OREANDA-NEWS. International rating agencies Fitch Ratings and Moody’s have assigned to SIBUR Holding JSC a “BB” – stable outlook” and “Ba2” – stable outlook” ratings correspondingly.
 
Assignment of the above ratings shows the effectiveness of management policies aimed at production efficiency enhancement and improvement of the company’s financial profile.
 
The agencies refer to the leading positions of SIBUR in most major products and the company’s practices to increase output. The agencies also evidence good diversification and a wide range of products as well as a moderate dependency on individual customers.
 
The Company will keep on implementing its strategies to improve transparency and sustain financial stability.
 
“Assignment of the international ratings allows the company to execute loan transactions if necessary,” - Dmitry Konov, SIBUR LLC President, said in a statement. “Now there’s an objective indicator for evaluation of SIBUR performance to adopt corporate and financial management standards”.