Company sells North American foam trays and absorbent pads business to NOVIPAX.
Latest In Sealed Air
Sales for the fourth quarter decreased 1.9 percent year-over-year.
Sealed Air returns to profit in 2013.
Sealed Air will continue to manufacture medical and pharmaceutical films.
Total sales for the company increased 2 percent year-over-year.
North American sales increased 2.1 percent.
The company reported a profit for the quarter, compared to a year-ago loss.