With greater dedication and gratitude

2021 has been a year full of changes and surprises. Thanks to our long-term sustainability plan, and the experience of our work team, we have been able to handle it effectively to get closer to our goals.

The challenges have not been few. The European Union, our main market, is undergoing a transformation relating to new regulations on allowable maximum residue limits. New regulatory requirements as part of the “Farm to Fork” program has also introduced new challenges. All these bring changes to the way we produce and commercialize our bananas, as well as having a strong impact on costs and fruit loss.

Another important factor affecting our business was the abrupt cost increase of inputs such as fertilizer, agrochemicals, plastics, cardboard, and freight due to containers shortages and a breakdown of the global supply chain. These caused an increase and impact like we’ve never seen before. All of this was marked by an unexpected demand after the first year of pandemic and the re-opening of the different world economies.

Despite all these changes and challenges, our company has been able to weather the storm. We are thankful to our first-line suppliers, who have remained with us even during these difficult times. Their support has enabled us to meet our commitments to our strategic clients, and for that, we are grateful.

Reybanpac also had good news in 2021. We obtained the carbon neutral certification for our banana production and we were recognized as the Best Large Exporting Company of traditional products by the Ecuadorian Federation of Exporters. These two milestones reflect the dedication, responsibility and passion of our work.

Now that we are nearing 2022, we want to reiterate our commitment to sustainable development. We will continue to invest in and grow local infrastructure thanks to our expansion into high-value markets. We will continue to invest in technology that allows us to be even more efficient and productive. The training of our collaborators is an unstoppable process of continuous improvement. We will continue to strengthen the close relationships with our strategic clients and add value to our product.

Our clients and our own people are Reybanpac's main motivation. We know that without them, our company could not exist. That is why we work to provide the best product and service. Through this determination, we add value for our clients and differentiate ourselves from the competition.

Likewise, we work to cultivate a great future for our team. Our people inspire us, because each of them seeks to be better at their job and provide a better life to their family. That is why Reybanpac is committed to giving them the tools and knowledge that allows them to work efficiently and effectively as a team.

Our company is a family that is permanently built with the effort of all our collaborators, and that is why I express my gratitude to all of them for making Reybanpac a company made up of hard-working, responsible and committed people.

To our customers and suppliers, I want to thank you for trusting us and I want to let you know that we appreciate your continued relationships even more during difficult times.

To the other members involved in the value chain, we thank you and invite you to continue growing with our business sustainability project.

To all a prosperous 2022.
Vicente Wong Naranjo, CEO.