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MIRA INFORM REPORT
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Report No. : |
507765 |
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Report Date : |
10.05.2018 |
IDENTIFICATION DETAILS
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Name : |
CLARIMEX S.A. DE C.V. |
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Registered Office : |
Carretera Jerobas Tula Parque Industrial Tula 42970 Atitulaquia Hindalgo
Cla8010075y7 |
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Country : |
Mexico |
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Date of Incorporation : |
1960 |
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Legal Form : |
Limited Company of Variable Capital |
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Line of Business : |
Subject produces activated carbons, both powdered and granular, for
use. |
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No. of Employees : |
161 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Maximum Credit Limit : |
USD 300 000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Mexico |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
MEXICO - ECONOMIC OVERVIEW
Mexico's $2.4 trillion economy – 11th largest in the world - has become increasingly oriented toward manufacturing since the North American Free Trade Agreement (NAFTA) entered into force in 1994. Per capita income is roughly one-third that of the US; income distribution remains highly unequal.
Mexico has become the US' second-largest export market and third-largest source of imports. In 2016, two-way trade in goods and services exceeded $579 billion. Mexico has free trade agreements with 46 countries, putting more than 90% of its trade under free trade agreements. In 2012, Mexico formed the Pacific Alliance with Peru, Colombia, and Chile.
Mexico's current government, led by President Enrique PENA NIETO, has emphasized economic reforms, passing and implementing sweeping energy, financial, fiscal, and telecommunications reform legislation, among others, with the long-term aim to improve competitiveness and economic growth across the Mexican economy. Since 2015, Mexico has held public auctions of oil and gas exploration and development rights and for long-term electric power generation contracts. Mexico has also issued permits for private sector import, distribution, and retail sales of refined petroleum products in an effort to attract private investment into the energy sector and boost production.
Since 2013, Mexico’s economic growth has averaged 2% annually, falling short of private-sector expectations that President PENA NIETO’s sweeping reforms would bolster economic prospects. Growth is predicted to remain below potential given falling oil production, weak oil prices, structural issues such as low productivity, high inequality, a large informal sector employing over half of the workforce, weak rule of law, and corruption. In 2018, Mexico’s economy will be vulnerable to uncertainty surrounding the future of NAFTA—because the US is its top trading partner and the two countries share integrated supply chains—and to potential shifts in domestic policies following the inauguration of a new a president in December 2018.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
CLARIMEX S.A. DE C.V. |
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Trade Name: |
CLARIMEX |
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RFC: |
CLA8010075Y7 |
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Date Created: |
1960 |
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Date Incorporated: |
1980 |
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Legal Address: |
CARRETERA JEROBAS TULA PARQUE INDUSTRIAL TULA 42970
ATITULAQUIA HINDALGO CLA8010075Y7, MEXICO |
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Operative Address: |
CARRETERA JEROBAS TULA PARQUE INDUSTRIAL TULA 42970
ATITULAQUIA HINDALGO CLA8010075Y7, MEXICO |
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Telephone: |
0052-7787380154 |
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Fax: |
0052-787380154 |
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Legal Form: |
Limited Company of Variable Capital |
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Email: |
recursoshumanos@clarimex.com |
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Registered in: |
MEXICO |
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Website: |
www.activatedcarbon.com.mx |
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Contact: |
Enrique Rangel Peniche, President and Director |
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Staff: |
161 Employees |
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Activity: |
SIC Code:
2819 Industrial Inorganic Chemicals, Not Elsewhere Classified |
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BANKS: |
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The company does not make its banking data public |
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HISTORY
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The company acts as a subsidiary of Carbon Activated
Corporation. CLARIMEX was founded in 1960, initially dedicated
exclusively to the manufacture of powdered activated carbons for the thriving
Mexican sugar market. |
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PRINCIPAL
ACTIVITY
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Clarimex produces a activated carbons, both powdered
and granular, for use. |
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Products/Services description: |
It offers activated carbon, pulverized carbon, vegetable
carbon, mineral carbon, wood carbon, powdered carbons, granular carbons,
impregnated carbons, and bone carbons. The company serves water drinkable,
dechlorinating water, wastewater treatment, sugar discoloration, glucose
discoloration, fruit juice discoloration, wine and must discoloration and
deodorization, Oi discoloration, pharmaceutical products discoloration,
girbotol process, MEROX process, air purification, industrial gas
purification, solvent purification, and solvent recovery from gaseous
currents applications. |
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Brands: |
CLARIMEX |
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Sales are: |
Wholesale |
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Clients: |
Herramientas
Hecortsa De Cv
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Suppliers: |
LOPEZ ESQUETINI RICARDO ANDRES |
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Operations area: |
National and International |
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The company imports from |
Ecuador |
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The company exports to |
Chile, Colombia, Panama and Argentina |
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The subject employs |
161 Employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
CARRETERA JEROBAS TULA PARQUE INDUSTRIAL TULA 42970
ATITULAQUIA HINDALGO CLA8010075Y7, MEXICO |
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Comments: |
NA |
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Branches: |
Atitalaquia Km.
26 Carr. Jorobas - Tula Parque Industrial Tula Atitalaquia 42960 Hidalgo |
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Main Competitors |
TRIAGUA SA CV |
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Related Companies: |
Adminvest, S.A. de C.V. Gregorio Ruiz Velasco No 201 Aguascalientes, AGS. Mexico |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
The company acts as a subsidiary of: Carbon Activated Corporation 2250 S. Central Avenue |
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Management: |
Gerardo Alba Leal, Marketing Director Alfonso González Arévalo, Secretary Enrique Rangel Peniche, President and Director |
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FINANCIAL
INFORMATION
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The company does not make its financial statements
public. The following information has been provided by
private sources: |
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LEGAL
FILINGS
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Trademarks: |
CLARIMEX |
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Lawsuits: |
Federal
Board |
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OFAC Sanctions List Search: |
The company is not listed in the OFAC list. |
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Maximum Credit Provided |
USD 300 000 |
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SUMMARY
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CLARIMEX was founded in 1960, initially dedicated exclusively
to the manufacture of powdered activated carbons for the thriving Mexican
sugar market. Clarimex produces an activated carbon, both powdered and
granular, for use. The company employs 161 employees. The company mainly exports to Chile, Colombia, Panama and Argentina, but
does not show any import records. It is ACTIVE in MEXICO; with no negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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SUGGESTED CREDIT LINE |
USD 300 000 |
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STATUS |
ACTIVE |
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INTERVIEW
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NAME |
Agustin Hernández |
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POSITION |
Operator |
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COMMENTS |
He confirmed name, email, website, address and that
the company is a subsidiary of Carbon Activated Corp. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 67.38 |
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1 |
INR 91.09 |
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Euro |
1 |
INR 79.75 |
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MXN |
1 |
INR 3.46 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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VIV |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.