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Showing posts from May, 2023

UFlex addresses customers’ dynamic needs to be a front-runner in technology and business

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A leading flexible packaging solution provider with customers across FMCG, consumer product goods, pharmaceuticals, and other sectors. Established in 1985, UFlex has become one of India's most reliable flexible packaging companies. The company offers an extensive range of manufacturing capacities of packaging films, flexible packaging, printing, and other value-added packaging applications, that cater to its customers spread across 140 countries. The services include technologically superior packaging for various products such as snack foods, candy, confectionery, sugar, rice and other cereals, beverages such as tea and coffee, and more. Read more

Uflex plummets 7% after reporting net loss of Rs 85 crore in December quarter

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Uflex, one of India's leading flexible packaging companies, share price declined 7 percent in the morning session on February 15, a day after the company reported a loss in the December quarter of the financial year 2022-23. The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago. At 12.13 pm, Uflex was trading at Rs 483.30 on the National Stock Exchange, down 5.52 percent from the previous day's close. The primary reason for the loss was the devaluation of the Egyptian currency, which caused a loss of Rs 84 crore. During the third quarter, notional foreign exchange losses due to currency devaluation/fluctuations aggregated to Rs 236 crore. Read more

Uflex Engineering introduces Automatic Inks Change Trolley system at PlastIndia 2023

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 At the much-awaited Plastindia 2023, UFlex’s engineering, chemicals, and printing cylinder businesses showcased their wide range of printing cylinders, inks, adhesives, coatings, advanced printing, laminating, and slitting machines at booth no A-06, Hall No 11. Mr.Ajay Tandon, President, Engineering business and new product development, UFlex Limited said, “Plastindia is one of the largest platforms to display raw material, converting machines, processing machines, and other products and solutions catering to the packaging and printing industries. Here we are promoting our rotogravure machine with quick auto change over trolley and displaying a solventless laminator with improved tension control systems at the stand. The displayed laminator has a speed of 400 to 450 mtr/min. We also have a different range of slitters, like the new Ecoslit- 600, which can accurately perform at 600 mtrs/mins, giving value for money and better ROI to customers. Read more

Rajesh Bhasin: UFlex plans on investing more in R&D

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 Rajesh Bhasin, joint president, UFlex Chemicals Business, in a conversation with the WhatPackaging? Team, gives insights about UFlex’s chemical business and what has been transpiring on the ground with inks and coatings, at Plastindia 2023, held at Pragati Maidan WhatPackaging? (WP): What did UFlex display at Plastindia with the chemical business? Rajesh Bhasin (RB): At Plastindia, we showcased o ur entire portfolio of products and solutions. The UFlex chemical business has a product basket that consists of inks, adhesives, and coatings. But when we talk about their applications; they include offset, narrow-web, and converting inks and that is the bandwidth we present here. While our initial focus was on the converting industry; we have now added narrow-web and offset to our portfolio as well. Read more

Ink World Interview: Amit Shah of UFlex

 Joint president and CMO, Flexible Packaging business, UFlex Limited, discusses industry trends and recent developments at UFlex. The flexible packaging industry is growing rapidly, and UFlex is a leader in the industry, both in packaging and in inks. Amit Shah, joint president and CMO, Flexible Packaging business, UFlex Limited , discusses the drivers for this growth as well as some of the recent innovations at UFlex. Ink World: How has the flexible packaging industry been faring in recent years, and is it still growing today? Ink World magazine, Ink Industry magazine, finishing, ink manufacturers, pigments, resins, varnishes, solvents, waxes, equipment, flexo, gravure, radiation-cured, inkjet, RFID, printed electronics, specialty inks, coatings, allied products. Read more