MIRA INFORM REPORT
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Report Date : |
04.08.2011 |
IDENTIFICATION DETAILS
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Name : |
EMERALD PERFORMANCE MATERIALS LLC |
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Registered Office : |
Corporation Trust Center 1209 Orange Street, Wilmington 19801 De |
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Country : |
United States |
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Date of Incorporation : |
03.03.2006 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Chemicals Manufacturers |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 100,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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United States |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
GEOPOLITICS - UNITED STATES
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Ordered as: |
Emerald Specialties Group |
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Address in the order: |
2235 Langdon Farms Road, Cincinnati Ohio 42237 |
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Comments on data supplied: |
Dear client, The subject requested "Emerald Specialties
Group" operates as a division of "Emerald Performance Materials,
LLC". Therefore, we will provide this report on:
"Emerald Performance Materials, LLC". |
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Legal Name: |
Emerald
Performance Materials LLC |
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Legal Address |
Corporation Trust Center 1209 Orange
Street, Wilmington 19801 De, USA (Registered Agent) |
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Operative Address |
2020 Front Street, Suite 100, Cuyahoga
Falls, OH 44221, USA |
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Telephone: |
+1 (330) 916-6700 |
ID : |
4119662 |
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Fax: |
+1 (330) 916-6734 |
Legal Form: |
Limited Liability Company |
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Email: |
Registered in: |
Delaware |
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Website: |
Date Created: |
2006 |
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Manager: |
Candace M. Wagner, President and CFO |
Date Incorporated: |
March 3rd 2006 |
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Staff: |
700 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
It is a private company categorized under Chemicals
Manufacturers. |
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BUSINESS
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HISTORY |
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Emerald Performance Materials was formed in 2006. |
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PRINCIPAL ACTIVITY |
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It is a private company categorized under Chemicals Manufacturers. |
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Products/Services description: |
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The company makes additives, dyes, fine chemicals, silicones, and
specialty polymers. It operates within several divisions: Emerald Specialties
Group (Hilton Davis, Foam Control & Carolina Chemical Divisions), CVC
Thermoset Specialties Division, Emerald Kalama Chemicals Division, EPM
Corporate |
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Sales are: |
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Wholesale |
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Brands: |
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Goodrite® Resin-D, Hilton Davis® colorants, Foam Blast®, Freerez®
resins, Kalama™ brands and HyproTM RLP & NychemTM Specialty Emulsions. |
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Clients: |
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Profesionals of the industry. |
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Operations area: |
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National, International |
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The company export to Europe and South America |
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The subject employs 700 employee(s) |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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The company is headquartered at 2020 Front Street, Suite 100 Cuyahoga
Falls, OH 44221, USA. |
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Comments on location: |
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The company is incorporated in Delaware for tax purposes. However, it
is headquartered in Ohio. |
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Branches: |
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The company has eight divisions, like the one provided in the order,
located at 2235 Langdon Farms Road, Cincinnati Ohio 42237. |
Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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This is a private company. Despite our long searches we cannot
establish the shareholders. |
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Management: |
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Candace M. Wagner, President & CFO Thomas J. Nelson, Vice-President, Human Resources Brian A. Denison, Vice-President, Operations & HS&E Julie O. Vaughn, Vice-President, Business Development & Marketing
Services John R. Zuppo, Vice-President, Procurement |
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Related Companies: |
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Emerald Performance Hong Kong, Limited 1107-1110 Shui on Centre 6-8 Harbour Road Wanchai, Hong Kong, China |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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We have contacted Carrie Hirsch, Account
Payable Manager Assistant, who refused to provide us any financial data on
grounds of confidentiality. |
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Legal Fillings |
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There are several UCCs files listed with
the Secretary of State of Delaware. There are no legal filings listed with the
District Court. THE COMPANY IS NOT LISTED ON THE OFAC
LIST.* For information: * The Specially Designated Nationals (SDN)
List is a publication of OFAC which lists individuals and organizations with
whom United States citizens and permanent residents are prohibited from doing
business. ** The Uniform Commercial Code (UCC) is
one of a number of uniform acts that have been promulgated in conjunction
with efforts to harmonize the law of sales and other commercial transactions
in all 50 states within the United States of America. The UCC deals primarily with transactions
involving personal property (movable property), not real property (immovable
property). It allows a creditor to notify other creditors
about a debtor’s assets used as collateral for a secured transaction by
filing a public notice (financing statement) with a particular filing office.
The Uniform Commercial Code Bureau files
and maintains on financial obligations (including IRS liens) incurred by
individuals (in business as a sole proprietor), business entities and
corporations. |
Rating
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Local credit bureau gave a Correct credit
rate. The company is in Good Standing. This means
that all local and federal taxes were paid on due date. |
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Final Opinion |
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EMERALD PERFORMANCE MATERIALS LLC is a big
sized US company as it currently has a staff of 700 employees. It was incorporated for business in 2006. Therefore,
it has more than 4 years of experience. The company produces and markets
technologically advanced specialty chemicals for a broad range of food and
industrial applications. It operates within the United States and it also
exports its products to Europe and South America. There were no legal filings found against
the company or its legal representatives. Due to the fact that the company's size of
operations and current payment experience, we suggest working with a credit
line of USD 100,000-. |
SUMMARY
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Profitability |
CORRECT |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
NORMAL |
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APPENDIX
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Person Interviewed |
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Carrie Hirsch |
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Position |
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Accounts Payables Manager Assistant |
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Comments |
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The person we contacted provided us with the following information: Addresses Phone President Payments to suppliers |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.38 |
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UK Pound |
1 |
Rs.72.21 |
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Euro |
1 |
Rs.62.87 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.