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March 7, 2023

SHANGHAI, CHINA – Sealed Air Corporation (NYSE: SEE) today welcomed guests to the 15th anniversary celebration of its newly reinvented Asia Pacific Customer Experience Center (known as Packforum APAC). Located in the Shanghai Qingpu Industrial Park, Packforum APAC enables visitors to experience packaging excellence and innovation and gain insights into the latest consumer and industry trends. It brings together an integrated showcase of solutions across all of SEE’s global power brands that serve B2C and B2B sectors, including CRYOVAC® food packaging, LIQUIBOX® fluids and liquids systems, SEALED AIR® protective packaging, AUTOBAG® automated solutions, BUBBLE WRAP® packaging, SEE Automation, and prismiq digital packaging and printing.

For the past 15 years, Packforum APAC has served as an increasingly important hub for key industries and has hosted thousands of visitors through events and conferences. SEE’s customers can now expect a whole new experience that is technology-driven, engaging and inspiring, and fully dedicated to solving their most critical packaging and sustainability challenges. SEE’s experts are on site to collaborate on the design, creation and testing of packaging solutions and applications.

Packforum APAC includes a retail showcase of advanced packaging solutions, a central kitchen for food service packaging, an innovation hall with integrated automated solutions, a learning zone for training and seminars, and a studio with live streaming capabilities. It also houses an APASS and ISTA-certified lab approved to test, design and supply packaging solutions that meet Amazon and ISTA packaging certifications.

Packforum APAC is co-located in Qingpu with the company’s largest manufacturing plant in the region, which was also established in 2008. Leveraging the economic vitality of the Yangtze River Delta region, SEE has been able to utilize its expertise in technology, advanced manufacturing, automation, materials, and digital science to provide solutions for industries ranging from fresh food, e-commerce, and logistics to industrial, medical and pharmaceuticals. It now serves as a manufacturing hub for China and Asia Pacific, as an integral part of the company’s global supply chain network. Across China, SEE is a leading employer of more than 1,000 employees that include highly qualified and skilled talent in engineering, R&D, finance, business, and marketing.

“Over the years, SEE’s integrated operations in Qingpu have played an active role in supporting China’s industry transformation and its national strategies in food safety, supply chain modernization, and green economy. We will continue to bring global innovations closer to customers in the region. At the same time, we have established strong institutional and industry knowledge to develop and customize solutions for local and regional needs. As we move into Reinvent SEE 2.0, we are transforming the company into a world-class organization, partnering with customers to automate sustainable packaging solutions,” said Alessandra Faccin, President of SEE Asia Pacific.

“Building on the legacy of our Qingpu presence and transforming it to a world-class facility is in line with our customer-first approach to bring market-centric packaging solutions that reduce waste, improve productivity, and unlock efficiencies. When we first established our Qingpu operations in China, it was the first-of-its-kind facility to support China’s packaging industry. Our manufacturing facility now exports to global markets and Packforum APAC is an integrated showcase of advanced packaging solutions. Thank you to all our business partners and customers for your strong support and collaboration,” said Alex Zhou, Vice President for Supply Chain, SEE Asia Pacific.

Packforum APAC is one of four SEE Packforum locations across the world, with other locations in Italy, Brazil, and SEE’s global headquarters in the United States.


About SEE

Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we find it. Our automated packaging solutions promote a safer, more resilient, and less wasteful global food, fluids and liquids supply chain, enable e-commerce, and protect goods in transit from damage.

Our globally recognized solution brands include CRYOVAC® food packaging, LIQUIBOX® fluids and liquids systems, SEALED AIR® protective packaging, AUTOBAG® automated packaging systems, BUBBLE WRAP® packaging, SEE Automation and prismiq digital packaging and printing.

Our partnership with customers creates value through sustainable, automated, and digital packaging solutions, leveraging our industry-leading expertise in materials, automation systems, engineering and technology.

Our SEE Net Positive Circular Ecosystem is leading the packaging industry in creating a more environmentally, socially, and economically sustainable future. We have
pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are committed to a diverse workforce and caring, inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.

SEE generated $5.6 billion in sales in 2022 and has approximately 16,300 employees (not including Liquibox employees) who serve customers in 120 countries/territories. To learn more, visit sealedair.com.

Website Information

We routinely post important information for investors on our website, sealedair.com, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition, results of operations and cash flows. Forward-looking statements are subject to risks and uncertainties, many of which are outside our control, which could cause actual results to differ materially from these statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by such words as “anticipate,” “believe,” “plan,” “assume,” “could,” “should,” “estimate,” “expect,” “intend,” “potential,” “seek,” “predict,” “may,” “will” and similar references to future periods. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding expected future operating results, expectations regarding the results of restructuring and other programs, expectations regarding future impacts resulting from the Liquibox acquisition, anticipated levels of capital expenditures and expectations of the effect on our financial condition of claims, litigation, environmental costs, contingent liabilities and governmental and regulatory investigations and proceedings.

The following are important factors that we believe could cause actual results to differ materially from those in our forward-looking statements: global economic and political conditions, including recessionary and inflationary pressures, currency translation and devaluation effects, changes in raw material pricing and availability, competitive conditions, the success of new product offerings, failure to realize synergies and other financial benefits from the acquisition of Liquibox within the expected time frames, greater than expected costs or difficulties related to the integration of Liquibox, consumer preferences, the effects of animal and food-related health issues, the effects of epidemics or pandemics, including the Coronavirus Disease 2019, negative impacts related to the ongoing conflicts between Russia and Ukraine and related sanctions, export restrictions and other counteractions thereto, changes in energy costs, environmental matters, the success of our restructuring activities, the success of our merger, acquisition and equity investment strategies, the success of our financial growth, profitability, cash generation and manufacturing strategies and our cost reduction and productivity efforts, changes in our credit ratings, the tax benefit associated with the Settlement agreement (as defined in our 2021 Annual Report on Form 10-K), regulatory actions and legal matters and the other information referenced in the “Risk Factors” section appearing in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and as revised and updated by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statement made by us is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.