MIRA INFORM REPORT
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Report Date : |
30.07.2011 |
IDENTIFICATION DETAILS
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Name : |
CI ACEPALMA SA |
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Registered Office : |
Carrera. 8, 81A 26 P. 4/F, Bogota |
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Country : |
Colombia |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Independent |
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Line of Business : |
Traders of crude palm oil, palm kernel oil and palm oil derivative
products |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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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Colombia |
a2 |
a2 |
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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
CI Acepalma SA
Carrera. 8, 81A 26 P. 4/F
Bogota,
Colombia
Tel: (1) 317 1387
Fax: (1) 317 1387
Web: www.acepalma.com
synthesis
Employees: NA
Company Type: Private Independent
Reporting Currency: US Dollar
Annual Sales: NA
Total Assets: NA
Business Description
CI Acepalma SA
offers the national and international markets products such as crude palm oil,
palm kernel oil and palm oil derivative products. It also trades in vegetal
glycerin and palm oil based biodiesel. These products are exported in optimal
conditions of storage and freight. CI Acepalma SA also offers the services
including financial instruments that give efficient response to the financing
needs of the growers, provides price hedging and foreign exchange rates hedging
systems that serve to protect the growers' investments from market fluctuations
and storage infrastructure to meet all the logistic requirements of the trade.
CI Acepalma SA also has a trucking company Solutrans, for transporting the
products that are traded.
Industry
Industry Crops
ANZSIC 2006: 01 - Agriculture
NACE 2002: 01 - Agriculture,
Hunting and Related Service Activities
NAICS 2002: 11 - Agriculture,
Forestry, Fishing and Hunting
UK SIC 2003: 01 - Agriculture,
Hunting and Related Service Activities
US SIC 1987: 01 - Agricultural
Production Crops
Key Executives
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Name |
Title |
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Maria Emma |
General Manager |
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Sandra Suarez |
Finance Director |
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Waldir Valencia |
New Business Director |
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Paola Andrea Toledo Concha |
Director |
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Carolina Lopez |
Oil & Agro Industrial Director |
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
Location
Carrera. 8, 81A 26 P. 4/F
Bogota, Colombia
Tel: (1) 317 1387
Fax: (1) 317 1387
Web: www.acepalma.com
Sales USD(mil): NA
Assets USD(mil): NA
Employees: NA
Industry: Crops
Company Type: Private
Independent
Quoted Status: Not
Quoted
Contents
· Industry Codes
· Business Description
Industry Codes
ANZSIC 2006 Codes:
37 - Other Goods Wholesaling
01 - Agriculture
11 - Food Product Manufacturing
NACE 2002 Codes:
51 - Wholesale Trade and Commission Trade, Except
of Motor Vehicles and Motorcycles
15 - Manufacture of Food Products and
Beverages
01 - Agriculture, Hunting and Related
Service Activities
159 - Manufacture of beverages
NAICS 2002 Codes:
42 - Wholesale Trade
312 - Beverage and Tobacco Product Manufacturing
11 - Agriculture, Forestry, Fishing and
Hunting
311 - Food Manufacturing
US SIC 1987:
50 - Wholesale Trade-durable Goods
01 - Agricultural Production Crops
20 - Food and Kindred Products
UK SIC 2003:
51 - Wholesale Trade and Commission Trade,
Except of Motor Vehicles and Motorcycles
15 - Manufacture of Food Products and
Beverages
01 - Agriculture, Hunting and Related
Service Activities
159 - Manufacture of beverages
Business
Description
CI Acepalma SA
offers the national and international markets products such as crude palm oil,
palm kernel oil and palm oil derivative products. It also trades in vegetal
glycerin and palm oil based biodiesel. These products are exported in optimal
conditions of storage and freight. CI Acepalma SA also offers the services
including financial instruments that give efficient response to the financing
needs of the growers, provides price hedging and foreign exchange rates hedging
systems that serve to protect the growers' investments from market fluctuations
and storage infrastructure to meet all the logistic requirements of the trade.
CI Acepalma SA also has a trucking company Solutrans, for transporting the
products that are traded.
Executives Report
Executives
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General Manager |
Division Head Executive |
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Finance Director |
Finance Executive |
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New Business Director |
Business Development Executive |
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Director |
Other |
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Oil & Agro Industrial Director |
Other |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.16 |
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UK Pound |
1 |
Rs.72.10 |
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Euro |
1 |
Rs.63.10 |
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.