IPAK highlights export resilience, diversified sourcing

KARACHI: International Packaging Films Limited (IPAK), a listed manufacturer of flexible packaging films, outlined its export resilience and structured sourcing strategy during a corporate briefing with analysts and investors on Tuesday.

The company’s management emphasized that IPAK has developed a structured procurement framework designed to mitigate supply-chain disruption risks. While a significant share of its raw materials is currently sourced from the Middle East, the company maintains pre-approved alternative suppliers in China and other regions through established trading relationships.

Management said adequate safety stock levels are also maintained to cushion short-term disruptions, describing the approach as proactive and risk-managed.

On the demand front, exports remain central to IPAK’s business model. The company currently serves customers in 39 countries across the Middle East, Africa, Central Europe and North America. However, only about 23 percent of export volumes are directed to the Middle East, reflecting what management described as a geographically diversified revenue base.

Executives noted that export flows can be rebalanced across regions as market conditions evolve, providing flexibility amid shifting global demand patterns. Domestically, the company said local sales continue to provide a stable and structurally profitable foundation. This balance between domestic and international markets supports capacity utilization and earnings stability, management added.

Addressing industry-wide capacity expansions, IPAK stated that exports are an inherent component of the global flexible films industry. In segments such as BOPP and BOPET, capacity planning is typically undertaken with export allocations

in mind, allowing producers to optimize utilization rather than depend on a single market.

The company also disclosed that its CPP film operations are currently running near full capacity, supported by healthy demand. Any future expansion in this segment would be phased and driven by demand, with management reiterating that capital deployment would remain disciplined.

On competition, IPAK acknowledged the entry of new players into the sector but said its internal forecasts and market-share assumptions already account for anticipated industry developments. Management cited the company’s integrated multi-film platform and value-added capabilities as key differentiators in an increasingly competitive environment.

Overall, the briefing underscored a strategy focused on balancing domestic profitability with export-led scale, supported by diversified sourcing, operational buffers and structured capital planning. Management reaffirmed its commitment to sustainable growth, prudent risk management and long-term value creation for shareholders.

Copyright Business Recorder, 2026