UFlex reports 56.7% increase in net profit for the December quarter
UFlex Ltd., India'due south largest multinational flexible packaging company and a global histrion in polymer sciences, has declared consolidated internet turn a profit was upof INR 84.half dozen crore, upward 56.7% YoY for the quarter ended December 31, 2019.
With an objective to promote sustainability, UFlex Chemicals Business launched three new products for the global markets that included FLEXSEAL blister coating – a water based PUD used every bit heat sealable paperboard overprint varnish for sealing PET or PVC blisters and fold-over packages; aqueous narrow web inks- inks that were specially created to replace solvent based wide spider web flexo inks for high-end nutrient packaging applications; and aqueous water resistant OPV- superior scuff and water-resistant properties for deep-freeze and food wrap application.
In order to value add to pharma manufacture, the engineering business organization of UFlex developed machines including Rotoflex Stanmas twenty that strengthens the portfolio of rotogravure printing motorcar it already offers. This machine can be used for press multiple substrates and can print on aluminum foil of varying thickness also as other substrates spread over polymer family and paper. The ideal printing speed on the machine is 150 meters/minute for aluminum foil, while other substrates can stitch to 200 meters/minute. The press that prints with solvent-based inks, also comes affixed with the unique characteristic of an electric heating. Kalyar Replica, a leading flexible packaging convertor in People's republic of bangladesh, has been the starting time heir-apparent of a special purpose iv-colour Rotoflex Stanmas 20 for pharma packaging.
The company has also developed multi lane stick pack motorcar VFFS for packing of unmarried dose pharma products. The Stick Pack 200 is a five-lane machine for packing pulverisation, granules and paste at a speed of upwardly to 250 sticks per infinitesimal. This machine can pack content in center seal tubular shaped sachets ranging in weight from 1gm to 20 gm and is best used for pharma products that can be consumed in a unmarried dose.
UFlex too launched a cut-border packaging solution with lens effect called 'Asepto Eye' for the beverages segment. Asepto Eye is a ripple concave lens and single lens technology that gives three-D effects on the hygienic packs. These lenses come in various sizes & shapes and offers bespoke artwork, every bit per the brand possessor's requirements. The newest offering from Asepto gives myriad choices to beverage manufacturers to be distinct on the shelves, and likewise add a premium value to their make through UFlex packaging.
With its range of avant-garde holographic solutions adult, UFlex is gear up to give a facelift to books, labels & stationary, cartons and textile industry.
The company has adult registered de-metalized holographic tape which is hot stamped on product labels and is made with 19-micron PET base film. This solution that is used as an anti-counterfeit feature targets India as well as export markets.
The soft bear on lamination film for carton packaging is available in PET equally well as BOPP base of operations films. In this, the film is induced with a special coating that gives a smoothen and silky bear on effect adding to the aesthetics of the product that it is applied to. A product that largely targets Indian customers has found takers in segments like stationary, product catalogues, books, cartons labels etc.
The Dhoop Chaon design for hot stamping foil by holographic business of UFlex which enables hot stamping coatings on 12-micron PET base moving-picture show to give special effects, without holography. This product has got customers' attention in Surat Textile marketplace especially for fabrics required to create fashion clothing, abode furnishing & other decorative products. Dhoop Chaon blueprint is besides applicable in graphic course in cartons, labels & stationary, books and more.
The multi-colour rainbow stamping foil that augments aesthetic and shelf appeal of a product has been developed for stationary products. Achieved by hot stamping on a 12-micron PET base picture show with multi-colour printed foils, the solution also serves every bit an anti-counterfeit tool and is advantageous for cartons, labels, stationary industry.
Source: https://packagingsouthasia.com/type-of-article/industry-news/uflex-reports-56-7-increase-in-net-profit-for-the-december-quarter/
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