Ink World staff01.06.21
UFlex Limited announced the move to double its aseptic plant’s production capacity from 3.5 billion to 7 billion packs per annum, in Sanand, Gujarat.
The capacity expansion is expected to be completed within the next 10 months.
The expansion is in response to new contracts and increasing demand for the company's aseptic packaging laminates.
Driven by a strong and healthy order book and consistent market growth, this initiative doubles the production capacity and will allow the creation of the company's expanding operations team by adding more workforce, which will strengthen the company’s expansion plan.
"Asepto expansion is part of the growing need for aseptic packaging, and I am excited that our team and state-of-the-art facilities we have are well-positioned to respond to the increasing demand for our services and innovative technology in aseptic packaging. Despite the pandemic, we have continued to deliver services without a pause and carried on with innovative thoughts to deliver expected results from our customers," said Ashwani Kumar Sharma, president and CEO, Aseptic Liquid Packaging Business, UFlex Ltd. "We have been working on taking Asepto globally, and our expansion takes a leap to enlarge the brand's horizons to different continents. We remain the most innovative packaging company when it comes to aesthetic rejuvenation in the aseptic packaging space. The expansion steps in our operations reflect Asepto's strong position in the marketplace and positive outlook for the future."
Once the commissioning of the project is complete, the company will take steps for global expansion.
"Asepto has now grown and entering into its next phase of life cycle with the first expansion plan announcement. This expansion of production capacities is our natural progression, addressing our rapid growth in the aseptic liquid packaging space, and stepping strong footsteps into the global arena. Asepto is taking one step at a time, and that's the best way I foresee to imbibe growth approach in the given global economic scenario," said Ashok Chaturvedi, chairman and managing director of UFlex Ltd.
The first phase of expansion will focus on adding new machines to the existing line such as a new Gallus printing press (M/S Heidelberg Web Carton GmbH) from Germany.
The machine prints at a speed of 500 m/m.
