Sealed Air Corporation (NYSE: SEE) President and Chief Operating Officer, Jerome Peribere addressed foodservice professionals from around the world on key issues impacting food supply chains and solutions for making them safer, more nutritious, more efficient and less wasteful. The presentation was given at the inaugural Sirha World Cuisine Summit in Lyon, France – a convention bringing together more than 1000 professional and opinion leaders to identify and assess trends in the food service and restaurant industry. “At every step in the food supply chain – from farm to fork – there is the risk for contamination, damage and waste,” stated Peribere. “We must urgently address three pressing issues facing our food supply chain in order to alleviate these risks.” Peribere’s speech highlighted the following issues:
- Food Access: Today, more than enough food is produced to feed everyone on the planet, yet availability to food is unbalanced, leaving hundreds of millions starving and others obese.
- Food Safety: Despite significant advancements in technology and distribution, food contamination still runs rampant within society. The World Health Organization estimates that food-born and water-born diarrheal diseases combined kill nearly 2.2 million people annually.
- Food Waste: Each year, billions of tons of food are thrown into landfills, releasing methane gas into the atmosphere. This wasted food in the U.S. alone consumes 300 million barrels of oil, is responsible for one quarter of all freshwater consumption and represents $160 billion dollars in loss.
“If we can collectively bring our resources and expertise together, everyone can share in a thriving planet with access to safe and nutritional food,” Peribere added. “Sealed Air is committed to this ongoing vision of sustainability by helping people around the world eat better and lead healthier lives.”About Sealed Air Sealed Air is a global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap® brand cushioning, Cryovac ® brand food packaging solutions and Diversey TM brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $8.1 billion in 2011, and has approximately 26,300 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com. Forward-Looking Statements Company statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition and results of operations. These statements include comments as to future events that may affect the Company, which are based upon management's current expectations and are subject to uncertainties, many of which are outside the Company's control. Forward-looking statements can be identified by such words as "anticipates," "expects," "believes," "plan," "could," "estimate," "will" and similar expressions. For more extensive information, see "Risk Factors" and "Cautionary Notice Regarding Forward-Looking Statements," which appear in our most recent Annual Report on Form 10-K, as may be revised and updated from time to time by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. These reports are available on the Securities and Exchange Commission's website at www.sec.gov or our Investor Relations home page at http://ir.sealedair.com.