Transforming the pork market

Packaging expert Sealed Air Corporation enjoyed exponential growth in China in line with the country's burgeoning economy when it first entered the market in the 1980s.

The New Jersey-headquartered company had first started out helping US beef manufacturers and exporters extend the shelf life of their products with innovative packaging, and later diversified with the acquisition of Diversey Inc, the Wisconsin-based provider of cleaning and hygiene products.

But Shen Hong, vice-president of Sealed Air's Shanghai headquarters, said it entered unchartered waters when China's economic slowdown took hold over the past couple of years.