UFlex Blog - Flexible Packaging Industry in India

 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

  February 13, 2019, Noida: Continuing with its string of wins, Uflex Ltd has been recognized for innovative packaging in the category of Excellence in Packaging – Beverages (Large Enterprises) for Asepto Spark ‘Fresca’ at The Economic Times Polymers Awards 2019 held on Feb 12, 2019 at Mumbai. The company has won the award for Fresca packaging, the first holographic pack of the era. On receiving the award, Ashwani Kumar Sharma, President & CEO at Uflex Ltd, said, “The idea of our packaging innovation was to enhance the shelf appeal which was deprived in the printed cluster. Asepto Spark and Premium range filled that void and created a new horizon of packaging for brands to look forward to.” Uflex always inspired its customers to reimagine the packaging experience with Asepto’s Spark and Premium range. “We are committed to creating innovative products and solutions for our customers around the globe, as our packaging innovation offers endless possibilities. This award certainly ...

  February 28, 2019, Noida (India): IndiaPlast, the biggest plastics show in India was inaugurated today by Niti Aayog CEO Amitabh Kant in the presence of Arun Kumar Panda, Secretary from Ministry of MSME, Mahendra N Patel, Chairman, PMMAI and Uflex CMD Ashok Kumar Chaturvedi. The 5 day exhibition being held at IndiaExpo Centre in Greater Noida will conclude on March 04, 2019. Addressing the media at the inaugural ceremony, Ashok Chaturvedi, CMD of Uflex Ltd. emphasized on the importance of plastics and it’s recycling in India. He said that the only alternative available as of now for plastic is wood. However, with the kind of requirement that exists, wood will not be a viable solution as all trees will have to be cut resulting shaving the green off our planet. Read More

  Article Post: 17/04/2019 | Satnam Singh Correspondent, Plastics News Noida, India — As India continues to see calls for restrictions on plastics, companies at the recent Indiaplast show were trying to demonstrate more potential in recycling. India’s government announced March 6 it would ban imports of plastic waste, following similar moves by China and other Asian countries. According to Indian press accounts, the move extends what had been a partial ban. Previously, India had allowed scrap plastic imports into special economic zones and “exported-oriented units” that would use the scrap in their manufacturing operations. But the new ban prohibits that as well. At the opening ceremony of Indiaplast 2019, the head of India’s largest flexible packaging firm said the industry is trying to show that plastics are recyclable, amid the increasing government pressure. Prime Minister Narendra Modi’s government announced last year it intended to ban all single-use plastics by 2022. Read Mo...