Uflex surges on launch of FLEXBON 00512

Uflex Ltd a leading manufacturer of adhesives, printing inks, coating and polyols for packaging and related applications, has launched general performance, single component solvent-less PU adhesive – FLEXBON 00512.

The new product is a moisture curing adhesive that is formulated for laminating film with printed and unprinted board or paper with an average coating weight of 3 to 5 GSM. Solvent-less lamination machines that have smooth rollers are ideally where the adhesive would work best. The FMCG industry is most likely to benefit from this new product as there is an extreme demand for folding cartons in this sector.

The stock on July 3, hit an intraday high of Rs. 257 per share and an intraday low of Rs. 250 per share on the BSE. The stock's 52-week high is recorded at Rs. 506 and 52-week low at Rs. 245 per share on the BSE. The stock closed at Rs. 253.50, up by 0.30 per cent on the BSE. The BSE Sensex closed at 35,378.60 level, up by 0.32 per cent and Nifty50 at 10,699.90 up by 0.40 per cent.