Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Flowers world-over are blooming in Flexfresh by Uflex

Posted On: 2018-06-27 13:38:22

Flexfresh, the special patented film that Uflex Limited has developed comprising a proprietary polymeric formula elongating the shelf life of flowers is serving to be a boon for Flower Companies across the globe.

Flexfresh works on the principle of Active Modified Atmospheric Packaging (AMAP) and happens to be the first ever film for packing fresh produce that is bio-degradable by composting and complies with all international regulations for overall migration (EC 1935/2004), reach compliance (EC 1907/2006) and qualifies for biodegradation under DIN EN 13432 (2000-12). The packagingcan be industrially composted within 180 days.

Flexfresh works in conjunction with FastRespiration Meter andLaserPerforation systemsuppliedby Perfotec B.V. of The Netherlands. While the respiration meter ascertainstherespiration rateof the flowers, the laser system uses this information to adaptthe permeabilityof thepolymeric film with the help of perforationmatrix.

Waterless Internet Flower Packaging is becoming increasingly popular among global flower companies for the myriad benefits that it brings to the table.

Explaining the benefits and sustainability aspects of the award winning Waterless Internet Flower Packaging, Mr. Siva Shankaran Vice President, Flexfresh at Uflex Limited says, "The special proprietary polymeric substrateis the first biodegradable (by composting) filmthatmaintains thehydration offlowers during transpiration (evaporation causing loss of moisture during respiration) thus creating a closed loop system. Flowers are put to slow respiration mode by reducing the oxygen availability preventing excess oxidation and dehydration. The film keeps the flowers breathing in hydrated oxygen and releases excess humidity keeping them touch dry. The flowers thus can go without water for a significant number of days as the humidity is fed back in to them as they continue to breathe in the modified atmosphere.

This solution enables to hold flowers intact at the destination anywhere between 10-15 days as per the supply chain requirements against the normal shelf-life of 4-5 days offered by conventional packaging. This in turn enables florists and retailers to plan and store large inventory for festive rush. This development is a major shot in the arm for Ecommerce companies and Retailers bringing enormous savings.

We are visualizing an instore display without water and web shops that can offer preformed flower bouquets by post parcel without having to worry about poor quality on arrival. This packaging solution completely alleviates the use of millions of gallons of water from the flower supply chain currently used thereby making it one of the most sustainable packaging solutions. Solutions entailing e-commerce packaging are proving to be as challenging today as were our first efforts around defining the sustainable packaging at the turn of this century. Just as we learned then that there is no such thing as 'the most sustainable package', we are learning today that there are many areas of focus that can lead to a more efficient, cost-effective and environmentally responsible ecommerce packaging solutions perfectly echoing the ethos of a brand that consumers rightly expect. While designing Waterless Internet Flower Packaging this was the axiom that we adhered to.

Internationally, all flowers are transported using expensive Air Freight from Growing Region to the Markets. The typical supply chain is Grower, Auction House, Wholesaler, Retailer/ Florist and finally the Consumer, which is now possible through offering ECommerce platform to connect the Growers/ Brand Owners directly to the Consumers. It is now possible to ship flowers through post parcel as the package does not have any water, eliminating the possibility of cross contamination with other courier goods."

Mr. Siva Shankaran further adds, "One of the significant savings that accrues is the fact that nearly 2.7 times more material can be carried per truck, since water is completely eliminated if the transportation is done from Grower to the Retailer using Sea Freight. Similar savings are also possible while transportation is done from Auction house to Retailers. To address the market requirements, Uflex and Perfotec offer solutions both for E-Commerce/ Retail Packaging (through flow wrap packing) and Bulk liners for sea freighting of flowers from grower to the market.

Since the freshness of the Fresh Cut Flower is indicated by its water content, with least weight loss and lower oxidation, the flowers look much fresher and more appealing to the consumers. The overall consumer complaints have actually reduced by 90% regarding freshness of the flowers.

These benefits accrue to the consumers in terms of costs with freshest flowers having longer vase life enhancing the overall value proposition. This is where Flexfresh does the trick.

Further, the liner bags made of translucent film of special patented polymeric composition allow visibility to the brands of the florists.

Particularly noteworthy is the fact that it is also possible to bring flowers straight from Harvest to market by economic Sea freight. This results in significant carbon footprint reduction and also enables longer storage between 30-40 days from the time of harvest."; expounds Mr. Siva Shankaran.

Shares of UFLEX LTD. was last trading in BSE at Rs.267.9 as compared to the previous close of Rs. 275.25. The total number of shares traded during the day was 18658 in over 765 trades.

The stock hit an intraday high of Rs. 273.15 and intraday low of 265.15. The net turnover during the day was Rs. 5004544.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Cigniti Technologies Ltd reports PAT of Rs. 49.52 crores in Q2 FY19

BLS International Services Ltd consolidated PAT up at Rs. 32.99 crores in Q2 FY19

COAL India Ltd consolidated net profit in Q2 jumps to Rs. 3084.70 crores

IZMO Ltd consolidated Q2 net profit falls to Rs. 1.78 crore

NALCO Q2 PAT jumps to Rs. 510 crores

Jindal Poly Films Ltd reports loss of Rs. 10.65 crores in Q2 FY19

Vindhya Telelinks Ltd Q2 FY19 PAT zooms to Rs. 55.74 crores

Hitech corporation Ltd Q2 net profit surges to Rs. 3.29 crores

Frontline Securities Ltd reports PAT of Rs. 1.45 crore

NACL Industries Ltd Q2 net profit lower at Rs. 5.30 crores

Bannari Amman Spinning Mills Ltd Q2 PAT climbs to Rs. 7.18 crores

Artemis Global Life Sciences Ltd reports H1 FY2019 PAT of Rs. 10 crores

Kanco Tea & Industries Ltd Q2 PAT at Rs. 7.74 crores

Permanent Magnets Ltd Q2 PAT surges to Rs. 3.45 crores

Brigade Enterprises Ltd Q2 FY19 PAT rises

Century Extrusions Ltd reports net profit in Q2 FY19

Syschem India Ltd continues to post profit in Q2 FY19

MMTC Ltd Q2 PAT jumps to Rs. 31.68 crores

Cravatex Ltd reports higher Q2 net profit of Rs. 0.75 crore

Balmer Lawrie & Co. Ltd. Q2 net profit increases to Rs. 34.42 crores

Chennai Meenakshi Multispeciality Hospital Ltd Q2 net profit drops to Rs. 0.18 crore

Roto Pumps Ltd Q2 PAT up at Rs. 2.87 crores

CSL Finance Ltd Q2 net profit higher at Rs. 5.89 crores

Rathi Bars Ltd posts PAT of Rs. 1.13 crore in Q2

Hercules Hoists Ltd Q2 net profit vaults to Rs. 5.88 crores

Loyal Textile Mills Ltd Q2 net profit zooms to Rs. 9.02 crores

Mauria Udyog Ltd reports Q2 FY19 PAT of Rs. 2.47 crores

Ravileela Granites Ltd Q2 PAT slides to Rs. 0.48 crore

Hindustan Wires Ltd reports PAT of Rs. 38.10 crores on exceptional item

OIL India Ltd Q2 PAT climbs to Rs. 862.01 crores

National Plywood Industries Ltd reports net profit of Rs. 0.20 crore in Q2

Tasty Bite Eatables Ltd Q2 net profit rises to Rs. 9.32 crores

Gulf Oil Lubricants India Ltd Q2 net profit down to Rs. 40.29 crores

Nitin Castings Ltd Q2 net profit up at Rs. 0.64 crore

Nahar Spinning Mills Ltd Q2 PAT at Rs. 25.58 crores

JK Paper Ltd Q2 FY19 PAT soars to Rs. 109.57 crores

Jyoti Ltd reports net profit of Rs. 1.33 crore in Q2

USHA Martin Ltd consolidated Q2 net profit rises to Rs. 25.27 crores

Shriram EPC Ltd Q2 PAT higher at Rs. 20.54 crores

Uttam Sugar Mills Ltd Q2 loss at Rs. 24.40 crores

Virinchi Ltd Q2 consolidated PAT surges to Rs. 16.63 crores

Suryaamba Spinning Mills Ltd Q2 net profit marginally higher at Rs. 0.77 crore

Laurel Organics Ltd Q2 FY19 net profit at Rs. 1.55 crore

Godrej Industries Ltd reports consolidated net profit of Rs. 189.54 crores in Q2 FY19

Sunflag Iron & Steel Company Ltd Q2 FY19 net profit climbs to Rs. 36.87 crores

Nahar Polyfilms Ltd Q2 net profit declines to Rs. 1.85 crore

Star Cement Ltd Q2 consolidated PAT up at Rs. 38.17 crores

Apex Frozen Foods Ltd Q2 PAT lower at Rs. 19.83 crores

UCO Bank Ltd reports loss of Rs. 1136.44 crores in Q2

Almondz Global Securities Ltd consolidated Q2 net profit up at Rs. 1.68 crore







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018