Monthly Archives: June 2015
UFLEX Ltd. adjudged number one in terms of Total Income in the Packaging and Allied Activities sector by Dun &Bradstreet
India’s largest flexible packaging company Uflex has been adjudged number one company in the Packaging and Allied Activities Sector by Dun &Bradstreet (D&B), the world’s leading provider of global business information, knowledge and insight. D&B in its 15th edition of the report “India’s Top 500 Companies 2015” has ranked Uflex as number one, on account of its total income in the year 2014 which is highest by any company in the sector.
‘India’s Top 500 Companies’ is among the longest running reputed publications in the country that ranks and felicitates high performance Indian companies in terms of various financial and operational parameters.
This is a great achievement yet again for the company. Ashok Chaturvedi, Chairman and Managing Director of Uflex feels that this award is an acknowledgement of Uflex’s business strategy based on the principle of Client Relationship Management. Today Uflex is the preferred supplier of flexible packaging solutions to the customers across the world. For Uflex, customer is at the core. The association with each client extends far beyond the business realms to form a strong bond as enterprise partners and not merely suppliers.. Uflex Ltd’s continued commitment towards innovation and adding value to clients’ businesses is reflected in the organization’s sustained growth over the years.
Founded in 1983, Uflex today has state of the art packaging facilities at multiple locations in India with installed capacity of over 80,000 TPA. and plastic film manufacturing facilities in India, UAE, Mexico Egypt, Poland and USA with cumulative installed capacity of around 337,000 TPA.Uflex Filmlines are accredited with ISO 9000 and ISO 14000 certifications. Uflex caters to markets spanning across the globein countries like USA, Canada, South American countries, UK and other European Countries, Russia, South Africa, CIS and African nations..The organization is in the process of setting up first of its kind Aseptic packaging plant for liquid packaging in Sanand, Gujarat with an investment of INR 550 Crores.
UFLEX Ltd (www.uflexltd.com) is listed on Bombay Stock Exchange (UFLEX: 500148) and NSE as India’s largest flexible packaging company with large manufacturing capacities of plastic film and packaging products providing end-to-end solutions to clients across more than 140 countries through its fully integrated set-up..The organization has vast capacities for production of Polyester chips, Biaxially Oriented Polyethylene Teraphthalate (BOPET) and Biaxially Oriented Polypropylene (BOPP) films. Qualifying for the widest spectrum of flexible packaging solution provider, Uflex Limited produces superior quality inks and adhesives. Uflex has distinctively styled unique product lines for Holography. Uflex has state-of-the-art rotogravure printing cylinder manufacturing facility further completing the process of integration. Further enhancing its product portfolio are Uflex Ltd’s packaging and converting machines which have found global acceptance in over 40 countries. Uflex Ltd offers technologically superior packaging for a wide variety of products such as snack foods, candy and confectionery, sugar, rice & other cereals, beverages, tea & coffee, dessert mixes, noodles, wheat flour, soaps and detergents, shampoos & conditioners, vegetable oil, spices, marinates & pastes, cheese & dairy products, frozen food, sea food, meat, anti-fog, pet food, pharmaceuticals, contraceptives, garden fertilizers and plant nutrients, motor oil and lubricants, automotive and engineering components etc.
Some of Uflex Limited’s clients on the global turf include Unilever, Pepsi, Wrigley, Procter & Gamble, Colgate, Palmolive, Nestle, Gillette, Ranbaxy, Perfetti, Joyco, Monsanto, ITC, Godrej Pillsbury, Tata Tea, Hindustan Petroleum, Indian Oil, Britannia, Dabur, Haldiram, Wockhardt, HUL, Parle Biscuit, Birla 3M, among others.
Lightweight flexible packaging is the heavyweight of the industry
Flexible packaging may be offering lightweight technologies, but it is quite a heavyweight in the packaging industry. In fact, flexible packaging continues to be one of the fastestgrowing packaging segments. The Indian flexible packaging market has grown to become Asia’s third largest valued at $7.2billion in 2013. The global consumption of flexible packaging is expected to reach $231billion by 2018.
It is flexible packaging with its high standard of functionality and sustainability to cater to today’s discerning set of consumer. Today flexible plastic packages can be found in super marts, grocery stores, shopping aisles etc.
Globally, the use of pouches for snacks grew by 7% in the year 2012-13. Pouches for sauces, juices registered a growth of 20% in the same duration. Other categories like baby food, side dishes grew by 102% and 58% respectively in the same period. Pouch packaging also saw a 32% growth in the pet food segment in the duration 2009-13. So what makes flexible packaging so popular? We list some of them here:
Flexible packaging is flexible!
Added to its functionality is the aspect of convenience that makes this form of packaging climb the popularity charts. Giving the consumers the convenience they desire has been the hallmark. The stand up pouches come with resealable options like screw on caps which make the product more convenient and sustainable. Spouted pouches are a popular choice among the consumers, manufacturers, and retailers due to their ability to inhibit harmful impact on the environment, their ease of use, inexpensive nature, and flexible packaging options.
Flexible style of packaging can be customized into practically any shape or size. They can also incorporate a variety of colors and styles. A different looking packet is bound to attract the eye of the consumer and hence help the businesses and brands gain recognizition. The process is cheap so even the most cost conscious business can afford it.
Sustainability
Sustainable ideas and environmental friendly packaging is at the helm of innovation for the flexible packaging companies all over the world.Much of flexible packaging’s sustainability comes from the fact that it has reduced materials usage and lighter weight.. There is less wastage and less use of energy and water at the manufacturing level.
Flexible packaging today offers a variety of packaging options that has shrink sleeves, resealable option, rise up plastic packages, zip pouches, stand up pouches etc. These help the food take the shape of the package and preserve the content for a longer shelf life. The quality of lamination also helps preserve the food and its taste for a longer period.Many companies like Uflex Ltd., are involved in R&D of new materials that will permit flexible packaging to have more sustainable option like recycling, composting, 0% wastage etc.
Informative& Design friendly
Customers look for honesty in the brands they choose to use. They also like to see the products they are buying. Simply said, they want to know whether the contents listed on the package are exactly what they are to find inside it and also that the product is not compromised with. For that manufacturers allow for a transparent panel in the packaging which can display the product and also design to ensure that their packages look trustworthy. This form of packaging also enables a printable surface so brands can determine how much of the product to showcase, while maintaining brand impact.
Flexible packaging allows for a new and sophisticated printing and designing techniques to be used on the packet. This fact alone gives the manufacturers to design attractive logos, designs, graphics etc on their package which can catch the eye of the consumer.
Flexible packaging makes it easy for design innovations that are beneficial to both brand and the end consumer. Newer innovations are making packages easier to carry, open and reseal making it one of the most convenient and preferred form of packaging. Uflex Ltd., India’s largest flexible packaging company has pioneered innovations which have revolutionarized the flexible packaging market. It offers world class flexible packaging solutions, a variety of value added flexible packaging material and sophisticated products. The company believes that the greatest improvement in the packaging industry is the flexible packaging and strives to provide smart, intelligent packaging solutions to the consumers with state of the art packaging and converting machines.