Sealed Air Corporation (NYSE:SEE) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.12 per common
share. The dividend is payable on June 19, 2009 to stockholders of
record at the close of business on June 5, 2009.
Business
Sealed Air is a leading global innovator and manufacturer of a wide
range of packaging and performance-based materials and equipment systems
that serve an array of food, industrial, medical, and consumer
applications. Operating in 52 countries, Sealed Air's international
reach generated revenue of $4.8 billion in 2008. With widely recognized
brands such as Bubble Wrap® brand cushioning, Jiffy® protective mailers,
Instapak® foam-in-place systems and Cryovac® packaging technology,
Sealed Air continues to identify new trends, foster new markets, and
deliver innovative solutions to its customers. For more information
about Sealed Air, please visit the Company’s web site at www.sealedair.com.
Forward Looking Statements
Some of the statements made by the Company in this press release are
forward-looking. These statements include comments as to future events
and trends affecting the Company’s business, which are based upon
management’s current expectations and are necessarily subject to risks
and uncertainties, many of which are outside the control of the Company.
Forward-looking statements can be identified by such words as
“estimates,” “expects,” “intends,” “plans,” “will” and similar
expressions. The following are important factors that the Company
believes could cause actual results to differ materially from those in
the Company’s forward-looking statements: general economic conditions
and conditions in the markets that the Company serves; changes in raw
material and energy costs; credit availability and pricing; the success
of the Company’s growth strategies and its cost reduction and
productivity program; the effects of animal and food-related health
issues; foreign exchange rates; and legal proceedings. A more extensive
list and description of these and other such factors can be found under
the headings “Risk Factors” and “Cautionary Notice Regarding
Forward-Looking Statements,” which appear in the Company’s most recent
Annual Report on Form 10-K or Quarterly Report on Form 10-Q, as filed
with the Securities and Exchange Commission.
Sealed Air Corporation
Amanda Butler, 201-791-7600
