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%.
We obtained the NTC 6632 and UNE EN 15343 certification for our EKO®PET resins and recycled flakes
At Enka, we reaffirmed our commitment to sustainability and circular economy by obtaining two key certifications that guarantee the traceability of our recycled products: NTC 6632:2022 and UNE EN 15343:2008, an European standard and reference in the sector. These recognitions certify that our post-consumer recycled PET resins and flakes come from 100% recycled materials and…
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…
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