S&P: Chemicals Sector Credit Ratings Improving

Credit ratings in the chemicals sector will continue to improve through the rest of this year, according to a report by Standard and Poor's (S&P; New York), the ratings agency. Improving earnings and economic conditions, more favorable debt markets, and refinancing moves that have pushed out maturities are all contributing to positive ratings actions. S&P upgraded five companies during the first-quarter, and downgraded none. The five upgrades were assigned to Lubrizol, Hexion, NewMarket, Ashland and Solutia. The agency did place Air Products on watch with...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers