August 01, 2014 10:02 AM ET

Chemicals

Company Overview of Polipropileno Del Caribe S.A.

Company Overview

Polipropileno Del Caribe S.A. manufactures and trades polypropylene resins. The company offers polypropylene compounds, masterbatches, and special additives, such as propylene reinforced with talc; propylene reinforced with glass fibers; propylene reinforced with calcium carbonate; additive masterbatches; white masterbatches; and homopolymers, random copolymers, and impact copolymers for various applications and industrial transforming processes. The company was founded in 1989 and is based in Bogota, Colombia. As of April 7, 2008, Polipropileno Del Caribe S.A. operates as a subsidiary of Ecopetrol SA.

Carrera 10

No. 28-49

27th Floor

Bogota,  

Colombia

Founded in 1989

Phone:

57 1 596 0220

Fax:

57 1 560 1593

Key Executives for Polipropileno Del Caribe S.A.

Polipropileno Del Caribe S.A. does not have any Key Executives recorded.

Polipropileno Del Caribe S.A. Key Developments

Propilco Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

Propilco reported unaudited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total sales of COP 362.6 billion against COP 319.8 billion a year ago. Operating profit was COP 8.9 billion against COP 8.8 billion a year ago. Profit before taxes was COP 17.8 billion against COP 15.7 billion a year ago. Net profit was COP 14.6 billion against COP 14.1 billion a year ago. EBITDA was COP 22.7 billion against COP 32.5 billion a year ago. For the year, the company reported total sales of COP 1,460.0 billion against COP 1,352.3 billion a year ago. Operating loss was COP 3.5 billion against operating profit of COP 25.0 billion a year ago. Profit before taxes was COP 22.5 billion against COP 52.2 billion a year ago. Net profit was COP 17.3 billion against COP 52.6 billion a year ago. EBITDA was COP 77.0 billion against COP 125.0 billion a year ago.

Propilco Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Propilco announced unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total sales of COP 408.5 billion against COP 349.2 billion a year ago. Operating profit was COP 6.6 billion against COP 15.6 billion a year ago. Profit before taxes was COP 8.4 billion against COP 22.4 billion a year ago. Net income was COP 7.8 billion against COP 23.5 billion a year ago. Total EBITDA was COP 23.7 billion against COP 38.9 billion a year ago. For the nine months, the company reported total sales of COP 1,097.4 billion against COP 1,032.5 billion a year ago. Operating loss was COP 12.4 billion against operating profit of COP 16.2 billion a year ago. Profit before taxes was COP 363.5 billion against COP 546.0 billion a year ago. Net income was COP 2.7 billion against COP 38.5 billion a year ago. Total EBITDA was COP 54.3 billion against COP 92.5 billion a year ago.

Polipropileno Del Caribe S.A. Reports Unaudited Earnings and Operating Results for the Fourth Quarter and Full Year Ended December 31, 2012

Polipropileno Del Caribe S.A. reported unaudited earnings and operating results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported total sales were COP 319.8 billion against COP 338.4 billion a year ago. Operating profit was COP 9.2 billion against loss of COP 4.2 billion a year ago. Profit before tax was COP 15.7 billion compared to COP 3.4 billion for the same period a year ago. Net income was COP 14.1 billion compared to COP 1.8 billion for the same period a year ago. Total EBITDA was COP 23.1 billion compared to COP 8.3 billion for the same period a year ago. For the year, the company reported total sales were COP 1,352.3 billion against COP 1,481.7 billion a year ago. Operating profit was COP 32.1 billion against COP 27.0 billion a year ago. Profit before tax was COP 52.2 billion compared to COP 38.3 billion for the same period a year ago. Net income was COP 52.6 billion compared to COP 31.8 billion for the same period a year ago. Total EBITDA was COP 85 billion compared to COP 77.9 billion for the same period a year ago. For the quarter, the company reported total sales volume was 106,779 tons against 98,043 tons a year ago. For the year, the company reported total sales volume was 429,748 tons against 389,726 tons a year ago.

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