Credit rating agency, Brickwork Ratings India has assigned the ratings to the bank facilities of Amines & Plasticizers amounting to Rs 83.76 crore. The credit rating agency has assigned ‘BBB-’ with stable outlook to the Long-term Facilities (Term Loan and Fund Based) while the Short-term Facilities (Non-Fund Based) has been assigned ‘A3’ rating.
Amines and Plasticizers (APL) is a global supplier of organic chemicals used in Oil Refineries, Natural Gas Plants, Ammonia Plants, Petrochemical Plants, Pharmaceuticals, Agrochemicals etc.