SEALED AIR ANNOUNCES STRATEGIC PARTNERSHIP WITH BOX ON DEMAND AND PANOTEC
Tuesday, May 10, 2016
CHARLOTTE, N.C. – Sealed Air Corporation (NYSE: SEE) has entered a strategic partnership with Box on Demand and Panotec, providers of 3-dimensional equipment platforms and fanfold corrugated for on-demand, right-sized box creation. Box On Demand is the exclusive North American partner of Panotec, the manufacturer of the equipment platforms, established in 1986 and headquartered in Treviso, Italy.
“This partnership further strengthens our leading portfolio of right-sized solutions,” said Kenneth P. Chrisman, President of Sealed Air’s Product Care Division. “The capabilities of Box On Demand are a powerful complement to the automated system technology pioneered by B+ Equipment - including I-Pack®, e-Cube®, and Ultipack® - which became a part of the Sealed Air family in 2015, as well as our own internally developed platforms including the FloWrap™ Automated Mailer and PriorityPak®.”
“Together, these solutions will empower our customers to reduce waste, freight cost, warehousing space, and carbon emissions while ensuring the right level of protection for every order, every time,” says Chrisman. “We are in an era where dimensional weight pricing is putting additional strain on e-commerce retailers, 90% of whom have a wide array of products and order configurations that demand a higher degree of box customization. This partnership allows us to create the perfect package for any combination of SKUs - cut to fit and optimized for minimum packaging and maximum protection.”
“Sealed Air has a long history of providing innovative and creative solutions related to product protection and packaging automation. The addition of Box On Demand to their portfolio is a natural fit, and positions us to deliver more value to our customers across multiple industries,” said Greg Magnell, President of Box On Demand.
The partnership agreement, which went into effect on March 17, 2016, includes the exclusive right for Sealed Air to place Box on Demand equipment with our customers in the U.S., Canada and Mexico.
About Sealed Air
Sealed Air Corporation creates a world that feels, tastes and works better. In 2015, the Company generated revenue of approximately $7.0 billion by helping our customers achieve their sustainability goals in the face of today’s biggest social and environmental challenges. Our portfolio of widely recognized brands, including Cryovac® brand food packaging solutions, Bubble Wrap® brand cushioning and Diversey® cleaning and hygiene solutions, enables a safer and less wasteful food supply chain, protects valuable goods shipped around the world, and improves health through clean environments. Sealed Air has approximately 23,000 employees who serve customers in 169 countries. To learn more, visit www.sealedair.com
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