The first quarter of 2020 displays positive results, without mayor effects from COVID19. Nonetheless, the effects of the mandatory preventive lockdown will be observed on the second quarter due to lower sales and operation stops.
The EBITDA increased 79%, ending at $11,337 million, while the EBITDA Margin improved from 6.2% in Q1-2019 to 11.1% in Q1-2020.
Our market diversification strategy has led to expand the Company in the U.S. market (+33%), reaching a share in sales of 16%.
Revolutionizing the future of containers and packaging: Enka presents sustainable solutions to transform the industry at Colombiaplast 2024
Enka participates in the ColombiaPlast 2024 trade show with its portfolio of sustainable resins EKO®PET suitable for food contact approved by Invima, FDA and registered with the European Commission, and EKO®Polyolefins, completely closing the bottle cycle. The company has one of the largest bottle-to-bottle recycling plants in the world, where 6 million PET bottles are…
POSTOBÓN AND ENKA SIGN AGREEMENT FOR THE SUPPLY OF RECYCLED PET RESIN
In line with their sustainability and circularity strategies, Postobón and Enka signed a ten-year agreement for the supply of EKO®PET resin, made from recycled PET bottles, for the production of their new bottles. This alliance will strengthen the implementation of the circular economy in the country, closing the PET cycle, a 100% recyclable material that…
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