Panama Petrochem Limited — Credit Ratings, 23-09-2025: Credit Rating

CARE Ratings has reaffirmed Panama Petrochem's bank facility ratings. Long-term facilities (64 Cr) are rated CARE A+ (Stable), and short-term facilities (585 Cr) are rated CARE A1+. The stable outlook reflects the company's strong market position, diversified revenue streams, healthy capital structure, and robust liquidity, despite some margin vulnerability.