No. of Employees: More than 10,000.

Major Products: UFlex is India’s biggest multinational flexible packaging materials and solutions company. Its Chemicals Business manufactures liquid inks (solvent and water-based); laminating adhesives (water-based, solvent- and solvent-less); ink binders and specialty coatings (UV/UV LED/EB).

Locations: Headquartered in Noida in India, UFlex has manufacturing facilities in UAE, Egypt, Mexico, Poland, Russia and Elizabethtown, KY, USA.

Comments: UFlex, India’s largest fully integrated multinational flexible packaging materials and solution provider, had an outstanding year in fiscal year 2024, as its sales grew 12.4% to INR 15,184 crore ($1.77 billion) and operational EBITDA growth was 18.1%.

UFlex has a manufacturing presence worldwide, with its headquarters in India and facilities in UAE, Egypt, Mexico, Poland, Russia and Elizabethtown, KY, USA. UFlex Chemicals Business, the company’s consumables division, produces flexible packaging inks, water-based, solvent-less and solvent-based adhesives and specialty UV and LED coatings with a full range of UV and LED inks/coatings for sheetfed offset, letterpress & narrow web.

“FY25 was a landmark year for UFlex, marked by strategic global expansion and a greater push toward sustainable solutions and recycling,” said Ashok Chaturvedi, chairman and managing director of UFlex. “In FY25, we delivered strong revenue growth of 12.4% and operational EBITDA growth of 18.1%. We foresee a strong FY26 fueled by an increased demand for sustainable packaging films, flexible packaging solutions, and advancements in film technologies.”

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).

Locations: Headquartered in Noida in India, UFlex has manufacturing facilities in UAE, Egypt, Mexico, Poland, Russia and Elizabethtown, KY, USA.

Comments: UFlex is the largest fully integrated multinational flexible packaging materials and solution provider in India. In fiscal year 2023, UFlex’s sales grew 11.4% to INR 14,784 crore ($1.8 billion), a record for the company.

UFlex has a manufacturing presence worldwide, with its headquarters in India and facilities in UAE, Egypt, Mexico, Poland, Russia and Elizabethtown, KY, USA. UFlex Chemicals Business, the company’s consumables division, produces flexible packaging inks, water-based, solvent-less and solvent-based adhesives and specialty UV and LED coatings with a full range of UV and LED inks/coatings for sheetfed offset, letterpress & narrow web.

At drupa 2024, UFlex highlighted its full range of products, including flexible packaging, packaging films and chemicals. This included its latest water-based inks and adhesives, which are designed to elevate sustainability.

In fiscal year 2023, UFlex’s sales grew 11.4% to INR 14,784 crore ($1.8 billion), a record for the company.

“We are confident that our vertical integration strategy, new global capacities, and the ability to develop sustainable, innovative, and customized solutions will help us deliver long-term value,” Ashok Chaturvedi, chairman and managing director of

UFlex, reported.

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).

Locations: Headquartered in Noida in India, UFlex has manufacturing facilities in UAE, Egypt, Mexico, Poland, Russia and Elizabethtown, KY, USA.

Comments: With overall sales of $1.8 billion, UFlex is the largest fully integrated multinational flexible packaging materials and solution provider in India. UFlex has a manufacturing presence worldwide, with its headquarters in India and facilities in UAE, Egypt, Mexico, Poland, Russia and Elizabethtown, KY, USA.

In 2022, UFlex’s sales grew 11.4% to INR 14,784 crore, a record for the company.

“In FY23, UFlex continued its growth momentum and achieved the highest-ever revenue of INR 14,784 crore,” Ashok Chaturvedi, chairman and managing director of UFlex, reported. “The packaging films industry witnessed new capacity additions at a time when demand was impacted, especially in the US and Europe, on account of global issues. However, the worst seems to be over, and we are witnessing an increase in both demand and prices globally. The European energy crisis also seems to be behind us, and gas prices have slumped.”

“In FY23, despite all the challenges, UFlex achieved even greater heights and clocked its highest-ever revenue,” added Rajesh Bhatia, Group CFO, UFlex Ltd. “The challenges emanating from the Russia and Ukraine conflict and the aggressive fiscal policies of the US Fed impacted the costs as well as the demand for flexible packaging films but our diversified product portfolio, which includes flexible packaging, aseptic packaging, inks and adhesives, holography, printing cylinders, and engineering, helped us keep our overall growth momentum intact in FY23. The profitability in FY23 was impacted by unprecedented currency devaluation in Egypt and currency exchange loss on account of the US dollar’s strength against the other world currencies.”

Its consumables division, UFlex Chemicals Business is a leading manufacturer of flexible packaging inks, water-based, solvent-less and solvent-based adhesives and specialty UV and LED coatings with the full range of UV and LED inks/coatings for sheetfed offset, letterpress and narrow web application serving customers worldwide.

UFlex recently received numerous awards for its excellence in packaging, including The IIP’s National IndiaStar and PacMachine 2022 Awards for Excellence in Packaging for its water-based inks.

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).

Comments: With sales of more than $1.75 billion worldwide, UFlex is India’s largest fully integrated multinational flexible packaging materials and solution provider. UFlex Chemicals Business is a leading manufacturer of flexible packaging Inks, water-based, solvent-less and solvent-based adhesives and specialty UV and LED coatings with the full range of UV and LED inks/coatings for sheetfed offset, letterpress & narrow web application serving customers across the globe.

“At UFlex Chemicals, we performed distinctively well despite serious market disturbance in the eco-system,” Bhasin said. “We continued to win new clients across regions and expanded our product distribution network to feed newer geographies. We focused and initiated business in newer geographies and looked back at 2021 with a great sense of satisfaction.

“We could deliver this performance only due to our strong focus and commitment to meet client’ needs,” added Bhasin. “We have further been able to strengthen our position as a preferred supplier in the Asian, Middle East and East European markets and are confident to build further in the future.”

R&D is crucial to UFlex’s success. During the last fiscal year, UFlex Chemicals Business successfully introduced a series of newer chemistries and products that enhances its sustainable footprint.

“We have developed products with low volatile organic compound (VOCs) content by focusing on water-based and LED/UV based technology,” Bhasin noted.

Some of the recently developed products by chemicals business include FLEXCOAT AQUABAN, a water repellent coating for Kraft paper used as an inner liner in corrugated boxes, and Flexcure Sheetfed MT series, a new generation of UV inks for metal decoration designed for printing on aluminum and tin plate sheets. In addition, the new FLEXCURE HFS is a free-radical chemistry-based UV coating varnish for in-line/offline application.

Bhasin said that 2022 is proving to be difficult for the packaging industry, as raw material uncertainty, transportation concerns and political unrest are making it challenging for the industry.

“In the year so far, the packaging industry has witnessed major challenges that includes force majeure by several large chemical producers, skyrocketing logistics costs, rising crude oil prices, and geopolitical unrest resulting in severe cost increase,” he observed. “While raw material prices are surging, we expect price increases to continue until the end of the year.

“On the other hand, we are also expecting strong demand from consumers to continue over the next couple of quarters,” Bhasin added. “The extent to which we will be able to pass the burden to our buyers will vary from one product to the other.”

Bhasin noted that UFlex undertook significant steps to ensure that its supply chain would be minimally affected.

“Two key concerns, like every other business, include uninterrupted feedstock price rise and seriously disrupted global supply chain,” Bhasin noted. “Fortunately, significant intellectual investment made by us over the years in supply chain operations have helped us sail through these times smoothly, which is commendable. Our active vendor engagement and a committed workforce ensured uninterrupted operations.”

Even in the face of these challenges, Bhasin sees opportunities ahead for UFlex.

“The world is experiencing extreme volatility in every sector and packaging is no different,” Bhasin noted. “We expect the struggle to continue for some more time before it stabilizes. Currency devaluations, rising crude oil prices and certain geo-political developments are expected to impact the businesses hard, but this adversity will also likely throw up opportunities for growth. We shall continue to work harder and collaborate with our stakeholders to ensure that we sail through these tough times and emerge stronger.”

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).

No. of Employees: 950 (consolidated)

Locations: Headquartered in Noida in India, UFlex has manufacturing facilities in UAE, Egypt, Mexico, Poland, Russia and Elizabethtown, KY, USA.

Comments: UFlex is India’s largest fully integrated multinational flexible packaging materials and solution provider with sales of more than $1 billion globally, with inks, part of the Chemicals Business, accounting for $111 million. Like virtually every business during COVID-19, UFlex faced numerous challenges, and the company was able to overcome them and even grow their business.

“2020 will be long remembered in the history as arguably the toughest time for all businesses on this planet,” said Rajesh Bhasin, joint president, UFlex Chemicals Business. “Every single business was impacted; most of them adversely and few favorably. We were no exception. Our demand and operations were seriously impacted and our grit and determination to produce favorable results in such circumstances were seriously challenged. “

Bhasin noted that global supply chains were seriously impacted during the height of pandemic, thereby eliminating predictability in operations.

“We are happy that our team passed the test with flying colors and performed exceedingly well during this difficult phase and improved operational efficiencies and delivered growth,” Bhasin said. “During this pandemic period, we entered new geographies, expanded product distribution network and added key clients to our portfolio.”

In terms of highlights, Bhasin noted that UFlex developed new solutions for their customers, and continued its emphasis on environmentally friendly products.

“Even in this difficult period, we successfully delivered some exciting solutions to the converting industry,” Bhasin said. “We advanced our research on environment friendly products through this period and have come close to introducing interesting solutions to the industry.”

One area that had to be overcome was raw material supply and availability.

“The supply chain challenges experienced during this period have no parallel,” Bhasin observed. “Both the raw material availability and pricing were disturbed, adversely impacting the operations of industry most seriously. Planned shutdowns and sudden breakdowns of vendors and service partners to the industry created a major imbalance in the demand and supply situation, affecting product availability and leading to exorbitant price increase issues. This, combined with shortage of shipping containers, led to shortages of imported raw materials.

“In this difficult situation, saying no to buyers was not an option and hence our research team worked diligently against time to develop alternate vendors and ensured minimal disturbance for our buyers,” he added. “Performance of our supply chain team during this period deserves special mention.

“During this period, due to higher raw material costs, pressure on inks and adhesives pricing cannot be denied. However, our approach is to minimize impact on our clients by identifying cost effective solutions through alternate raw material development and formulations. Our focus on continuously improving our operational efficiencies too has cushioned the impact,” Bhasin concluded.

UFlex’s R&D is actively working on a variety of projects, including LED inks and coatings to reduce carbon footprint; aqueous barrier coatings for films to improve barrier properties; PUD coatings for blister/HSL applications to eliminate solvent-based coatings; OGR coatings for e-commerce application to eliminate PE; and replacing solvent-based inks with aqueous inks for
gravure applications.

The COVID-19 pandemic is far from over, and it is difficult to predict the future. However, Bhasin noted that raw material availability is improving and the prices are expected to soften only in the third quarter of 2021.

“We have had a decent run in the first few months of 2021 and we are confident of delivering decent growth in the current year,” added Bhasin. “We are already witnessing high demand for our products across FMCG, Healthcare and E-commerce segments. We realize that these are challenging times but are cautiously optimistic about our future. While we calibrate and adapt ourselves to this new normal, we will like to believe that supply chain challenges are behind us and remain confident of growth in current financial year.”

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).

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.”

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).

Locations: Headquartered in Noida in India, Uflex has manufacturing facilities in UAE, Egypt, Mexico, Poland and Elizabethtown, KY, USA.

Comments: Uflex is India’s largest fully integrated multinational flexible packaging materials and solution provider, with its products being supplied to more than 140 countries. Founded in the mid-1980s, Uflex is one of the fastest-growing companies in India. Uflex today is a billion-dollar entity focusing on trust and innovation to create value-added differentiation, quality and customer satisfaction.

For the full year 2018-19, Uflex’s consolidated net revenue grew 18.5% to INR 7974.8cr ($1.147 billion) and EBITDA increased by 11.6% to INR 1007.5cr ($145 million).

“We worked diligently towards combating the headwinds that came along this fiscal and remained successful in leading the market with our innovations and product offerings,” Ashok Chaturvedi, chairman and managing director, Uflex Limited, said. “We have been highly focused on the challenge of multi-layer plastic recyclability and have developed a technology that converts different layers of multi-layer packaging waste (printed, laminated and metalized) into granules. The latest technology-enabled recycling machine was installed at our Noida plant, this quarter.

“The flexible packaging industry continues to evolve with changing consumer expectations and among the most prominent are sustainability and customization,” Chaturvedi added. “With solutions for waste plastic being created, we are confident of the demand for flexible packaging growing further in the coming years.”

With $120 million in sales in 2018, Uflex’s Chemicals business is a leader in packaging inks, adhesives, coatings and its wide range of water-based solutions. The business occupies a leadership position in inks and adhesives in its chosen markets.

Rajesh Bhasin, Jt. president, Chemicals Business for Uflex Limited, noted that Uflex is continuously expanding its product portfolio. Uflex Chemicals is continuously investing in research and has several interesting products in its pipeline. Several of its scientists are engaged in the creation of eco-friendly products and plans to add a completely new range of products in its water-based portfolio.

“Innovation is ingrained in the DNA of our company and a significant investment in R&D has facilitated the creation of some of the most innovative products,” Bhasin observed. “We now rank amongst the top ink and adhesive manufacturers of the world.

Continuous backward integration, developing newer technologies and offering solutions to the unique needs of the converters has helped Uflex Chemicals gain clients’ confidence.”

The Chemicals Business of Uflex has launched a variety of innovative inks during the past year. Flexglide 1817 is a new PU-based NTNK ink series for Alu Alu blister packing for the pharma industry. Flexglide 1817 complies with the requirements for Alu Alu packaging, and exhibits excellent adhesion and high bond strength. It meets the Swiss Printing Inks Ordinance regulating substances intended for use in printing inks that are not intended to come into direct contact with food.

“We are committed to offering the finest solutions to converting industry under one roof and this is another step in that direction,” said Bhasin. “Our R&D team is completely geared up to meet distinctive requirements of converters and we shall continue to create the finest solutions for the industry.”

Uflex Chemicals also launched FlexGreen, its new range of UV LED sheetfed inks for commercial printing and packaging. FlexGreen offers high color strength, excellent mileage and gloss as well as quick curing.

“UV LED curing is a next-generation technology, compared to conventional curing technologies. With the introduction of these inks we are part of a select club of ink producers, offering the latest and finest in technology to Indian printers,” said Bhasin.“It is indeed a matter of pride for us to be amongst the first few globally to produce these inks and coatings. This new addition will help widen our portfolio and effectively address developed global markets.”

The availability of raw materials in the last few quarters was indeed a matter of concern for ink manufacturers and the sudden shortages only added to the existing challenges. However, Uflex’s ability to foresee such challenges well ahead of time helped it mitigate associated risks. Its long term strategic relationship with key vendors ensured that it received all that it required to fuel growth.

The Chemicals Business of Uflex has undertaken several important initiatives related to natural resource conservation, energy efficiency, the introduction of several eco-friendly products, responsible consumption and production, stakeholder and employee engagement. Bhasin said that substantial investment in EHS over last few years has allowed it to create one of the safest chemical production sites and has contributed significantly to the environment protection by substantially reducing the generation of hazardous waste and water consumption.

Upon completion of an extensive occupational health and safety evaluation, the Chemicals Business of Uflex Limited successfully migrated to ISO 45001:2018. ISO 45001 is structurally an integration of other ISO management systems standards, including ISO 9001:2015 and ISO 14001:2015 attained by the business earlier.

“It is our prime responsibility to continuously improve health and safety standards in our plants and workplaces that allows our employees to stay healthy, safe and productive,” said Bhasin. “ISO 45001:2018 will help our business to achieve the intended outcomes of its OH&S management.”

Bhasin noted that 2018 was a year of consolidation for Uflex’s Chemicals Business. During this period, Uflex not only consolidated its position in its chosen markets and clients but also aggressively pursued its strategic presence in newer markets in the Middle East and Africa, and the company has a very positive outlook towards its performance in 2019 and is confident of maintaining the growth momentum.

“The business has extensively increased its reach and growth in its chosen markets,” Bhasin concluded. “It has grown remarkably in its markets in Africa and the Middle East. The introduction of UV LED inks and coatings for offset application in our portfolio has further expanded our product range, setting up an all-new market for the same.  Russia is one of the key markets where we look forward to expanding our business base.”

Major Products: Uflex is India’s largest multinational flexible packaging materials and solution company. Uflex Limited’s 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).

Locations: Headquarters are in Noida, India. Uflex has manufacturing facilities in UAE, Egypt, Mexico. Poland and in the US (Elizabethtown, KY).

Comments: From its beginnings in 1985, Uflex has become India’s largest fully integrated multinational flexible packaging materials and solution provider, with its products being supplied to more than 140 countries. It is one of the fastest growing companies in India, with sales of more than $1 billion in 2017. Headquartered in Noida (National Capital Region, New Delhi) it has state-of the-art manufacturing facilities in India, UAE, Mexico, Poland, Egypt and the US.

With $110 million in sales in 2017, Uflex’s Chemicals Business is a leader in solvent- and water-based packaging inks, laminating adhesives, ink binders, and UV, EB and UV LED specialty coatings. The company continues to enjoy growth in the ink market.

“The Chemicals Business of Uflex manufactures matchless quality inks, adhesives, specialty coatings and polyols for the converting industry,” said Rajesh Bhasin, Jt. president, Chemicals Business at Uflex. “This business occupies leadership position in inks and adhesives in its chosen markets. Our wide range of proven products and consistent quality instill enormous confidence in the company’s global clientele. Meeting unique needs of its customers, Uflex’s Chemicals Business has successfully made it up to the list of top ink and adhesive manufacturers of the world. Continuous backward integration, developing newer technologies and offering solutions to the unique needs of buying community is ingrained in the DNA of Uflex.”

Uflex has inaugurated its new R & D Centre at Noida, which will further strengthen its ability to offer innovative solutions for the converting industry. With plans to expand in the chosen markets and venture into the newer markets, Uflex Chemicals Business is gearing up to redefine growth in the industry.

“Harvesting innovations for the greater good of the packaging industry, 2017 has been an eventful year for the Chemicals Business of Uflex,” Bhasin added. “We consolidated our positions in key markets in Asia, and further expanded into chosen markets in Africa and the Middle East. Introduction of several new products in inks and adhesives received an excellent response from buyers, inspiring confidence about future growth in those markets. Setting up an all new sales office in Moscow, Russia is a strategic initiative. In spite of serious growth challenges in India in 2017, the Chemicals Business of Uflex received double digit growth with exclusive product launches across different product groups.”

Like any other player in the industry, Bhasin noted that Uflex is no exception when it comes to rising raw materials prices.

“However, with agile R&D interventions, we developed innovatively efficient inks and adhesives solutions, at the most optimal price coordinates, that bring immense advantages to the converters,” Bhasin added. “The long-standing relationship that we enjoy with our choicest vendors further helps us tide over any inclement demand-supply scenario with raw material impact. Our progressive R&D strategy aids us in developing ahead of the curve solutions in the best interest of our global clientele.”

Uflex Chemicals remains committed to environmental protection. The R&D laboratory of Uflex Chemicals is now certified by NABL, making it the only ink and adhesive manufacturer in India to have this respected certification.

Besides past certifications for ISO 9001, ISO 14001, OHSAS 18001, Uflex received ISO 50001 certification in 2017. In recognition for its drive on water conservation, it also received most prestigious award from CII.

Uflex is committed to United Nation’s Sustainable Development Goals and is conducting its business most responsibly. Its efforts in this direction were recently recognized with two most prestigious awards from Frost & Sullivan for Safety and Sustainability.

Bhasin pointed out that a focused approach towards sustainable development is the key for long term success and growth of a business.

“Following a system-oriented approach, Chemicals Business has taken many such important initiatives related to natural resource conservation, energy efficiency, eco-friendly products, responsible consumption and production, stakeholder engagement and employee satisfaction,” Bhasin said. “While continuing further with significant growth in sales, the business set newer benchmarks on safety in industry besides our most significant reduction in water consumption and effluent reduction. It further recorded significant, reduction in hazardous wastes and energy consumptions through process changes. The business is committed to the 3P model of People, Profit and Planet.”

Major Products: Uflex is India’s largest flexible packaging company. Uflex Limited (Chemical Division) manufactures liquid inks (solvent- and water-based); laminating adhesives (water-based, solvent and solventless); ink binders; and specialty coatings (UV/UV LED/EB).

Locations: Headquarters are in Noida, India. Uflex has manufacturing facilities in UAE, Egypt, Mexico. Poland and in the US (Elizabethtown, KY).

Comments: Founded in 1985, Uflex is the India’s largest flexible packaging solutions company, producing packaging, films and chemicals, including liquid inks. The company enjoyed strong growth in 2016, with sales increasing 2% to 62,499 million rupees, or $965 million, with net profit rising year over year by 11% to 3,485 million rupees ($54 million).

Uflex has grown from strength to strength with large manufacturing capacities of packaging films and packaging products providing end-to-end solutions to clients across more than 140 countries. Headquartered in Noida (National Capital Region, New Delhi) it has state-of the-art manufacturing facilities in India, UAE, Mexico, Poland, Egypt and the US.

Uflex has a vast production capacity for polyester chips, biaxial oriented polyethylene terephthalate (BOPET), biaxial oriented polypropylene (BOPP) films, cast polypropylene (CPP) films, printing inks and coatings, adhesives, ink binders, UV/UV LED/EB products, facilities for holography, metallization and PVDC coating, gravure printing cylinders, gravure and flexo printing, lamination and pouch formation.

Uflex Limited (Chemical Division), the company’s ink, adhesives and coatings business, reported $100 million in sales in 2016 to a wide array of domestic and international customers spread across various countries.

Uflex Chemicals Business is ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, ISO 50001:2011 accredited.