Fitch: LatAm Chemicals Outlook Stable for 2017

CHICAGO–(BUSINESS WIRE)–Link to Fitch Ratings’ Report: 2017 Outlook: Latin America Chemicals (Ramping Up)https://www.fitchratings.com/site/re/891533 The 2017 rating and sector outlook for Latin American chemicals remains stable, though positive ratings actions are unlikely, according a new Fitch Ratings report. “Favorable market spreads and increasing volumes have been built into the existing ratings. High leverage due to expansion capex will limit the possibility of a shift of the sector out