In may 2022 we presented our Income Statement accumulated for the first quarter of 2022
EBITDA for the period reached $17,138 million, similar to 2021-Q1, and net income grew 9% to $13,793 million.
Executed investments in the new EKO(R)PET plant project amounted to $59,625 million, progressing under the estimated schedules and budgets. Net debt levels ended at 0.6 times ebitda.
Dow and Enka sign alliance to create more sustainable packaging transforming the industry towards circular economy
In line with their sustainability strategy, Dow and Enka signed a three-year supply agreement that will allow them to continue advancing in the production of more sustainable packaging in the country with the manufacture of REVOLOOPTM recycled high-density polyethylene resin, suitable for flexible packaging. This product allows both companies to offer a circular solution for…
Enka launches its new bottle-to-bottle PET recycling plant, positioning as one of the five largest in the world.
Enka launches its new US$40 million bottle-to-bottle recycling plant for the production of EKO®PET resin.The plant, which is located near Medellín Colombia, will allow the company to double collection levels from 3 to 6 million PET bottles per day.With the operation of this new plant, 70% of the company's products will be made from recycled…
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