Sealed Air, Ecovative Design Complete Deal on New Sustainable Packaging Material

Sealed Air Corp. and Ecovative Design completed an agreement to accelerate the production, sales and distribution of Ecovative’s EcoCradle Mushroom Packaging — a new technology for environmentally responsible packaging materials made from agricultural byproducts and mycelium, or “mushroom roots.”

According to the agreement, Sealed Air will be the exclusive licensee of Ecovative Design’s mycelium-based material technology in North America for protective packaging applications. In the past six months Sealed Air and Ecovative Design have developed plans for sales and marketing as well as the augmentation of production capabilities.

Sealed Air plans to begin offering the new products immediately. Details of the transaction were not disclosed. For more information, go to: www.mushroompackaging.com.

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