SEE Launches Compostable Protein Packaging Tray at IPPE 2024
Sustainable Retail Packaging Solution Replaces EPS On Processor Production Lines
SEE's new CRYOVAC® brand compostable overwrap tray is made from biobased, food-contact grade resin, which is
Setting a new sustainability standard, SEE will introduce the CRYOVAC® brand compostable overwrap tray at the International Product & Processing Expo (IPPE)
Proven Strength and Certified Compostable
Developed to offer the same performance and stability as EPS foam trays, SEE's lightweight tray underwent extensive trials across the food value chain where it survived rigorous manufacturing systems, extreme temperatures, and demanding shipping and distribution environments without breaking, cracking, or leaking.
The tray has been tested (without added components such as the overwrap film, pad, label, or sticker) and certified by BPI to be industrial compostable, meaning it can be broken down by biological treatment at a large-scale industrial composting facility where available. The resin used to make the tray has been certified by TÜV Austria as soil and marine biodegradable, which means it is degraded by microorganisms existing naturally in the environment.
"SEE is proud to bring to market the first compostable packaging tray designed to run on existing processor production lines," said
Commitment to Sustainability
The CRYOVAC® brand compostable overwrap tray is part of SEE's broader commitment to sustainability. The company has pledged to design and advance all its packaging solutions to be recyclable or reusable, to eliminate waste by incorporating an average of 50% recycled or renewable content into packaging solutions, and to collaborate on recycling technology and infrastructure.
SEE's Impact Report for FY22 details the company's sustainability commitments, industry leadership, innovative solutions, and global strategic partnerships. The report highlights SEE's progress toward its sustainability goals including diverting waste from landfills and operational reductions in greenhouse gas emissions, energy, water intensity.
SEE (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we find it. Our automated packaging solutions promote a safer, more resilient, and less wasteful global food, fluids and liquids supply chain, enable e-commerce, and protect goods in transit from damage.
The company, under its former trade name,
Our globally recognized solution brands include CRYOVAC® food packaging, LIQUIBOX® fluids and liquids systems,
Our partnership with customers creates value through sustainable, automated, and digital packaging solutions, leveraging our industry-leading expertise in materials, automation systems, engineering, and technology.
Our SEE Net Positive Circular Ecosystem is leading the packaging industry in creating a more environmentally, socially, and economically sustainable future. We have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero
Our SEE Impact Report highlights how we are shaping the future of the packaging industry. We are committed to a diverse workforce and a caring, inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition, results of operations and cash flows. Forward-looking statements are subject to risks and uncertainties, many of which are outside our control, which could cause actual results to differ materially from these statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by such words as "anticipate," "believe," "plan," "assume," "could," "should," "estimate," "expect," "intend," "potential," "seek," "predict," "may," "will" and similar references to future periods. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements.
Examples of forward-looking statements include, among others, statements we make regarding expected future operating results, expectations regarding the results of restructuring and other programs, expectations regarding future impacts resulting from the Liquibox acquisition, anticipated levels of capital expenditures and expectations of the effect on our financial condition of claims, litigation, environmental costs, contingent liabilities and governmental and regulatory investigations and proceedings.
The following are important factors that we believe could cause actual results to differ materially from those in our forward-looking statements: global economic and political conditions, including recessionary and inflationary pressures, currency translation and devaluation effects, changes in raw material pricing and availability, competitive conditions, the success of new product offerings, failure to realize synergies and other financial benefits from the acquisition of Liquibox within the expected time frames, greater than expected costs or difficulties related to the integration of Liquibox, consumer preferences, the effects of animal and food-related health issues, the effects of epidemics or pandemics, including the Coronavirus Disease 2019, negative impacts related to the ongoing conflicts between
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