sealed Air Corporation:
1394:
50:
38:
31:
924:"The Accidental Invention of Bubble Wrap"
719:
717:
715:
684:
682:
680:
1439:Packaging companies of the United States
531:
1449:American companies established in 1960
1191:
1189:
1132:"SEE Announces Leadership Transition"
1047:. The Associated Press. June 13, 2008
789:
787:
785:
656:Rothacker, Rick (September 7, 2017).
572:
570:
7:
1303:. Securities and Exchange Commission
950:Petch, Michael (December 2, 2019).
600:Burke, Michael (October 16, 2013).
634:from the original on March 3, 2014
25:
1454:1960 establishments in New Jersey
922:Kindy, David (January 23, 2019).
761:Seitz, Patrick (August 4, 2011).
387:, but did not admit wrongdoing.
724:Burke, Monte (April 26, 2006).
694:Stevens Institute of Technology
1469:1960s initial public offerings
1103:Dunn, Andrew (July 23, 2014).
372:'s Latin American operations.
1:
381:paid $ 25 million to victims
1351:Lear, Jane (May 29, 2013).
470:, until its acquisition by
368:at Arthur Young and CFO of
129:; 64 years ago
1485:
377:the Station nightclub fire
356:graduate who received his
768:Investor's Business Daily
329:Charlotte, North Carolina
169:Charlotte, North Carolina
49:
44:Logo from rebrand in 2023
37:
1281:. Sealed Air Corporation
1172:"Sealed Air Corporation"
622:"Sealed Air Corporation"
262:US$ 578.5 million (2019)
140:Saddle Brook, New Jersey
1019:. UPNE. pp. 215–.
370:W. R. Grace and Company
362:Harvard Business School
346:initial public offering
286:US$ 5.77 billion (2019)
1110:The Charlotte Observer
1013:John Barylick (2012).
956:3DPrintingIndustry.com
795:"14 Investors We Love"
663:The Charlotte Observer
321:Sealed Air Corporation
274:US$ 263 million (2019)
33:Sealed Air Corporation
1084:on December 25, 2014
994:on November 22, 2013
404:Dow Chemical Company
1152:. Synergy Packaging
1138:. October 23, 2023.
474:in September 2017.
452:Shuford Mills, Inc.
406:from 1977 to 2012.
292:Number of employees
178:Number of locations
34:
1301:"Form 10-K (2012)"
1230:The New York Times
1202:The New York Times
700:on January 8, 2014
627:The New York Times
296:16,500 (2019)
153:Alfred W. Fielding
1072:"Jerome Peribere"
1026:978-1-61168-265-6
854:"Sealed Air Corp"
607:The Journal Times
494:Bubble Wrap brand
468:Diversey Holdings
385:civil settlements
354:Oxford University
314:
313:
16:(Redirected from
1476:
1398:
1393:
1392:
1390:Official website
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1329:on June 16, 2010
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1080:. Archived from
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1057:
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1054:
1052:
1037:
1031:
1030:
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1001:
999:
990:. Archived from
982:"William Hickey"
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899:. Archived from
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858:Encyclopedia.com
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257:Operating income
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18:Sealed Air Corp.
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1233:. June 29, 2000
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1205:. July 31, 2002
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807:on May 22, 2009
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903:on May 7, 2013
891:"T. J. Dunphy"
879:
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803:Archived from
781:
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613:
587:
584:. May 2, 2023.
566:
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513:South Carolina
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458:, France, and
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415:North Carolina
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156:Marc Chavannes
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582:Business Wire
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503:Cryovac brand
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1364:November 21,
1362:. Retrieved
1356:
1333:November 21,
1331:. Retrieved
1327:the original
1317:
1307:November 21,
1305:. Retrieved
1295:
1283:. Retrieved
1273:
1263:December 24,
1261:. Retrieved
1257:
1247:
1237:November 21,
1235:. Retrieved
1228:
1219:
1209:November 21,
1207:. Retrieved
1200:
1178:November 21,
1176:. Retrieved
1166:
1156:November 21,
1154:. Retrieved
1144:
1135:
1126:
1114:. Retrieved
1108:
1098:
1088:November 21,
1086:. Retrieved
1082:the original
1075:
1051:February 20,
1049:. Retrieved
1044:
1035:
1015:
1008:
998:November 21,
996:. Retrieved
992:the original
985:
961:December 17,
959:. Retrieved
955:
945:
933:. Retrieved
927:
917:
907:November 21,
905:. Retrieved
901:the original
894:
873:
863:November 21,
861:. Retrieved
811:November 21,
809:. Retrieved
805:the original
798:
774:November 21,
772:. Retrieved
766:
737:November 21,
735:. Retrieved
729:
704:November 21,
702:. Retrieved
698:the original
667:. Retrieved
661:
638:November 21,
636:. Retrieved
625:
616:
605:
581:
557:. Retrieved
552:
517:Thanksgiving
509:
506:
497:
484:
476:
472:Bain Capital
464:
449:
445:polyurethane
442:
437:polyethylene
434:
430:
427:Acquisitions
422:
419:
408:
389:
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366:
350:
338:
320:
316:
315:
281:Total assets
248:4.79 billion
164:Headquarters
74:Company type
29:
1411:SEC filings
935:October 26,
929:Smithsonian
726:"Wrap Star"
432:envelopes.
392:Sciences Po
342:Bubble Wrap
325:Bubble Wrap
214:Bubble Wrap
188:Area served
104:S&P 600
1428:Categories
1116:August 15,
527:References
481:Operations
269:Net income
224:Sealed Air
198:Key people
64:Trade name
1174:. YCharts
521:Christmas
411:Charlotte
306:sealedair
118:Packaging
106:component
86:Traded as
1358:TakePart
1285:July 27,
1045:NBC News
669:July 27,
632:Archived
227:Liquibox
147:Founders
114:Industry
559:July 2,
553:SEC.gov
335:History
301:Website
241:Revenue
233:prismiq
221:Autobag
218:Cryovac
132: (
124:Founded
97::
1416:Yahoo!
1406:Google
1077:Forbes
1023:
987:Forbes
896:Forbes
731:Forbes
489:Brands
456:Norway
400:France
375:After
250:(2019)
230:Nexcel
207:Brands
192:Global
171:, U.S.
142:, U.S.
460:Italy
396:Paris
360:from
1366:2013
1335:2013
1309:2013
1287:2018
1265:2019
1239:2013
1211:2013
1180:2013
1158:2013
1118:2018
1090:2013
1053:2023
1021:ISBN
1000:2013
963:2019
937:2019
909:2013
865:2013
813:2013
800:Inc.
776:2013
739:2013
706:2013
671:2018
640:2013
561:2020
519:and
308:.com
246:US$
182:200+
134:1960
127:1960
95:NYSE
394:in
383:in
358:MBA
340:of
317:SEE
138:in
99:SEE
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