INDIA – Uflex Limited, a prominent packaging film industry player, has signed a long-term agreement to procure renewable energy for its packaging film plant in Dharwad, Karnataka.
This strategic move aligns with UFlex’s ambitious goal of achieving net-zero emissions by 2035 or earlier.
Under the Power Purchase Agreement (PPA) with Amplus Phoenix Private Limited, UFlex will source clean energy under a group captive power policy.
This transition to renewable power is expected to slash UFlex’s carbon footprint by approximately 19,000 tonnes of CO2 equivalent annually.
The Dharwad facility, which commenced operations in 2022, boasts cutting-edge production lines for BOPET (biaxially oriented polyethylene terephthalate), CPP (cast polypropylene), and metallisers. It is pivotal in UFlex’s global manufacturing footprint, spanning nine countries.
Beyond this agreement, UFlex demonstrates its commitment to sustainability through initiatives such as recycling multi-layer plastics and aseptic packaging waste. The company actively shares its expertise globally to promote sustainable practices.
Apoorvshree Chaturvedi, Director of Global Operations for the UFlex Group, underlines the organization’s energy optimization strategy and its firm belief in adopting sustainable practices.
This commitment is for short-term gains and the company’s long-term success and environmental stewardship.
UFlex’s decision to embrace renewable energy is not just a step forward for the company but a significant stride for the entire packaging industry.
By setting a precedent for other companies to explore clean energy solutions, UFlex is leading the way towards a more sustainable future.
Meanwhile, Uflex recently clinched an impressive tally of 10 prestigious awards at the SIES SOP Star Awards 2023, further solidifying its position as a leader in the Indian packaging industry.
Among its various business segments, UFlex’s packaging films and holography divisions secured three awards each, closely followed by its chemicals business, which received two awards. Additionally, its flexible packaging and printing cylinders businesses each received one award.
The SIES SOP Star Awards recognise outstanding contributions within the Indian packaging industry.
In 2023, the event showcased 36 companies and brand owners’ creativity and innovation across India. UFlex stood out by securing the second-highest number of awards.
With over 200 entries, the 7th edition of the SIES SOP Star Awards saw active participation from various packaging industry segments, with packaging material manufacturers and converters contributing significantly. Notable participants and winners included industry giants such as ITC and HUL.
Anantshree Chaturvedi, Vice Chairman and CEO of Flex Films International, expressed gratitude for UFlex’s recognition across ten product categories.
He attributed the success to the dedication and focus of UFlex teams on customer satisfaction, innovation, and research.
Chaturvedi emphasized that these awards reaffirm UFlex’s leadership in delivering innovative packaging solutions and underscore the company’s commitment to excellence and quality.
He highlighted UFlex’s unwavering focus on research and development as it continues to push the boundaries of packaging technology.
UFlex’s remarkable performance at the 2023 awards spanned various categories. In the packaging materials and components category, UFlex received recognition for products such as F-POX, an excellent oxygen and moisture barrier transparent BOPET film, F-PSX, a high-barrier AlOx polyester film, F-AFR-M, an Alu-Alu replacement metallized polyester film, Epoxy Acylate Oligomer (Flexcryl 4444), and Flex Beam Matt Opaque white for shrink sleeve application.
In the labelling and decoration category, UFlex was acknowledged for its 3D Flipogram label for the perfume industry and registered holography pack for coffee packaging.
Additionally, in the food category, UFlex’s fully recyclable spout pouch using BOPP/PE films for the Kissan Chotu pack received recognition, showcasing the company’s commitment to sustainable packaging solutions.
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