Uflex introduces convenient packaging for wheat flour

Nikita Singh
/ Categories: Trending, Markets

India’s flexible packaging major Uflex has introduced a 2 ply laminated packaging for wheat flour comprising a specialised polyester or specialised polyethene structure. The company has been aggressively developing resource optimized packaging for essential staples such as pulses, wheat flour, sugar, salt and oil.

This attempt of the company is targeting the broad market of almost 80-85 per cent staple food products that are sold with out any pre-designated packaging. According to the company, a large number of brands are seeking cost effective packaging for the commodity food items to tend to the urban consumers.

In order to maintain the sturdiness and functionalities of the packaging along with cost-efficiency, the company has adopted a three pronged approach to develop the wheat-flour packaging.

The packaging has been developed as a ligh-weight and resource optimizing packaging with a reduced thickness of the PE by almost 38 per cent that has down gauged the overall packaging.

On Thursday, the Uflex closed at Rs. 480.15 per share on BSE. The stock hit an intraday high of Rs. 489.85 per share and an intraday low of Rs. 478.20 per share on BSE. The stock had hit its 52-week high of Rs. 506.75 per share on December 26, 2017 and its 52-week low of Rs. 256.05 per share on February 15, 2017, respectively.  

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