Uflex ltd is ramping up production capacity: Ashok Chaturvedi
As part of the expansion plans in Egypt, Uflex Ltd is ramping up production capacities for BOPP films (Bi-axially Oriented Poly Propylene film) to 35,000 TPA; 30000TPA of PET (Polyester) and 12000TPA of CPP films aggregating to total capacity of 77,000 TPA. The company’s planned investments in Egypt are pegged at US$ 135 million. The first line of this expansion involved adding capacities in BOPP films.
Published on: Mar 4, 2016
Transcripts - Uflex ltd is ramping up production capacity: Ashok Chaturvedi
UFLEX Commissions Al-Ox Coater, CPP-film line at Egypt Plant - - - Planned investments in Egypt pegged at US$ 135 million for BOPP films, PET and CPP films - - - The first line to produce 35000TPA of BOPP film commenced operations - - - Second line to produce 12000 TPA of CPP film also commenced operations and third line to produce 30000 TPA of PET film is under implementation & expected to commence by Dec., 2011 / Jan., 2012.Uflex Ltd, the Bombay Stock Exchange (UFLEX: 500148) and NSE listed, India’s largestflexible packaging company has commissioned an AL-OX coater for Packaging films at itsEgypt plant in 6th of October City, near Cairo. With this, UFLEX joins the list of handfulmanufacturers, capable of producing ALOX-coated films.As part of the expansion plans in Egypt, Uflex Ltd is ramping up production capacities for BOPPfilms (Bi-axially Oriented Poly Propylene film) to 35,000 TPA; 30000TPA of PET (Polyester)and 12000TPA of CPP films aggregating to total capacity of 77,000 TPA. The company’splanned investments in Egypt are pegged at US$ 135 million. The first line of this expansioninvolved adding capacities in BOPP films.The second line of setting up facilities for CPP films, work at the new 12,000-metric-tons peryear facility, state-of-the-art Cast Polypropylene (CPP) film line has been commissioned and hasbecome operational whereas the third line to produce 30000 TPA of PET film will be operationalby Dec., 2011 / Jan., 2012.According to Mr. Ashok Chaturvedi, Chairman and M.D. of UFLEX Ltd, “Setting up of theAL-OX coater for Packaging films at the Egypt plant is in sync with our plans to addmanufacturing lines for new product categories at the existing facilities. By adding new facilitiesat our plants we aim to strengthen our foothold in the flexible packaging market globally andfurther growing our revenues & profits and enhancing values in every respect.”The site of the plant already houses an 8.7 meter wide, 500-mpm, state-of-the art BiaxiallyOriented Polypropylene (BOPP) Film plant, which is one of the world’s largest packaging filmlines, capable of turning out 35,000 MT/year, and a plasma enhanced high-barrier metallizer thatwere commissioned in 2010. The operation has recently been certified as conforming to ISO9001:2008 standards.Under installation at this location are also an 8.7 meter wide, 500-mpm Biaxially OrientedPolyester (BOPET) film line and another plasma enhanced metallizer that will be fullyoperational within 2011. The ALOX coater is the Group’s first such installation and will furtherconsolidate UFLEX’s position in the global flexible packaging industry.The ALOX coater applies a thin and highly transparent coating of aluminium oxide on packagingfilms that gives the materials extremely high moisture and gas barrier properties that rival thoseof aluminum foils and metallized films. It is the only truly high-barrier flexible packagingmaterial available that is transparent and allows the packaged product to be clearly visible. This
not only provides a big marketing plus but also facilitates operations like opticalscanning/inspection and metal detection during and after the packaging process.About UFLEX LtdUFLEX Ltd (www.uflexltd-packaging.com) is the Bombay Stock Exchange (UFLEX: 500148)and NSE listed Indias largest flexible packaging company with large manufacturing capacities ofplastic film and packaging products providing end-to-end solutions to clients across more than108 countries. It has vast capacities for production of Polyester chips, Biaxially OrientedPolyethylene Teraphthalate (BOPET) and Biaxially Oriented Polypropylene (BOPP) films,Printing & Coating Inks, facilities for Holography, Metalization & PVDC coating, makingGravure Printing Cylinders, Gravure Printing, Lamination and Pouch formation. Synonymous with flexible packaging industry in the country, UFLEX group has Gross annualrevenue of Rs. 47 billion and Gross Capital Investment across the world of about Rs. 32 billion.UFLEX offers finished packaging of a wide variety of products such as snack foods, candy andconfectionery, sugar, rice & other cereals, beverages, tea & coffee, desert mixes, noodles, wheatflour, soaps and detergents, shampoos & conditioners, vegetable oil, spices, marinates & pastes,cheese & dairy products, frozen food, sea food, meat, anti-fog, pet food, pharmaceuticals,contraceptives, garden fertilizers and plant nutrients, motor oil and lubricants, automotive andengineering components etc.