The country’s largest multinational flexible packaging materials and solutions company developed the packaging alternative seeing the huge potential of packaged foods market in the country.
In a big boost to its commitment towards sustainability and circular economy, Uflex Limited has developed a customised formulation that renders barrier packaging for edible-oil re-processable. The country’s largest multinational flexible packaging materials and solutions company developed the packaging alternative seeing the huge potential of packaged foods market in the country.
“Edible oil needs to be carefully protected from oxygen that makes it rancid. Barrier properties in a coextruded film for edible-oil packaging are imparted by Nylon and/or EVOH. However, it is the presence of these two elements that makes the packaging of edible-oil non-reprocessable. We at Uflex have developed a specialized formulation that renders barrier packaging for edible-oil re-processable despite the presence of Nylon and/or EVOH,” said Jeevaraj Pillai Joint President, Packaging and New Product Development at Uflex while talking about this major breakthrough in promoting flexible packaging sustainability.
“Now the edible oil manufacturers need not worry and can easily fulfil their recyclability commitments by using barrier packaging having our formulation. According to data from market research firm Euromonitor International, the edible oil category, which had overtaken dairy to become the largest packaged food segment in our country a few years ago, grew at 25.6 percent to cross the Rs. 1.3 trillion mark in 2017. In fact, edible oil formed over 30 percent of the Rs 4.34 trillion packaged foods market in India. Thus the potential is huge and we are fully braced up to cater to the flexible packaging requirements of all edible-oil players in the country and overseas in a sustainable manner,” he said further.
“We accord prime importance to sustainable flexible packaging solutions and business processes. I am very glad to share that my R&D engineers have been able to develop a specialized formulation that renders barrier packaging for edible oil re-processable. Considering that edible oil category is the largest packaged food segment in our country, one can well imagine the massive global boost India as a Nation will get in terms of sustainability and promotion of circular economy if it is able to reprocess all the barrier packaging for edible oil. This is a great victory for Sustainability. This is a great victory for India.” said Ashok Chaturvedi, Chairman & Managing Director, Uflex Limited while Expressing joy over the development.