KPPLKaibab Paiute Public Library (Fredonia, AZ)
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
Offering an all-weather operation with a breakwater ensuring 99 percent availability, night navigation, limited dredging requirements, proximity to GAIL's existing Cauvery Basin gas pipeline network and 24X7 access to port services, we are immensely proud of the Port's facilities that attracted AG&P to this prime site," said GRK Reddy, chairman and promoter director of KPPL.
The firm is led by Richard Sidi and property developer Brian Scowcroft, chairman of KPPL and owner of one of north west England's largest industrial estates, the 400 acre Kingmoor Park in Carlisle.
KPPL say the site, which includes the Penrhos Coastal Park, is already a "tourist haven" but lacks the accommodation and leisure facilities to enable it to become a sustainable tourism destination in its own right.
CRISIL believes that KPPL will benefit over the medium term from the high demand for industrial paper, especially the Kraft variant, in the company's region of operation.
Incorporated in 2009, KPPL manufactures multilayer kraft, kraft board and kraft paper.
The outlook revision reflects expected improvement in KPPL's market position with an increase in its scale of operations following its ongoing capacity expansion and addition of new customers.
For arriving at its rating, CRISIL has excluded unsecured loans from KPPL's promoters, while computing the company's debt and net worth.
The ratings reflect KPPL's exposure to risks related to tender-driven business, limited project diversity, geographically concentrated revenue profile, small net worth, and large working capital requirements.
CRISIL believes that KPPL will maintain its healthy capital structure and benefit from its moderate order book over the medium term.
Moreover, KPPL is exposed to the volatility in polymer prices and foreign exchange rate fluctuations arising on account of imports of traded goods.
The rating, however, takes into account the long and proven track record of KPPL's promoters in the polymer trading business, the company's established relationships with its key customers and suppliers, and its moderate working capital intensity.