"UFlex Commences Commercial Production of Poly-Condensed Polyester Chips in Panipat, India, and CPP Packaging Film in Russia"

UFlex, India's leading multinational flexible packaging and solutions company, marks a significant milestone in its global expansion and innovation journey. Effective March 31, 2024, the company has successfully commenced commercial production of poly-condensed polyester chips at its manufacturing facility in Panipat, India. Additionally, it announced the commissioning of a 6.5-meter-wide Cast Polypropylene (CPP) Film Line with an installed capacity of 18,000 metric tons per annum (MTPA) in Russia through its subsidiary, Flex Films Rus LLC.

With an impressive installed capacity of 168,000 metric tons per annum (MTPA), UFlex's polyester chips manufacturing plant in Panipat underscores the company's commitment to expanding its vertical integration footprint. The facility will primarily produce poly-condensed polyester chips, a key raw material for BOPET packaging films. Besides serving UFlex's in-house packaging film production, the plant will cater to third-party customers, fostering growth and sustainability in India's packaging film industry. The Panipat facility complements UFlex's existing packaging films facilities in Noida, the National Capital Region, and Dharwad, Karnataka, bolstering the company's capabilities in serving packaging film customers across India.

The CPP packaging film line in Russia will complement existing capacities, including one 8.7-meter-wide Biaxially Oriented Polyethylene Terephthalate (BOPET) Film Line with a capacity of 30,000 TPA and one 2.85-meter-wide plasma-enhanced avant-garde metallizer with a capacity of 8,000 TPA.

Commenting on the development, Mr. Ashok Chaturvedi, Chairman and Managing Director of UFlex Limited, expressed enthusiasm, stating, "We are extremely pleased with the commissioning of our Polyester chips plant in Panipat and the CPP line in Russia. Our customers now demand reliability, speed, and quality in their supply chain more than ever, and this expansion enables us to meet those expectations. By relying on our vertical integration strategy, we aim to address the growing demand of the packaging industry through new capacities, expanded global presence, and the delivery of quality, innovation, and customized solutions. Leveraging advanced technology and sustainable practices, UFlex remains committed to delivering superior products and solutions that cater to the evolving needs of the packaging market."

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