Fitch Withdraws National & International Ratings of Compania Mega S.A.CHICAGO -- Fitch Ratings has withdrawn the 'A(arg)' national and 'B+' international ratings of Compania Mega S.A. (Mega), as the securities were fully amortized prior maturity. Fitch will no longer provide analytical service or coverage of this issuer. Compania Mega, owned by YPF S.A. (YPF, 38%), Brasoil Alliance Company, a subsidiary of Petroleo Brasileiro S.A. (Petrobras, 34%), and Dow Investment Argentina S.A., a subsidiary of The Dow Chemical Company The Dow Chemical Company (NYSE: DOW TYO: 4850 ) is an American multinational corporation headquartered in Midland, Michigan. Overview The Dow Chemical Company is currently the second largest chemical manufacturer in the World (after BASF)[1]. (Dow, 28%), is composed of a natural gas separation plant, a natural gas liquids fractionation fractionation /frac·tion·a·tion/ (frak?shun-a´shun) 1. in radiology, division of the total dose of radiation into small doses administered at intervals. 2. plant, a 600-km pipeline, and related storage and loading facilities in Argentina. The US$728 million project began operations in April 2001, with an annual total capacity to produce 369,000 MT of propane; 242,000 MT of butane, 562,000 metric tons of ethane ethane (ĕth`ān), CH3CH3, gaseous hydrocarbon. It is a continuous-chain alkane. As a constituent of natural gas, it is used for fuel. It can be prepared by cracking and fractional distillation of petroleum. ; and 223,000 MT of natural gasoline. Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria, and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance, and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
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