Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s): T.CHE.DB.F | T.CHE.DB.G | CGIFF | T.CHE.DB.H | T.CHE.UN

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.

TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Productivity and Reliability, May Business Update

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Comment by Khersonon Jun 01, 2021 7:25am

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Post# 33301623

RE:RE:RE:RE:Productivity and Reliability, May Business Update

GregC24 wrote:

Kherson wrote:

my2pennies wrote: You must fall out of ALOT of chairs if this surprises you. Those of us that have had extremely good success implementing Six Sigma, Lean, or Kaizan know you ALWAYS start small. FULL organization involvement can take years, as it's a cultural shift, and anyone with an ounce of Six Sigma experience fully knows this. It won't lead to failure, but a step in the right direction to better project execution. Must be a pretty good business update if a common sense approach to Six Sigma is the only thing you have to criticize.

Kherson wrote: Finally had a chance to read over the latest Business Update. When I got to page 23 of the update, I almost fell out of my chair when they make mention to implementing Six Sigma to save $10 million, year over year. Sorry folks, but Chemtrade's take on using Black and Green Belts to lead projects is only a half measure that will lead to failure. Six Sigma initiatives work best when the whole organization is involved.
Kherson

I fully agree that Six Sigma is a full organization cultural shift and yes I am fully aware of the benefits and disappointments of implimenting or trying to impliment Six Sigma.
Let's have this same conversation after the 2021 Year End financials are released and what results Chemtrade can attribute towards it!
As for the rest of the business update, no mention of any of the recent equity funds raise going towards any proposed Green HYDRGEN projects!
Kherson

Why would they need to allocate funds when Hydra is paying the start up costs as announced in February? Trying to fabricate doubt again are we?

"This project aligns with Chemtrade’s financial and environmental goals: Hydra will pay for and install the required hydrogen capture infrastructure at our site; and, Chemtrade’s byproduct hydrogen will be used to reduce GHG emissions"

Looks like you caught me in a lie GregC24, but Chemtrade's March 10th News Release would have the Market believing otherwise!
Therefore the question needs to be asked and clarified as even a Unitholder with Greg's vast knowledge is confused; are there concrete plans in place for hydrogen capture at the Brandon plant, or was the quote in the March 10 NR, "the monetization of by-product hydrogen in the Electrochemical segment" only smoke and mirrors?
Thanks Greg for playing along!

Kherson

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