In january 2022 we presented our Income Statement accumulated for the fourth quarter of 2021
EBITDA reached $76,406 million, doubling the 2020 result. Net Income ends at $57,407 million, 3.8 times the previous year's result.
Solid financial situation reflected in a low level of net indebtedness, closing with a ratio of 0.15 times EBITDA, after making capital investments of more than $38 billion in the new EKO®PET plant and guaranteeing the working capital required by the recovery of sales and the increase in international prices.
Construction of the new EKO®PET plant is progressing according to schedule and budget. Equipment assembly will begin in the coming months, with a view to starting 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…