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Fitch gives Polyplex A-(tha)
Fitch Ratings said it assigned Polyplex (Thailand) PCL a national long-term rating of A-(tha).
The outlook is stable.
The agency said the rating reflects the company’s leading position in the polyester film business, with production capacity that matches those of global producers.
“The company is geographically diversified, which enhances its competitiveness and market position,” Fitch said in a news release.
“This is counterbalanced by the inherent volatility of the sector in which PTL operates.”
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