• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    The 2022 Packaging Ink Report

    The UV Ink Market Continues to Thrive

    The Conductive Ink Market is Showing Growth

    The 2022 Resin Report

    EU Chemicals Sector Embarks on Transition Pathway
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Video Bites
    Top News
    Weekly Recap: Flint OPS, Xerox and MNYPIA Top This Week’s News

    Azelis Acquires Chemical Partners, Adds to Leadership in Africa and Middle East

    International Paper Publishes 2021 Sustainability Report

    Epson Now Shipping New SureColor P8570D 44-Inch Production Photo and Graphics Printer

    Kodak Joins SGP as Platinum Patron
    Whitepapers
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Kodak Joins SGP as Platinum Patron

    Epson Now Shipping New SureColor P8570D 44-Inch Production Photo and Graphics Printer

    ITMA ASIA + CITME 2022 Online Visitor Registration Opens

    INX Launches INXFlex Contour for Shrink Sleeve Market

    Xerox Announces Unexpected Passing of Vice Chairman and CEO John Visentin
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Emmanuelle Bromet Appointed Arkema Sustainable Development VP

    Ingevity Appoints Christine Stunyo as Chief Human Resources Officer

    Dr. Tammo Boinowitz to Join Management Board of ALTANA AG

    Orion Announces Price Increases, Reduced Payment Terms

    BASF Has Range of Chemical Intermediates with Low PCF
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    ROSS Planetary Dual Dispersers Offer Unique Processing Flexibility

    Dr. Tammo Boinowitz to Join Management Board of ALTANA AG

    Great Lakes Brewing Wins Consecutive INX Can Design Contest Titles

    Ross Offers Fully Enclosed Mixing/Melting System

    Paul N. Gardner USA Introduces New PosiTector GLS Gloss Meter
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Hydrite Chemical Co

    Pan Technology, Inc.

    Specialty Polymers, Inc.

    ARCOLOR AG

    Meteor Inkjet Ltd
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Labelexpo Americas 2022
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • eBook
    • Podcasts
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Uflex Starts Q1 FY2019-20 with a Steady Performance

    Reports 8.7% rise in consolidated EBITDA and 11.7% increase in stand-alone EBITDA year-on-year for Q1 FY2019-20.

    Uflex Starts Q1 FY2019-20 with a Steady Performance
    Related CONTENT
    • UFlex Joins Alliance to End Plastic Waste
    • UFLEX Unveils Breakthrough Set of Products and Solutions
    • The 2021 International Top Ink Companies Report
    • Indian Packaging Industry Reeling Under Unprecedented Raw Material Costs Increases
    • UFlex Wins 12 Top Honors at SIES SOP Star Awards 2020
    08.14.19
    Uflex Ltd. declared its earnings for the quarter ended June 30, 2019 and reported. Consolidated revenue grew by 3.6% to INR 1982 crore in Q1 ($278 million) and EBITDA rose by 8.7% to INR 277.3 crore ($39 million) year on year. The consolidated net profit dropped by 3.6% year on year to 90.7 crore ($12.7 million) for Q1 FY2019-20, due to higher tax provision.
     
    “This quarter while our total production volume was almost constant at 100814 MT year on year basis, packaging production volume was up by 4.8% year on year to 21018 MT,” said Rajesh Bhatia, Group CFO at Uflex Limited. “To optimally use our film line capacity, we are shifting one of our BOPET film manufacturing line from UAE to Russia, since the production from this line was already largely dedicated to markets in Russia and CIS countries. This will enable us to serve customers locally apart from substantial cost saving of freight, energy and import duties.”
     
    “Uflex has progressed exponentially in the last few years with its products, technological and engineering capabilities, keeping in mind the evolving needs of the packaging industry, along with environmental needs,” Ashok Chaturvedi, chairman and managing director, Uflex Limited, said. “We have been striving hard and making all possible efforts to provide our customers with innovative and sustainable packaging solutions that are also economical. 
     
    “As leaders in the industry, we are cognizant of the challenge that noise around plastic poses,” added Chaturvedi. “To address the issue this rather solvable problem, Uflex is working on a range of revolutionary plastic films that will be bio-degradable as well recyclable by nature, thereby reducing plastic waste going into landfill and save our planet.”
     
    On the ink side, Uflex’s Chemicals Business launched water-based inks for various kinds of paper packaging, including flexible packaging, paper & board segments for food wraps and paper cups for beverages. This product, which comes with excellent printability, good scuff and water repellent properties, has successfully qualified for big brands such as Coca Cola, PepsiCo and Subway.
     
    Meanwhlie, the recently launched UV LED Inks for narrow web and sheeted business segments by the Chemicals Business generated substantial revenue, in this quarter, by scaling up its sales by 70% and adding key customers in the African market to its portfolio.
    Related Searches
    • narrow web
    • uv
    • led
    • water-based
    Related Knowledge Center
    • UV and EB Inks
    • Sheetfed Inks
    Suggested For You
    UFlex Joins Alliance to End Plastic Waste UFlex Joins Alliance to End Plastic Waste
    UFLEX Unveils Breakthrough Set of Products and Solutions UFLEX Unveils Breakthrough Set of Products and Solutions
    The 2021 International Top Ink Companies Report The 2021 International Top Ink Companies Report
    Indian Packaging Industry Reeling Under Unprecedented Raw Material Costs Increases Indian Packaging Industry Reeling Under Unprecedented Raw Material Costs Increases
    UFlex Wins 12 Top Honors at SIES SOP Star Awards 2020 UFlex Wins 12 Top Honors at SIES SOP Star Awards 2020
    Ink World’s Q&A: Rajesh Bhasin of UFlex Chemicals Business Ink World’s Q&A: Rajesh Bhasin of UFlex Chemicals Business
    UFlex Chemicals Business Secures India Patent for New Process to Derive Epoxy Ester Resin UFlex Chemicals Business Secures India Patent for New Process to Derive Epoxy Ester Resin
    UFlex Doubling Capacity of Aseptic Liquid Packaging Plant UFlex Doubling Capacity of Aseptic Liquid Packaging Plant
    UFlex Chemicals Business Launches Dual Purpose Sanitizer FLEXGUARD-I UFlex Chemicals Business Launches Dual Purpose Sanitizer FLEXGUARD-I
    UFlex UFlex 'Raises the Bar' with Q2 FY20-21 Innovations
    UFlex Posts Strong Q1 Numbers UFlex Posts Strong Q1 Numbers
    15 Uflex 15 Uflex
    COVID-19 Pandemic:  Significance of Circular Economy and Plastic Packaging During This Phase COVID-19 Pandemic: Significance of Circular Economy and Plastic Packaging During This Phase
    AIMCAL Announces Award Winners AIMCAL Announces Award Winners
    Ink Industry Expanding in Asia-Pacific Region Ink Industry Expanding in Asia-Pacific Region

    Related Breaking News

    • Breaking News | Ink Manufacturers News | Printers News | UV and EB Inks
      UFlex Joins Alliance to End Plastic Waste

      UFlex Joins Alliance to End Plastic Waste

      Strengthens UFlex’s global mission of building a circular plastic economy.
      09.21.21

    • Breaking News | Ink Manufacturers News | New Products
      UFLEX Unveils Breakthrough Set of Products and Solutions

      UFLEX Unveils Breakthrough Set of Products and Solutions

      Moves a step ahead with a portfolio aimed at sustainability and efficiency.
      08.17.21

    • The 2021 International Top Ink Companies Report

      The 2021 International Top Ink Companies Report

      The Ink Industry Recovers (Slowly) from COVID-19
      David Savastano, Editor 07.21.21


    • Additives | Breaking News | Flushed Colors and Pigments | Ink Manufacturers News | Price Increases | Resins
      Indian Packaging Industry Reeling Under Unprecedented Raw Material Costs Increases

      Indian Packaging Industry Reeling Under Unprecedented Raw Material Costs Increases

      Global disturbances in the supply chain increasing prices for inks, adhesives and UV coatings.
      Rajesh Srivastava, VP, Sales & Marketing, UFlex Chemicals 03.05.21

    • Breaking News | Ink Manufacturers News | Printers News
      UFlex Wins 12 Top Honors at SIES SOP Star Awards 2020

      UFlex Wins 12 Top Honors at SIES SOP Star Awards 2020

      Holography business wins five awards; Chemicals business wins three awards for packaging innovation and product development.
      02.03.21

    Loading, Please Wait..
    Trending
    • CPIPC Takes To The Links!
    • Flint Offset Packaging Solutions Announces Price Increases For Sheetfed Inks
    Breaking News
    • Weekly Recap: Flint OPS, Xerox and MNYPIA Top This Week’s News
    • Azelis Acquires Chemical Partners, Adds to Leadership in Africa and Middle East
    • International Paper Publishes 2021 Sustainability Report
    • Epson Now Shipping New SureColor P8570D 44-Inch Production Photo and Graphics Printer
    • Kodak Joins SGP as Platinum Patron
    View Breaking News >
    CURRENT ISSUE

    April 2022

    • The 2022 Packaging Ink Report
    • The UV Ink Market Continues to Thrive
    • The Conductive Ink Market is Showing Growth
    • The 2022 Resin Report
    • EU Chemicals Sector Embarks on Transition Pathway
    • Overview of Ink Demand in Asian Ceramic Industry
    • Industry Gears Up for the 2022 American Coatings Show and Conference
    • Defining - Evaluating Impurities, IAS, NIAS, and NLS (Part 2)
    • Needham Group Embraces New Technologies
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Pharmavite Expands in Ohio with $200 Million Investment
    Nestlé Health Science Expands in New Zealand with Deal to Buy The Better Health Company
    Younger Consumers Drive Growing Demand for Ingestible Beauty and Skin Care Products
    Coatings World

    Latest Breaking News From Coatings World

    Azelis Acquires Chemical Partners, Strengthens Leadership in Africa and Middle East
    Emmanuelle Bromet Named Arkema Sustainable Development VP
    ROSS Planetary Dual Dispersers Have Unique Processing Flexibility
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    MPO's Most-Read Stories This Week—July 2
    OmniGuide Awarded FDA Clearance for RevoLix Hybrid Thulium Laser
    Pancryos Forges License Agreement for Microencapsulation Device
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Bayer Opens New Research and Innovation Center at Kendall Square
    Lonza Names Maria Soler Nunez as Head, Group Operations
    Eurofins DiscoverX Opens Shanghai Office
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Dexlevo Introduces Beauty Treatment technique, ‘GOURI’
    Revision Skincare Exec Wins Ernst & Young Entrepreneur of the Year
    Latest Updates About Cosmoprof North America
    Happi

    Latest Breaking News From Happi

    SCOTUS EPA Ruling Won’t Impact General Regulatory Authority
    Toning Collection For Zero-Brass Blondes is New at Colorproof
    Esthetician Studio Beauty Concepts Files Trademark Infringement Lawsuit Against Kim Kardashian and Coty, Inc.
    Ink World

    Latest Breaking News From Ink World

    Weekly Recap: Flint OPS, Xerox and MNYPIA Top This Week’s News
    Azelis Acquires Chemical Partners, Adds to Leadership in Africa and Middle East
    International Paper Publishes 2021 Sustainability Report
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    UPM Raflatac boosts operations in US, All4Labels returns to HP and more
    Fedrigoni Self-Adhesives to exhibit at Labelexpo Americas for first time
    CELAB Europe wins Paper Recycling award
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Glatfelter, Blue Ocean Closures Partner with Absolut
    What You’re Reading on Nonwovens-Industry.com
    Daio, Livedo Partner to Recycle Diapers
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    ODT's Most-Read Stories This Week—July 2
    NuVasive Inc. Opens Singapore Experience Center
    Pedicle Screw Systems Market to Top $3B in 2027
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Weekly Recap: eMagin, Identiv, and Japan Display Top This Week’s Stories
    Epishine is Building a New Solar Cell Factory in Linköping, Sweden
    Toppan Establishes CVC Fund and Investment Management Company in the US

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login