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CRISIL assigns ‘BB/Stable’ and 'A4+' ratings to Amines & Plasticizers’ bank facilities

05 Sep 2013 Evaluate

Credit rating agency, CRISIL has assigned ‘BB/Stable’ rating to Amines & Plasticizers’ Long-term bank facilities. The rating agency has also assigned ‘A4+’ rating to the company’s Short-term bank facilities. Total bank loan facilities rated was worth Rs 75.00 crore.

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. APL has a dedicated team of engineers / chemists providing a range of Gas Treating Technologies / Services to Refineries, Natural Gas Plants, Ammonia Plants etc in India and overseas.

Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
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Pidilite Inds. 1470.00
Tata Chemicals 607.90
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