Sealed Air President Addresses Food Safety and Security Issues and Solutions
at Sirha World Cuisine Summit
ELMWOOD PARK, N.J. -- January 30, 2013
Sealed Air Corporation (NYSE: SEE) President and Chief Operating Officer,
Jerome Peribere addressed foodservice professionals from around the world on
key issues impacting food supply chains and solutions for making them safer,
more nutritious, more efficient and less wasteful. The presentation was given
at the inaugural Sirha World Cuisine Summit in Lyon, France – a convention
bringing together more than 1000 professional and opinion leaders to identify
and assess trends in the food service and restaurant industry.
“At every step in the food supply chain – from farm to fork – there is the
risk for contamination, damage and waste,” stated Peribere. “We must urgently
address three pressing issues facing our food supply chain in order to
alleviate these risks.” Peribere’s speech highlighted the following issues:
*Food Access:Today, more than enough food is produced to feed everyone on
the planet, yet availability to food is unbalanced, leaving hundreds of
millions starving and others obese.
*Food Safety:Despite significant advancements in technology and
distribution, food contamination still runs rampant within society. The
World Health Organization estimates that food-born and water-born
diarrheal diseases combined kill nearly 2.2 million people annually.
*Food Waste: Each year, billions of tons of food are thrown into landfills,
releasing methane gas into the atmosphere. This wasted food in the U.S.
alone consumes 300 million barrels of oil, is responsible for one quarter
of all freshwater consumption and represents $160 billion dollars in loss.
To address these problems, Sealed Air utilizes its SmartLife™ approach, which
focuses on helping people live healthier and eat better. Rather than relying
on a single product or service, the approach aims to consider a broader
solution to achieve sustainability in all levels of the food chain. At the
manufacturing and food processing level, Sealed Air packaging, cleaning and
hygiene products reduce contamination, preserve nutritional value and reduce
waste. At the retail level, Sealed Air solutions improve cleanliness, extend
shelf life of food and help foster menu expansion. Finally, in the home,
proportioned solutions help reduce waste by addressing over-purchasing and
“If we can collectively bring our resources and expertise together, everyone
can share in a thriving planet with access to safe and nutritional food,”
Peribere added. “Sealed Air is committed to this ongoing vision of
sustainability by helping people around the world eat better and lead
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.
Company statements in this press release may be "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995
concerning our business, consolidated financial condition and results of
operations. 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," "believes," "plan," "could," "estimate," "will" and similar
expressions. 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 may be revised and updated from
time to time by our Quarterly Reports on Form 10-Q and Current Reports on Form
8-K, as filed with the Securities and Exchange Commission. These reports are
available on the Securities and Exchange Commission's website at www.sec.gov
or our Investor Relations home page at http://ir.sealedair.com.
Sealed Air Corporation
Ken Aurichio, 201-791-7600
Executive Director of Corporate Communications
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