Uflex flexes its muscles in USA

about 2 years ago
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FlexFilms, the global film manufacturing arm of Uflex, has been granted United States Patent covering entire categories of Formable Films that include one or more BOPET layers used in Alu Alu blister packaging.

The patent, issued on 20th Noc’18 is valid for 20 years.  With the patent issuance, the company gets exclusive right of manufacturing & sale of this special BOPETfilm in US, Europe and India.

Naturally, the market is happy with the news and the stock price rose over 6.5% to Rs.297, with volumes going up over two times.

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