Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

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

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

Post by Khersonon Jun 11, 2023 9:24am
313 Views
Post# 35490479

June 8th News Release, some background info.

June 8th News Release, some background info.First of all, I am surprised that Scott Rook was not the individual who signed off on the NR concerning the fatality in Fort Mac. Any and all company H&S programs are the responsibility of everyone involved, but the the buck stops in the C-suite.
Digging deeper into Chemtrade's Health & Safety Program, we find the following statement; "The safety and health of our employees, contractors, customers and visitors are top priorities at Chemtrade. We manufacture hazardous, but essential products, often in demanding conditions, and we ensure those who work in our facilities are well trained and can carry out their work safely.

But what is odd with the above statement is that Chemtrade's own data from p. 6&7 of their 2020 Supplemental Sustainablity Report shows a sharp increase in serious incidents and injuries, especially among contractor workers.

Finally, here is an employee review from December concerning management. "Cons

Management of Chemtrade is atrocious. Their only concern is how much money they can save, and making policies so that the onus is never on the company when an accident happens. Incident reports are a joke. Serious incidents are usually brushed off as employee fault, root cause probably won’t be addressed if it will cost money.

Advice to Management

Spend money on fixing infrastructure at aging plants. Treat employees better. More “management” staff will not help solve anything.

Kherson
<< Previous
Bullboard Posts
Next >>