MIRA INFORM REPORT
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Report Date : |
23.07.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
ICC CHEMICAL CORP |
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Registered Office : |
460 Park Ave, Ste 7, New York, NY
10022-1841 |
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Country : |
United States |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Chemical Manufacturing |
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 : |
$5,000 (USD) |
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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 |
Company name & address
ICC Chemical Corp
460 Park Ave
Ste 7
New York, NY 10022-1841
United States
Tel: 212-521-1700
Fax: 212-521-1794
Websites www.iccchem.com
SYNTHESIS
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Employees: |
10 |
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Company Type: |
Private Subsidiary |
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Corporate Family: |
36 Companies |
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Ultimate Parent: |
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Financials in: |
Usd (in Millions) |
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Reporting Currency: |
US Dollar |
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Annual Sales: |
450.0 |
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Total Assets: |
NA |
Business Description
ICC Chemical Corporation has a quick cure for manufacturers' chemical
dependencies. The company acts as the international trading arm of parent ICC
Industries, which manufactures chemicals, plastics, and pharmaceuticals. ICC
Chemical markets products such as petrochemicals; plastic resins and raw
materials; organic, inorganic, and specialty chemicals; performance products;
and pharmaceutical and food ingredients. It has bulk storage and warehouse
locations throughout the US, as well as a fleet of trucks, railcars, and
isocontainers. ICC Chemical has offices in Africa, Asia, Europe, Latin America,
and the Middle East.
Industry
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Industry |
Chemical
Manufacturing |
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ANZSIC 2006: |
1899 - Other
Basic Chemical Product Manufacturing Not Elsewhere Classified |
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NACE 2002: |
246 -
Manufacture of other chemical products |
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NAICS 2002: |
32599 - All
Other Chemical Product and Preparation Manufacturing |
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UK SIC 2003: |
246 -
Manufacture of other chemical products |
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US SIC 1987: |
6719 - Offices
of Holding Companies, Not Elsewhere Classified |
Key Executives
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· Profit & Loss Item Exchange Rate: USD 1 = USD 1
· Balance Sheet Item Exchange Rate: USD 1 = USD 1
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Location
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460 Park Ave Ste: 7 |
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County: |
New York |
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MSA: |
New York, NY |
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Phone: |
212-521-1700 |
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Fax: |
212-521-1794 |
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URL: |
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ABI©: |
257337592 |
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Employees: |
10 |
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Facility Size(ft2): |
10,000 - 39,999 |
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Business Type: |
Private |
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Location Type: |
Subsidiary |
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Corp. Affiliation: |
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RECOMMENDED CREDIT LIMIT * |
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$5,000 (USD) |
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Primary Line of Business: |
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SIC: |
5169-16 - Chemicals (Whls) |
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NAICS: |
424690 - Other Chemical Merchant Whols |
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Secondary Lines of Business: |
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SICs: |
5099-05 - Importers (Whls) |
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5169-17 - Chemicals-Storage & Handling (Whls) |
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NAICS: |
423990 - All Other Durable Goods Merchant Whols |
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||
|
DENKA Corp |
Kyowa Hakko
USA |
Asahi Kasei
America Inc |
|
Inabata
America Corp |
FRP
Services & Co America Inc |
Atwell
Detergent LLC |
|
Sequa Corp |
Pred
Materials International Inc |
Fallek
Chemical Division |
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Nterbusiness
USA Inc |
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* Similar
Businesses are defined as the closest businesses sharing the same six-digit
primary SIC code ( 5169-16 - Chemicals (Whls)) regardless of size.
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Corporate Family
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Corporate Structure News: |
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Total Corporate Family Members: 36 |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
New York, NY |
United States |
Fabricated Plastic and Rubber |
616.0 |
1,700 |
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Subsidiary |
Haifa |
Israel |
Beverages (Non-Alcoholic) |
451.1 |
1,472 |
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Subsidiary |
North Bergen, NJ |
United States |
Food Processing |
30.0 |
120 |
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Subsidiary |
Kalamazoo, MI |
United States |
Food Processing |
165.0 |
75 |
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Subsidiary |
Frome |
United Kingdom |
Food Processing |
16.1 |
7 |
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Subsidiary |
Frome |
United Kingdom |
Chemical Manufacturing |
16.1 |
3 |
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Subsidiary |
Hartlepool |
United Kingdom |
Food Processing |
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74 |
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Subsidiary |
Hartlepool |
United Kingdom |
Chemical Manufacturing |
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69 |
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Subsidiary |
Harlow |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Clacton On Sea |
United Kingdom |
Food Processing |
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40 |
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Recently acquired (previously owned by East
Anglian Food Ingredients Ltd.).See corporate structure news on ICC Industries Inc for
details |
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Subsidiary |
Corona, CA |
United States |
Food Processing |
13.5 |
25 |
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Subsidiary |
Mishor Edumim |
Israel |
Miscellaneous Financial Services |
0.0 |
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Subsidiary |
Richmond, IN |
United States |
Fabricated Plastic and Rubber |
125.0 |
450 |
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Branch |
Reedsburg, WI |
United States |
Chemicals - Plastics and Rubber |
215.4 |
200 |
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Branch |
Richmond, IN |
United States |
Fabricated Plastic and Rubber |
45.4 |
200 |
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Branch |
Oakwood, GA |
United States |
Fabricated Plastic and Rubber |
34.1 |
150 |
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Branch |
Mesquite, NV |
United States |
Fabricated Plastic and Rubber |
51.2 |
130 |
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Branch |
Garfield, NJ |
United States |
Fabricated Plastic and Rubber |
22.7 |
100 |
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Subsidiary |
Newton Aycliffe |
United Kingdom |
Fabricated Plastic and Rubber |
11.5 |
39 |
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Subsidiary |
Garfield, NJ |
United States |
Chemical Manufacturing |
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35 |
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Branch |
Jasper, TN |
United States |
Personal Services |
4.3 |
70 |
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Branch |
Corsicana, TX |
United States |
Fabricated Plastic and Rubber |
6.8 |
30 |
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Branch |
Lakeland, FL |
United States |
Fabricated Plastic and Rubber |
5.7 |
25 |
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Subsidiary |
Dover, OH |
United States |
Chemical Manufacturing |
429.2 |
201 |
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Subsidiary |
Easton, MD |
United States |
Biotechnology and Drugs |
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57 |
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Subsidiary |
New York, NY |
United States |
Chemical Manufacturing |
450.0 |
10 |
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Subsidiary |
Barueri |
Brazil |
Chemical Manufacturing |
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50 |
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Branch |
Saffron Walden |
United Kingdom |
Chemical Manufacturing |
0.7 |
5 |
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Subsidiary |
Hong Kong |
Hong Kong |
Chemical Manufacturing |
1.0 |
3 |
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Subsidiary |
Milano, Milano (Milan) |
Italy |
Chemical Manufacturing |
0.4 |
2 |
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Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
1.0 |
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Executives Report
Board
of Directors
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Name |
Title |
Function |
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Chairman & Chief Executive Officer |
Chairman |
Executives
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Chairman & Chief Executive Officer |
Chief Executive Officer |
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President |
President |
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Director-Information Technology |
Information Executive |
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.72.34 |
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Euro |
1 |
Rs.63.87 |
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.