Arrow Coated inks pact with Finland's UPM Raflatac

New Delhi, Oct 14 (UNI) Arrow Coated Products Ltd today said it has entered into a Memorandum of Understanding (MoU) with Finland's UPM Raflatac for developing linerless self-adhesive materials.

''The company will earn royalties of three to five per cent from successful exploitation of its patent by UPM Raflatac,'' the company said in a statement.

UPM Raflatac, a leading manufacturer of self adhesive materials, has good relationships with label dispenser manufacturers.

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