Tag Archives: flexible packaging industry

Uflex Posts Highest Ever Quarterly Production Volume

Uflex Posts Highest Ever Quarterly Production Volume; Robust Net Revenue for Q2 FY18-19 Backed by 10.6% Y-O-Y Surge in Sales Volume

03 November 2018, Noida, Uttar Pradesh(India): India’s flexible packaging giant, Uflex Limited reported 10.6% increase in overall sales volume on year-on-year basis, thereby achieving highest ever consolidated net revenue of INR 2020.8 crore for the quarter ended 30 September 2018. The consolidated net revenues showed a jump of 26% from INR 1603.8 crore in the same quarter last fiscal. Uflex also achieved the highest ever quarterly total production volume of 102442 MT.

The consolidated EBITDA for Q2 FY18-19 increased by almost 12% Y-O-Y to INR 264.6 crore from INR 236.5 crore. The consolidated net profit for Q2 FY18-19 at INR 95.7 crores was higher by 1.5% Y-OY.

Uflex’s Waterless Internet Flower Packaging Wins Top Honors at Sustainability Awards 2018

24 October 2018, Noida (Uttar Pradesh): Waterless Internet Flower Packaging, a remarkable breakthrough in packaging of flowers by Uflex, was pronounced winner of the overall ‘Best Sustainable Packaging Innovation’ Sustainability Awards 2018. It also emerged as a front runner in the ‘Resource Efficiency’ category that honors innovations in packaging that do more with less, such as down-gauging material or reducing the carbon footprint without increasing the environmental impact of the packaged products. Uflex’s entry won both the awards at the Sustainability Awards ceremony that took place yesterday at Scanpack in Gothenburg, Sweden.

Sustainability Awards, hosted by Packaging Europe, is a comprehensive and rigorously judged initiative that recognizes the packaging industry’s top achievement in innovative packaging design, material, technologies and processes. The competition challenges the industry to take a holistic approach to sustainability and to bring out the best ideas around improving the environmental footprint of packaging.

Uflex Chemicals launches UV LED Sheetfed Inks ‘FLEXGREEN’ for Offset Application

Noida, October 03, 2018: Furthering its commitment towards environment sustainability and energy efficiency, Uflex Chemicals has taken yet another significant step with the introduction of its new Ink series ‘FlexGreen’ an exclusive range of UV LED sheetfed Inks for commercial printing and packaging.

The Chemicals Business of Uflex Ltd is a leading supplier of Inks, Adhesives and Speciality Coatings, is amongst the first few Ink producers globally to offer complete solutions to UV LED Sheetfed printers with its Inks, Coatings and Texture systems. ‘FlexGreen’ will substantially help reduce import dependence.

Taking the packaging film procurement process out of the eighties – Mr. Anantshree Chaturvedi speaks with Tim Sykes Packaging Europe at FachPack 2018

Article Post: 25/09/2018 | Tim Sykes, Packaging Europe

While there has been tremendous innovation in flexibles technology over recent years, accompanied by huge changes in end use markets, Anantshree Chaturvedi (FlexFilms’ international vice chairman & CEO) remarks that across the industry little has changed in film buying since the 1980s.

FlexFilms, the global film manufacturing arm of India’s largest multinational flexible packaging solutions company, Uflex, has launched first of its kind e-commerce website, FLEX-BuzzR, that will make the complete range of film offerings from its Poland plant available to customers in Europe at a click of a button. Packaging Europe’s Tim Sykes caught up with Anantshree Chaturvedi, who unveiled the innovation at FachPack today.

Uflex’s Chaturvedi: “Multi-layer plastic packaging is 100% recyclable”

Article Post: 07/09/2018 | Rushikesh Aravkar, PrintWeek India

“The good news is that multi-layer plastic packaging (MLP), even when it is printed, laminated and metallised, is 100% recyclable,” declared Uflex chairman Ashok Chaturvedi. He was speaking at the Speciality Films and Flexible Packaging Global Summit in Mumbai.

Chaturvedi said, “Uflex recognises its responsibility to the environment. It has been recycling all types of multi-layer packaging waste, in varied combinations and structures, successfully for the past two decades. It was awarded in Davos for this initiative way back in 1995.”