MIRA INFORM REPORT

 

 

Report Date :           

18.05.2012

 

IDENTIFICATION DETAILS

 

Name :

EXXONMOBIL CHEMICAL ASIA PACIFIC

 

 

Formerly Known As :

Exxon Chemical Asia Pacific

 

 

Registered Office :

1 Harbourfront Place #07-00 Singapore 098633

 

 

Country :

Singapore

 

 

Date of Incorporation :

27.05.1999

 

 

Com. Reg. No.:

52893724C

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Trader of petrochemical products

 

 

No. of Employees :

About 10 Employees

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Concern

Payment Behaviour :

No Complaints

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, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Singapore

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

Exxonmobil Chemical Asia Pacific

Supplied Name:

Exxonmobil Chemical Asia Pacific

Trading Address:

1 Harbourfront Place, #06-00 Harbourfront Tower One Singapore 098633

Supplied Address:

1 Harbourfront Place, #06-00 Harbourfront Tower One Singapore 098633

Telephone Number:

+65-68858000

 

 

Credit Summary

 

Credit Opinion:

Business connections are permissible

 

 

Company Identification Details

 

Registered Name:

Exxonmobil Chemical Asia Pacific

Registered Address:

1 Harbourfront Place #07-00 Singapore 098633

Date of Registration::

1999-5-27

Registered Number:

52893724C

Country of Incorporation:

Singapore

Registered Capital:

N/A

Legal Form:

Sole Proprietorship

Principal Activities:

Trader of petrochemical products

82999 Other Business Support Services Activities NEC (EG Administration Of Loyalty Programmer)

Staff:

About 10 Employees

Status:

Live

Listed at Stock Exchange:

No

Note:

It is not necessary for a sole company to register the capital for a sole company.

 

History

 

Subject was incorporated on 1999-5-27 with registered number 52893724C as Sole Proprietorship in Singapore.

Change of Name:

Date

Change

1999-5-27

Exxon Chemical Asia Pacific

2000-3-14

Exxonmobil Chemical Asia Pacific

 

 

Owner

Unit: SGD

Existing Owner:

Name:

Exxonmobil Asia Pacific Pte. Ltd.

ID Number:

196800312N

Address:

1 Harbourfront Place #07-00 Harbourfront Tower One Singapore 098633

Date of Change of Address:

2003-1-20

Nationality:

Singapore, Rep Of

Date of Entry:

2001-1-1

 

Withdrawn Owner:

Name:

Exxonmobil Chemical Singapore Private Limited

ID Number:

197301105H

Address:

1 Harbourfront Place #07-00 Singapore 098633

Date of Change of Address:

2003-1-20

Nationality:

Singapore, Rep Of

Date of Entry:

1999-5-26

Date of Withdrawal:

2001-1-1

 

 

 

 

Subsidiaries & Branches

 

Related Company:

Name:

ExxonMobil Chemical Company

Address:

13501 Katy Freeway Houston, TX 77079-1398, USA

 

 

Management Information

 

Personnel Structure

Total Employees

About 10 Employees

 

 

Operation Information

 

Offices & Factories

 

Office

Address:

1 Harbourfront Place, #06-00 Harbourfront Tower One Singapore 098633

 

Purchase

l         The subject purchases petrochemical products.

l         Subject is offered by the parent company.

 

Sales Information

l         Subject is engaged in sales of petrochemical products.

l         Subject has both domestic and foreign markets

l         Subject’s products include olefins, aromatics, fluids, synthetic rubber, polyethylene, and polypropylene, oriented polypropylene packaging films, plasticizers, synthetic lubricant basestocks, additives for fuels and lubricants, zeolite catalysts and other petrochemical products.

l         Subject’s exporting territory is Asia.

 


Settlements

 

Purchase

Domestic Markets

Products

Payment Terms

Proportion

Petrochemical products

COD, etc

100%

 

Overseas Markets

Products

Payment Terms

Proportion

Petrochemical products

CBD, etc

100%

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Petrochemical products

CBD, etc

100%

 

Overseas Markets

Product

Sales Terms

Proportion

Petrochemical products

CBD, etc

100%

 

 

Financial Information

 

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore, subject did not submit the latest information to the local registry, and the only source from which we can obtain the information is the subject itself.

Subject’s staff introduced subject’s financial figures as follows and the information is estimated and only for reference.

 

 

Interview Details

 

Name:

Chriseobher

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.29

UK Pound

1

Rs.86.61

Euro

1

Rs.68.87

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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

Capability to overcome financial difficulties seems comparatively below average.

 

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

----

NB

New Business

----

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.