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

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

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
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Comment by Khersonon May 30, 2018 9:59am
79 Views
Post# 28098457

RE:Bad News For Q2

RE:Bad News For Q2
hawk35 wrote:

Prolonged CP Rail Strike Could Have Material Impact On Chemtrade's Operating Results

TORONTO, May 30, 2018 /CNW/ - A prolonged interruption of rail service resulting from the work stoppage at Canadian Pacific Railways that commenced on Tuesday night could have a material impact on the operating results of Chemtrade Logistics Income Fund (TSX:CHE-UN.TO - News).

Mark Davis, President and Chief Executive Officer of Chemtrade said, "Our operations are heavily dependent on rail service, and a number of our locations across Canada are served by CP Rail.  Where possible, we have plans in place to continue to deliver product to our customers.  However, alternative supply arrangements are not just costly but are also generally not feasible. If the stoppage continues for more than a few days, the additional costs and lost sales revenue could have a material impact on our operating results."




Not at all surprised!
Maybe the paid Pumpers can put a positive spin on this?
LOL...
Kherson


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