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Flex Industries turns around in 4QFY00

May 2, 2000

Flex Industries Limited has posted a net profit of Rs 6 m during the quarter ended 31st march 2000. The company has benefited largely from improved margins and other income.

Consolidation in the polyester film sector

Oct 25, 1999

According to newspaper reports, Flex Industries and Polyplex Corporation are merging their polyester film businesses. The merged entity will be the largest producer of polyester film in India and the fifth largest in the world. The merged company has been christened United Film Technologies and will have a total capacity of 39,000 tonnes per annum.

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