Breaking News

Sales Soar at Sealed Air

August 1, 2012


• Sealed Air Corporation reported sales increased 70% to $1.92 billion in the first quarter due, in large part to the Diversey acquisition, which contributed a 66% increase in sales. The first quarter gain was also helped along by a modest increase in year-over-year results in North America and the Europe, Middle East and Africa (EMEA) region, and a 9% increase in developing regions, according to the company.

The Diversey segment reported a 2% decline in sales to $751 million. These sales results reflect an estimated 3% higher price and 2% lower volume primarily in North America and in EMEA, specifically in Europe, the company said. As part of its integration of Diversey, Sealed Air is undertaking a number of actions to integrate and realign its organization, further improve operating efficiencies and lower its overall cost structure to maximize cost synergies and better meet customers’ needs, the company said.
  • It’s Magic!

    It’s Magic!

    Melissa Meisel, Associate Editor||March 20, 2017
    Argan oil-infused ‘Moroccan’ lip care brand jumps from WholeFoods into CVS.

  • On the Cutler Edge

    On the Cutler Edge

    Melissa Meisel, Associate Editor||March 13, 2017
    Top brand source at Redken forecasts up-to-the-minute hair trends.

  • Take The Hint

    Take The Hint

    Christine Esposito, Associate Editor||March 13, 2017
    Water brand forays into sun protection by capitalizing on scent and experience.

  • Supply-Side Innovations

    Supply-Side Innovations

    Tom Branna, Editorial Director||March 1, 2017
    Raw material suppliers roll up their sleeves and roll out their new products for the global cleaning industry.

  • New Faces in Familiar Places

    New Faces in Familiar Places

    Tom Branna, Editorial Director||March 1, 2017
    The American Cleaning Institute officially welcomed its new president.

  • Special Delivery

    Special Delivery

    Tom Branna, Editorial Director||March 1, 2017
    UV protection is important, but what good is that sunscreen if consumers won’t apply it?