Credit rating agency, CARE has reaffirmed ‘BBB+’ rating to long-term bank facilities of Camlin Fine Sciences worth Rs 54.61 crore. The rating agency has also reaffirmed ‘A2’ rating to the company’s short-term bank facilities.
The ratings continue to derive strength from the company’s dominant position as the largest global manufacturer of the food anti-oxidants, professionally qualified and experienced management, technical expertise and focus on the Research and Development (R&D).
Camlin Fine Chemicals is the world's second largest manufacturer and marketer of food grade antioxidants TBHQ and BHA.
