Credit rating agency, ICRA has assigned a long-term rating of ‘BBB’ to long term bank facilities worth Rs 89.39 crore of KG Petrochem and short term rating of ‘A3+’ for bank facility worth Rs 43.20 crore of the company.
KG Petrochem is engaged in the manufacture and marketing of HDPE/PP woven sacks that finds a wide range of industrial applications.