Packaging giant Uflex eyes Rs 4,500-crore revenue

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With the operation of its facilities in USA and Poland, Uflex, India’s largest flexible packaging company, expects a Rs 4,500-crore revenue by end-this fiscal.

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Packaging giant Uflex eyes 4,500-crore revenue
With the operation of its facilities in USA and Poland, Uflex, India’s largest
flexible packaging company, expects a Rs 4,500-crore revenue by end-this fiscal
Uflex, plans to invest Rs 380-crore to set up a polyester films plant in the US with an annual
capacity of 30,000 metric tonnes. The US facility will have a manufacturing capacity of 30,000
MTPA and will start production by December 2011.

Uflex is also setting up another plant in Wrzesnia in Poland with an investment of around Rs
360-crore. The Poland facility capacity will be around 30,000 MTPA and is expected to be
operationalised in June 2012.

The company already operates plants in India, Egypt, Dubai and Mexico and the Poland plant is
Uflex’s fifth manufacturing facility and US plant will be it's sixth. Uflex had registered a Rs 3,500-
crore revenue in FY 11.

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Packaging giant Uflex eyes Rs 4,500-crore revenue

1. Packaging giant Uflex eyes 4,500-crore revenue With the operation of its facilities in USA and Poland, Uflex, India’s largest flexible packaging company, expects a Rs 4,500-crore revenue by end-this fiscal Uflex, plans to invest Rs 380-crore to set up a polyester films plant in the US with an annual capacity of 30,000 metric tonnes. The US facility will have a manufacturing capacity of 30,000 MTPA and will start production by December 2011. Uflex is also setting up another plant in Wrzesnia in Poland with an investment of around Rs 360-crore. The Poland facility capacity will be around 30,000 MTPA and is expected to be operationalised in June 2012. The company already operates plants in India, Egypt, Dubai and Mexico and the Poland plant is Uflex’s fifth manufacturing facility and US plant will be it's sixth. Uflex had registered a Rs 3,500- crore revenue in FY 11.

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