Monthly Archives: February 2019
Multi-Layer Plastic is the Ideal Solution to Save Our Environment: Uflex CMD Ashok Chaturvedi @ IndiaPlast 2019
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.
Uflex Honoured with ‘Excellence in Packaging – Beverages’ at The ET Polymers Awards 2019
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 Steals the Show at IFCA STAR AWARDS 2018 with Six Wins
February 11, 2019, Noida (India): Uflex stole the show with six awards at the recently held IFCA STAR AWARDS 2018 with special emphasis on Innovation, Graphics, Creativity, Branding and R&D.
IFCA Star Awards is a prestigious award for the Flexible Packaging & Carton Packaging industries that provides the packaging sector with a platform to showcase innovative minds in the industry and recognize their continuous efforts through development of pioneering products and technology.
Uflex Posts a Strong Performance in Q3 FY 2018-19
07 February 2019, Noida, U.P (India): Uflex Ltd declared its earnings for the Quarter ended December 31, 2018 and reported consolidated net revenue of INR 1981.1 crore, a jump of 17.7% on Y-o-Y basis.
The consolidated EBITDA for Q3 FY18-19 stood at INR 227.7 crore, showing an increase of 13.6% Y-O-Y while the consolidated net profit rose marginally by 3.8% Y-o-Y to 54 crore for Q3 FY19.