Innovative companies often have an interesting history. One tradition-conscious market leader is the German vacuum specialist Leybold. Founded by Ernst Leybold in Cologne in 1850, the company has achieved numerous pioneering milestones and product developments. Now, in 2025, the renowned manufacturer is celebrating its 175th anniversary.

Important Role in Many Areas

Leybold’s core competencies include developing and manufacturing standardized, individual solutions for vacuum generation and process gas conveying, as well as customer-specific vacuum systems. The vacuum pioneer’s components, systems, and services play an important role in many areas worldwide, such as industrial coating, analysis, and research and development processes.

Dynamic Markets, High Demands

With its comprehensive application expertise and the quality of its products and services, Leybold has a significant influence on the efficiency of processes and value chains. This is particularly important at the moment because the market dynamics and global challenges, such as climate change, are especially great.

Areas of Application Undergoing Structural Change

The currently relevant applications of vacuum technology in structural change include metallurgy, the automotive and coating industries, solar, display and food applications, analytics and processes for the production of lithium-ion batteries for electromobility.

Continuation of the Leybold Name

The entrepreneur Ernst Leybold laid the foundations for the company when he moved from Bavaria to the Rhineland in 1850. By registering the company in Cologne, Leybold became the founder of industrial vacuum technology. Even after the sale of the company in 1870, which continued to operate under the name “E. Leybold's Nachfolger', his vision remained intact.

Collaboration with Dr. Wolfgang Gaede

His successors achieved a breakthrough in vacuum technology in 1906 in collaboration with Dr. Wolfgang Gaede: for example, with the basic principle of the turbomolecular pump (1911) and the application of the diffusion pump (1913), both of which are still in use today. The gas ballast device for pumping out vapors, patented in 1935, is also still in use.

Industrial Utilization of the Vacuum

Vacuum metallurgy began in 1913: Dr. Wilhelm Rohn, head of the physical testing laboratory at W.C. Heraeus GmbH, developed a process for melting high-purity metals in a vacuum in Hanau, which was patented in 1918. In 1931, Wilhelm Carl Heraeus succeeded in vaporizing metals on glass, thus paving the way for vacuum coating technology. Subsequently, vacuum technology was increasingly used in process engineering.

Important Brand with Great Appeal

In September 2016, the Swedish company Atlas Copco AB, based in Stockholm, acquired 100 percent of Oerlikon Leybold Vacuum, which is now part of Atlas Copco's Vacuum Technique division. In the multi-brand group with around 53,000 employees and customers in over 180 countries, Leybold is a major brand that plays an important role with its great tradition and reputation.

About Leybold

Established in 1850, Leybold is a pioneer in vacuum innovation. Our inventions have paved the way for many modern-day vacuum technologies, including our range of next-generation vacuum products. We are recognized globally as a leader in the manufacture of vacuum pumps and systems for industrial and scientific vacuum applications, that are supported by our specialized and globally accessible Service solutions.

We are proud to live up to our brand promise - Pioneering products. Passionately applied.

Founded in Cologne, Germany with sales and service locations around the globe. We are a part of the Atlas Copco Group. For more information, visit leybold.com.

Cosmo Specialty Chemicals, a 100% subsidiary of Cosmo First and a one-stop solution for a range of Adhesives, Masterbatches, and Coating Chemicals, has announced the launch of its innovative COSEAL-601 heat seal coating solution. The company’s heat seal coating technology has demonstrated remarkable market performance, consistently outperforming industry benchmarks across various temperature ranges.

Recent performance data shows COSEAL-601 achieving superior sealing strength compared to market alternatives, particularly in the crucial 120-160°C temperature range. The product has demonstrated exceptional versatility across both 2-ply and 3-ply aluminium foil laminated structures, making it ideal for diverse packaging applications.

Backed by strong financial performance and superior technical specifications, the company’s innovative approach has witnessed Cosmo Specialty Chemicals achieving 60% sales growth over last year (Dec 2024 YTD basis) and EBITDA in high teens. 

Mr. Raj Sharma, Business Head of Cosmo Specialty Chemicals, said, “Our COSEAL-601 represents a significant breakthrough in heat seal coating technology. The product’s superior performance, particularly in high-speed manufacturing environments, has resonated strongly with our customers. The impressive growth in our contribution margins reflects our ability to deliver tangible value to our customers’ packaging operations. As we continue to innovate, we remain focused on developing solutions that combine operational efficiency with sustainability.”

The COSEAL-601 coating offers several key advantages with its ready-to-use formulation for immediate application, superior adhesion to aluminium foil laminate structures, optimal sealing performance at 120-140°C, low coefficient of friction with a block-free formulation, enhanced compatibility with high-speed manufacturing and superior resistance to water and oil

The product has been specifically engineered for both 2-ply structures (45-60 GSM Paper/6.35-9µ Foil/HSL coating) and 3-ply structures (45-60 GSM Paper/10-12µ PET/6.35-9µ Foil/HSL coating), offering versatility across different packaging requirements.

About Cosmo Speciality Chemicals
Cosmo Speciality Chemicals is a 100% subsidiary of Cosmo First Limited. The company was established in 2020 with a vision of providing the best and most competitive products through innovations based on sustainable science. With Innovation, commitment to excellence and superior quality products, CSC is a one-stop solution for a range of Adhesives, Masterbatches, Coating Chemicals.

Cosmo Speciality Chemicals is one of the leading manufacturers of masterbatches in India. They produce white masterbatch, filler masterbatch, additive & specialized masterbatches to meet the diverse market requirements of customers in the flexible packaging Industry. Their state-of-the-art testing, analytical, and characterization instruments infrastructure ensures consistent quality. 

Cosmo Speciality Chemicals manufactures a wide range of coatings for excellent ink adhesion, gloss, clarity, durability, and resistance to scuff and scratches for a wide range of packaging, lamination, and synthetic paper applications.

Cosmo Speciality Chemicals is one of the leading adhesive manufacturers in India. The adhesives improve assembly quality while also decreasing production costs. CSC Adhesive Division is now a hub for a portfolio of combined technologies, innovations, expertise, and resources committed to growth in label, packaging, and lamination adhesive products.

CSC Adhesive division innovates technologies that employ a wide range of adhesives to enhance the performance of finished goods. They have a dedicated R&D, manufacturing, marketing, and technical support group for adhesives. The CSC Adhesive group has state-of-the-art analytical, physical, and performance property evaluation and testing capabilities available to help customers develop prototypes and troubleshoot problems.

About Cosmo First Limited:
Established in 1981 and founded by Mr. Ashok Jaipuria, Cosmo First is a global leader in specialty films and an emerging player in speciality chemicals (Masterbatches, Adhesive, & Coating), Cosmo Plastech and Cosmo PPF, along with a digital-first Omni channel Pet care business under the brand name ‘Zigly’. Cosmo First is into D2C, B2B2C and B2B businesses and has operations in India, Japan, Korea, Europe, and the Americas. Visit www.cosmofirst.com for more details.
 

UFlex Ltd., India’s largest multinational flexible packaging and solutions company, has achieved a significant milestone by becoming the first Indian company to receive approval from the United States Food and Drug Administration (USFDA) for its recycling process. This approval allows UFlex to use recycled polyethylene (rPE) in food packaging, marking a major step in reducing plastic waste and supporting global brands in meeting their sustainability goals.
UFlex’s recycling process is categorized as super-clean recycling, with the ability to de-ink post- consumer recycled (PCR) materials by more than 95%, making it one of the most advanced processes worldwide. This certification adheres to international standards and contributes to the global shift toward a circular economy, reinforcing UFlex’s commitment to sustainability and innovation.
To further strengthen its recycling infrastructure, UFlex is investing INR 317 crores (USD 38 million) in advanced recycling technologies. This includes the establishment of two new recycling plants at its Noida facility in India, with a combined annual capacity to process 39,600 metric tons of plastic waste. These plants will significantly boost the production of rPET and rPE materials for use in food packaging, aligning with India’s growing emphasis on sustainability and its evolving legislative framework.
“In line with our commitment to support the Government of India’s Extended Producer Responsibility (EPR) legislation, we are proud to announce this significant investment to strengthen our recycling capabilities. The Indian government has set ambitious targets for the collection, recycling, reuse, and use of recycled content in plastic packaging to promote sustainable packaging. Our enhanced recycling operations will empower brand owners to meet their EPR commitments and set a global benchmark for sustainable packaging,” said, Mr Jeevaraj Gopal Pillai, Whole Time Director, Director - Sustainability, President - Flexible Packaging and New Product Development, UFlex Limited.
He further stated, “Innovation and sustainability have always been at the heart of our journey. Three decades ago, when recycling was still an emerging concept, we envisioned a future where waste could be transformed into value. Our early investments in recycling multi-layered plastic waste, once thought to be impossible to recycle, proved that innovation could drive meaningful change.”
He added, “With the first-ever USFDA approval for an Indian company in food-contact recycling, we are proud of how far we have come. This milestone is not only a proud moment for UFlex but also for India, as it highlights our country’s growing leadership in sustainable innovation and underscores its potential to make significant contribution to the global sustainability agenda. Additionally, we have applied for USFDA certification to recycle polypropylene (PP), which will position UFlex as the first company in the flexible packaging industry with the technology and capacity to recycle all three materials—PET, PE, and PP—for use in food packaging. We are excited to collaborate with global brands to help them meet the growing consumer demand for sustainable products while reducing plastic pollution.”
 
At present, there are no specific guidelines for the use of recycled polyethylene (rPE) content in food packaging. However, there is a mandatory requirement under the Extended Producer Responsibility (EPR) regulations to incorporate recycled content in packaging. UFlex, in collaboration with industry players, is actively engaging with government bodies such as FSSAI and BIS to help develop the necessary guidelines for the safe and sustainable use of rPE content in food packaging in India. This collaborative effort aims to ensure that the industry adheres to the highest standards in food packaging while contributing to a circular economy.
Currently, UFlex has recycling plants in India, Poland, Egypt, and Mexico, processing post-consumer multi-layered mixed plastic (MLP), multi-layer aseptic packaging (MLAP), and polyethylene terephthalate (PET) waste. It is the only Indian company working on innovative solutions for flexible MLP and PCR applications both in India and globally.
Through the conversion of post-consumer waste into high-quality, food-safe materials, UFlex is driving innovation while reinforcing its commitment to a circular economy.
For queries: corpcomm@uflexltd.com
About UFlex:
UFlex Limited is India’s largest multinational flexible packaging and solutions company. Since its inception in 1985, UFlex has grown from strength to strength and has built a strong presence across all verticals of the packaging value chain - packaging films, chemicals, aseptic liquid packaging, flexible packaging, holography, engineering, and printing cylinders.
With a 12,000+ strong multicultural workforce across global regions that works toward developing innovative, value-added, and sustainable packaging solutions, the company has earned an irreproachable reputation for defining the contours of the packaging industry in India and overseas. It provides end-to-end solutions to numerous Fortune 500 clients across various sectors such as FMCG, consumer product goods, pharmaceuticals, building materials, automobiles, and more, in more than 150 countries.
Headquartered in Noida, the National Capital Region, India, UFlex enjoys a global reach with advanced manufacturing facilities in India, UAE, Mexico, Egypt, USA, Poland, CIS, Nigeria, and Hungary.
 

Cosmo Films, a global leader in specialty films for packaging, lamination, labelling, and synthetic paper vertical, has been honoured with the prestigious SIES SOP Star Awards 2025, further cementing its position as an innovative packaging solutions provider.

The SIES SOP Star Awards were instituted in 2017 to recognise the talent in the Packaging Sector for its continuous efforts in Innovation, Creativity and New Developments across various product segments such as Beverage, Food, Health & Personal Care, and Pharma among others.

The 8th Edition of the SIES SOP Star Awards witnessed an impressive participation of over 200 entries, with Cosmo Films successfully securing recognition in two critical categories under Packaging Materials & Components. The company’s two ground-breaking products that merited the awards are – ‘Metallized BOPP For High-Speed Packaging’ and ‘Next Generation UHB-HR MO’ High Heat Resistance BOPP Film For Replacing METPET Mono Carton Packaging Application.

Mr Pankaj Poddar, Group CEO, Cosmo First, commented on the achievement: “This prestigious award is a recognition of Cosmo Films’ innovative packaging solutions. Both of our entries under the Packaging Materials & Components category validate our continuous commitment towards innovation and sustainability in the packaging industry. Our latest developments highlight our ability to create advanced solutions that address evolving market needs and environmental considerations. I’m thankful to the jury for their vote of confidence in us and for winning this very prestigious industry award.”

This recognition follows Cosmo Films’ previous success at the SIES SOP Star Awards, strengthening the Company’s reputation for delivering cutting-edge packaging technologies. The awards highlight Cosmo Films’ strategic focus on developing products that not only meet but also exceed the usual industry standards.

Cosmo Films remains dedicated to pushing the boundaries of packaging technology, investing consistently in research and development to create eco-friendly, high-performance solutions for global brands.

About Cosmo Films:
Cosmo Films is a global leader in specialty films for packaging, lamination, labelling and synthetic paper. With engineering of innovative products and sustainability solutions, Cosmo Films over the years has been partnering with worlds’ leading F&B and personal care brands and packaging & printing converters to enhance the end consumer experience.  With manufacturing units in India and warehousing in different parts of the world, the Company has been at the forefront of developing customer-centric solutions to deliver the finest product and service experience, backed by innovation, people, and processes.

About Cosmo First Limited:
Founded by Mr Ashok Jaipuria in 1981 as Cosmo Films, today Cosmo First is a multinational conglomerate with 5 major business verticals. The flagship company, Cosmo Films, is a global leader in specialty films for packaging, lamination, labelling, and industrial and synthetic paper, serving over 5000 customers across 100+ countries. The other verticals include Cosmo Speciality Chemicals (Masterbatches, Adhesives, & Coating), Cosmo Plastech (Rigids - IML Containers and Specialty Sheets of PP / PET and HIPS) and Cosmo PPF (Automotive Paint Protection Films), along with a digital-first omni-channel pet care business, Zigly. Cosmo First is into D2C, B2B2C and B2B businesses and has operations in India, Japan, Korea, Europe and Americas. Visit www.cosmofirst.com for more details.
 

Automation NTH, a leading automation system integrator specializing in solving complex life sciences, medical device and med tech manufacturing challenges, will showcase a precision automation solution for complex medical device assembly at INTERPHEX NYC, April 1-3. At Booth #3061, the company will provide live demonstrations of its custom-designed Vision Guided Robotic Wire Insertion Machine, a precision solution that can meticulously control movement with less than 0.001” (25 µm) tolerance in all axes. The machine was engineered to address the tight-tolerance assembly of two common medical device sub-components: stylets and cannulas.
Stylets are flexible metal wires often as miniscule as 0.010” (0.254mm) in diameter. Cannulas are hollow, exceedingly narrow tubes with inner diameters of approximately 0.013” (0.3302mm). Cannulas are frequently used to house needles or stylets for IVs and syringes. 
Assembling such constructions brings several challenges, precision first and foremost. The wire insertion process requires accuracy of ± 21 µm, angular tolerance of 1.5°, and robot movements with ± 5 µm accuracy. From a quality control standpoint, stylets must not touch the inner wall of the cannula, which could damage the stylet. Variability is also a concern, as stylets differ in key attributes such as wire bends, angles, and lengths. Considering this, any machine solution must be exceptionally flexible.
Automation NTH solved these challenges by utilizing a Selective Compliance Assembly Robot Arm 4 (SCARA 4) axis robot, along with two tabletop-mounted servo motors permitting independent motion. The configuration allows the machine to tilt the syringe, holding the cannula in the Theta X and Theta Y directions to handle angle variability in the stylets. To accommodate for stylet variability, the machine utilizes vision to guide the robot into position, then aligns the cannula with the stylet for insertion.
Automation NTH’s Vision Guided Robotic Wire Insertion machine incorporates a robotic gripper, which picks a cannula from a nest and threads it into the syringe body, fixing it into place. A corresponding robotic arm then picks a stylet from the nest and moves it to an approach position, presenting it to inspection cameras that record and measure offsets.
The system thus employs a delicate feedback loop between the robot, camera, and servo motors. The cameras record and measure, while the robots adjust the stylets and cannulas as needed based on this information. The process is then repeated until the stylet is lined up within ± 21 µm, achieving this incredibly tight tolerance via a “progress until perfection” setup.
“This Vision Guided Robotic Wire Insertion machine demonstrates Automation NTH’s ability to create innovative solutions for complex, high precision assembly applications,” said Peter Sarvey, Head of Sales at Automation NTH. “We look forward to showcasing the machine’s extraordinarily precise handling and assembly capabilities to attendees at INTERPHEX NYC.”
 

About Automation NTH 
Founded in 1999 and headquartered outside of Nashville, TN with a facility in San Diego, CA, Automation NTH is a trusted partner in automation for manufacturers. Our expertise transforms your manufacturing operations from manual processes to semi-automated and fully automated production. Whether scaling up from individual work cells or introducing fully integrated production lines, we deliver solutions that drive cost savings, enhance efficiency, and minimize risks. With a strong focus on robotics and controls, we ensure timely delivery of projects with strict adherence to budget. Our innovative approaches improve production capacity, product quality, and enable operator autonomy. Our services include: Custom Automation, Equipment Optimization, and Automation Consulting. Let us turn Automation into your Competitive Advantage! 
 

If a wind or solar installation doesn’t last as long as its expected 20-30 year service life, is it really a sustainable use of resources? With corrosion as a key enemy of wind and solar longevity, Cortec® reminds manufacturers and investors not only of the importance of proper materials selection during the design phase, but also of the benefits of a few simple corrosion preventative steps during shipping and maintenance.

Shipping Solar and Wind Components Corrosion-Free
One of the first corrosion prevention tasks is to get solar panels and wind turbines to the jobsite in like-new condition. This can be challenging when fluctuating temperatures, humidity, and even salt spray heighten the risk of corrosion during the journey. The right protective packaging can eliminate this problem.

ESD Packaging for Sensitive Solar Components
When packaging photovoltaic equipment, manufacturers should think of protecting ESD (electrostatic discharge) sensitive components such as bypass diodes, as well as the metal supports, frames, wires, and electrical contacts that could be subject to corrosion. EcoSonic® VpCI®-125 HP Permanent ESD Films and Bags take care of both concerns. Vapor phase Corrosion Inhibitors in the film inhibit corrosion on a variety of ferrous and non-ferrous alloys, including galvanized steel, aluminum, and brass; while permanent static-dissipative properties help reduce or eliminate static buildup in the package.

Outdoor Shipment of Large Wind Components
In the case of wind turbine components, size, rather than ESD protection, is one of the big issues. Large wind turbine shafts, rings, and hubs often receive the brunt of attack from harsh weather because they may be transported on open truck beds or stored onsite for several years until installation is completed. Fortunately, VpCI®-126 HP UV Shrink Film and MilCorr® VpCI® Shrink Film are two anticorrosion films designed to hold up well in outdoor conditions and available in sizes large enough to shrink wrap giant components. If needed, additional protection can be added, such as VpCI®-368 D removable coating for more vulnerable surfaces and/or Desicorr® VpCI® Pouches for additional corrosion protection plus desiccant action within equipment and packaging voids.

Corrosion Prevention in Control Panels
Once solar panels and wind turbines are put into service, the job of corrosion protection is not over. Solar panels and wind turbines are inherently equipped with wires and electrical contact points that merge inside control boxes potentially subject to the ingress of oxygen, humidity, and chlorides. Placing a small self-stick device such as the VpCI®-105 or VpCI®-111 Emitter inside is an easy and effective way to guard against corrosion surprises that would require early repair or replacement of any exposed electrical contact points within the panel. Similar to VpCI® films, these devices release corrosion inhibiting vapors that diffuse throughout the space and adsorb on metal surfaces (ferrous and non-ferrous) to which they are attracted. It is much easier to replace these once every two years as part of routine maintenance rather than risk the potential of corroded metal contacts that could interrupt operations and require more extensive repair.

Extra Coatings for Structural Protection
In some cases, extra coatings may be desirable on various structural components. For instance, wind turbine base bolts are especially prone to corrosion and are good candidates for VpCI®-368. Although classified as a removable coating, VpCI®-368 offers such heavy duty corrosion protection that it is often used in offshore platform layups. If (unlike normal) solar panel frames and supports are made of carbon steel rather than corrosion resistant aluminum or galvanized steel, an extra protective coating such as EcoShield® VpCI®-386 or a primer/topcoat combo such as VpCI®-396 and VpCI®-384 is definitely in order to reduce solar structural corrosion. In some extreme conditions, owners may even find supplementary coatings warranted for an additional layer of protection on aluminum or galvanized steel in the severest environments. In these cases, a wash primer such as VpCI®-373 should be used before top-coating for better adhesion.

Keep Renewable Energy Sustainable
While the suggestions above do not cover all possible corrosion concerns for wind and solar energy, they are good places to start for basic corrosion prevention. Protecting solar and wind components during transit is critical to getting off to a good start, while protecting control panels and vulnerable structural components as part of routine maintenance can promote desired longevity by reducing corrosion at some of the easiest points to address. Contact Cortec® to learn more about protecting solar and wind components during shipping and maintenance to maximize the sustainability of renewable energy.

Company also will showcase a high-speed serialization station for bottles of various shapes and sizes; a versatile unit for in-depth manual inspection of a wide range of containers; and an adjustable station for streamlined case aggregation.

Antares Vision Group – a technological partner in the digitalization of products and supply chains for companies and institutions, and a leader in traceability and inspection for quality control – will offer live demonstrations of a high-speed system providing 100% inspection and leak detection for liquid-filled glass containers at INTERPHEX NYC, April 1-3 in New York. At its Booth #2821, Antares Vision Group also will showcase a high-speed serialization station for bottles of various shapes and sizes; a manual station suitable for a wide range of containers; and a standalone module for semi-automatic case aggregation.

Across Antares Vision Group’s core strengths of traceability and inspection, the solutions highlighted at INTERPHEX share several commonalities. Perhaps most prominently, each can be deployed as integrated modules into existing production environments, an inherent agnosticism that substantially simplifies incorporation. Concerning traceability specifically, the company’s ultra-secure cloud-based systems enable end-to-end “full stack” connection of the physical and digital worlds, from Levels 1 through 5.

High-speed Visual Inspection & Leak Detection for Liquid-filled Glass Containers

Antares Vision Group’s automatic Visual Rotating Inspection (VRI) system is capable of inspecting up to 400 liquid-filled glass containers per minute. The machine combines sophisticated particle and cosmetic detection that can integrate with high voltage, vacuum, and headspace gas analysis (HSGA) technology-driven closure integrity verification at an exceptionally rapid production pace. 

The VRI allows for the precise detection of cosmetic defects and particles, and also checks fill levels. It can inspect liquids presenting in a wide variety of viscosities, including water-like, oily, suspension, gel, emulsion, lyophilized, and powder products. Vials are also inspected for cosmetic defects such as crimping quality, flip-off color, neck-shoulder sidewalls, and stopper position. Molded glass and plastic containers also can be inspected for particles and cosmetic defects.

A split-infeed screw setup provides smooth and reliable operation, preventing undesired stops and restarts. A main floating carousel with a torque motor-driven inspection platform allows ideal cleanability and single-point product handling (from the neck), providing a constraint-free optical setup and improving detection capabilities through enhanced Field of View (FOV) and Depth of Field (DOF). Optional add-on features include code verification, optical character recognition (OCR)-optical character verification (OCR-OCV), and serialization incorporation.

 
Versatile Automated Serialization Solution for Bottles

Antares Vision Group’s recently introduced Omnivision Bottle Serialization Station offers seamless traceability for round, square or rectangular bottles commonly used in healthcare applications. Capable of handling a wide range of container shapes and sizes at speeds up to 300 per minute, the Omnivision can print unique helper codes on the top or bottom of each bottle, then perform a 360-degree reading of the unoriented bottle surface for recognition of printed serialized data and code association. This unique helper code is then used for subsequent manual or automatic aggregation phases, such as bundling or case packing. The system's seamless product handling ensures superior printing quality, and a lateral belt system provides bottle separation. Optional topsert inspection is available.

Manual Visual Inspection for Any Container Size

Also at INTERPHEX, Antares Vision Group will feature the Easy TB, ideal for the manual visual inspection of small batches - or to help trend and characterize potential defects in combination with semi-automated or fully automated systems. Capable of handling containers up to 52mm in diameter, 110mm tall and with volumes up to 100ml, the flexible unit – so-named for its simple, tool-free format change in under a minute – is suitable for inspecting a wide array of vials, bottles, cartridges, ampoules and prefilled syringes. 

To operate the Easy TB, an operator utilizes a bottom plate to load a container, which is held in firm position by an adjustable top tailstock. The module's inspection features include an advanced lens with adjustable positioning; various lighting position and intensity options (bottom, back, combination, etc.); a PLC-based system to manage bottom plate spinning speed; black and white backgrounds; and a sliding mask for configuring optimal visual inspection conditions.

Versatile Module for Off-Line Semi-Automatic Aggregation

The Top View Matrix Station aggregates cartons to a specific shipping case and prints unique shipping labels. Suitable for carton/bottle-to-case or bundle-to-case aggregation, the module’s signature feature is a 19.6”x11.8” top-view reading window, which employs cameras that automatically adjust to reading additional layers for faster throughput. The unit alerts operators to incorrect or already-picked barcodes and other defects to ensure a higher quality process, and an intuitive touch screen interface allows personnel to quickly change product and shipping information to accommodate customer orders. Semi-automatic operation gives warehouse and distribution operations the ability to cost-effectively go beyond the throughput limitations of manual loading and aggregation.
 

Highlighted offerings include company’s Vial Protect Pack and Light Protect Pack solutions, as well as Shrink Tack Label for secure, tamper-evident syringe marking.

IL Group, a specialist in multifunctional labeling solutions for the pharmaceuticals and healthcare sectors, will showcase several innovative solutions designed to enhance pharmaceutical packaging safety, integrity, and efficiency at INTERPHEX NYC, April 1-3. At Booth #1362, IL Group’s US entity, Iwata Label USA will exhibit its containment and light protection solutions for vials, including Vial Protect Pack and Light Protect Pack, as well as its Shrink Tack Label, a tamper-evident safety label for syringes

The company’s Vial Protect Pack (VPP) series is designed to provide added protection for fragile or high-leverage glass vials, as well as outer surface contamination of cytotoxic medicine. Comprising a glass vial, plastic protector, and Shrink Tack Label, the system delivers both reliable safeguarding and tamper evidence. The label’s adhesive securely bonds the plastic component to the primary container, eliminating any risk of unintended separation and enhancing protection throughout the supply chain. 

The VPP series is available in two configurations: Vial Protect Pack I (VPP I), which features a bottom plastic plate attached to the vial with the Shrink Tack Label for enhanced protection, and Vial Protect Pack II (VPP II), which essentially provides a “container for a container.” The solution combines a thick, tall plastic cup that cradles the primary vial with a shrink-tack label offering reliable tamper evidence. The plastic cup and the primary container are held in place with the label’s adhesive, eliminating any chance for their unintended separation. Both versions incorporate IL Group’s proprietary Shrink Tack Label, a heat-shrinkable PET film with pressure-sensitive adhesive for a secure bond and superior protection.

IL Group also will showcase its Light Protect Pack, designed to maintain drug stability by blocking light with wavelengths as low as 380 nanometers (violet) and with (amber) material as low as 500 nanometers which are also available as part of the lineup. Unlike conventional light-protective solutions, the labeling solution can successfully shield light even for applications using clear glass vials, or syringes (both glass and plastic) allowing visual inspection during the reconstitution process while still providing long-range light protection. This ensures the stability of light-sensitive pharmaceuticals from packaging to administration, enhancing both product safety and usability.

For syringe applications, the company will showcase its Shrink Tack Label for tamper-evident sealing, a critical solution for securing syringe contents and preventing tip cap movement during shipping. The label integrates documentation, sealing, and tamper evidence into a single streamlined process. Its easy-to-open seal enhances user convenience, while a twist-off, irreversibly tamper-evident cap provides an additional layer of security. For products requiring extra protection, an optional UV-blocking feature increases stability. Additionally, label colors can be customized for quicker, easier content identification.

“We are excited to present our latest advancements in pharmaceutical labeling at INTERPHEX 2025,” said Eiji Funabashi, President for Iwata Label USA Inc. “Our Vial Protect Pack, Light Protect Pack, and tamper-evident solutions for syringes are designed to meet the highest industry standards, ensuring safety for healthcare personnel and patients, as well as regulatory compliance and operational efficiency for pharmaceutical manufacturers.”

About IL Group
Based in Aichi, Japan IL Group is a total pharmaceutical packaging solution provider. The company provides precision, often customized labeling solutions for global pharmaceutical and healthcare companies. In addition to its advanced pharmaceutical labeling solutions, IL Group provides clinical trial services, contract packaging services, and a series of high-efficiency labeling machines. Its extensive portfolio includes ISO-compliant roll-on and shrink-tack labels featuring value-added benefits such as tamper evidence, protection against breakage, and light-shielding properties, as well as specialty constructions whose functions range from reliable adhesion in cryogenic applications to detachable elements for ease of medical recordkeeping. 

IL Group’s US entity, Iwata Label USA, combines elevated Japanese quality standards with a keen sense of North American market needs. In Japan, IL Group holds the predominant share of Japan’s pharmaceutical labeling market. Through its three-pole network in the US, Europe, and Japan, as well as various global partnerships, IL Group is poised for further growth and innovation.
 

Giving used food packaging a second life and advancing recycling of PVDC within the polyolefin waste streams

Syensqo, a leading global provider of advanced performance materials and chemical solutions, is pleased to announce the sSyensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates in 30 countries.uccessful completion of an ambitious recycling initiative. The results of comprehensive trials have proven that multilayer food packaging structures with Ixan® polyvinylidene chloride (PVDC) can effectively be recycled into valuable feedstock for other applications within a standard polyethylene (PE) based waste stream. The trials have been conducted by CSI, an acknowledged provider of testing and certification services for controlled environments, part of IMQ group.

Federico Baruffi, Global Marketing Manager Packaging at Syensqo, states: “Recyclability is the main requirement for food packaging nowadays. Multilayer films possess outstanding properties and are essential in food packaging, having a strong positive environmental impact by reducing food waste. However, due to their particular composition and structures, they have previously been considered impractical for mechanical recycling, which is the most common method in the industry. Our tests have now demonstrated that film structures using our Ixan® PVDC product are fully compatible with existing mechanical PE recycling. Notably, the resulting recycling can give used food packaging a second life in other applications and open new opportunities for sustainable material management without the addition of any stabilizers.”

PVDC is well known to offer the best oxygen and water vapor barrier in food packaging. The tests were performed with structures for high-barrier meat packaging using PE/EVA/Ixan® /EVA/PE multilayer films. The impact of the structures on the recycling process was evaluated in comparison to a reference sample of real flexible packaging waste.

The trials were conducted in compliance with EN 13430, which defines the requirements for packaging material recycling in Europe. The multilayer Ixan® PVDC structures passed all testing without any critical issues in grinding, subsequent washing/drying, extrusion/pelletizing and injection molding even at 220°C.

The project has clearly proven that multilayer food packaging with PVDC can be mechanically recycled in an open loop approach together with PE waste, enabling the efficient, flexible and sustainable reuse of the resulting feedstock in injection molded items such as flower pots, pallets, benches, etc. This is a significant achievement, as European community initiatives aim to increase the percentage of plastic packaging that is effectively recycled across Europe.

About Syensqo

Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates in 30 countries.

Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and healthcare applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity.

Leading inkjet technology group, Xaar is revolutionising corrugated packaging printing, delivering flexo quality and a reduced cost per print alongside digital customisation and personalisation benefits in a single pass.
Thanks to Xaar’s Ultra High Viscosity Technology, its Aquinox printhead can jet fluids of up to 1000 centipoises (cP) at ambient temperature (approx. 100 cP at jetting temperature), which has enabled chemists to develop inks that overcome many of the barriers inkjet has previously faced in the corrugate sector. These new high viscosity formulations minimise ink absorption into corrugated surfaces to produce unbeatable opacity and colour vibrancy, ensuring both visible appeal and durability for corrugated packaging. 
By absorbing less ink into the board, the same print quality is achieved with less ink, enabling faster printing and significantly reducing production costs as well as the total cost of ownership. Printing with the new water-based high viscosity inks developed by Nazdar easily meets the demands of even the fastest corrugated packaging production lines. 
In addition, with less substrate penetration, high-viscosity inks can remove the need for primers, simplifying the printing process and improving sustainability by reducing drying energy and fluid usage – resulting in brighter, more vibrant prints on uncoated and unprimed corrugate boards. Xaar’s technology also significantly decreases cost per job alongside delivering flexo-level print quality, meaning digital print is more relevant than ever before.
Independent research conducted by the Welsh Centre for Printing and Coating at Swansea University clearly demonstrated that using Xaar’s Ultra High Viscosity Technology increases colour density by up to 60 per cent, expanding the colour gamut and boosting productivity. In addition, by reducing water in the inks, less energy is consumed in the drying process, lowering operational costs and aligning with corrugated packaging manufacturers’ sustainability goals. 
Reliability is key in any print application, and the Xaar Aquinox’s higher throw distance prevents any substrate-induced damage through collisions with the printhead, and accommodates varying gauges of cardboard. Xaar’s TF Technology eliminates potential nozzle blockages from cardboard dust, and fast printhead recovery minimises ink waste and downtime during production starts and stops. Optimal ink conditions can be maintained throughout long print runs by a Megnajet fluid management system ensuring uniform print quality when using high viscosity inks. 
Xaar’s Business Development Manager, Neil Cook said: “Historically, inkjet printing has not been able to provide the quality, reliability or speed that corrugated packaging print required. Now, thanks to our Ultra High Viscosity Technology, we can deliver the high print quality standards demanded while reducing the cost per print.”
Xaar is focused on building inkjet’s growth within the corrugate sector, highlighting its benefits to attract more customers. Neil concluded: “Alongside the intrinsic advantages of customisation available from digital print, with its impactful colours, reduced cost per print and sustainability benefits, Xaar Technology is providing a game-changing shift in corrugated printing. This innovation is redefining what’s possible for users, unlocking new opportunities in print and setting a new standard for the industry.”
Neil Cook, Business Development Manager at Xaar will be participating in CCE International, taking place from 11-13th March in Munich, Germany. He will be presenting "Is inkjet now able to revolutionise digital printing of corrugates?" on Tuesday, 11th March at 10:30am, discussing how high viscosity inks and Xaar’s printhead technology can drive the next evolution in digital corrugate printing. Tomas Cerny, Principal Engineer at Xaar, will also present "More secrets of inkjet printing" on Wednesday, 12th March at 11:30am, exploring the distinct advantages offered for end users looking to incorporate digital printing into their production processes.
 

 JPFL Films Private Limited, a subsidiary of India’s biggest flexible packaging company, Jindal Poly Films Ltd, has announced that it has become the first player to launch Biaxially Oriented Polyamide (BOPA) Nylon films in India. JPFL Films Private Limited has invested Rs 120 crore at its state-of-the-art facility in Nasik.

This unveiling of BOPA Nylon Films is in line with the Government’s ‘Make in India’ initiative and a strategic move to bolster the company’s growth. This new product launch mirrors the company’s commitment to infuse technological advancement and innovation in manufacturing processes, enhance quality, optimize costs and ensure enhanced customer satisfaction. This investment also re-iterates the strong commitment of the company to the Indian market.

Speaking on the launch, Dr Mahesh N Gopalasamudram, Deputy CEO (Growth Division), JPFL Films, “With the launch of BOPA Nylon Films, JPFL Films Private Limited has emerged as the first player to bring the innovation to the Indian market. This unique product offers improved mechanical properties and aroma barrier. This will also play a pivotal role in bringing solutions across pharma, medical, FMCG and food applications. It will be noteworthy to point out that 100% of these films were imported till recently.”

One of the main characteristics of this unique offering is its isotropicity (same set of characteristics or properties in all directions) produced in exclusive Japanese double bubble film technology that promises dimensional stability puncture resistant and homogeneity across the length and width of the product. In addition, the product is suitable for highspeed printing and serves as an effective barrier for aroma and gases. 

“BOPA films is also produced by our group company Jindal Nylon films in Italy. This experience will also help us in serving the Indian customers and bringing global innovation locally,” Dr Mahesh N Gopalasamudram added.

About Jindal Poly Films Ltd & BC Jindal Group -
Jindal Poly Films (JPFL) started the flexible packaging films business in 1996 and has grown into a >USD 500 million turnover company with 2500+ workforce. JPFL focuses on building trust with and creating value for all stakeholders through its scale, innovation, advanced technologies and cost efficiencies. The company has demonstrated growth via the execution of capital-intensive projects and multiple acquisitions. JPFL Films, a key subsidiary, is the largest flexible packaging films manufacturer in India and provides a one-stop solution to its customers across all segments. Its Nasik Plant is the world’s largest single location facility for the manufacturing of flexible packaging films. 

The US$ 2.5 billion BC Jindal Group is amongst India's leading business houses. Established in 1952, the group has a diverse workforce of more than 10,000 people across India, Europe, and the US. Key business verticals include flexible packaging films, energy generation and downstream steel products. The Group has a continuous growth agenda with a successful track-record of executing capital-intensive projects and multiple global acquisitions.

Neopac’s Stylo™ Bristle Tube combines precision application, practicality and sustainability for Manucurist’s on-the-go nail care solution.

Oberdiessbach, Switzerland – Neopac, a global provider of high-quality packaging and dosing applications for pharma, beauty and oral care, has collaborated with Manucurist, a French nail care brand known for its vegan and cruelty-free nail products. For the launch of its latest innovation – a nourishing nail pen called Concentré Perfecteur – Manucurist selected Neopac’s Stylo™ Bristle Tube, which combines precision, practicality and eco-conscious design for enhanced overall product appeal.

Tailored for on-the-go use, Manucurist’s Concentré Perfecteur provides a portable, precise solution for strengthening and nourishing nails. Its compact format fits effortlessly into a purse or pocket, and a user-friendly, brush-tip applicator ensures a targeted, waste-free application directly onto the nail and cuticle. This design not only ensures exact dispensing to reduce product waste, but also minimizes mess, making the application process clean and hassle-free.

Complementing this innovative product, Neopac’s Stylo™ Bristle Tube combines aesthetics and practicality. The solution features a sleek, modern look that enhances the premium appeal of Concentré Perfecteur. An ergonomic design ensures a comfortable grip, while the precision-oriented brush-tip applicator guarantees efficient, controlled product delivery. Beyond its functional advantages, the Stylo™ Bristle Tube stands out for its eco-conscious packaging: made from renewable sugarcane-derived materials, the tube carries a significantly reduced carbon footprint compared to conventional plastic-based alternatives. 

"Neopac’s Stylo™ Bristle Tube was the ideal choice for us, aligning with our sustainability values by reducing plastic use and incorporating renewable sugarcane materials with the goal of minimizing our ecological footprint," said Gaëlle Lebrat-Personnaz, Founder and CEO of Manucurist. "This partnership allows us to deliver a product that not only supports nail health, but also contributes to a more sustainable and responsible beauty industry.”

Neopac’s latest collaboration underscores its broader commitment to creating sustainable packaging solutions that resonate with environmentally-conscious brands and consumers. The company has continually advanced its portfolio with compelling designs that cater to the clean beauty movement, providing high-performance, eco-friendly options for various applications.
 

About Neopac
Neopac is part of the privately-owned Hoffmann Neopac Group, headquartered in Thun, Switzerland. The group produces high-quality metal and plastic packaging in six locations: HOFFMANN tins in Thun and Holland; Polyfoil® and plastic tubes with NEOPAC in Switzerland, Hungary,  the US and in India. Its longstanding customers include pharmaceutical, cosmetics and consumer goods manufacturers in the European, North American and Asian markets. 

Hoffmann Neopac employs around 1,200 employees and has a capacity of 1.3 billion tubes. The company is dedicated to sustainability in both its manufacturing processes with renewable electricity and corporate culture, including a dedicated eco-conscious packaging portfolio.
 

Saffola Oats, India’s No 1 Oats Brand*, further innovates to create a powerpack Masaledaar snack which delivers masaledaar taste, but no time waste

Marico, one of India’s leading FMCG companies, is set to redefine the convenience in the Oats category with the launch of Saffola Cuppa Oats—a delicious, nutritious, and hassle-free snack tailored for today’s fast-moving consumers.

Saffola Cuppa Oats, ready in 4 minutes by just adding boiling hot water, will be available in two flavours - Magic Masala and Spicy Mexicana, along with a delightful blend of oats, millets & crunchy multigrain bites. Not only does the product guarantee a masaledaar flavour with crunchy bites but also is high in fiber and acts as a source of protein. True to Saffola's 'No Nasties' promise, the product is crafted as NO Maida, No artificial flavours, No colours, No preservatives, and No palm oil, making it a better-for-you snack without compromising on taste. 

Designed for minimal effort and maximum flavour, it ensures that new-age consumers that comprises of working professionals, young adults and students can enjoy a delicious snack without hampering their schedules. Whether it’s a rushed morning, a midday boost, or a late-night craving, Saffola Cuppa Oats delivers a seamless and satisfying experience, combining taste, nutrition, and ease of preparation in just four minutes, delivering on its promise of ‘Masaledaar taste, no time waste’.

Saffola Cuppa Oats will be currently available in leading retail stores and quick-commerce platforms, making it the perfect go-to snack for modern consumers.

Introducing Saffola Cuppa Oats, Nilanjan Roy Choudhury, Business Head – Foods Business at Marico Ltd shared insights on the launch, “At Marico, we are committed to continuous innovation that meets the evolving health needs of our consumers. We recognised that modern consumers crave for a snack that delivers flavour and nutrition without compromising on the chores of their busy life. To bridge this gap, we curated Saffola Cuppa Oats, a category-redefining easy-cook oats offering a quick, tasty, and nutritious mess-free snack that fuels their ambitions and effortlessly fits into their dynamic lifestyles. This unique product represents a fusion of modern convenience and wholegrain goodness, designed for today’s fast-moving world.”
About Marico Limited
Marico (BSE: 531642, NSE: "MARICO") is one of India's leading consumer goods companies operating in the global beauty and wellness categories. In FY 2023-24, Marico recorded a turnover of USD 1.2 billion through its products sold in India and chosen markets in Asia and Africa.
Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs, True Elements and Plix. The international consumer products portfolio contributes to about 26% of the Group’s revenue, with brands like Parachute, Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat and Isoplus.
*Based on Kantar Household Panel data. For more details please visit https://saffola.marico.in/
; www.marico.com
 

All set to drive innovation in RFID, intelligent labeling, and digital solutions to transform retail and supply chain efficiency.

Avery Dennison, a global leader in materials science and digital identification solutions, is set to showcase its latest innovations at RLS in Mumbai. The company will set up an interactive booth, offering visitors a firsthand experience of its cutting-edge digital identification and smart labeling solutions designed to drive digital transformation, operational excellence, and sustainability across industries.
At Retail Leadership Summit 2025, Avery Dennison will engage with key stakeholders in the retail sector, showcasing its next-generation retail solutions that enhance inventory accuracy, streamline operations, and elevate customer engagement. From RFID-based inventory management to digital product authentication, Avery Dennison’s solutions are helping retailers unlock new efficiencies and meet evolving consumer expectations in an omnichannel world.
"As the retail industry rapidly transforms, embracing smart technologies is key to staying ahead. At Avery Dennison India, we are driving this shift with our advanced RFID and digital identification solutions, enabling retailers to enhance efficiency, optimize inventory, and deliver seamless customer experiences. The Retail Leadership Summit is an ideal platform for us to connect with industry leaders and showcase how our innovations are shaping the future of retail,” said Saurabh Agarwal, Vice President & General Manager, Avery Dennison, South Asia.
“Retail today is undergoing a massive transformation, and technology is at the heart of this change. From enabling seamless omnichannel experiences to improving supply chain visibility, Avery Dennison’s solutions are designed to empower retailers with real-time data and insights. At the Retail Leadership Summit, we look forward to engaging with industry leaders and showcasing how our smart solutions can redefine the future of retail,” said Bhavprita Harshawardhan, Director, Digital Solutions, Avery Dennison India.
Through its presence at the Retail Leadership Summit 2025, Avery Dennison reaffirms its dedication to driving innovation, sustainability, and digital transformation across industries. Attendees can visit the Avery Dennison booth numbers B10 and B5 to explore live demonstrations and interact with experts.
About Avery Dennison
Avery Dennison is a global materials science and digital identification solutions company. It provides innovative solutions for branding, packaging, and supply chain optimization, focusing on sustainability, circularity, and transparency. With a presence in over 50 countries and a commitment to reducing waste and advancing technology, Avery Dennison connects brands and consumers while addressing the challenges of future generations.
 

Q3 FY25 highlights (standalone)

❖ 64,984 MTPA sales volume during the quarter.

❖ Net revenue of Rs. 19,549 million.

❖ EBITDA of Rs. 2,538 million.

❖ EBITDA margin at 13.0%.

❖ PAT of Rs. 577 million.

❖ PAT margin at 3.0%.

9M FY25 highlights (standalone)

❖ 197,561 MTPA sales volume.

❖ Net revenue of Rs. 57,979 million.

❖ EBITDA of Rs. 6,922 million.

❖ EBITDA margin at 11.9%.

❖ PAT of Rs. 1,432 million.

❖ PAT margin at 2.5%.

STIMULATING PERFORMANCE: PACKAGING FILMS REMAIN A LEADING EDGE

UFlex Limited (BSE: 500148, NSE: UFLEX), India’s largest integrated flexible packaging and solutions company, reported third-quarter fiscal 2025 unaudited consolidated net revenue of Rs. 37,742 million. Normalized EBITDA for the quarter was Rs. 5,207 million and normalized EBITDA margin was at 13.8%. Profit before exceptional items and tax for the quarter was Rs. 1,473 million.

The Board of Directors, in its meeting held today, has approved and taken on record the unaudited consolidated financial results of UFlex Limited and its subsidiaries for the quarter and nine months ended December 31, 2024

Q3FY25: Better Asset Utilisation, Portfolio Mix, Forex Boost Profitability

Building on the solid foundation laid in the first half of FY25, the third quarter has further demonstrated the sustainability and inherent strength of UFlex’s business model, delivering a solid performance during this period. The capacity utilisation in Packaging films increased by 10.9% YoY and 12.9% QoQ in Q3 FY25. Profit after tax (PAT) benefited by currency translation gain of Rs 257 million in Q3 FY25, compared to an exceptional currency translation loss of Rs 1,001 million in Q3 FY24.

Consolidated sales volume grew by 6.3% YoY in Q3 FY25, driven by healthy performance in the packaging films and packaging segment. Total sales volume in Q3 FY25 was 157,036 MT, consisting of 78.5% packaging films and 21.5% packaging. Total revenues increased by 12.8% YoY to Rs. 37,742 million in Q3 FY25, up from Rs. 33,454 million in Q3 FY24. Normalized EBITDA increased by 18.8% QoQ and 22.3% YoY basis to Rs. 5,207 million in Q3 FY25 compared to Rs. 4,258 million in Q3 FY24. Normalized EBITDA margin expanded by 250 bps QoQ and 110 bps YoY to 13.8% in Q3 FY25 from 12.7% in Q3 FY24.

In FY25 YTD, our consolidated sales volume grew by 9.2% YoY to 482,352 MT, up from 441,769 MT in FY24 YTD. The sales volume consisted of 78% packaging films and 22% packaging business. Total revenues increased by 13.0% YoY to Rs. 113,100 million, up from Rs. 100,131 million in FY24 YTD. Normalized EBITDA increased by 23.3% YoY basis to Rs. 14,242 million compared to Rs. 11,553 million in FY24 YTD. Normalized EBITDA margin expanded by 110 bps YoY to 12.6% from 11.5% in FY24 YTD.

In Q3 FY25, revenue from operations accounted for 99% of total income, with India contributing the largest share at 46%. The Middle East & Africa and Europe contributed 16.2% and 16.5% respectively, while the Americas contributed 18.4%. The remaining 1.8% came from other regions, reflecting a well-diversified revenue mix across key global markets.

Overall, the quarter reflects the company’s ability to drive growth across key segments while optimizing capacity utilization to strengthen sales, increase profitability, and expand operating margins.

The quarter saw a resurgence in food inflation in India, pushing the CPI (Consumer Price Index, source: MOSPI, GOI) to a 10-month high of 6.21% in October 2024, while the CFPI (Consumer Food Price Index, source: MOSPI, GOI) peaked at 10.87%. Since then, inflation has moderated, with the CFPI easing to 8.39% and the CPI dropping to 5.22% by December 2024. However, the combined impact of softening Industrial Production (IIP), weakened Private Final Consumption Expenditure (PFCE), and persistent inflationary pressures have strained household disposable income and consequential spending. This has dampened consumer sentiment, moderated demand, and reduced consumer spending in the FMCG (Fast-Moving Consumer Goods) and Food & Beverage (F&B) segments. The Indian FMCG sector has faced sluggish urban growth over the past three quarters due to high food inflation and living costs, while rural markets continued to outpace urban demand consistently in the last four quarters.

The Indian FMCG sector has faced sluggish urban growth over the past three quarters due to high food inflation and living costs, while rural markets continued to outpace urban demand consistently in the last four quarters.

UFlex remains optimistic about a revival in FMCG consumption growth, driven by higher household disposable income resulting from significant tax reliefs and rural development investments outlined in the FY26 Budget. By emphasizing rural infrastructure, manufacturing, and consumer spending, the three key drivers of the FMCG sector, the GOI budget aims to foster long-term and sustainable growth.

The expected rise in FMCG consumption, particularly for packaged products, will increase demand for flexible packaging SKUs (stock keeping units) essential for FMCG products storage. Consequently, the growing need for flexible packaging will further drive demand for key raw materials such as packaging films, inks, adhesives, printing cylinders, packaging machines, and holography. This cascading effect will spur growth across the entire packaging value chain landscape.

The expected rise in FMCG consumption, particularly for packaged products, will increase demand for flexible packaging SKUs (stock keeping units) essential for FMCG products storage. Consequently, the growing need for flexible packaging will further drive demand for key raw materials such as packaging films, inks, adhesives, printing cylinders, packaging machines, and holography. This cascading effect will spur growth across the entire packaging value chain landscape.

Consolidated sales volume grew by 6.3% YoY in Q3 FY25, driven by healthy performance in the packaging films and packaging segment. Total sales volume in Q3 FY25 was 157,036 MT, consisting of 78.5% packaging films and 21.5% packaging. Total revenues increased by 12.8% YoY to Rs. 37,742 million in Q3 FY25, up from Rs. 33,454 million in Q3 FY24. Normalized EBITDA increased by 18.8% QoQ and 22.3% YoY basis to Rs. 5,207 million in Q3 FY25 compared to Rs. 4,258 million in Q3 FY24. Normalized EBITDA margin expanded by 250 bps QoQ and 110 bps YoY to 13.8% in Q3 FY25 from 12.7% in Q3 FY24.

In FY25 YTD, our consolidated sales volume grew by 9.2% YoY to 482,352 MT, up from 441,769 MT in FY24 YTD. The sales volume consisted of 78% packaging films and 22% packaging business. Total revenues increased by 13.0% YoY to Rs. 113,100 million, up from Rs. 100,131 million in FY24 YTD. Normalized EBITDA increased by 23.3% YoY basis to Rs. 14,242 million compared to Rs. 11,553 million in FY24 YTD. Normalized EBITDA margin expanded by 110 bps YoY to 12.6% from 11.5% in FY24 YTD.

In Q3 FY25, revenue from operations accounted for 99% of total income, with India contributing the largest share at 46%. The Middle East & Africa and Europe contributed 16.2% and 16.5% respectively, while the Americas contributed 18.4%. The remaining 1.8% came from other regions, reflecting a well-diversified revenue mix across key global markets.

Overall, the quarter reflects the company’s ability to drive growth across key segments while optimizing capacity utilization to strengthen sales, increase profitability, and expand operating margins.The expected rise in FMCG consumption, particularly for packaged products, will increase demand for flexible packaging SKUs (stock keeping units) essential for FMCG products storage. Consequently, the growing need for flexible packaging will further drive demand for key raw materials such as packaging films, inks, adhesives, printing cylinders, packaging machines, and holography. This cascading effect will spur growth across the entire packaging value chain landscape.

Moreover, The RBI has reduced the benchmark repo rate by 25 basis points (bps) to 6.25% from 6.5%. This was the first reduction in repo rate in nearly five years. A repo rate cut is generally pro-growth, encouraging borrowings, investment and consumer spending. Banks can borrow at a cheaper rate, leading to lower interest rates on loans for businesses and individuals. Cheaper borrowings will further boost economic activity with strong fiscal encouragement f or private investments, resulting in higher disposable income and C