UFlex has declared its annual effects for fiscal 2020-21 and quarter ending March 2021. With packaging taking the center stage in pandemic-affected 2020, UFlex rose above the challenges to put up exemplary performance, and done the highest ever creation and sales volumes, profits and profitability within the quarter as well as in FY2020-21.
The non-stop turret-based mostly slitting desktop which UFlex developed all over FY 2020-21
Ashok Chaturvedi, chairman and managing director, UFlex referred to, "Our company community has weathered the disruption while also demonstrating resilience to contend with the ever-changing calls for of the field. We commissioned three of our projects in FY2020-21, a BOPET film line in Russia and Poland each; and a brand new BOPP movie line in Egypt with forty two,000 TPA potential, therefore gaining an even wider attain globally."
He introduced, "The pandemic didn't dampen our focus on ESG practices and we continue to intensify our efforts on this entrance. After the success of publish-client multi-layer combined plastic waste and PET bottle waste recycling traces at Noida, we are within the process of replicating these at our distant places places, at an excellent bigger scale. At our Mexico facility, we are establishing plant to upcycle submit-consumer PET bottles waste into excessive recycled content polyester PCR films, for bendy packaging purposes and additionally suggest to install facilities to recycle submit-consumer multi-layer mixed plastic waste to make molded, injection molded and extrusion molded components, both of which shall contribute to a round plastic economic system. In Poland, once more, we are developing plant to recycle post-buyer multi-layered combined plastic waste to make a considerable number of molded add-ons."
UFlex also displayed its commitment against sustainability and innovation by using developing a number of recent chopping-part choices for a stronger future.
in the bendy packaging company, the enterprise developed new sustainable laminate structure with reduced plastic use. the new laminate presents good machinability and improved laminate yield. In bendy packaging, the enterprise additionally developed stronger packaging constitution for Paper Boat Swing 150 ml juice latitude, revamped structure for quickly-food packaging, and developed spout packaging layout for decoction espresso.
within the aseptic liquid packaging enterprise, Radico collaborated with Asepto to launch blended whiskey in new aseptic packs.
in the chemical compounds company, UFlex developed super UV LED Flexo ink series for narrow internet printing and Flexmatt paper effect OP ink.
in the holography company, the enterprise developed token for paint business, patch embroidery with hotmelt movie for textile business, and CPP glitter film for décor.
within the engineering company, UFlex developed three new purposes centered in multi-music machines for sachet market, solvent-less laminator with registered lamination, and non-stop turret-based mostly slitting computing device for BOPP pancake.
within the packaging films enterprise, the business developed extremely-high barrier transparent AlOx BOPP movie B-ULX for dry food packaging, sustainable clear excessive heat resistance BOPP movie with high-quality oxygen blockading, magnificent barrier metallised BOPP film B-UHB-M appropriate for aluminum foil substitute, and direct embossable polyester movie F-EMB to boost aesthetics.
/information/uflex-closes-fy-202021-on-a-excessive-note-54800 UFlex closes FY 2020-21 on a excessive be aware https://www.printweek.in/Utils/ImageResizer.ashx?n=http://img.haymarketsac.in/printweek/09d91c64-0d92-478c-a318-203ebcbe9e38.jpg
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