CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Chemical Specialities Ltd is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Chemical Specialities Ltd
2029 Old Mill Road, Canelands
Phone: +27 325418600p:+27 325418600 VERULAM, 4339  South Africa Fax: +27 325418653f:+27 325418653
On 3/12/2015, the Company applied for voluntary business rescue and suspended all ChemSpec securities on the JSE.
On 8/5/2015,the Company was placed into provisional liquidation by the Durban High Court.
This company is no longer actively traded on any major stock exchange.
Business Summary
Chemical Specialities Limited (ChemSpec) is a South Africa-based coatings company. The Company is engaged in manufacturing and distributing a range of industrial, decorative and automotive paint systems. The Company has manufacturing facility in Canelands, Durban, South Africa. The Company is engaged in the manufacture, distribution and supply of paint and ancillary products and operates principally in South Africa, Australia, Botswana, Namibia and the United States of America. The Company has five operating divisions: buy-ins, automotive, decorative, industrial/woodfinish and solvents. The Company has distribution networks in Canada, Mexico, Puerto Rico, New Zealand and Fiji. The Company’s subsidiaries include ChemSpec Coatings (Pty) Ltd, Chemical Specialities Namibia (Pty) Ltd, ChemSpec Botswana (Pty) Ltd , ChemSpec USA, Inc., Chemical Specialities HDC (Pty) Ltd, ChemSpec Paint and Abrasive (Pty) Ltd, ChemSpec Properties USA, LLC and Paint and Abrasive California LLC.
(Source: ARS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20143/31/2014Yes----

Industries
SIC Code Description
2851 Paints, varnishes, lacquers, enamels, and allied products
2499 Wood products, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director BaronSchreuder 45 1/1/2013 1/1/2013
Chief Operating Officer, Executive Director Bruce R.Mackinnon 41 1/1/2013 1/1/2006
Executive Director WilliamWaller 4/10/2014 4/10/2014
Non-Executive Director Namhla T.Siwendu 1/16/2013 1/16/2013
Non-Executive Independent Director Sipho E.Sono 45 3/12/2012 3/12/2012

General Information
Stock Exchange: JNB
Fax Number: +27 325418653


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Saturday, July 22, 2023