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ICRA assigns ‘BBB+’ rating for long term debt programme of Kothari Petrochemicals

18 Feb 2012

Kothari Petrochemicals has received the credit rating certificate from the credit rating agency, ICRA for its debt borrowing programme. ICRA has assigned ‘BBB+’ rating for long term debt programme of Kothari Petrochemicals. The agency has also assigned ‘A2’ rating to the short term debt programme of the company.

Kothari Petrochemicals is a part of the renowned HC Kothari Group, the largest producer of premium quality polybutene in India. KVIS is the trade name of polybutene produced by Kothari Petrochemicals.

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