Tag: Anantshree Chaturvedi
UFlex shines at IFCA Star Awards 2024
UFlex focus on innovation and customer-centricity at drupa
A race for survival, not just profits: Anantshree Chaturvedi
Flex Films launches F-UHB-M – a metallic polyester ultra-high barrier film
Uflex initiates Project Plastic Fix
FlexFilms’ Asclepius – Certified 90% PCR content BOPET films
Viability is key to the Uflex investment strategy
Packaging South Asia’s Harish Penumarthi recently spoke with Anantshree Chaturvedi, vice chairman and chief executive officer, Flex Films International at the company’s
Flex Films’ Poland plant could see capacity expansion
Anantshree Chaturvedi, vice chairman and chief executive officer, Flex Films International believes the industry is headed for consolidation beginning 2018-2019. “When the going was good it did not matter but now that the market conditions are unfavorable, the return they [new players] got back then is not there anymore. As time goes by and low price conditions continue, the companies whose core business is not films will eventually look to consolidate. We are definitely headed towards that. I thought this would have happened a couple of years earlier,” said Chaturvedi while talking with Packaging South Asia at Flex Film’s stand in interpack 2017. He added that manufacturers still adding lines in places like India, Pakistan, Southeast Asia and even in the US despite the low prevailing prices and the existence of so much capacity is just not viable.