For Enka de Colombia S.A. It has been a constant to maintain its processes at the highest technological level available. By
The quarterly results for 2020-Q3 show a strong recovert, with volumes similar to those of 2019-Q3 and an ebitda similar to those of 2019-Q3 and an ebitda higher by 4%.
The accumulated result presents an ebitda of $23,828 million (9.4% of sales) and a net profit of $2,206 million, managing to offset a negative accounting effect due to exchange difference of -$6,835 million.
The strengthening of the operating cash flow made it possible to pay in advance all the short-term financial obligations contracted to face the pandemic, reducing the debt ratio to 0.2x ebitda, lower than the end of 2019 (1.3x).
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…