Sealed Air Corp : Sealed Air Addresses Sustainability and Food Safety and Security at World Packaging Forum

Company outlines three critical issues for global food supply chain

Sealed Air (NYSE: SEE) presented the importance of food safety and security and the critical need to assess the impact of food waste and product damage when assessing overall sustainability at the 2nd World Packaging Forum.

The widely attended forum, organized by the China Packaging Federation, focused on the sustainable development of the packaging industry in China. Speaking on behalf of Sealed Air and AMERIPEN, Dr. Ronald Cotterman, Vice President of Sustainability at Sealed Air, stressed the importance of packaging innovation across the food supply chain and collaboration with groups such as the China Packaging Federation and AMERIPEN. The China Packaging Federation is China's leading trade organization for the packaging industry and AMERIPEN is a trade association in North America that advocates and educates on issues related to packaging and the environment.

In emphasizing packaging performance, Cotterman illustrated examples of food packaging innovations that have resulted in reduced waste and greater security among food manufacturers, retailers and consumers. He said that while packagers and food processors focus on raw material diversification, recycling and lighter weight packaging, packaging performance must remain a priority for the entire industry.

"As part of our SmartLife™ initiative at Sealed Air, we look to offer packaging solutions that maximize protection while reducing costs and environmental impacts through the entire supply chain. One way we do this is through life cycle analysis, which looks beyond the package and considers the entire value chain and the broader life cycle of a product, which involves sourcing, distribution, use and even disposal. Most importantly, we consider the impact of product damage or food waste," Cotterman said.

According to Li Xin, Sealed Air's Vice President, North Asia, "Our Cryovac® brand packaging extends food shelf life and provides convenient consumer portioning. In addition, total-seal packaging secures food from drips and cross contamination in the supply chain and improves traceability, thus enhancing food safety, which is a high priority in China's development programs."

A topic of particular interest at the forum was the global demand for food as populations increase and how to effectively feed the world nutritiously, safely and sustainably.

"There is a growing need to address the most pressing issues facing our food supply, namely food safety, food waste and food access," said Cotterman. "With regard to waste, although we are more conscious of the impact our actions have on the environment, one third of the edible food produced on our planet is never consumed." The food we waste:

• Ends up in landfills where it rots and produces significant environmental impacts by releasing methane gas into the atmosphere;
• Translates into lost profits for processors and retailers, as well as higher prices for consumers; and
• Could otherwise have gone to help feed the millions of people who go undernourished every day.

For these reasons, Cotterman said it is vital to consider the role packaging plays in reducing waste when addressing sustainability. Packaging can extend product quality life, provide effective product protection from damage, enhance food safety and reduce consumer waste where a majority of food waste is generated.

In addition to packaging, Sealed Air is a leader in health and hygiene products. Through its Diversey™ and Cryovac® brands, the Company has committed to a path of invention to help the world increase access to food, keep it fresh and make it safe and secure.

About Sealed Air

Sealed Air is a global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap® brand cushioning, Cryovac^® brand food packaging solutions and Diversey^TM brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $8.1 billion in 2011, and has approximately 26,300 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com.

Forward-Looking Statements

Company statements in this press release may be forward-looking. These statements include comments as to future events that may affect the Company, which are based upon management's current expectations and are subject to uncertainties, many of which are outside the Company's control. Forward-looking statements can be identified by such words as "anticipates," "expects," "will" and similar expressions. A variety of factors may cause actual results to differ materially from these expectations, including: economic conditions affecting packaging utilization; changes in raw material costs; currency translation effects; and legal proceedings. For more extensive information, see "Risk Factors" and "Cautionary Notice Regarding Forward-Looking Statements," which appear in our most recent annual report on Form 10-K, as filed with the Securities and Exchange Commission, and as may be revised and updated by our quarterly reports on Form 10-Q and current reports on Form 8-K.

Sealed Air Corporation
Ken Aurichio, 201-791-7600
Ken.aurichio@sealedair.com

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