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 > Another upgrade...

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Post by midardon Jan 16, 2021 6:51pm

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Post# 32314230

Another upgrade...

Chemtrade Logistics upgraded to Outperform from Market Perform at Raymond James Raymond James analyst Steve Hansen upgraded Chemtrade Logistics to Outperform from Market Perform with a $9 price target, citing the analyst's view that the stiffest macro/operational headwinds facing the company in 2020 are poised to become tailwinds in 2021. Given this backdrop, Hansen sees a compelling total return set up in Chemtrade shares.

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https://thefly.com/n.php?id=3228432

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