Indian packaging and converting giant Uflex, Ltd., has announced significant capital-expenditure plans for FY 2026.

Mexico: WPP plant with an annual production capacity of 80 million bags: To meet the rising demand for pet-food packaging, UFlex is establishing a woven polypropylene (WPP) bags manufacturing plant in Mexico. With an estimated capex of US$50 million, this will be the first WPP-packaging facility in Mexico, serving the high-growth North and South American pet-food market.

Also in Mexico: A new CPP line with a capacity of 18,000 tonnes/yr, and the coating line are expected to be commissioned in Q4 FY 2025. The total estimated capital expenditure for the project is US$33 million, of which US$32 million is already incurred.

India: PET, MLP recycling unit with an annual capacity of 39,600 tonnes: With increasing emphasis on sustainability and supportive legislation, UFlex plans to set up two recycling plants at a new facility in Noida to process 39,600 tonnes/yr of plastic bottle and mixed plastic (MLP) waste in India. The PCR PET-recycling plant will have a processing capacity of 36,000 tonnes/yr, and the MLP plant (above) will have a processing capacity of 3,600 tonnes/yr of plastic bottles.