Kemerovo Joint Stock Company Azot (KJSC Azot)
Website of the corporation: http://eng.azot.kuzbass.net/
JSC Azot was established resulting from the Novokemerovo Chemical Complex's reincorporation as an open joint-stock company in 1993. Today, Kemerovo JSC Azot is a vertically integrated complex of production units and a number of marketing, financial and transport entities to assist them. The Company is a major enterprise of the Russian chemical complex principally engaged in the production of ammonia, nitrogen fertilizers, and caprolactam. Kemerovo JSC Azot is among the Top 10 largest producers in the domestic nitrogen and nitrogen compound making industry and is firmly placed as the second largest producer of caprolactam in Russia (in particular, it accounts for more than 33% of the caprolactam and over 9.6% of the nitrogen fertilizers produced in Russia).
Rating Actions24.03.2015CJSC AK&M Rating Agency has withdrawn the national scale credit rating of Kemerovo JSC Azot ('A+', stable outlook) due to its expiration.
The rating, along with any information and conclusions provided in this press release, only conveys our creditworthiness opinion and shall no24.03.2014The 'A+' rating indicates that Kemerovo JSC Azot (Kemerovo Joint-Stock Company Azot) qualifies as a highly reliable borrower. Risk of a delay in meeting liabilities is insignificant.
We regard the continuing growth of the Company's assets, the high and well-structured equity capital, it13.02.2013KJSC Azot (Kemerovo Joint Stock Company Azot, tax number: 4205000908) qualifies as a highly reliable borrower. Risk of a delay in meeting liabilities is insignificant.
The rating of KJSC Azot is essentially supported by the continuing growth of the Company’s assets, the high profitability and