ESSO company rating reflects efficiencies
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TRIS Rating has affirms the company rating of ESSO (Thailand) PLC at “A+”.
The rating reflects the strong linkage between ESSO and the ExxonMobil Group, its efficient and integrated refinery and aromatics plant, and its strong position in retail marketing.
The rating is constrained by the high volatility inherent in the petroleum and petrochemical industries, as well as intense competition in the retail business.
