Page 2 - Uflex
Uflex rises 7% as global arm FlexFilms gets US patent for film packaging
Shares of Uflex rose as much as 6.8 per cent to Rs 297 apiece on BSE in the intra-day trade on Tuesday, after the company announced that FlexFilms has been granted US patent for film packaging.
 "Uflex rises 7% as global arm FlexFilms gets US patent for film packaging")
Uflex forays into flexible liquid packaging with Rs 5.8-bn Sanand plant
With the patent period for flexible liquid packaging ending, Indian packaging major Uflex Limited has commissioned its first liquid packaging facility at Sanand for an investment of Rs 5.8 billion. With an annual production capacity of seven billion packs from Sanand, Uflex has begun talks with major soft drink, juice and other FMCG players for supply. Already, Delhi-based Bankey Bihari Foods' Fresca brand of juices have already begun using the holographic packaging from this month.Apparently, leading global packaging player Tetra Pak held the patent which expired recently, paving way for Uflex to foray into the same. "We already package powder, semi-liquid (viscous), solids, semi-solids but not liquids so far. With Sanand, we have ventured into flexible liquid packaging. We waited for patent period to get over and this was the right time to enter. However, we have also brought in innovation in form of Asepto Holographic Packaging," said Ashwani Kumar Sharma, President & CEO, New .
Uflex Q3 net down 6.9 per cent at Rs 74 crore
Shares of Uflex were trading at Rs 269.25 on BSE in morning trade, down 1.21%
 "Uflex Q3 net down 6.9 per cent at Rs 74 crore")
