In April 2021 we presented our Earnings Report accumulated for the first quarter of 2021
Ebitda continued to improve, ending 2021-Q1 at $ 17,014 million and an ebitda margin of 15.0%, historically high levels.
Net income ends at $ 12,608 million, due to the good operating result, optimization of financial costs and less impact of the exchange difference.
The good results allowed maintaining a negative debt ratio of -0.2x ebitda, even with investments for the new plant close to $ 11,000 million and higher working capital needs due to higher sales levels.
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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