Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.

MANAGEMENT DISCUSSION AND ANALYSIS
tensile and dielectric strength, thermal and chemical
stability and toughness make it suitable for a multitude of
applications. The fi lm provides a strong barrier to aroma
retention and odour, which makes it especially suitable for
use in food packaging, electric insulation, offi ce supplies,
graphic arts, imaging and industrial applications. Its
dimensional stability and high tensile strength makes this
fi lm suitable for critical applications such as audio, video
and other magnetic tape applications. Produced in stateof-the-art
ISO 9001-2000 certifi ed plants in diff erent range
of microns, the BOPET fi lms have the capacity to sustain
the high fi delity graphics and to meet the requirements
of both rotogravure as well as fl exographic printing
standards.
The Company has the facility to produce polyester chips
of fi lm grade, yarn grade and bottle grade. The fi lm grade
chips are used as raw material for the manufacturing of
polyester fi lms whereas yarn grade chips are used for the
manufacturing of polyester yarn and bottle grade chips
for production of PET bottles. The unit has made use of its
state-of-the-art batch processing manufacturing facilities,
by conveniently switching over to produce diff erent grades
of chips based on the demand and orders in hand. The
company manufactures a wide range of polyester chips
suitable for various applications. Through continuous
R&D eff orts, the company developed diff erent speciality
polyester chips. This has been well accepted in the Indian
market.
Flexible Packaging Business
The main products of this business are laminates made with
various combinations of Polyester, Metalized Polyester,
Aluminum foil, paper, BOPP, poly and others and supplied
in roll form and in preformed pouches, manufacture of
rotogravure cylinders for various types of rotogravure
printing, Anilox/Coating, Rollers for fl exo printing and
Shims for holographic embossing and holograms and
printing ink and adhesives. The Company is one of the
market leaders in this sector and a dominant player in
India
Flexible packaging consists of multi-layer laminated rolls of
plastics (LDPE, HDPE, BOPP, BOPET), paper, cloth or metal
foils that are used separately or in combination for various
packaging applications. However, fl exible packaging as
laminates of plastics have a unique set of properties that
ensure toughness, moisture resistance, aroma retention,
gloss, grease resistance, heat sealability, printability, low
odour and taste. These fi nd use in packaging of food, tea,
coff ee, spices, chewing tobacco, bakery, confectionary,
oil and in certain other non-food applications such as
household detergents, health and personal care, soaps,
shampoos etc.
With innovative solutions, the Company has cultivated
the use of fl exible packaging as cost eff ective and viable
primary packs rather than only as refi ll packs. It off ers
fi nished packaging materials for packaging a wide variety
of products.
UFLEX LIMITED
The Company’s emphasis on product innovations, quality
enhancement together with competitive cost has paid
rich dividend in terms of signifi cant growth in sales. It has
successfully developed several new packaging solutions
for various applications suitable for food industry, pet
foods industry, the bakery and confectionery industry,
beverage industry and the personal care products industry.
The Company is one of the world leaders producing world
class fl exible packaging solutions that:
• Enhance market performance of the product
• Improve utility for the end user
• Help products reach out to new markets
• Replace outmoded options with versatile and cost
eff ective solutions
Printing Cylinder is the heart of the rotogravure fl exible
printing and the Company has capabilities to provide
complete solution starting from artwork/mock up stage
to producing fi nal printing cylinders. The Company has
world class and state-of-the-art expertise and facilities
integrated with best software to produce good quality
cylinders. The quality of the cylinders is well accepted in
India as well as in the international market.
Hologram produced by the Company has been well
accepted both by the Government and Private Organization
across the country. The Company through aggressive
marketing has been able to garner substantial orders from
diff erent states and trade enquiries being received are also
quite encouraging. Hologram being low cost with better
margin will add to the bottom line signifi cantly.
The Company has produced indigenously the new
generation cost eff ective polyester base solvent less
adhesive system for fl exipack, new ink system for PVC
profi le and special coating for producing matt eff ect in
laminates.
The Company off ers for its customers a wide range of food
storage Zipouch bags with unique and innovative features
for home and commercial purposes. Zipouch bags are for
ultimate convenience and diverse utility and are available
through a range of diff erent sizes catering to the needs of
an Indian household at an international standard. Zipouch
bags are well accepted internationally.
The Company has also developed Special Laminates
packaging bags, i.e. WPP Bags for pet food packaging. The
WPP Bags are accepted in the international market.
Other Business
The Company has the manufacturing facilities of
packaging, printing and allied machines. The Company
also undertakes strategic project advisory services.
The ongoing process of innovation and introduction
of machines through its in-house R&D facilities, having
unique features and facilities for packaging products of
diff erent varieties, enables the Company to manufacture
TWENTIETH ANNUAL REPORT 2008 - 2009
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C O M P A N Y