In july 2021 we presented our Earnings Report accumulated for the second quarter of 2021
Enka presents the best semi-annual results in its history, with an ebitda of $37,052 million and a net profit of $29,227 million, favored by the situation of high international prices and the devaluation of the colombian peso and the recovery of the sales of Textile and Industrial Business and EKO(R)Fibers.
These positive results strengthen its financial position at the end of the second quarter, with a negative debt ratio of -0.3x ebitda.
The contruction of the new PET Bottle-to-Bottle recycling plant, which will double our installed capacity is progressing smoothly with investments off $21,200 million (19% of the total) and it is expected to start operations by the end of 2022.
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…