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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 Khersonon Jul 14, 2020 6:20am
147 Views
Post# 31263964

RE:RE:Big drop in Sodium Chlorate demand and regen, acid services!

RE:RE:Big drop in Sodium Chlorate demand and regen, acid services!
winterishere wrote: Kherson, I went to sedar and scanned the prospectus.

A pandemic steering team has been formed!  And it looks like there will be some shares issued pretty soon, I might lower the target price for buying back in, or maybe just sit this one out.



It certainly looks to me like Chemtrade is forecasting continued weakness in their unit price. What is also sad is that their indebtness has also increased since the end of the 1st Quarter.
The important thing though is that the executive team will still get their bonuses as the Trust has actually lowered the bar on the Incentive Bonus Plan!
Chemtrade is going down the same rabbit hole that Canexus did!
Kherson

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