Sealed Air Corporation announced
price increases ranging from 5% to 8% for the majority of its Food Care
division's North American products. The increases will be effective October 2,
2017.
"Sealed Air has not had a price increase for Food Care products in North
America since 2014, and we are working to minimize the cost adjustments and
their impact on our customers," said Karl R. Deily, President, Sealed Air
Food Care; "However, notable increases in our input costs, including a 31%
rise in the price of polyethylene since 2016, make changes to our prices
necessary in order to continue to deliver the same level of value and
innovation to our customers."
The price changes include a 5% increase on all shrink bags, rollstock products,
food films and vertical pouch packaging, as well as a 6% increase on unpadded
solid plastic trays and an 8% increase on pre-padded solid plastic trays.
Sealed Air Corporation is a knowledge-based company focused on packaging
solutions.
Sealed Air Corporation announced price increases ranging from 5% to 8% for the majority of its Food Care division's North American products. The increases will be effective October 2, 2017.
