Uflex sets benchmark with its Innovations in Q2 FY20-21
Noida-based multinational flexible packaging company and a global player in polymer sciences, Uflex alleged its earnings for the quarter catastrophe September 2020. The visitor posted a potent performance with consolidated revenue rising by xix.2% YoY to Rs 2234.5 crore, EBITDA increasing by 69.six% YoY to Rs 472.ix crore and net profit jumping YoY by 136% to Rs 221.8 crore in Q2 FY 2020-21. The visitor has registered back-to-back successful quarters where it witnessed a surge in demand for multiple lines of businesses while also adding newer clients.
Ashok Chaturvedi, chairman, and managing director, Uflex, said, "This quarter has witnessed a resurgent UFlex, despite all the Covid-19 challenges, achieving highest ever quarterly production, sales, revenue, EBITDA and PAT. We have been pivotal in providing packaged products to the end consumers during the pandemic menses. To ensure that we are time to come-ready and have a amend outreach of sustainable solutions to our clients located globally, nosotros take been scaling upwards our international operations. We are glad to denote that during the quarter, we commenced commercial operations at our Russian facility which will help bring u.s.a. closer to our customers in Russia and CIS markets."
He continued, "We are eagerly waiting for a Covid-19 problem to be over which will bring focus back on sustainability in flexible packaging as we are ready to commercialize our various biodegradability initiatives."
In Q2 FY 2020-21, Uflex introduced new product innovations and developments to set a criterion for the packaging sector.
Engineering Business organization
Neckband-type form fill seal machine for snacks packaging – In sync with the 'Atmanirbhar Bharat' initiative, the Engineering Business concern of Uflex locally developed a higher speed Neckband Type Form Fill up and Seal car CT120 that has already been witnessing early success with a few big orders. CT120 is completely servo driven with an operator-friendly human interface. Uflex facilitates efficient vacuum pulling, smooth-motion cross, and vertical seal technology that delivers superior quality seal with high seal integrity. This machine runs at a speed of 120 PPM with a very low charge per unit of on-line rejections on snack packaging applications. This is the outset Indian continuous type vertical course fill seal (VFFS) automobile running at this high speed with minimal rejection, coming together any international machines' standards.
Rotary auto entry into spice packaging – UFlex entered into the spice packaging segment for the get-go time, thereby expanding its rotary machines portfolio. Spice is an always-growing market segment, and this success has opened upward many new business organization opportunities for the company. With this new introduction, spices can be packed now at a speed of 300 to 400 packs a minute in pack sizes between 15 to 25 grams.
Holography Business
Digital foil for ink and varnish – Digital foil has been created by the holography business by applying hot stamping foil to ink or varnish without the requirement of a die. These foils have been specifically manufactured to bond on ink, toner, or varnish while still using estrus and pressure. Digital foils have a huge potential in local and global markets and have already acquired its start customer overseas.
Registered lens label for edible oil packs – Counterfeiting in the edible oil segment has posed serious challenges to the brand owners on sales and profit loss, make dilution, unfair warranty, and supply concatenation loss claims. To counter this menace faced by a famous edible oil brand, Uflex customized a registered lens characterization that helped the make fight counterfeiting bug. This printing applied science combines features of doing registration on the holographic substrate and doing precise re-registration printing on the same substrate, making it next to impossible to replicate. The packaging of this customized holographic substrate is recyclable or biodegradable.
Labels for manus-sanitizer – Uflex adult labels for a prominent alcohol make that pivoted to manufacturing mitt sanitizers as office of its social effort to promote hygiene and safe health practices to meet the sudden spike in need for hand sanitizers triggered by the on-going Covid-19 pandemic.
Chemicals business organisation
Toluene-free inks for food packaging – The chemicals business launched toluene-complimentary inks for vinyl, PU and polyamide-based chemistries. Toluene free inks comply with revised guidelines issued by the Bureau of Indian Standards (BIS IS 15495:2020). These are all-time suited for flexible packaging segments for food, pharma, and hygiene applications.
Single solvent-free adhesives with multiple hardeners (OH) – The company launched two-component solvent-free adhesives range with one resin compatible with three dissimilar hardeners for general to medium high-performance applications. The new solvent-costless adhesive is suitable for flexible packaging with hot filling applications like ketchup, juice that need sterilization. Solvent-free adhesives provide good estrus resistance and are used to join layers of flick and foils in medium to high-performance packaging applications. Uflex said its latest production also helps clients reduce their adhesives inventory.
Side and lesser sealing adhesive for paper numberless – A h2o-based 'side and lesser sealing adhesive' for automatic high-speed paper bag making machines were adult by Uflex. These numberless are getting a lot of traction in the eCommerce space, especially past players like Amazon and Flipkart, to reach their sustainability goals, it said.
Flexible packaging business
Bespoke packaging innovation for big brands – UFlex created packaging formats for big brands similar Nestle, AgroTech Foods, and Olam Agro for its product variants. For Nestle's launch of the new Maggi Chilli Garlic Fried Rice Instant Spice Mix, Uflex designed a structure for the 10-micron polyester pack comprising six.35-micron aluminum foil and 50-micron EVOH Poly that provides excellent moisture and oxygen barrier to pack seasoning that needs aroma to be retained till its consumption.
For Agro Tech Foods Sundrop Duo Twist Wrap, the requirement was to pack confectionary in a 23-micron metalized polyester pack with twist grade that allows surface press and anti-static coating smoother running of the pack through the auto. The combination of matted gloss printing, in which the product printed on the package looks glossy while the residuum of the pack wears a matte look, catches instant attention when the pack is placed on retail shelves.
For the launch of dry fruits, spices, and rice of global food and agri-business organization brand Olam Agro, Uflex created laminates and pouches with a structure of 12-micron PET, 12-micron window MET PET, and 90-micron PE to pack contents with the requirement of a strong barrier to retain the aroma, nutrients, and gustatory modality within its shelf life. These unmarried web laminates with side gusset windows offering a skillful view of the actual product to consumers. Uflex likewise gave these packs a distinctive shelf appeal using white ink separation with lacquer that lends a fusion look of metallic and matt on the pouch. In contrast, the registered matt coat makes the brand name and image of the product shine with its surroundings in a matte cease expect.
Films business
Metal textured film for shelf-appeal – The metal textured picture is derived when textures are incorporated on a particularly formulated BOPET substrate that is made with the utilise of special polymers and nanomaterials to impart skilful reflectance, depth, and ease of processing. The films' two variants F-Brush-M and F-Lin-M are extensively used to produce labels and provide premium quality lamination on board, graphic and ad banners, wallpapers, automotive parts, canvas moldings, and white appurtenances. It is available in 23, 36, and l+ micron thickness. F-Castor-M, available in silver, gilded, and rose color, is used to reach a good brush-like effect on a metalized polyester film to give a steel wait on the shelf with splendid gloss and smoothen. F-LIN-K is a special coated metallic linen-textured polyester film that gives excellent gloss and design with a seamless impression. Both variants are compliant with the EU and FDA standards. The moving-picture show'south entire manufacturing involves no use of solvents or UV radiation, which makes the film sustainable.
Ultra-low OTR PET pic for food packaging – Patent-pending flick F-ULP is a coated transparent BOPET motion picture with a bulwark layer coated on one side that provides an ultra-high oxygen bulwark. F-ULP has the highest level of barrier accomplishment, with one of the lowest OTR values in the world. The standard film has the OTR values of less than 0.4cc/m2/solar day, which can be reduced further down to 0.08cc/m2/day or even lower depending upon the coating thickness. The coating is said to accept fantabulous adhesion on the substrate, which gives it skillful bail strength with all types of adhesive systems in multi-layered laminates. The motion-picture show also offers a strong barrier confronting moisture, maximum crack resistance transparency, and yields cost and environmental benefits, making information technology a preferred film past brand owners. The film is best suited to pack dry foods, confectionaries, snacks, dairy products, perishable products, and processed foods.
BOPET film for printing and lamination application – Uflex launched an F-MSH grade polyester film for multiple printing and lamination applications. It is a mono-extruded matte stop polyester pic with a high haze of more than 80% and low gloss with an fantabulous muted and grainy surface. This class of polyester film is besides bachelor with corona treatment or a chemically coated side and complies with FDA and EC regulations for nutrient packaging. This film is highly beneficial for thermal lamination, label awarding, lath lamination, and applications that crave outstanding impress quality and strong stiffness.
Sealable and peelable BOPET pic with water-based coating for lidding – F-TPS, a sealable and peelable polyester film with h2o-based eco-friendly coating, is a sustainable concept with low GSM instead of using a solvent base of operations coated product. This film offers higher optical clarity with 4-5% haze confronting conventional haze products and possesses anti-fog characteristics for hot and common cold weather. This film, USFDA, and EU compliant, allows printed or metalized lids on PET variations like amorphous A-PET, recycled R-PET, and crystalline C-PET G-PET, and PVC substrate.
High oxygen barrier BOPET film for dry and chilled food packaging – Transparent high barrier polyester 'green' film F-PGS provides an excellent barrier against oxygen and has chlorine-free, water-based environs-friendly coating engineering science. The film also offers excellent flex fissure resistance, unlike metal oxide coated film or aluminum metalized film. Being optically clear and thermally stable with excellent processability and its attribute to retain OTR at elevated humidity, this film is suitable for dry and chilled food and liquid packaging, said Uflex.
This commodity has been slightly edited on 17 Nov 2020.
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Source: https://packagingsouthasia.com/application/uflex/
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