Corporates

Chemicals
Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
Archroma Pakistan Ltd 1/31/2023 Entity AA A-1 Stable Reaffirmed
Gamalux Oleochemicals Limited 7/12/2023 Entity A- A-2 Stable Initial
Ittehad Chemicals Limited 4/2/2024 Entity A- A-2 Stable Reaffirmed
Lucky Core Industries Limited (Formerly ICI Pakistan Limited) 2/28/2024 Entity AA A-1+ Stable Maintained
Power Chemical Industries Limited 6/24/2024 Entity A- A-2 Stable Reaffirmed
Sitara Chemical Industries Limited 6/14/2024 Entity A+ A-2 Stable Reaffirmed
Sitara Chemical Industries Limited 6/14/2024 Sukuk 1 AA- Stable Preliminary