Uflex turns red despite new product launch
DSIJ Intelligence / 13 Oct 2016
Uflex has launched 9.5-micron specialty ALOx polyester film, flexaloxprotect F-PGX. The new product is engineered by Uflex’s subsidiary Flex Americas S.A. de C.V. at Mexico plant.
Uflex has launched 9.5-micron specialty ALOx polyester film, flexaloxprotect F-PGX. The new product is engineered by Uflex’s subsidiary Flex Americas S.A. de C.V. at Mexico plant. No other player produces such a thin PET ALOx speciality film with such superior barrier properties.There is growing demand for transparent flexible packaging that allows retail customers see-through and check the quality of the product packed inside.
Being a down-gauged film Flexaloxprotect F-PGX is 24 per cent lighter than its 12.5-micron variant and almost 60 per cent lighter than the 23.5-micron variant. Furthermore, the price coordinates give better yield. While the 12.5 micron ALOx film has a yield of 57.14 m2/kg and the 23.5-micron film has a yield of 30.4 m2/kg, the 9.5 micron speciality ALOx film yields 75.18 m2 per kg. This brings major cost savings for the converters.
The share price of Uflex decreased by 4.79 per cent on bourses in early trades; and is trading at Rs 298.5 on an intraday basis.
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