Enka de Colombia SA. Stock Analysis ENKA.BC

Enka de Colombia SA engages in the production of polymers, polyamide and polyester synthetic fibers, which are used in the textile, tire, and plastic industries. The company is headquartered in Medellin, Antioquia. The firm's activities include the production, distribution and sale of chemical polymers and fibers, as well as industrial raw materials in the form of resins, textiles, filaments, tire cord and synthetic and artificial polyamide and polyester yarns. The firm's products are used to manufacture bottles, yarns, nonwoven fabrics, fiber fills, fishing nets, conveyor belts, tents, fabrics, ribbons, labels, laces and tires, among others. The firm is also involved in the recycling of polyethylene terephthalate (PET) products under the Eko brand. The firm's manufacturing facilities are located in the municipality of Girardota, department of Antioquia. In January 2013, the Company established a new company, namely Eko Red SAS, engaged in the collection, processing and marketing of recycling products and industrial surpluses.