TSX:CHE.DB.E - Post by User
Comment by
Red_Deeron Mar 26, 2024 6:02am
111 Views
Post# 35952307
RE:Six Sigma Update
RE:Six Sigma UpdateThe rest of the Thread
Comment by
my2pennieson Jun 01, 2021 9:54am 119 Views
Post# 33302385
RE:RE:RE:RE:RE:RE:Productivity and Reliability, May Business Update
Haha, Greg and Kherson go out to play.......Greg go easier on Kherson next. This thread is just becoming too embarrassing for Kherson. On a more serious note. Don't hold your breath for any major hydrogen project announcements anytime soon. They are likely in talks with an EPC and in a feasibility class of facilities assessment stage , which takes time, especially when you're being extra frugal to due a revenue contraction from the pandemic.
GregC24 wrote: Kherson wrote: GregC24 wrote: Kherson wrote: my2pennies wrote:You must fall out of ALOT of chairs if this surprises you. Those of us that have had extremely good success implementing Six Sigma, Lean, or Kaizan know you ALWAYS start small. FULL organization involvement can take years, as it's a cultural shift, and anyone with an ounce of Six Sigma experience fully knows this. It won't lead to failure, but a step in the right direction to better project execution. Must be a pretty good business update if a common sense approach to Six Sigma is the only thing you have to criticize. Kherson wrote:Finally had a chance to read over the latest Business Update. When I got to page 23 of the update, I almost fell out of my chair when they make mention to implementing Six Sigma to save $10 million, year over year. Sorry folks, but Chemtrade's take on using Black and Green Belts to lead projects is only a half measure that will lead to failure. Six Sigma initiatives work best when the whole organization is involved.
Kherson
I fully agree that Six Sigma is a full organization cultural shift and yes I am fully aware of the benefits and disappointments of implimenting or trying to impliment Six Sigma.
Let's have this same conversation after the 2021 Year End financials are released and what results Chemtrade can attribute towards it!
As for the rest of the business update, no mention of any of the recent equity funds raise going towards any proposed Green HYDRGEN projects!
Kherson
Why would they need to allocate funds when Hydra is paying the start up costs as announced in February? Trying to fabricate doubt again are we?
"This project aligns with Chemtrade’s financial and environmental goals: Hydra will pay for and install the required hydrogen capture infrastructure at our site; and, Chemtrade’s byproduct hydrogen will be used to reduce GHG emissions"
Looks like you caught me in a lie GregC24, but Chemtrade's March 10th News Release would have the Market believing otherwise!
Therefore the question needs to be asked and clarified as even a Unitholder with Greg's vast knowledge is confused; are there concrete plans in place for hydrogen capture at the Brandon plant, or was the quote in the March 10 NR, "the monetization of by-product hydrogen in the Electrochemical segment" only smoke and mirrors?
Thanks Greg for playing along!
Kherson
If you follwed along the Q1 earnings call answered all your questions.
"Finally, we are also exploring a number of growth opportunities in the hydrogen market. Sodium chlorate and to a lesser extent chlor-alkali produce hydrogen as a coproduct. Our manufacturing sites use hydroelectric power, so we're actually generating green hydrogen. In Q1, we announced a deal for one of our small chlorate plants that requires no capital investment from Chemtrade. And we'll start having -- we'll start to have significant returns starting in five years.
The big opportunity for hydrogen is that our Brandon, Manitoba facility, and that's about five times the size of the Prince George facility. We're investigating ways to develop that hydrogen stream into commercially marketable green hydrogen products."
Thanks for playing along...