About Imaflex

Imaflex Inc., together with its subsidiary, engages in the manufacture and sale of products for the flexible packaging industry, including polyethylene film and bags, as well as the metallization of plastic film for the agriculture and packaging industries. The company's flexible packaging products are primarily used to protect and preserve and primarily include polyethylene (plastic) films and bags, and metalized films. Its polyethylene films are mainly sold to printers known as ‘converters’, who process the film into a finished product to meet their end-customer needs. Additionally, the company’s films are sold directly to customers to protect and market their own products or bought by distributors for re-sale. The company’s agricultural films are finished products, primarily sold directly to end-users by it. They are available in various formats and include both metalized and non-metalized films. Its portfolio includes common mulch and fumigant barrier films, which are also available in a compostable plastic, as well as crop protection films, that add pest/weed control and/or accelerated growth benefits beyond those provided by its common mulch films. The company would continue to build-out its agriculture business, driving awareness and exposure for its advanced crop protection products, particularly its unique film, Shine N’ Ripe XL and its patented film, ADVASEAL (under development). Shine N’ Ripe XL – Citrus Film Shine N’ Ripe XL is a heavy-duty, metalized mulch film designed specifically to fight citrus greening (HLB), a bacterial disease transmitted by the Asian Citrus Psyllid. ADVASEAL The original U.S. Environmental Protection Agency approved ADVASEAL (ADVASEAL HSM) contained only an herbicide for weed control. The new enhanced ADVASEAL, which is under development, also includes three fungicides and a nematicide to control soil borne pathogens, thus becoming a non-fumigant alternative for soil disinfestation. Growth Strategy The key elements of the company's strategy are to strengthen and grow the core; grow the agriculture business; maintain focus on research and development; and maintain efficiency of equipment. Seasonality Certain products made at the company’s Victoriaville and Thomasville facilities are subject to some seasonality due to the plant’s partial manufacturing focus on the production of agriculture film for fruit and vegetable growers. History Imaflex Inc. was founded in 1994.

Country
Industry:
Miscellaneous plastics products
Founded:
1994
IPO Date:
02/02/1999
ISIN Number:
I_CA4524352099
Address:
5710 Notre Dame Street West, Montreal, Quebec, H4C 1V2, Canada
Phone Number
514 935 5710

Key Executives

CEO:
Abbandonato, Joseph
CFO
Ripplinger, John
COO:
Data Unavailable