MIRA
INFORM REPORT
|
Report Date : |
26.06.2007 |
IDENTIFICATION DETAILS
|
Name : |
RHODIA BRASIL LTDA |
|
|
|
|
Registered Office : |
Av. Maria Coelho de Aguiar, 215 – Bloco B-1º andar 05804-902 – São
Paulo/SP |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
December 19, 1919 |
|
|
|
|
Com. Reg. No.: |
35.214.947.121 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Chemicals products |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Company name
RHODIA BRASIL LTDA
Trade Name
RHODIA
Address
Av. Maria Coelho de Aguiar, 215 – Bloco B-1º
andar
05804-902 – São Paulo/SP - Brasil
Phone: (55-11)
3741-7505 / 8727
Fax: (55-11)
5548-1805 / 3741-7982
E-mail: leila.silva@br.rhodia.com
Web Site: www.rhodia.com.br
Legal information
Legal Status: Private Limited Company
Incorporation date: December 19, 1919
Register number: 35.214.947.121
Tax contributor (CNPJ): 57.507.626/0001-06
Registered capital: R$312.790.588,00
State Registration N#: 100.050.913.119
Number of employees: 3.046
Branches: 53
Cities: Americana, Belo Horizonte, Blumenau, Bauru, Brasília, Cubatão, Camaçari, Cabo de Santo Agostinho, Curitiba, Fortaleza, Itanhaem, Jacareí, Juiz de Fora, Porto Alegre, Paulínia, Portão, Recife, Rafard, Rio de Janeiro, Ribeirão Preto e Santo André
Factories
(Chemicals Division):
Fazenda
13140-000 – Paulínia/SP – Brasil
Phone: (55-19)
3874-8000
Fax: (55-19)
3874-8182
History
Established on December 19, 1919, chartered at the State Commerce Registration Office of São Paulo (JUCESP) under # 35.214.947.121, as Rhodia Indústrias Químicas e Têxteis S/A. On February 14, 1978 the company changed into Rhodia S/A. On December 13, 1997 the subject adopted the present registered name.
“Rhodia, world company of chemistry of
specialties, with presence in
It develops products for the sections
agronomist, industrial, automobile, footwears, building site, electronic,
pharmacist, textile, derived of wood, personal care and consumption products”.
Partnership:
RHODIA S/A
(joined 12/1997), French, CNPJ:
05.687.919/0001-19 -
99,99954%
RHOPART PARTICIPAÇÕES SERVIÇOS E COMÉRCIO
LTDA
(joined 07/2003), Brazilian, CNPJ:
05.067.048/0001-30 - 0,00046%
Managers:
MARCOS ANTÔNIO DE MARCHI - President
Director
(joined 10/2005), Brazilian, Married, CPF:
163.564.188-85
ANDRÉ LUIS RODRIGUES - Financial Director
(joined 07/2004), Brazilian, Married, CPF:
163.564.188-85
OSNI DE
(joined 06/2002), Brazilian, Married, CPF:
055.378.008-53
JOSÉ BORGES MATIAS - Director
Brazilian, Divorced, CPF: 006.020.678-04
MÁRIO LINDENHAYN - Director
(joined 12/2003), Brazilian, Married, CPF:
104.390.558-81
LUIZ CARLOS FERNANDES - Director
(joined 06/1999), Brazilian, Married, CPF:
088.772.708-53
Properties
The subject owns a premise at the captioned address
Registered
line of business:
Chemicals products
Solutions and services in the areas of automotive, health care, fragrance, apparel, electronics, personal care and environmental protection.
Related Companies
Stock participation:
RHODIA POLIAMIDA E ESPECIALIDADES LTDA
CNPJ: 15.179.682/0001-19
- Rhodia Brasil Ltda - 42,40%
HEXION ADESIVOS INDÚSTRIA E COMÉRCIO LTDA
CNPJ: 07.716.032/0001-37
- Rhodia Brasil Ltda - 30,00%
ESSENCIS INCINERAÇÃO S/A
CNPJ: 02.713.978/0001-26
- Rhodia Brasil Ltda - 33,70%
RHODIA POLIAMIDA BRASIL LTDA
CNPJ: 74.532.136/0001-89
- Rhodia Brasil Ltda - 99,90%
Affiliated:
Rhodiapar Investimentos Ltda - 99,90%
MTN do Brasil Ltda - 99,90%
Rhodia Aceton Brasil Ltda - 99,90%
Rhodia Exportadora Importadora S/A - 99,90%
Rhodia Ster S/A - 88,80%
Financial Data
According to the Brazilian Law Private
Limited Companies are not obliged to file financial accounts for public
inspection.
It was not possible to find out financial statement through outside sources consulted.
(Dollar rate US$1.00 = R$1,933 on 22/06/2007).
Banking
Banco Itaú S/A. - São
Paulo/SP
Banco Bradesco S/A - São Paulo/SP
Citibank N.A -
São Paulo/SP
Remark:
banking
comments could not be obtained due to legal restrictions from the Brazilian
Law.
Up to June 22, 2007 no returned
checks were found either in the name of the company.
Insurance
Companies:
UAP Seguros Brasil
AGF Brasil S/A
Interamericana Cia de Seguros Gerais - AIG
Coverage:
Vehicles, transport, assets
Payment information
182 invoices
Information on purchases:
JUN/2007 Last: R$461 Average: R$4.558
Information on invoicing:
JUN/2007 Highest: R$39.717 Average: R$7.968
Information on accumulation:
JUN/2007 Highest: R$155.667 Average: R$17.439
86% - prompt payments
12% - delays from 06 up to 15 days
2% -
delays from 16 up to 30 days
Trade References
Main
Suppliers:
PETROQUÍMICA UNIÃO S/A phone:
(55-11) 3714-1655
UNIPAR UNIÃO IND PETROQUÍMICAS S/A phone: (55-11) 3415-1155
PETROBRÁS DISTRIBUIDORA S/A phone: (55-11)
3116-5454
ULTRAFÉRTIL S/A phone:
(55-13) 3361-3222
Main
clients:
BASF S/A
POLICARBONATOS DO NORDESTE S/A
CIBA ESPECIALIDADES QUÍMICAS LTDA
BAYER S/A
DANONE
BAUDUCCO
TINTAS RENNER
Public Information
Up to June 22, 2007, negative information
was found:
15 protested bills, on the amount of
R$24.161,00, the five last:
13/12/2006 R$ 182,00 Cubatão/SP
28/07/2006 R$11.600,00 Santo
André/SP
16/05/2006 R$ 632,00 Santo André/SP
26/01/2006 R$ 2.741,00 Cubatão/SP
26/01/2006 R$ 4.555,00 Cubatão/SP
02 Executive Lawsuit:
09/11/2005 R$34.435,00 Santo
André/SP
19/05/2003 R$12.853,00 São
Paulo/SP
04 Due debts don’t pag:
15/03/2004 R$ 122,00 Copy Transp Itap
26/07/2002 R$3.924,00 Copy UPS
26/07/2002 R$3.287,00 Copy UPS
26/07/2002 R$4.703,00 Copy UPS
Remarks
Contacted Mrs. Leila Silva, we requested the balance sheet of 2006/2005/2004, however until the moment we didn't receive an answer.
The information in this report were obtained from outside sources and public records.
Final Opinion
It is one of the main companies of
Based on the over all information available and the volume of your
businesses, the company can be considered normal for business dealings at usual
trade terms and conditions.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)