UFlex Joins ‘Alliance to End Plastic Waste’ as a Major Step Towards Circular Economy
- 21-Sep-2021 6:00 PM
- Journalist: S. Jayavikraman
In order to strengthen its position as a major polymer player supporting circular economy, UFlex which is India’s largest flexible packaging company and a global leader in polymer sciences has joined the ‘Alliance to End Plastic Waste’ which is a global non-profit organization having a mission to eliminate plastic waste.
UFlex being committed to tackle the problem of plastic waste and having expertise to derive solutions and technologies which help in recovering post-consumer plastic waste has found a membership berth with the alliance based on its goal towards a circular economy.
With this affiliation, UFlex has aims towards contributing and guiding the alliance and its members about sustainability practices which the company has been following for years in order to mitigate plastic waste related issues. In the upcoming time with the alliance the company also aims to globalizing these practices and also learn and implement universally accepted practices. Having support from the alliance, the company is also intending to promote and drive sustainable actions within regions where the company has operations as a packaging company.
The ‘Alliance to End Plastic Waste’ found in 2019 and the alliance has presently convened a global network of corporations, project partners, and supporters across the plastic value chain. The Alliance undertakes joint initiatives with member organizations across the world to minimize and manage plastic waste in the environment.
UFlex is India’s largest multinational company in flexible packaging materials and solutions. The company was established in 1985, since then it has grown to become a $1 billion entity. The company has presence across all verticals of the packaging value chain including flexible packaging, packaging films, aseptic liquid packaging, holography, cylinders, chemicals etc. The company has a cumulative production capacity of around 1.35 million tonnes per annum.