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Uflex’s arm incorporates step-down subsidiary in Azerbaijan

19 Mar 2025 Evaluate

Uflex’s wholly owned subsidiary -- Flex Middle East, FZE, Dubai, has incorporated a step-down subsidiary with the name FLEX FILMS AZB AFEZCO., in Azerbaijan on March 17, 2025 for setting up a facility for manufacturing Biaxially Oriented Polypropylene (BOPP) Packaging Film in Azerbaijan and sell in domestic market as well as other adjoining CIS and European countries.

Uflex is India's largest multinational flexible packaging materials and Solution Company and an leading global player on polymer sciences.


Peers
Company Name CMP
Uflex 644.20
EPL 236.80
AGI Greenpac 790.75
Huhtamaki India 230.90
TCPL Packaging 4030.00
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