Sealed Air Corporation is a packaging company known by its brand: Cryovac food packaging and Bubble Wrap bearing packaging. Sealed Air Corporation has two divisions: Food Care & amp; Care Products. It sold its shares at Diversey Care in 2017. Ted Doheny is CEO of Charlotte, North Carolina-headquartered Sealed Air.
Video Sealed Air
Histori
In 1957, Alfred W. Fielding and Marc Chavannes attempted to create plastic wallpaper with paper support. While the wallpaper failed, Fielding and Chavannes then realized that what they produced could be used to pack the material. Sealed Air was founded in 1960 based on the invention of Bubble Wrap. In the same year, Sealed Air collected $ 85,000 in its initial public offering. Fielding served as executive vice president and director of Sealed Air until his retirement in 1987, while Chavannes mostly worked as a consultant.
T.J. Dermot Dunphy served as CEO from 1971-2000. Dunphy graduated from Oxford University and received a master's degree in business administration from Harvard Business School. He became Chairman of Kildare Enterprises, LLC in November 2000, after leaving Sealed Air. While with Sealed Air, Dunphy increased sales from $ 5 million to $ 3 billion.
William Hickey served as CEO from 2000 to March 2013. Prior to becoming CEO, William Hickey served in several capacities at Sealed Air, including COO, executive vice president, CFO, vice president, and general manager of the Food and Cell Division Food Packaging Division. Prior to working for Sealed Air, he was a CPA at Arthur Young and CFO of W. R. Grace and a Latin American Company operations.
Sealed Air produces foam that is lit at the fire nightclub 2003 Station and has paid $ 25 million for casualties in various civil settlements.
In March 2013, Peribere took over as CEO and President of Sealed Air. Peribere earned her economics and business finance degree from the Institute d'ÃÆ' Â © tudes politiques in Paris, France. Prior to working for Sealed Air, Peribere worked in several managerial roles with Dow Chemical Company from 1977-2012. He also served as president and COO of Sealed Air before taking over as CEO.
On July 23, 2014, Sealed Air announced that it would move its global headquarters to Charlotte, North Carolina.
Maps Sealed Air
Acquisitions
In 1970, Sealed Air acquired Smith Packaging Ltd., which was later renamed Sealed Air of Canada, Ltd., which marked Sealed Air international. In 1971, Sealed Air marketed a new product. (Encyclopedia) By coating AirCap pads onto paper, the company now has a Mail Lite delivery envelope.
In 1973, Sealed Air marketed its first product not based on its bubble technology. Ply-Mask is a pressure-sensitive polyethylene film used to protect a smooth surface from scratches. In the same year, Sealed Air brought their market to Europe by acquiring 10 percent Sibco Universal, S.A., a French manufacturing company. Over the next few years, Sealed Air buys the rest of Sibco and comes with a Closed Solar Air Cluster.
Acquired in 1977, Instapak foam extends polyurethane foams that come in a variety of densities. Used mainly for shipping, foam-in-bag mold process for object shape and expand to fill the vacuum of its shipping container.
Sealed Air acquires Cellu Products Co. and Dri-Loc in 1983, Jiffy in 1987, Sentinel in 1991, and Shurtuff Division of Shuford Mills, Inc. in 1993. 1994 was a busy year for Sealed Air with the acquisitions of Hereford Paper and Allied Products Ltd., Sup-Air-Pack, Fill Air, and packaging companies based in Norway, France and Italy.
W.R. Grace sold Cryovac to Sealed Air in 1998 for $ 4.9 billion. In June 2000, Sealed Air purchased Dolphin Packaging for $ 119 million, to better serve its customers in Europe. In October 2011, Sealed Air acquired Diversey Holdings, Inc.
Company operations
The Sealed Air Foods Treatment Division makes packaging for the food and beverage industry.
Sealed Air Products Treatment Division produces protective and special packaging materials for a wide range of goods.
Brand
Bubble Wrap
Originally created as a failed wallpaper, Bubble was later used as a greenhouse insulator. Finally, he uses the most famously used as packaging material. In its earliest form, Bubble Wrap suffered a leaky bubble, but in the mid-1960s a special coating was developed to prevent bubbles from air loss. In 1969, Sealed Air reported $ 4 million in sales, largely attributed to Bubble Wrap, as it was still a proprietary product at the time.
Cryovac
Cryovac is a thin plastic, used to shrink or wrap objects. Depending on the type of work required, the plastic comes in a variety of thickness and durability.
One of Cryovac's uses is to wrap food. Once wrapped, most of the air in the pack is removed to prevent oxidation and inhibit the growth of most pathogens. This process also provides longer shelf life in refrigerators or freezers and makes freezer burning almost impossible. Cryovac Inc., a South Carolina-based company, created this product in 1950 to extend the distance of newly cut turkey shipments for Thanksgiving and Christmas.
References
External links
- Sealed Air
Source of the article : Wikipedia
0 Comments