In october 2021 we presented our Earnings Report accumulated for the third quarter of 2021
Enka continues the positive trend in its results with an ebitda of $61,374 million and a net profit of $42,455 million, favored by the management in the acquisition and supply of raw materials in the face of severe shortages, the recovery in sales, the situation of high prices and international freight and the devaluation of the colombian peso.
The liquidity position ($44,583 million) and the net debt (0.1x ebitda) continue in optimal conditions, even with capital investments in 2021 of more than $32,000 millions.
The construction of the new PET Bottle-to-Bottle recycling plant, which will double the installed capacity, progresses smoothly with investments of $29,737 million (27% of the total) and operations are expected to begin at 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…