Sealed Air Announces Price Increases In North America - Quick Facts

(RTTNews) - Sealed Air Corp. (SEE) announced that, in response to the continued escalation of its key raw materials and other input costs, in particular polyethylene, nylon and benzene, the company is in the process of implementing North American price increases ranging from 3% to 8% within the Food Care and Product Care divisions.

The price increases for 2014 are: eight percent increase on food packaging trays effective February 3; five percent increase on paper packaging systems effective March 1; five-to-eight percent increase on other protective packaging products effective March 1; three and a half percent increase on Food Care hygiene solutions effective March 3; four-to-six percent on Food Care bags and rollstock effective March 24.