Bulletin Updates

CIL Nova Petrochemicals Ltd (CNPL) was formed as part of the demerger from Nova… – CNPL: Ratings downgrade, 29 Oct 2021

Oct 29, 2021

CIL Nova Petrochemicals Ltd (CNPL) was formed as part of the demerger from Nova Petrochemicals Ltd in 2007 and is engaged in the manufacturing of different type of synthetic yarn from polyester - Partially Oriented yarn (POY), Fully Drawn Yarn (FDY) Polyester Texturised Yarn (PTY) and Draw Texturised Yarn (DTY).

But it suffered a ratings downgrade

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