New Business Structure Revealed by Sealed Air Corp
The new business structure by Sealed Air Corp. (SEE) aims on boosting growth abroad following the company's recent acquisition of cleaning products maker Diversey.
The president and chief executive of the company, Mr William V Hickey stated that they aim on generating maximum opportunities and value creation by their acquisition on Diversey.
The company had to deal with rising costs of raw materials but their earnings have increased on higher revenue across the company's business segments.
The company announced that their new business structure will come into effect by 2012 and will include three main business units as well as a group to help accelerate the growth in emerging markets.
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