14 Aug 2020 --- Sealed Air has signed a collaboration agreement with advanced chemical recycling technology company Plastic Energy to transform how packaging is viewed and eliminate its waste. Toward this end, Sealed Air has made an equity investment of US$2.5 million in Plastic Energy Global, the parent company of Plastic Energy. The latter’s Thermal Anaerobic Conversion (TAC) technology process complements mechanical recycling as part of the circular economy by reducing the need for incineration or landfilling.