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Showing posts from July, 2023

Ashok Chaturvedi sheds light on recyclability of multi-layer mixed Plastics (MLP)

 Ashok Chaturvedi, Chairman and Managing Director, UFlex Limited, recently released a report on recyclability of Multi-Layer mixed Plastic (MLP) waste at an event organised and hosted by Plastic Packaging Research and Development Centre (PPRDC). On this occasion, Ashok Chaturvedi, CMD, UFlex Ltd ., released a study report on Recyclability of Multi – Layer mixed Plastics. “At UFlex, we have always taken the lead in developing sustainable packaging solutions for our clients and for facilitating discussions with brand owners and regulators around recyclability of multi-layer mixed plastic waste. As a global leader in packaging, we have made significant investments in recycling facilities across our global locations to demonstrate the various applications of MLP waste. UFlex runs an advanced injection moulding facility at its Noida site and this was established to recycle granules and to demonstrate various possibilities to the moulding industry. Today, decorative, functional, engineer...

Recycling and use of recycled content is getting evolved faster than before” – Jeevaraj Pillai of UFlex

As we move into a new year, it’s time to ask what kinds of trends, priorities and disruptive innovations will be the key drivers in 2023. We spoke to Jeevaraj Pillai, joint president, flexible packing business and new product development, UFlex , about the year that has passed by, and the challenges and opportunities for the industry in 2023 and beyond. Consumer markets are experiencing rapid growth, especially in the food, personal care, and pharmaceutical industries and coupled with phenomenal growth in e-commerce sales, the packaging industry continues to register robust growth. Flexible packaging is gaining preference over rigid packaging alternatives, as it is lightweight and cost-effective. Research by allied market research indicates the size of the global flexible packaging market at USD 68.5 billion in 2021, which is projected to reach USD 102.8 billion by 2031 at a CAGR of 4.2%. Read more

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

A leading flexible packaging solution provider with customers across FMCG, consumer product goods, pharmaceuticals, and other sectors. 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 Engineering introduces Automatic Inks Change Trolley system at PlastIndia 2023

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.” Recently, we have introduced the automatic ink trolley change system. It is the first-of- its-kind innovation in the world, where the trolley change-over happens with the press of a button. Usually, in a gravure press, it takes almost 45 minutes to do a change-over of the job, and it is the most tedious...

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

 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. Read more