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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

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

Comment by quest13on Jul 13, 2018 11:02am
113 Views
Post# 28312103

RE:RE:RE:Recent Paid Pumper Activity...

RE:RE:RE:Recent Paid Pumper Activity...I am surprising myself by finding myself in 100% agreement with you Kherson in my eagerness to see the 2nd quarter results,

I just noticed that I referred to some improvements in the second quarter and made the statement "will overcome the chloralkali problems".

In fact I should have said "partially overcome" as the extra cost of keeping customers going during the plant shutdown is quite significant.

unfortunately you cannot produce in advance and store the Chlorine except in Railcars and that is not a large storage possibility. THen there is the extra cost of purchasing material from other producers and the freight cost of shipping it the larger distance. I think of this as "illogical freight" as the rail freight costs are so high.

I am also happy to see that they have changed the old Canexus high interest debt to a lower interest rate one which will, after the cost of getting rid of the high interest debt, have a beneficial effect in future.

As we have agreed I really look forward to seeing the 2nd quarter results.

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