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 Chemicals

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 > Court decision

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Comment by GregC24on Feb 22, 2023 5:25pm

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Post# 35299444

RE:RE:RE:RE:Court decision

raybay_98 wrote: Is the money in Chemtrade's bank account? No, there's a thirty day appeal window in which SPB could contest said verdict and if contested could there be a different outcome? As the saying goes, don't count your chickens until they hatch. JMHO

Turns out the money is in their bank account...

"Superior has filed an appeal against the judgment. While Chemtrade was paid $25.0 million in January, no gain has been recorded related to the judgment owing to the inherent uncertainties associated with the outcome of the appeal."

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