Browsing Tag
Boardmaster
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UFlex commissions Egypt printing lines for $126m plant as shares fall before Q2 results
UFlex has commissioned two Heidelberg Boardmaster printing systems at its $126 million aseptic packaging facility in Egypt, advancing preparations for commercial production. The plant will add 12 billion cartons of annual capacity when operational, but weaker recent aseptic packaging demand and the capital required for international expansion make utilisation and profitability decisive.