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COMPANY REPORT

UFlex closes Jan-March 2022 quarter with series of new offerings
Monday, 06 June, 2022, 08 : 00 AM [IST]
Our Bureau, New Delhi
UFlex, India’s largest multinational in flexible packaging materials and solutions and a global leader in polymer sciences, unveiled its range of value-added, sustainable products and solutions that are set to rewrite the packaging story for brands and converters in this competitive landscape.

The company shared the new launches made during January to March 2022 while announcing its quarterly and annual results closing on March 31, 2022. These developments are a result of the company’s focus on understanding the pain points of brands, analysing the desired user experience they want to deliver while simultaneously helping them step closer to their sustainability goals especially with new EPR guidelines being announced in India and other countries.

Sharing his outlook on the new guidelines and its impact on the company, Ashok Chaturvedi, chairman and managing director, UFlex Limited, said, “What excites me most about the year ahead is the opportunities that will originate from the much talked about new Plastic Waste Management (Amendment) Rules 2022 in India, and our readiness to embrace them. As a  socially responsible organization that has been leading the way in sustainable solutions, we are setting-up India’s first U-shaped paper straw line for aseptic carton packs at our Sanand plant, which is already gaining traction from many beverage brands considering the impending ban on single use plastic. With our extensive R&D strength and innovative spirit, we are deep into creating future-ready solutions in plastic packaging for our clientele, including advanced biodegradable solutions, so that we can together step closer towards a sustainable tomorrow.”
 
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