07.28.20
A – 107 - 108, Sector - IV,
Noida 201301 (U.P.), India
Tel: +91 120 4012345
Fax: +91 120 2556040
www.uflexltd.com
Email: enquiry@uflexltd.com
Sales: $110 million in ink sales;
$1 billion sales (consolidated).
Major Products: Uflex is India’s biggest multinational flexible packaging materials and solutions company. Its Chemicals Business manufactures liquid inks (solvent & water-based); laminating adhesives (water-based, solvent- and solvent-less); ink binders and specialty coatings (UV/UV LED/EB).
Key Personnel: Rajesh Bhasin, joint president, Chemicals Business, Uflex; Anuj Arora, CFO, Chemicals Business, Uflex; Rajesh Srivastava, VP sales and marketing, Chemicals Business, Uflex.
Locations: Headquartered in Noida in India, Uflex has manufacturing facilities in UAE, Egypt, Mexico, Poland and Elizabethtown, KY, USA.
Comments: Founded in the mid-1980s, Uflex is India’s largest fully integrated multinational flexible packaging materials and solution provider, with products supplied to more than 140 countries. The company reports sales of more than US$1 billion globally, with its packaging ink sales accounting for US$110 million.
“At UFlex Chemicals, we did remarkably well despite the slower economic growth last year,” said Rajesh Bhasin, joint president, Chemicals Business, UFlex Ltd. “We continued to garner newer clients across regions and expanded our product distribution network to feed newer geographies. We focused and delivered greater depth in geographies of our choice and look back at 2019 with a great sense of satisfaction.”
UFlex successfully introduced a series of newer chemistries and products that promote sustainability.
“In line with the expectations of highly involved and demanding clients and consumers, we are focusing on introducing eco-friendly products. We have successfully introduced FLEX AQUA, water-based flexo inks for paper cups, labeling and corrugated boxes for food and beverages,” added Bhasin. “Our FlexGreen LED cured inks for sheetfed, offset and narrow web printing too are well received by the packaging community. Our high strength low viscosity PU-based inks FlexGlide help substantially cut down the use of solvents. Furthermore, coatings such as anti-fog, paper touch effect, single & dual-component matt finish, a primer for PP extrusion lamination and PU adhesives for offset application are some of the successful products introduced last year.”
To help promote sustainability, UFlex started its Project Plastic Fix, which is designed to clean up plastic waste and convert it into valuable products.
“We are very proud of all that is achieved,” Bhasin said of the project, which began in 2019. “It is our pioneering sustainability initiative with an aim to clean up plastic waste and convert it into products with an economic value, thereby creating a circular economy. This is at the core of our sustainability philosophy. We are delighted with the progress made during this short time.”
Bhasin said that one of the biggest challenges thrown by COVID-19 in today’s world is to experience VUCA (volatility, uncertainty, complexity, and ambiguity) in a true sense.
“I must say, COVID-19 is truly testing our capabilities and we are most satisfied with our response to this crisis,” added Bhasin. “This was made possible due to our years of preparedness to meet such challenges.
Continuous risk identification and mitigation is an element that is integral to our business plan and we are glad that it helped us successfully navigate through the most challenging times. We are grateful to our stakeholders, including our employees, vendors and clients, who offered rock-solid support during this time, which helped us register growth in our business, which is most satisfying.”
Bhasin noted that packaging is an essential part of our daily lives, and it is growing rapidly. “We are already witnessing demand-pull for our products across groceries, healthcare and e-commerce segments,” Bhasin concluded. “We realize that these are challenging times but are most optimistic about our future. While we are busy adapting ourselves to this new normal, we are confident that we shall do well in the current year and deliver growth over the previous year.”
Noida 201301 (U.P.), India
Tel: +91 120 4012345
Fax: +91 120 2556040
www.uflexltd.com
Email: enquiry@uflexltd.com
Sales: $110 million in ink sales;
$1 billion sales (consolidated).
Major Products: Uflex is India’s biggest multinational flexible packaging materials and solutions company. Its Chemicals Business manufactures liquid inks (solvent & water-based); laminating adhesives (water-based, solvent- and solvent-less); ink binders and specialty coatings (UV/UV LED/EB).
Key Personnel: Rajesh Bhasin, joint president, Chemicals Business, Uflex; Anuj Arora, CFO, Chemicals Business, Uflex; Rajesh Srivastava, VP sales and marketing, Chemicals Business, Uflex.
Locations: Headquartered in Noida in India, Uflex has manufacturing facilities in UAE, Egypt, Mexico, Poland and Elizabethtown, KY, USA.
Comments: Founded in the mid-1980s, Uflex is India’s largest fully integrated multinational flexible packaging materials and solution provider, with products supplied to more than 140 countries. The company reports sales of more than US$1 billion globally, with its packaging ink sales accounting for US$110 million.
“At UFlex Chemicals, we did remarkably well despite the slower economic growth last year,” said Rajesh Bhasin, joint president, Chemicals Business, UFlex Ltd. “We continued to garner newer clients across regions and expanded our product distribution network to feed newer geographies. We focused and delivered greater depth in geographies of our choice and look back at 2019 with a great sense of satisfaction.”
UFlex successfully introduced a series of newer chemistries and products that promote sustainability.
“In line with the expectations of highly involved and demanding clients and consumers, we are focusing on introducing eco-friendly products. We have successfully introduced FLEX AQUA, water-based flexo inks for paper cups, labeling and corrugated boxes for food and beverages,” added Bhasin. “Our FlexGreen LED cured inks for sheetfed, offset and narrow web printing too are well received by the packaging community. Our high strength low viscosity PU-based inks FlexGlide help substantially cut down the use of solvents. Furthermore, coatings such as anti-fog, paper touch effect, single & dual-component matt finish, a primer for PP extrusion lamination and PU adhesives for offset application are some of the successful products introduced last year.”
To help promote sustainability, UFlex started its Project Plastic Fix, which is designed to clean up plastic waste and convert it into valuable products.
“We are very proud of all that is achieved,” Bhasin said of the project, which began in 2019. “It is our pioneering sustainability initiative with an aim to clean up plastic waste and convert it into products with an economic value, thereby creating a circular economy. This is at the core of our sustainability philosophy. We are delighted with the progress made during this short time.”
Bhasin said that one of the biggest challenges thrown by COVID-19 in today’s world is to experience VUCA (volatility, uncertainty, complexity, and ambiguity) in a true sense.
“I must say, COVID-19 is truly testing our capabilities and we are most satisfied with our response to this crisis,” added Bhasin. “This was made possible due to our years of preparedness to meet such challenges.
Continuous risk identification and mitigation is an element that is integral to our business plan and we are glad that it helped us successfully navigate through the most challenging times. We are grateful to our stakeholders, including our employees, vendors and clients, who offered rock-solid support during this time, which helped us register growth in our business, which is most satisfying.”
Bhasin noted that packaging is an essential part of our daily lives, and it is growing rapidly. “We are already witnessing demand-pull for our products across groceries, healthcare and e-commerce segments,” Bhasin concluded. “We realize that these are challenging times but are most optimistic about our future. While we are busy adapting ourselves to this new normal, we are confident that we shall do well in the current year and deliver growth over the previous year.”
