Sealed Air Corp., a major plastics converter known for such brand names as Bubble Wrap and Cryovac, is taking a beating from rising polyolefin prices, poor pricing discipline on its own products, weak margins and bad debts. The company has launched what it describes as an aggressive quality of earnings improvement program, which will include divestitures, improved purchasing practices, and pricing controls. Tagging Options Domain: All Sites read more
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Sealed Air targets ‘bleeders’ in attack on margin weakness